The "PDF" materials for Strategy #4 emphasize strict risk management. Because the entry occurs after a pullback, the risk is defined by the recent swing low/high.
However, if you want to learn the exact staking matrix: steve primo strategy 4 pdf
Steve Primo Strategy #4 is a short-term momentum and pullback trading method originally developed during his time as a specialist on the floor of the Pacific Stock Exchange. The "PDF" materials for Strategy #4 emphasize strict
For those looking to automate these rules, open-source scripts like the UCS Steve Primo Strategy 4 on TradingView can plot these signals directly onto charts. UCS_S_Steve Primo - Strategy 4 - TradingView For those looking to automate these rules, open-source
: 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)
Place a buy stop order 1-2 ticks above the high of the signal bar. For Short Setups (Sell)