Turning Points Indicator

Discretionary Manual Trading System

Simple 3 Point system

• MeanRenko – Average / Mean Renko Bars
• Turning Points Indicator – Identifies potential Turning Points
• Turning Point Trend Indicator – Trend-following system that enters positions later but holds them through extended trades without premature exits

The system uses two main factors to generate a trade:

1. A turning point signal, which indicates a potential change in trend.
2. A change in trend direction from short (red) to long (black).

There are a few different ways to use the Turning Point Indicator System:

Aggressive Approach: Enter the first contract after the creation of the trend-change bar. Then, enter a second contract after the second confirmed signal with the trend change from red (short) to black (long).

Conservative Approach: Wait for the first Turning Point Bar to change direction and then enter when the trend line signal confirms the trend change from red to black (long).

Sometimes, a major turning point may occur without a clear Turning Point signal. In these cases, it’s better to wait for the signal confirmation before acting.

It’s essential to approach these signals with caution as not every trend change will result in a successful trade.

Turning Point Indicator System – Manual Discretionary System in action:

Indicator Setup Variables

Turning Point – TP Renko Bar