WL VOLA OPEN STRATEGY

Wim Lievens

Wim Lievens

(only NanoTrader platform)

DESCRIPTION

The WL Vola Open strategy designed by trader Wim Lievens is based on two observations:

  1. Market volatility is high when the market opens.
  2. The market price tends to make a significant move after the market open.
  3. Although the strategy can be used for market indices, the focus is really on trading volatile stocks which have small spreads.

This strategy pack contains:

  • The WL Vola Open trading strategy.
  • The WL Bars.
  • The WL Triade stop loss.
  • Ready to use set-up for most volatile stocks!
  • Ready to use set-up for the 4 market indices.
  • One hour online coaching by Wim Lievens.
  • Two hours video teaching in English, French, German or Dutch.

The strategy in detail

When to open a position

  • The strategy determines an opening range. To determine the opening range the proprietary WL Range Bars. The WL Range Bars combine the advantages of Heikin Ashi candles, traditional range bars and renko bars.
  • The strategy uses the first four WL Range Bars after 9h00 to determine the opening range for European indices and stocks, and the first four WL Range Bars after 15h20 to determine the opening range for US indices and stocks.
  • On top of the opening range, the strategy immediately calculates two additional trading ranges. These ranges are used as profit targets.
  • A vertical green line in the chart background appears if a WL Range Bar closes above the opening range. This is a buy signal. A position is bought at the market price when the next WL Range Bar appears.
  • A vertical red line in the chart background appears if a WL Range Bar closes below the opening range. This is a short sell signal. A position is sold short at the market price when the next WL Range Bar appears.

When to close a position

  • The WL Vola Open strategy has two profit targets and one stop.
  • The platform will automatically place the two target orders at the correct price level. The platform automatically splits the position into 1/3 to be sold at the first profit target and 2/3 to be sold at the second profit target. When trading market indices, the trader must therefore buy at least 3 CFDs or 3 futures.
  • The stop used by the WL Vola Open strategy is the proprietary WL Triaden stop. This unique stop is also automatically placed and managed by the platform. The stop level is initially at the bottom (top) of the opening range.
  • The WL Vola Open strategy also contains an entry and an exit filter. The filters block new trading signals from 17h00 (European markets) or 21h20 (U.S. markets) onwards. The filters also close any remaining open positions at 17h15 or 21h45.

For more information do not hesitate to contact me.

Your WL Bars have an excellent reading. Simple, clear, sharp and precise chart based on price action, very effective with dow theory. *** Have to share my happiness with someone because I won 10429 euros with the signals via your SuperFive tool. Thanks again Wim !!! *** Your strategies are really superb: especially the interest of not entering in a "compulsive" way anymore, while respecting all the rules that you taught us. *** It was perfect, your online seminar has evolved in a fantastic way, it's more complete, more dense, more structured. *** Thanks Wim !!! Did my best trade yesterday on the nasdaq with 2000 USD profit. *** The COURSE was really great and I got a lot out of it. *** Excellent results so far: small losses, small gains, and 20-25% good gains. This gives confidence. *** Your price action approach is really impressive and you were right, I will never look at a chart otherwise again. *** Congratulations on the elaborate WL Super Five trading system. To me this is complete, clear, very easy to oversee and has infinite possibilities. *** Dear Wim, I have to share this since this has helped me so much that I have now managed to trade succesfully the last 2 months grin. *** Thank you Wim for this online course, really interesting. Everything is starting to become clearer. Can't wait to trade tomorrow! *** Thanks again Wim. It was instructive, clear, reassuring, efficient, inspiring, rich, precise, warm, pleasant, useful...In short, it was great! *** Impressive Wim really ... I had never heard this approach before, especially in terms of money management. *** I want to thank you again Wim for all your help, your personal mentor program really helped me. *** Excellent course Wim, very interactive, very rich, structured and your incredible talent as a teacher *** Just wanted to say that this new training is really mega good. Packed with your expertise, super compact to the point and everything great explained by you! *** I am so, pleased to have been able to develop this trading plan and absolutely thrilled with my success Thanks to you Wim! *** Impressive Wim really ... I had never heard this approach before, especially in terms of money management. *** Congratulations on the elaborate WL Super Five trading system. To me this is complete, clear, very easy to oversee and has infinite possibilities. *** I want to thank you again Wim for all your help, your personal mentor program really helped me. *** I am so, pleased to have been able to develop this trading plan and absolutely thrilled with my success Thanks to you Wim! *** Excellent course Wim, very interactive, very rich, structured and your incredible talent as a teacher *** Your strategies are really superb: especially the interest of not entering in a "compulsive" way anymore, while respecting all the rules that you taught us. *** The COURSE was really great and I got a lot out of it. *** Have to share my happiness with someone because I won 10429 euros with the signals via your SuperFive tool. Thanks again Wim !!! *** It was perfect, your online seminar has evolved in a fantastic way, it's more complete, more dense, more structured. *** Your price action approach is really impressive and you were right, I will never look at a chart otherwise again. *** Thanks again Wim. It was instructive, clear, reassuring, efficient, inspiring, rich, precise, warm, pleasant, useful...In short, it was great! *** Thanks Wim !!! Did my best trade yesterday on the nasdaq with 2000 USD profit. *** Just wanted to say that this new training is really mega good. Packed with your expertise, super compact to the point and everything great explained by you! *** Excellent results so far: small losses, small gains, and 20-25% good gains. This gives confidence. *** Thank you Wim for this online course, really interesting. Everything is starting to become clearer. Can't wait to trade tomorrow! *** Your WL Bars have an excellent reading. Simple, clear, sharp and precise chart based on price action, very effective with dow theory. *** Dear Wim, I have to share this since this has helped me so much that I have now managed to trade succesfully the last 2 months grin. *** It was perfect, your online seminar has evolved in a fantastic way, it's more complete, more dense, more structured. *** Excellent course Wim, very interactive, very rich, structured and your incredible talent as a teacher *** Thank you Wim for this online course, really interesting. Everything is starting to become clearer. Can't wait to trade tomorrow! *** Impressive Wim really ... I had never heard this approach before, especially in terms of money management. *** I am so, pleased to have been able to develop this trading plan and absolutely thrilled with my success Thanks to you Wim! *** The COURSE was really great and I got a lot out of it. *** Dear Wim, I have to share this since this has helped me so much that I have now managed to trade succesfully the last 2 months grin. *** Just wanted to say that this new training is really mega good. Packed with your expertise, super compact to the point and everything great explained by you! *** Your WL Bars have an excellent reading. Simple, clear, sharp and precise chart based on price action, very effective with dow theory. *** Your price action approach is really impressive and you were right, I will never look at a chart otherwise again. *** I want to thank you again Wim for all your help, your personal mentor program really helped me. *** Have to share my happiness with someone because I won 10429 euros with the signals via your SuperFive tool. Thanks again Wim !!! *** Your strategies are really superb: especially the interest of not entering in a "compulsive" way anymore, while respecting all the rules that you taught us. *** Excellent results so far: small losses, small gains, and 20-25% good gains. This gives confidence. *** Thanks Wim !!! Did my best trade yesterday on the nasdaq with 2000 USD profit. *** Congratulations on the elaborate WL Super Five trading system. To me this is complete, clear, very easy to oversee and has infinite possibilities. *** Thanks again Wim. It was instructive, clear, reassuring, efficient, inspiring, rich, precise, warm, pleasant, useful...In short, it was great! ***