The ART of Trading by Bennett A. McDowell & McMillan Lawrence G

Author:Bennett A. McDowell & McMillan, Lawrence G.
Language: eng
Format: epub
Publisher: Wiley
Published: 2010-12-22T16:00:00+00:00

ART 1B RULES

Bullish ART 1B Rules

• The signal price bar is identified by a green icon below the signal price bar on the chart.

• Go long on the next bar if prices go one tick above this ART One-Bar Reversal signal price bar.

• Set your initial stop loss one tick below the bullish ART One-Bar Reversal signal price bar.

• Signal is voided if prices on the next bars go below the ART One-Bar Reversal signal bar before going above it.

Bearish ART 1B Rules

• The ART One-Bar Reversal signal price bar is identified by a red icon above the signal price bar on the chart.

• Go short on the next bar if prices go one-tick below this ART One-Bar Reversal signal price bar.

• Set your initial stop loss one tick above the high of the bearish ART One-Bar Reversal signal price bar.

• Signal is voided if prices on the next bars go above the ART One-Bar Reversal signal bar before going below it.

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