DislikedNO. III CONSIDER Trading Long when Green line is > 50. Short when Green line is < 50. Trading Long when Green line is > Red line. Short when Green line is < Red line. Trading Long when Green line is > Yellow line. Short when Green line is < Yellow line. Trading Long when Green line is > Red line and Yellow line. Short when Green line is < Red line and Yellow line. Trading Long when Green line is > Red line and Yellow line and 50% line. Short when Green line is < Red line and Yellow line and 50% line. (from aggressive to conservative. pick your poison...Ignored
Hi Frank,
It is good to formulate your own trading rules and test them in realtime live market. I have done the attached pdf for you and hope that will help you develop a proper trading plan using TMS 5-Method as the core trading method. Always remember to keep the core of TMS , i.e. use the TDI and APB. All other stuff you want to add to must be tested over many trades.
You need to work on a money management strategy and test that in realtime live market using a demo account.
regards,
Attached File(s)
TMS 5-Method Basic Rules.pdf
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