 Hello everyone, JTW here, creator of the Neptune trading system and Xtrade's top analyst. Coming to you with the video guide for the Neptune trading system. So if you're watching this video, thank you for your interest in and or purchase of Neptune. And with that, let's get started. So in order to add the Neptune indicator to your chart after you've purchased it and granted access, you'll find it here in your indicators and trading view. You will find it in your invite only scripts. For me, it displays here in my scripts because it is a script I created. So all that you'll do is come here to invite only and you'll see Neptune trading system listed. You'll click on that and that will add Neptune to your chart. Now that we have Neptune on our chart here, let's talk about the different components of the indicator. First and foremost, we have the flag system. This is a two-flag system and these flags are tracing the price movement with Fibonacci levels based on a custom moving average. So we have here a chart interval flag, which you see is bearish moving here and bullish briefly right here. We also have a higher interval flag that is calculated on a time frame higher than the chart interval. In this particular case, this is the three-hour flag. We also have a customized version of SuperTrend that you can see here and here showing bearish as well as three moving averages. Now my settings as I have them currently are set up as simple moving averages. And those are currently set to the 100 SMA that you see here with this sort of teal line, the 200 SMA with this orange line and the 333 SMA being this red line. You may also notice that I have some candles changing colors. These are RSI candles that help us get a determination for whether or not RSI is starting to reach overbought or oversold levels. Or in this case, when we go from blue to this dark green color, it's extremely oversold levels. We also have a range filter which fires these long and short signals as a method for getting alerts as well as additional confirmation for entries. And last but not least, we also have the NTS dashboard. This shows us the current signal state for both the range filter and the chart interval flag, which would be this flag if we're talking about the one hour chart interval, chose the status of those on any time frame higher than the chart time frame. Now both the dashboard here and the higher interval flag, just as I was mentioning with the dashboard here, these need to be set to intervals higher than the chart time frame. If you try to set the higher time frame flag to something lower than the chart interval, in this case the one hour chart. So if I were to try to set this higher interval flag to let's say the 15 minute chart, it would disappear entirely and our signals would not be accurate if we have them on anything that is lower than the chart interval. Before I start jumping into the various templates that I personally like to use with Neptune, I just want to speak briefly about how to create custom time frames in TradingView because we are going to use those in some instances. So in order to do that, you just click on your time frames up here on the chart, scroll down to the very bottom, you'll see this section where it has an integer field, a field that lets you change this from minutes, hours, days, weeks, months, and the add button. So one of the ones that we're going to need, for example, would be the 18 minute chart. So we change this integer value to 18, change this to minutes, and we would then click add. As you can see, I already have that here on my list of custom time frames. Another one that I like a lot that doesn't show up as a default time frame in TradingView is the 24 hour interval. Very similar process to the 18 minute just changes to 24, change that to hours. And this gives you daily candles, but those daily candles will include extended hours data, whereas the typical daily candles do not. So before I jump into the different indicator templates that we're going to set up with TradingView, now that we've talked about these custom time frames, I'd like to also take a quick second to talk about extra market data with TradingView. Now, this is a question that I get quite a lot as far as whether or not a paid version of TradingView is required, as well as whether or not the extra market data is required. The short answer to both of those questions is no, a paid version is not required nor is the extra market data. However, you will see improvements in the performance of the indicator, especially when calculating or accounting for extended hours trading. And we are going to be using extended hours on for all of the examples that we're going to cover tonight. Again, these are just templates and approaches to using this indicator that I personally like. Many people find success using this just using regular hours. So just a touch on these TradingView plans like I was mentioning earlier. If we come here to the TradingView website in the pricing section, so more pricing, you'll see the different versions of TradingView available that you can pay for that add indicators or can allow you to do unlimited save chart layouts or alerts that don't expire depending on what tier you're willing to pay for. One thing I would suggest is if you're going to get the extra market data which a paid version of TradingView is required to subscribe to the extra market data. If you're going to be getting a paid subscription strictly for that purpose, I highly recommend going with the pro version, at least