Q10 is an algorithmic indicator that weighs nine separate indicators at their optimum time to identify, enter and exit trades.

Using an artificial intelligence overlay, the program adjusts the trade size, entry risk and exit time based on a predetermined risk management system to minimize daily loss/drawdowns.

This indicator is a blend of 9 indicators commonly known in the financial market.

Using Artificial Intelligence (A.I.), the optimum conditions for each indicator is evaluated (when it is performing it’s best), and the indicator is only given “weight” for the trading when operating during its optimized conditions - otherwise, that indicator is ignored.

The 9 indicators are as follows:

Moving Average: Moving average is a statistical tool used by traders to analyze price trends over a set period of time. It takes the average of a series of prices over a certain specified period, in our case, the past 10/20/30 days, and then plots this average on a chart. By doing this, we spot potential buy and sell signals based on the direction of the moving average. When the moving average is increasing, it is a sign that a price is on the rise and is a potential buy. On the other hand, if the moving average is decreasing, it is a sign that a price is decreasing and is a potential sell.

Exponential Moving Average: An exponential moving average (EMA) is a type of technical indicator used in trading that is typically used to identify potential entry and exit points. The EMA gives more weight to more recent price points, rather than the standard moving average which evenly distributes the weight across all data points. The EMA's calculation starts by determining the simplest moving average for a given number of days (a 7- and 14-day EMA). From there, the exponential factor is determined by the calculation (2/(number of days + 1)). Then, the EMA is calculated by adding the exponential factor multiplied by the price difference between the current period and the previous period moving average. We use the EMA to determine which direction a contract is moving and/or when it is in an overbought/oversold situation. We use it in conjunction with other indicators to more accurately gauge the direction and momentum, as well as a trend direction indicator. If the EMA crosses the moving average, it is taken as a signal to enter or exit a trade for this indicator.

MACD (Moving Average Convergence Divergence): A trend indicator that displays the relationship between two moving averages of prices. Moving Average Convergence/Divergence (MACD) is a technical analysis tool measures the relationship between two moving averages of a Futures Contract's price. The MACD line is calculated by subtracting the 26-day exponential moving average (EMA) from the 12 EMA. The 12-day EMA acts as the fast moving average, while the 26 day EMA acts as the slow moving average. The signal line is then a 9-day EMA of the MACD line. We use the MACD to measure momentum and gauge trend direction. By plotting a Futures Contract’s prices against the MACD, we identify extreme price levels. If the MACD line crosses above the signal line, then the Futures Contract may be entering an upward trend. Conversely, when the MACD line crosses below the signal line, then the market may be entering a downward trend. We watch for the following crossovers as confirmation of trend change: a bullish crossing occurs when the MACD line crosses up and over the signal line and a bearish crossover occurs when the MACD line crosses down and under the signal line.

MACD 4C: The MACD 4C is a trading strategy developed by Thomas Aspray. It is based on the Moving Average Convergence Divergence indicator, which is a trend-following momentum indicator designed to identify when a Futures Contract is overbought or oversold. The 4C of the strategy stands for ‘crosses, crossovers, convergences and divergences’, and it allows for traders to identify a new trend or an imminent reversal in the current trend. By taking into account the overlapping of moving averages and the slopes of their respective trends, traders can find good entry and exit points for trading. The MACD 4C trading strategy helps traders to identify the direction of the trend and take advantage of price reversals. The first step is to plot the MACD indicator on the chart and identify the crossovers of the MACD and Signal lines, which signals an upcoming trend change. Next, we look for convergences and divergences between the MACD and price trends. If the price trend is pointing upward and the MACD is heading downward, this means that the current trend is about to reverse, and we take this as a signal to close their long positions and open short positions.

