… can change your trading… for the much better.
Every signal (marked “2” above) is preceeded by a setup. (marked “1”). (But note: not every setup becomes a signal.) So, if you look at “2” above, some time ago, there must have been a setup message in the Setup column.
But now there isn’t. Why? Because that setup has evolved into a Signal. Which you can see in both the Remek! Market Scanner Pro’s Signal column (marked “2”), and also as an arrow on our 240min chart (marked “2”): it’s the same signal, it’s the same opportunity.If you chose to act on that signal (with your preferred level of automation, see our strategies), it makes sense to think, at least as a starting point, in 1R trades. Which is what is shown on the chart: entry (orange), stop (our planned risk, red) and target (green). (Our strategies, PRO STR, BT and BTX, allow you to devise masterful, self-adjusting, volatility-based trailing stops, if you choose to use them in your trade management.) If your target gets hit before your stop does, we have what we call a “1R winner”.
Note the upper left corner of our charts: that’s where we display messages to help you internalize our process and monitor events. Note that there is no Setup message on the 240m chart at the moment, and the reason is simple: the trade has triggered, and the setup has become a trigger (shown as a blue arrow).
The point being, you either have a setup or a trigger, one or the other: when the setup becomes a trigger, it’s not a setup any more, so the message disappears. Makes sense.
As an example, look at the weekly chart: we have a Long setup message. Why? Because we have a long setup on the weekly timeframe. (Makes sense.) If and when that setup triggers, we’ll get a trigger on this chart in the form of a blue arrow, and at that moment the green Long setup message will disappear.
Our charts and our workspace has been designed to help us focus on the process, whatever level of automation you use in your trading. (Remember: the difference between amateurs and professionals is that pros follow a verified process consistently. Also note: in trading, only the pros make consistent money.)You may note the daily chart, on which we are shown a Short setup. And that is correct (the math in our algo makes no mistakes). But it will probably never evolve into a trigger on the daily, given the structure of the weekly timeframe. (Remember: not every setup becomes a trigger.)
Trading is all about devising a factory-like profitable process, and this is exactly what our software (with its strategies, indicators and workspaces) and our educational materials help you with. For more details, dive into our Documentation, your best resource on your journey to become and stay a consistently profitable trader!