in the short term. TradingView runs sales frequently throughout the year, especially on 4th of July and Black Friday, where they discount a lot of their plans up to 60%. So you could pick up pro now, for example, and then let's say on Black Friday, upgrade to premium. Any dollar value that you have left in your pro subscription gets rolled into equivalent time added into your premium subscription. If you pick it up around that time, your renewal will come up at the same time every year, which means you'll constantly be renewing at the discount rate. So I highly recommend using that strategy just to save a few dollars. That being said, once you do have a paid version of TradingView, you'll come down here to the bottom of the pricing page. I kind of scrolled through that very fast. And you'll see where they have the available markets where you can purchase extra market data. You'll scroll down here to subscribe to real-time markets. As you can see, I am already subscribed, but the three that you'll want as well are ARCA, NYSE, and NASDAQ. Like I said, the extra data that you get from these data feeds, which again in total runs about $6 a month, will greatly influence the performance of the indicator, especially when accounting for extended hours trading. So let's jump back over to our chart. And let's talk about some of these templates that we're going to set up. So again, you've got Neptune loaded on your chart. The first template I want to cover is what I call Super Scouts. The Super Scouts template is based on a three-minute chart time frame. And let's take a look at the settings for Neptune. So we'll go right here to the skeer icon, which takes us into the settings. You'll see I have the NTS factor set to three. This greatly influences how both flags are calculated, both the chart time frame and the higher interval flag. This will influence how both of those are calculated and how they perform and track the price movement. You'll see we have the higher time frame set to 18 minutes. I have all three of my moving averages as SMAs, those being the 167, 333 and 555. Our site length is set to 14, which again will tell us when these, or will factor in when these bar colors change based on being oversold or overbought. And then last but not least, the NTS dashboard, which I have set to 5, 15 and 30, which, as you can see, is displayed up there in the top right corner. So this is the Super Scouts setup. Once I've got all this set up exactly the way I want it, and again, you can go in and customize this however you want, including changing colors and changing SMAs to EMAs or changing the NTS factor. This is a highly customizable system, but speaking on the Super Scouts setup in particular, without getting into the visual aspects of it, what we want to do after we have all the settings set exactly the way we want them is we'll click on these four boxes up here, which as you can see, if I hover over that says Indicator Templates, we'll click Save Indicator Template. Now, one thing that we want to make sure we're doing with all of these templates is checking the remember interval box. That's going to come in handy later as we rotate through some of our different templates. And then we will select a name for it. And the name, really the most important part of how you name these Indicator Templates is going to be what this first character is, because later on, we're going to make these favorites. And as you can see what this first character is, whether it be 0, 1, 2, 3, that is what's going to display up here when you set favorites. So make sure that you're setting these to something that you'll remember and allows you to distinguish the different templates that you have set up. So like I said, we've already got this set up for Super Scouts. So I'll just go ahead and select that, click Save. Anytime you're updating the template, you'll get this notification. You just click Yes. And now, anytime I click on that 0 up here, which loads that template, it will bring up the three minute chart with all the settings set just as we covered them. So like I said, I did set this as a favorite. So just to cover that real quick before we jump into the rest of the templates, once you have created an Indicator Template, you can click your template list menu right here. And any of the templates that you put a star next to are going to appear here as buttons that allow you to quickly access that particular setup. And that pulls all of the settings as well as the way we are doing it, the chart interval for us. So next, let's take a look at more of the standard scalp set up, which is very similar, but this one is based on the five minute chart. And here we have our settings once again. So NTS factor three, higher interval flag is again set to 18 minutes. Our moving averages are now 100, 200, and 333. RSI length doesn't change. We'll never really change this as far as these templates go. But you can feel free to modify that if you'd like to. And then here are dashboard settings 10, 15, and 30. Next up, we have what I call short swings. This is the 15 minute chart. And here we are going to look at the settings. This leaves the NTS factor to the default of six. We do have the higher timeframe flag set to 90 minutes. Again, my moving averages haven't changed from the last template, still SMAs, still 100, 200, 333. Again, like I said, RSI length is not something I really modify very much across these templates. And the dashboard intervals are set to one hour, four hour, and one day. Last but not least, we'll take