Martin Momentum Strategy Short Set up on AUDJPY 4H
Hello fellow Martin Traders,
I hope you saw this set up, if not you could still enter as its in its early stages, don't forget to set those alerts!!
MARTIN MOMENTUM STRATEGY
Short Trade Rules
- Red Stochastic background
- Green stochastic line below red above 50%
- At least two red bars on Trend Meter
- Price close below blue Momentum line
- Minor support is away from the entry
- Place stop loss at highest wick in 8 candles
- 1:1 RR trade to find TP
- Enter Trade
ONCE IN A TRADE - MANAGE SL
- Enter trade
- Move stop loss to 12.5% of TP once at 25% of TP
- Move stop loss to 25% of TP once at 50% of TP
- Move stop loss to 50% of TP once at 75% of TP
- Move stop loss to 75% of TP once at 100% TP
- Trade closes if 100% TP is hit
[*Optional but risky/aggressive to ignore.]
Get these 6 indicators for the Martin Momentum/Trendline Strategy
Auto Trendline
Support Resistance Zones
Momentum Lines
Trend Meter
Stochastic Trend
Drops Coming
Addon
Rise Coming
View the Full Martin Momentum and Trendline Strategy Tutorial:
I hope you saw this set up, if not you could still enter as its in its early stages, don't forget to set those alerts!!
MARTIN MOMENTUM STRATEGY
Short Trade Rules
- Red Stochastic background
- Green stochastic line below red above 50%
- At least two red bars on Trend Meter
- Price close below blue Momentum line
- Minor support is away from the entry
- Place stop loss at highest wick in 8 candles
- 1:1 RR trade to find TP
- Enter Trade
ONCE IN A TRADE - MANAGE SL
- Enter trade
- Move stop loss to 12.5% of TP once at 25% of TP
- Move stop loss to 25% of TP once at 50% of TP
- Move stop loss to 50% of TP once at 75% of TP
- Move stop loss to 75% of TP once at 100% TP
- Trade closes if 100% TP is hit
[*Optional but risky/aggressive to ignore.]
Get these 6 indicators for the Martin Momentum/Trendline Strategy
Auto Trendline
Support Resistance Zones
Momentum Lines
Trend Meter
Stochastic Trend
Drops Coming
Addon
Rise Coming
View the Full Martin Momentum and Trendline Strategy Tutorial:
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.