For a long trade, enter one tick above the high of the setup bar on the following candle.
Rules for applying the strategy to volatile assets like the E-mini S&P 500 or Forex.
A standard target is often calculated as one times the length of the setup bar (1:1 risk/reward), with a secondary target at two times the bar length.
Look for a bar that closes in the upper 25% of its daily range (for longs) or lower 25% (for shorts).
According to details often found in the and related training materials from Pro Trader Strategies :
For those looking to automate these rules, open-source scripts like the UCS Steve Primo Strategy 4 on TradingView can plot these signals directly onto charts. UCS_S_Steve Primo - Strategy 4 - TradingView
For a long trade, enter one tick above the high of the setup bar on the following candle.
Rules for applying the strategy to volatile assets like the E-mini S&P 500 or Forex.
A standard target is often calculated as one times the length of the setup bar (1:1 risk/reward), with a secondary target at two times the bar length.
Look for a bar that closes in the upper 25% of its daily range (for longs) or lower 25% (for shorts).
According to details often found in the and related training materials from Pro Trader Strategies :
For those looking to automate these rules, open-source scripts like the UCS Steve Primo Strategy 4 on TradingView can plot these signals directly onto charts. UCS_S_Steve Primo - Strategy 4 - TradingView
Resultado: sucesso total, e o nosso parceiro irá adquirir uma licença em breve.