setup:
1. add martin trend bars, add martin S/R, add martin
L/S zones to chart
2. set martin S/R to 1 or 2 sensitivity (recommend 1)
rules for opening a trade:
-open if zone color is in the same direction as your
trade, green for long short for red
-open on the next 3 color trio you have after a trio
of the opposing color (aggressive)
-open on the next 3 color trio after a large block of
the opposing color (ultra conservative)
rules for stop loss:
-if longing, put SL slightly under the current support
(1-5 pips)
-if shorting, put SL slightly under the current
resistance (1-5 pips)
rules for taking profit/losses:
-you get stopped out on your trades
-if longing and resistance line becomes lower than the
previous resistance line then close the trade
-if shorting and support line becomes higher than the
previous support line then close the trade
-if zone color changes to the opposing color then
close the trade
-be smart and close the trade yourself under your own
discretion
1. add martin trend bars, add martin S/R, add martin
L/S zones to chart
2. set martin S/R to 1 or 2 sensitivity (recommend 1)
rules for opening a trade:
-open if zone color is in the same direction as your
trade, green for long short for red
-open on the next 3 color trio you have after a trio
of the opposing color (aggressive)
-open on the next 3 color trio after a large block of
the opposing color (ultra conservative)
rules for stop loss:
-if longing, put SL slightly under the current support
(1-5 pips)
-if shorting, put SL slightly under the current
resistance (1-5 pips)
rules for taking profit/losses:
-you get stopped out on your trades
-if longing and resistance line becomes lower than the
previous resistance line then close the trade
-if shorting and support line becomes higher than the
previous support line then close the trade
-if zone color changes to the opposing color then
close the trade
-be smart and close the trade yourself under your own
discretion