For a long trade, enter one tick above the high of the setup bar on the following candle.
Guidelines on selecting the right option strike and duration to maximize the momentum move. steve primo strategy 4 pdf
Chart Source code. 802 61. From Now, i will list strategies as UCS _S_ & Indicators will be UCS_I_ This is a short term Pullback / TradingView UCS_S_Steve Primo - Strategy 4 - TradingView For a long trade, enter one tick above
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. 802 61
is a momentum-based trading method designed to capture quick, short-term moves in any market or timeframe. Developed by veteran floor trader Steven Primo, this strategy relies on a simple set of rules—often refined into a PDF guide for students—to identify high-probability entries where trend and momentum align. Core Principles of Strategy #4
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.
Ensure the current price is on the correct side of the 50-day moving average.