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:
- A turning point signal, which indicates a potential change in trend.
- A change in trend direction from short (red) to long (black).
Signal 1 – Change in trend turning point.
Marked with an arrow and a change in direction to black (upward arrow – long).
Unmarked with a visual change from red (short) to black (long).
Ways To Trade
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.
Examples of Trades
Turning Point Indicator System – Manual Discretionary System in action:
Indicator Setup Variables
Turning Point Indicator
Turning Point – TP Renko Bar