a look at what I call the long swing setup. And just to cover these settings really quickly, we are looking at the one hour chart. We have our factor set to six, higher timeframe set to three hours. Again, 100, 200, 333, all SMAs, 14 RSI length. And I have my dashboard set to four hours, 24 hours, and one week. So the really nice part about creating these templates and then adding them to your favorites is it allows you to, with just a few clicks, cycle through a number of different trade scenarios on any single ticker, whether we want to look at scouts, whether we want to look at something like a short-term swing, or a longer-term trade. We can also use these different trade scenarios to further inform our trade plans and our trade entries. But I'll talk about trade examples and some of the things to look for with Neptune toward the end of the video. But next, let's talk about alerts. So I tried to make setting alerts with Neptune as easy as possible. All that we do is come up here to Add Alert. We'll want to change the condition from spy extended to Neptune 2.4 in this particular case. Now, you'll notice that it defaults to the Any Alert function call. This Any Alert function call essentially encapsulates the flag flips, so whether or not the flag is flipping bullish to bearish or bearish to bullish, or whether or not we're getting long or short signals. This Any Alert function call will fire all of those at once with one single alert based on the chart interval, as well as based on that signal being there when the candle closes. So for example, even if this short alert that we see here pops up about halfway down on this candle, we're not going to actually see it until this candle fully closes if we're using the Any Alert function call. Obviously, you can change the expiration times here because I have Trading View Premium. I have the option to do open-ended. You can also change where you want to be notified. And the notifications that you'll want as far as text that will be coming through the Trading View app is hard-coded for the Any Alert function calls. So all that you'll see down here is the alert name. But you can also select specific alerts that you may want to fire, whether that be I only want to see bearish flags, bullish flags, I want to see long shorts. I've also recently added these rejection zone and bounce zone alerts. And once we select a specific alert outside of the Any Alert system, that's where we can get into customizing things a little bit more as far as whether or not we want those alerts to fire only once, once per bar, once per bar close. Again, pretty much everything with the Any Alert function is using this once per bar close. But once per bar can also be useful, even though the signals aren't truly verified or the flag won't completely flip until the bar has closed. And again, you also have the ability to set names for these alerts down here, as well as specific messages. This is the default message, which will send to your Trading View app. Or if you have it set to show pop-ups, we'll show you bounce zone, what the chart is. So this would be spy, bounce zone, interval. So these alerts can, as you see, be critical to spotting entries on tickers that you may not have up on your chart at the moment. But it'll let you know that there could be something interesting developing for a potential entry, whether that be long or short. All right, so let's talk about some trade examples. For our strategy discussion and trade examples, I'm going to be using spy. We're going to start on higher timeframes, and we will move towards some of the scalping setups that we discussed earlier in the video. And I'm going to start by talking about some of these high-risk setups that I see here on my screen currently. And then we'll also talk about some ideal setups where we allow the trade to come to us. The setup that we're currently looking at here is the long swings setup that I mentioned earlier, where we have the one-hour chart time frame and TS factor of 6 and the three-hour higher interval flag that you see here. So what we see happening is spy rejecting SMAs and coming down to test this flag and eventually flipping it over. So this now becomes a high-risk, tight-window scenario that you can use to play either the upside or the downside. So if we're looking at these upside opportunities, I would say they're a little bit higher risk because not only do we have this bearish flag in place now, but we also have the SMAs that are all trending down and they're inverted, which is also bearish. So to me, that indicates higher risk and also probably wanting to keep our position sizes a little bit below our normal position size as we try to capitalize on some of these small windows of opportunity. So from the upside plays, again, we see spy testing the bottom of this three-hour bullish flag. That's where we would be interested in possibly taking an entry, knowing that we're going to stop out on a confirmed break below that. And we would have our targets up here as we start to test the selling pressure and especially when we have a confluence with these SMAs, which you can see served as the additional selling pressure or resistance that pushed spy down a little bit and back into this bullish flag. We also see the same thing here to the downside. Again, this is slightly more favorable because we do have the SMAs working in our favor. But this three-hour bullish flag is also, I would consider it, a little bit more powerful or significant than the one-hour bearish flag. So again, a