Minimizes emotional decision-making through clear visual triggers. The Required Indicators
: Some traders recommend not holding the position for more than unless another setup triggers. 📄 Accessing the Rules (PDF & Software)
: The strategy centers on identifying a specific "setup bar." Once identified, a buy order is typically placed one tick above the high of this bar (for long positions). steve primo strategy 4 pdf
: Add-ons are available through official channels for platforms including MetaTrader 4, NinjaTrader, and Thinkorswim. Steven Primo's Strategy #4 Trading Lesson Of The Week
This acts as the ultimate trend filter. It tells you whether you are allowed to buy or sell. : Add-ons are available through official channels for
For a complete breakdown of Strategy #4 specifically, the that accompanies the MetaStock add-on is the definitive resource. It covers:
One of the most powerful additions to Strategy 4 is the , a proprietary tool that works on a tick‑by‑tick basis to flag short‑term trend shifts before they become obvious to the general public. When combined with Strategy 4, the PET‑D forms what Steve Primo calls the "Dynamic Duo." This combination is designed to solve two of the biggest hurdles traders face: entering a trend too late, and lacking the discipline to stay in a winning trade. By replacing "gut feelings" with objective, color‑coded precision, the Dynamic Duo gives traders clear visual cues—green bars for buy, red bars for sell. For a complete breakdown of Strategy #4 specifically,
Strategy 4 can be applied to any time frame, from 5-minute intraday charts to weekly bars for long-term investing. Here is how a standard long setup unfolds: The Long Setup (Buy Rules)
Unlike strategies that try to guess the top or bottom of a market, Strategy 4 is focused on entering the market after a trend has already been established, making it a lower-risk approach. Key Characteristics of Strategy 4