Martin Momentum Strategy Short set up

19 giu 2019

MARTIN MOMENTUM STRATEGY

Short Trade Rules

- Red Stochastic background
- Green stochastic line below red above 50%
- At least two red bars on Trend Meter
- Price close below blue Momentum line
- Minor support is away from the entry*
- Place stop loss at highest wick in 8 candles
- 1:1 RR trade to find TP
- Enter Trade

ONCE IN A TRADE - MANAGE SL

- Enter trade
- Move stop loss to 12.5% of TP once at 25% of TP
- Move stop loss to 25% of TP once at 50% of TP
- Move stop loss to 50% of TP once at 75% of TP
- Move stop loss to 75% of TP once at 100% TP
- Trade closes if 100% TP is hit

[*Optional but risky/aggressive to ignore.]


Get these 6 indicators for the Martin Momentum/Trendline Strategy
Auto Trendline
Support Resistance Zones
Momentum Lines
Trend Meter
Stochastic Trend
Drops Coming
Addon
Rise Coming

View the Full Martin Momentum and Trendline Strategy Tutorial:

20 giu 2019

Trade attivo

Your SL should be at 25% now unless you took profit at 50%