mixed bag, still a high-risk setup. But if we wait for spy to start to test some of these upper levels of the one-hour bearish flag, we can look at taking an entry really anywhere up in here in these top two levels, knowing that we have a stop-loss average down opportunity when we have a confluence of that bearish flag in the 333 SMA, which we never really test. It does ultimately come down. And as you can see, it comes all the way back down to the bottom of the bullish flag before it bounces again. So if we want to look at the overall trading opportunities, anywhere down here in this area to anywhere up here in these areas, unless you have a confluence with an SMA, which is definitely something where we would want to take profit on a successful entry down here. And same thing up here, we're going to want to start looking to take profit as we test these lower levels of this flag, because we don't have any SMAs to further gauge a more specific support area or confluence. Now, eventually, a spy does flip everything back to the bullish side. And this is when we want to wait for the trades to come to us. So what you see happen here is the price moves up, starts clearing out some of these SMAs, and ultimately flips this one hour flag back to the bullish side. So now we are more bullish across the board as far as the Neptune flags are concerned. Our SMAs are still inverted, but you can see we've got the 100 SMAs starting to trend to the upside. And we're seeing bounces start to happen as we test these SMAs. Now, ideal entry in this scenario, obviously, hindsight is 20-20, so it's easy for me to say. But this is, based on the strategy we want to deploy with Neptune, a very good trade entry right here. I say that because we are getting ready to test both the one hour and three hour flag right at the same time, as well as we have the 100 SMA that is trending up here in essentially what I would call double bullish pressure that we could use as a stop loss very close by where we would find a confluence of buyers more than likely. As you can see, we continue up pretty solidly all the way up from, let's just say, about 426 all the way up to the 450 area. So a very nice move over a short period of time on spy to the bullish side. Let's say that you decide to take some profits or you get out of the trade entirely and you're waiting for another entry. Well, what do we have here? We have another back test entry. So again, this is exactly what we're looking for. We can disregard this short signal and this trend flip. Those don't really concern me too much in this particular case because we do have, again, the double bullish flags. And we have the SMAs moving up pretty strongly in our favor. So if we look at how things play out from taking an entry here, we can see that we do get a pretty nice move all the way from this time 443 all the way up to where we top out right around 461. And this is really where combining Neptune with support resistance becomes key. I've hidden or actually in this particular chart layout removed all of my support resistance levels because I want to focus on the indicator specifically. But definitely combining Neptune with support resistance levels or as you'll see in the PDF guide, some sort of an automated support resistance system like that SRV2 by Barstalone, something that kind of helps you gauge your exits. Because Neptune is really for trend and entries and trying to find those ideal back test entries to catch the next leg up or the next leg down if we're talking about bearish plays. It's not really meant to tell you precisely where your ideal exit is going to be. So make sure that you're combining this indicator with some support resistance levels, Fibonacci levels, or some kind of an indicator that will help establish support resistance levels for you if that's something that you struggle with. Now, as you can see, the price action eventually does start to break down. We do flip things back to the bearish side here on the one hour chart time frame. However, SMAs are still moving in our favor. So again, we can look for those sort of high risk entries trying to grab puts up here as we test this bearish flag, looking to exit those puts as we test the bottom of the bullish flag or a confluence like we see right here with the 200 SMA and the bullish flag that would act as support against our bearish trade from up here in the flag. And to discuss a real world risky trade that I took that actually looked like a great setup because of some of the bounces that we've seen happen out of the bottom of this three hour flag. As you can see, we get a pretty decent bounce here. We referenced some really key ones, one that sent us up quite a bit that started at the bottom of this three hour flag. So I was looking to take a trade as we tested the bottom of this three hour flag. And the reason why I was pretty comfortable with that trade, even though that we had this bearish pressure kind of getting tighter and tighter, making this window for upside smaller and smaller is that even if this entry didn't hold, we did have the 333 SMA just below that I was very confident I could use as a strong stop loss or average down level. Now, ultimately my plan was to swing some spy calls when I got into this because I was expecting this three hour flag to hold. However, once we broke down below that and eventually flipped that over and made all of this additional selling pressure above or overhead for our play essentially working now against us, I started scaling out a lot more aggressively and