RSI (Relative Strength Index): RSI (Relative Strength Index) is a technical indicator that is an oscillator that measures the speed and change of price movements of a market over a given period of time. The index moves between 0 and 100 and is used to gauge whether an asset is overbought (above 70) or oversold (below 30). We use the RSI to help predict potential reversals in the Futures Contract's price trend. When the RSI is overbought or oversold, it is an indication that the Futures Contract is in potential reversal phase: If we see the RSI get overbought, we take a short position; if the RSI is oversold, we take a long position. Another way we use the RSI is to look for signals of divergences between the indicator and the price action. This happens when the indicator is either diverging or converging with the price, and can is an indication of a reversal.

Stochastic Indicator: The Stochastic Indicator is a technical indicator based on the idea that prices close near the high or low of the range when the asset is trending. It provides a range of information such as the current price range, its strength, and its momentum. This indicator is used to identify potential turning points by measuring the degree of directional movement in the asset. We use the Stochastic Indicator to analyze the market momentum of an asset and decide when to enter and exit trades. We set a high and a low parameter for the indicator based on the previous day's range, and we will take it as a long or short indicator when the price reaches these levels. We also monitor the strength and momentum of the trend to take advantage of short-term opportunities in the market.

Volume: Volume is a measure used to track the amount of a particular asset that trades each day. We use it to understand the strength of a market and its underlying trend. If the volume is high, then it suggests that investors are buying and selling more frequently and with greater conviction. Conversely, if the volume is low, it suggests investors are less interested in the asset and may be losing confidence. Volume is an important tool for us to gauge current market sentiment and gauge future trends. It is also used to make buy and sell decisions by comparing current volume to average volumes over a specific period of time. This can be a useful way to identify potential trading opportunities.

Retraction in relation to ATH (All-Time High): The ATH is important for us as it indicates the upper price ceiling and therefore can be used as an entry or exit point. We will take a sell position as soon as the price hits the ATH, after experiencing an uptrend. After the instrument is sold, we monitor the retraction percentage to determine when the price is likely to hit the support price, and potentially reverse its course if it drops beyond the expected percentage from the ATH.

High Volume Areas: Areas of high volume artificially create support and resistance levels to trades attempting to go through them. As barriers, they help to identify the opportunity and length of prospective trades.

If the indicators are in their optimum stage, they are weighted as trending long (“green”), trending short (“red”), or indecisive (“yellow”).

If the majority of the weighted indicators are green, a “long” position is taken; vice versa for "short."

Q8 does not set a specific Take Profit (TP) or Stop Loss (SL) in the program, as the strategy is based on identifying trends, in a method called Trend Following. Trend Following is a strategy that seeks to capture gains through the analysis of an asset whose price is moving strongly in a particular direction. In this context, trades can vary in duration, ranging from a period of seconds to a few hours, but it is designed to be back in a cash position by end of trading day.

So long as the indicators remain strongly in either direction, the trend will continue. As the indicators reverse, the position is closed.

Nova Trading Lab is a software company, and does NOT manage accounts or investors, or operate any form of investment management.

The software is only available via a PAM Pro (Forex) at this time, not self-directed trading. Nova Trading Lab has partnered with various providers to ensure protected use of the software.

Nevertheless, the user still retains complete control of the software so far as turning it on (it will trade in conditions the user finds attractive) or off (Q10 will not trade).

Q10 is available to non-US residents only and it trades Gold only in this configuration.

The entry license level of Q10 (L1) is currently available for FOREX. There are a limited number of licenses being sold to protect the efficacy of the software and prevent “slippage” or issues with getting orders filled.

You are looking for the fine print? There isn’t any.

Don’t like the software? Ask for a refund and get you entire license fee back.

Love the software, but need the money? No problem… just ask for the refund within 30 days of the purchase.

We are charging upfront to make sure that the people who sign up for the license can afford the software after the 30 day period. If we gave the software away, a lot of people who weren’t genuine buyers would take your license space… and we want to protect you from that.

So think of the money back guarantee as a placeholder, proof that you are a genuinely interested license holder.

And if you decide you want your money back, just reply to the receipt you received that you would like a refund within 30 days of the purchase. You will receive the full amount back, no questions asked.