Steve Primo’s Strategy #4 is a short-term momentum and pattern recognition method focused on identifying high-probability pullbacks, typically utilizing a 50-period SMA to determine trend direction. The strategy, often paired with the PET-D indicator for confirmation, focuses on entering trades one tick above or below the setup bar, according to rules outlined in the Pro Trader Strategies course. For the full strategy documentation and video modules, visit Pro Trader Strategies. UCS_S_Steve Primo - Strategy 4 - TradingView
Position Sizing: Commonly recommended at a 2% risk per trade. Where to Find More Details
The Buy/Sell Line: Uses a 50-period Simple Moving Average (SMA) to determine the trend. Long only if price is above the 50 SMA. Short only if price is below the 50 SMA.
Traders often search for the Steve Primo Strategy #4 PDF to access specific checklists, such as:
: Uses a 50-period Simple Moving Average (SMA) to determine trend direction. Price > 50 SMA : Look for buy setups only. Price < 50 SMA : Look for sell setups only. The PET-D (Proprietary Tool)
Stop Loss Placement:
Wait for the Setup Bar: Look for a bar that closes in the upper 25% of its daily range (for longs) or lower 25% (for shorts).
The Signal: A signal bar must close in the bottom 25% of its range, showing that sellers are overwhelming the bounce.
Steve Primo’s Strategy #4 is a short-term momentum and pattern recognition method focused on identifying high-probability pullbacks, typically utilizing a 50-period SMA to determine trend direction. The strategy, often paired with the PET-D indicator for confirmation, focuses on entering trades one tick above or below the setup bar, according to rules outlined in the Pro Trader Strategies course. For the full strategy documentation and video modules, visit Pro Trader Strategies. UCS_S_Steve Primo - Strategy 4 - TradingView
Position Sizing: Commonly recommended at a 2% risk per trade. Where to Find More Details
The Buy/Sell Line: Uses a 50-period Simple Moving Average (SMA) to determine the trend. Long only if price is above the 50 SMA. Short only if price is below the 50 SMA. steve primo strategy 4 pdf
Traders often search for the Steve Primo Strategy #4 PDF to access specific checklists, such as:
: Uses a 50-period Simple Moving Average (SMA) to determine trend direction. Price > 50 SMA : Look for buy setups only. Price < 50 SMA : Look for sell setups only. The PET-D (Proprietary Tool) Steve Primo’s Strategy #4 is a short-term momentum
Stop Loss Placement:
Wait for the Setup Bar: Look for a bar that closes in the upper 25% of its daily range (for longs) or lower 25% (for shorts). Selling Calls on an Uptrend: Strategy 4 is
The Signal: A signal bar must close in the bottom 25% of its range, showing that sellers are overwhelming the bounce.