Using Nova IQ As An Indicator

While Nova IQ is a full-fledged trading system with entries and exits - traders can still use it as an indicator for discretionary trading!

The hallmark feature of Nova IQ, is its ability to identify price overextensions.

Using NOSC For Manual Trading

The best way to identify overextensions with Nova IQ is with NOSC.

NOSC has a natural ability to identify extended price moves. While can be interpreted similar to oscillators such as RSI or Stochastic, the underlying calculation and self-learning ability of NOSC places it well beyond traditional oscillators in terms of usefulness.

Using NBANDS For Manual Trading

While NBANDS aren't a core feature of Nova IQ's guiding heuristic, they're certainly useful for manual trading. Prices will infrequently extend beyond the bands, and it's unlikely price will continuously trade beyond them.

NBANDS don't use IQ technology; however, when combined with NOSC traders can identify strong double confluence opportunities.