How to trade Buy / Sell Signal using Trend Rider Indicator (TR Indicator)

TR (Trend Rider) Indicator is a proprietary buy / signal helps to capture the market trends Intraday or Positional.
Who can trade
1. Intraday Traders
2. Scalpers
3. Positional Traders

Intervals
Intraday / Scalping 1 Min, 3 Min, 5 Min Intervals
Positional 1 Hour, Daily

Parameters

Intraday Traders Default Value – 100/100
If you can identify the swing reversals, can trade them as well

Scalpers Default Value – 100/100 for the Trend Direction
Value – 5/5 for scalping trades in the direction of trend

Positional Trades Default Value – 100/100 – 1 Hour Interval
Value 20/20 – Daily Interval

Stop Loss

Buy Signal Use the first buy signal candle/bar low or previous low
Sell Signal Use the first sell signal candle/bar high or previous high
Scalping Buy Signal Swing Low
Scalping Sell Signal Swing High

Add positions
On a pullback or re-tracement (Stop remains the same)

Exit
Use part of the positions to cover the loss of the remaining positions and trail rest of the positions to get the full trend

Where to access the indicator - www.quantower.in

► Official website: https://www.quantower.in
► Help documentation or Knowledge Base: https://help.quantower.in/
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