Hey Elpatxi22,

Thanks for the response and for your willingness to share your strategy with the group.

At first glance I can tell you that one of the first things that jumped out at me that I like here is that is seems you have a very well defined plan for each step of your system. I think this puts you a large step ahead of many traders who often only have a general plan for how they trade and then rely way too much on gut feel after that.

While I don't think a trader necessarily has to be completely systematic, I do feel that a trader who uses discretion should do so within a well defined plan if they expect to be successful.

One thing that I did not see there (and I may have just missed it as there were a couple of terms I am not familiar with) is the input for position sizing. Is there a standard position size traded with each signal here or is it modified based on certain parameters?

Secondly in order to truly comment on what I think about each of the steps here in more detail I would need to know your basic rational behind why you have chosen the inputs that you have for each step. If you are willing to share that I would be happy to comment in more detail as I am sure would others, and if not that's ok too.

Thanks again for your input here I think it is very interesting to see the wide variety of trading styles that our community members have, something that I think is great as it allows us all to learn from each others strengths.

Best Regards,
Dave

__________________
Disclaimer: Trading is risky and can result in substantial financial loss. As always my posts are simply one traders opinion and should not be taken as trading advice. I am not a financial adviser so everyone please do their own analysis and take responsibility for their own trades.