While Strategy #4 can be traded standalone, Primo often pairs it with his proprietary Primo Early Trend Detector (PET-D) to color-code bars (green for bullish, red for bearish) to confirm that short-term momentum matches the trade direction. Step-by-Step Execution Rules
Guidelines on selecting the right option strike and duration to maximize the momentum move.
A trade is only triggered when a specific price action pattern confirms momentum within that trend. A common rule is that the "setup bar" must close in the top 25% of its range for a long trade or the bottom 25% for a short trade. 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
The strategy is built on the philosophy of keeping trading simple. It typically utilizes only one or two indicators to filter out "noise" and focus on clear price action. While Strategy #4 can be traded standalone, Primo
Rules for applying the strategy to volatile assets like the E-mini S&P 500 or Forex.
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 A common rule is that the "setup bar"
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.