SELL SETUP IN DOWNTREND INDICATOR VERY RELIABLE TRADESTATION OR MULTICHARTS

Description

I ABSOLUTELY GUARANTEE  THAT THIS INDICATOR  ON THE BEST AUTOMATIC TOOLS MONEY CAN BUY FOR TIMING YOUR ENTRY.
WHAT I MEAN IS IT PICKS ENTRY POINTS WHERE RISK REWARD IS AS MUCH IN YOUR FAVOUR AS HUMANLY POSSIBLE( been testing  various versions for nearly 20 years)
THAT MEANS ONE CAN PUT A REASONABLE STOP BEHIND THIS INDICATOR. SAY 2-3 ATR'S TO START WITH. THERE IS YOUR 3 THOUSAND DOLLAR SYSTEM :)
iFor one thing it will take care your greed ( premature jumping into positions). One simple rule: no indicator signal - No entry will save big bucks $$$$$ (been there - done that)
BASICALLY IT DOES TWO THINGS FOR YOU:
1. IDENTIFIES WHEN POWERFUL ENOUGH TREND IS IN PLACE
2. HIGHLIGHTS POTENTIAL TRADING OPPORTUNITIES ON CORRECTIONS ( NOT TOO DEEP TO BREAK THE TREND)
HELPS WITH DISCIPLINE, SPEEDS UP SCREENING.
COULD BE USED AS A SCANNING METHODS
TRADE STATION OR MULTICHARTS
WHAT IT DOES NOT DO: IT DOES NOT
GUARANTEE
THAT TREND WILL CONTINUE. THAT IS THE JOB OF OTHER TOOLS AND YOU AS A TRADER. YOU CAN RELY ON THIS INDICATOR FOR ENTRIES
CONFIDENTLY
. BUT DO NOT AUTOMATE THE WHOLE PROCESS. THIS IS NOT A
SUBSTITUTE
FOR ANALYSIS.
TREND
IDENTIFICATION
COMPONENT
IS BASIC. IT IS YOUR JOB TO ASSESS THE
TREND
QUALITY AND PRICE STRUCTURE FOR
CONTINUATION
.
PLEASE NOTE : THIS IS NOT A MIRROR OF UPTREND INDICATOR LISTED. DOWN MOVES HAVE DIFFERENT DYNAMICS HENCE TOTALLY DIFFERENT APPROACH TO PROGRAMMING A SETUP
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ROMA115
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