essentially got the vast majority of my contracts out and held I think maybe one or two free runners that I swung, which it didn't matter at that point if they expired worthless because I was able to secure enough profit on this move over the next three hours that moved us all the way from 443.92 up to 451 almost. So that was more than enough upside move. However, we do wanna make sure that we're using Neptune to make adjustments to our plans as we look at say expecting to swing but when things don't work in our favor entirely we wanna make sure that we adjust our position size and prepare for a play that may not work out as well as we thought it would but still a great profit opportunity even just off that bounce with the 333 SMA comes up tests now the confluence of bearishness on the bearish flags and as you can see that starts to send us down so definitely the right play to get out there. Now we see the price action flip fully bearish and as we see it come up and test the flags again that's where we start to see rejections especially at these confluence areas until we get to this point where we get the strongest rejection of all even though it is a high risk setup again very key opportunity up here as we're testing this 333 SMA all of the SMAs have flipped bearish and we know that we've got a pretty good entry here for puts or a bearish play in worst case things push up and invalidate this longer term three hour bearish flag at which point we stop out of the trade that can't happen no trader is 100% perfect no indicator is 100% perfect but Neptune is extremely effective and will give you a significant edge over others in the market. So we see this rejection start to happen and it played out fantastically and just like I said earlier if you kind of missed this initial move what do you do? You wait for the back test to get in here we see the back test of the bearish flag and the bearish trend line again fantastic confluence of selling pressure that pushes us down here. Now today is where I took some scout trades using Neptune that I'm going to discuss next. So here we have the scalping setup this is the five minute scalping setup so five minute chart, 18 minute higher interval flag and TS factor of three and what I was looking at today was several key entries that were back tests. Now in more volatile markets we want to be really really focused more on these back test entries than any kind of a breakout type of entry because there is so much volatility in Whipsaw that it's almost a guarantee that you'll see a pretty good back test as things become more bullish and less volatile those back tests will probably become less frequent still great opportunities to get in for trades when you spot them but we can be a little bit more apt to take the full breakout plays in a bullish market when things tend to hold their direction for longer periods of time. So what I was looking at here today again we have the, this is the hundred SMA dipping down 200 SMA we're losing it early on into the market and we're in fact rejecting it quite a bit as well as the 333 SMA and here you see we get the full breakdown where we finally flip both the five minute flag and the 18 minute flag to the bear side however I did not chase this move down to here a few things I didn't like about it first and foremost we're still pretty early on into the trading day and again I wanna really wait for those back test opportunities so my first put entry on the day I took up here knowing that I had not only both the flags in my favor SMA is working their way down but also the 333 SMA right here that is giving us a confluence with the highest selling pressure of this bearish flag so I knew that that was a pretty key stop loss average down level for me if things didn't go my way however they did we moved all the way down to here I did scale out and probably closed all of my positions out somewhere in this neighborhood because I was happy with the profits on that particular trade and I know is gonna wait for another kind of key back test here we see another one where we start to get these rejections and rejections and we also had this bearish flag right above us so I took an entry here knowing that if we got up to this trend the bearish flag and the bearish trend line right here that we would probably find some rejection opportunities it took us two tests up there before we ultimately rejected and moved down quite a bit lower where I closed out for a small amount of profit and this was a really quick scalp trade again seeing these tests in this double bearish confluence great rejection opportunities until you get the real, real nice test and the rejection right here where you see and I'm zooming in on this a little bit so you can see it clearly we have the first level or the very surface level of the 18 minute flag we have the highest selling pressure of the five minute flag all connecting right there at this one spot so again kind of giving us almost pinpoint accuracy all the SMAs are pushing down to the downside I mean everything is just showing us that we should be looking for these rejection opportunities and using these other indicators as sort of key stop loss or average down levels which sense by quite a ways down going into the close so these are the types of setups that we wanna look for with Neptune again we always wanna be patient when we wait for those back tests we wanna let the trades come to us and use all of the elements of Neptune to your advantage to know when it's time to either short the rip or buy the dip