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
Advanced techniques like the "3-5-7 rule" or custom position sizing based on setup bar length. steve primo strategy 4 pdf
According to details often found in the and related training materials from Pro Trader Strategies : For those looking to automate these rules, open-source
This is essentially a 50-period simple moving average (SMA) used to determine the overall trend. Buy Zone: Price must be closing above the 50 SMA. Sell Zone: Price must be closing below the 50 SMA. steve primo strategy 4 pdf
For a long trade, enter one tick above the high of the setup bar on the following candle.