Here is the main rules and far as setup and signals.
Based on SPX
Entry After Wm AND/OR RSI come out of OS/OB cross line.
BOTH need to be in standard green zone. (between os/ob lines)
MACD and Slope in direction of trade(MACD doesnt have to xo 0)
No entry EOD,
Indicators on upper part or chart.
Once I get signal then wait until :06 and see if SPY crosses tip of signal candle. This can get subjective because if Im home i switch to 3min chart and go from there. Depending on situation I can trade signal candle close,tip of candle, or mostly I add tip of candle +20ticks on SPY.
Understand its sorta complicated, track SPX, use SPY for entry, but trade TNA.
This is not a system that can be automated. I also look at VIX, phase 60 stance and slope of line, and outside influences(FED,end of month,etc)
stops 2% and 3%for target system and then move up when possible.
I usually trade 1 posistion that takes target at 3% gain.
Other posistion will wait for opposite entry or move out of BB20 bands and then put stop at BBCL xo tip of candle
