一根线统治一切 (OLTRTA) (One line to rule them all (OLTRTA))

Wanted to share this trading strategy for some time now, so lets do it now.

After reading several posts from veteran members Peter Crowns and CrucialPoint I've come to realization that Daily open line is the line to rule them all.

We look only for BUY setups if the price is above the Daily open line and SELL if the price is below the Daily open line.

But even if you are a monkey you know that you cannot just enter blindly BUY/SELL when price is above/below Daily open line. You need some extra confirmation/line/point.... What I use are the daily Pivot points.

So we BUY/SELL when price moves away from the Daily pivots and then comes back(retraces) to one of the Daily pivots and it bounces again in the direction of the Daily trend.

White bold line is daily open line, yellow is Daily PP, green/red are Daily Support/Resistance lines.



You can visual backtest as far as you like and if you have the eyes that are needed for this strategy you will spot this kind of setups every day. If you have read through till now then you know there is no magic arrow that will tell you when to enter or exit so don't even ask me when to enter and exit or about R:R, because this is based on PRICE ACTION. And you need hundreds to thousands of hours of price action and charts to understand how markets move.

All trolls will be removed from the thread, for those that have anything against this strategy, explain yourself, provide evidence whats wrong with it or you will be removed also.

To others who will use it in any way or implement it in their own way of trading, enjoy.

Indicators, setfiles, template:

For visual backtest:

And set All pivot points, displaying mode: Historical

Cheers.