ITurning Point System (NT7+NT8 ready)
Discretionary Manual Trading System
Simple 3 Point system
- Turning Point Renko Bar – Average / Mean Renko Bars – TPRenko
- Turning Point Trend Indicator – Shows potential Turning Points
- Turning Point Trend Indicator – Trend Following system that gets in late and out late but holds a position through long trades without getting out early
A trade is made when there are two (2) factors present in a particular order.
- There is a turning point signal which predicts a change in trend.
- There is a change in trend direction from short (red) to long (black).
Marked with an arrow and direction of change to black up arrow (long).
Unmarked with a visual change from red (short) to black ( long).
Ways To Trade
There a couple ways to trade this indicator.
Aggressive – enter first contract after the creation of the trend change up bar.
Enter the second contract after the true second signal with the change in trend from red (short) to black (red).
Conservative – wait for first Turning Point Bar changing direction and then enter when the trend line signal turns from red to black (long).
Sometimes – there is a major turning point and no Turning Point signal. Oh well – don’t take it. Wait for the signal
Examples of Trades
ITurning Point Indicator System – Manual Discretionary System