Roadmap – Nutshell

Indicators:

- ADR (Default)
- Previous Daily Hi / Low
- Daily Open Line
- SMA200
- SMA200 Dashboard (MTF Dashboard v3)
- Trendstrength RSI-MTF (default) (For 5 min to Monthly charts)
- Note: For convenience use RoadMap Trend Band (It’s a Merge of SMA200 Dashboard and
Trendstrength RSI-MTF)
- EMA8 (High) (Upper Channel)
- EMA8 (Low) (Lower Channel)
- CompRSISelectv2 (15,60,0,0,500) (Levels: 55 (bullish), 45 (bearish)) (ONLY for 1 min charts)

Markets: Currencies, Commodities, Oil, Indices. LauraT Trades: Dow, Dax, S&P, FTSE, Oil, Gold, AU, EU,
EG, GU, UJ, UC. Mainly trade indices / oil on 1m timeframe and in general 5m/15m charts for forex.

Time Frames: Most used in lower TF (1,15,20,60), but works perfectly fine in larger ones (4h, D, W, M).

Risk Management:

- Risk 1% per Transaction, ALWAYS set the Emergency Stop.

1. Price must be in a clear trend, if it looks choppy (ranging) go to the next chart.
2. Price can NOT be “too far” from SMA200, if so, go to the next chart.
3. Look SMA200 to stablish bias. Channel above SMA200 = bullish, below = bearish.
4. Examine SMA200 Dashboard for the TF most relevant. For short TF pay attention to M1-M30, for
long TF H1-W1. You want at least 2 of your relevant timeframes to be green for longs or red for
shorts.
5. Consider Composite RSI figure, above 50 = bullish, below = 50 bearish. Preferably Above 60 or
below 40 to indicate strong bias. It uses the information of 4H, D and W. If you are scalping 1M
DO NOT use it, because is not relevant for such short positions.
6. For 1min (INDICES / OIL) look CompRSISelectv2, above 55 = bullish, below 45 = bearish.
7. Draw significant Support / Resistances (Look Left):
1. Zoom out as far as your platform allows. Then manually add horizontal lines at the
untested high and low.
2. Zoom in once and do the same thing again. The untested high and low from your
current viewpoint.
3. Zoom in once more and do the same again.
8. Draw UNBROKEN Trendlines:
1. Zoom out fully.
2. Draw unbroken trendlines.
9. Draw RECENT Trendlines (see examples below), they will help you to:
1. Determine Momentum
2. Stopping you from entering a trade that may shift momentum if its near touching a valid
trend line in the opposite direction.
10. Consult the Economic Calendar, to beware of red news.
11. Types of Entries:
Basic (Disaster Stops Applies):
1. Channel Cross - When the EMA channel fully crosses to the other side of the SMA.
2. Channel Failure - When the EMA channel gets partially across the SMA but then returns
to the previous side.
3. Channel Approach to SMA – See Example C (Entries)
Advanced (Tight Stops Applies):
4. ADR Failures - When the EMA channel gets partially across the ADR line but then returns
to the previous side. Look for RSI to be in line with the reversal.
5. Previous Day High/Low Failures - When the EMA channel gets partially across the
high/low line but then returns to the previous side. Look for RSI to be in line with the
reversal.
6. ADR Counters - When an instrument has completed the Average Daily Range, I consider
entering to capture a reversion to center ground. Look for RSI to be in line with the
reversal
7. Previous Day High/Low Counters - When an instrument has reached the high or low of
the previous trading day, I consider entering to capture a reversal. Look for RSI to be in
line with the reversal
 12. Logical Points for Take Profit for Full (single entry) or partial close (multi-entry):
1. Previous Day Open / High / Low
2. ADR (Relevant AFTER its locked) (More relevant for Currencies, not so much for Indices /
Oil / Gold)
3. SMA200
4. Trend Line / Speedline
5. Mayor Support / Resistance
13. The exact Stop Loss can NOT be defined in advance, hence the use of a disaster stop (See
example). When Scalping Lower TF, trades are usually going to be closed manually (when proved
wrong). Usually you are proven wrong if the channel crosses back the SMA200 or if a
trendline/speedline is broken. Laura’s Note: what we definitely don't want to do is to fall into
the normal trader trap of placing it just beyond S/R because that's what every man and his dog
does, and it's why their stops get hunted.

Trade Management Rules:

- For better results when scalping, the trades must be actively managed.
- Always have an Emergency Stop Loss! Far enough from price action to avoid interrupting the
trade. Remember Risk Management (1% por lot).
- The trade can be taken as single entry or multi-entry. Adjust position size accordingly.
- The multi-entry allows to take partial profits at a set target and let the other position run.
- NEVER add to a position when you are already in a trade, it must be planned in advance.
- The position can be closed manually for a loss if the market has proven the trade wrong.
- If you are in a trade IN PROFIT, and the price close in the opposite side of the channel (outside),
it could mean a reversion, or a deep retracement. It’s a good idea to Take Profit or Scale Out
before momentum shift. Point being, stay nimble and don't sit passively waiting for the market
to either hit your TP or SL. Actively manage each trade and take what the market offers, not
what you hope it will.

Other Notes:
- Once an instrument has completed ADR, the opportunities are going to be more limited. There
will be occasions where it is trending so strongly (usually based on fundamental/news factors)
that it can keep going for a while, but that's the exception rather than the norm.
- Just as reference LauraT takes roughly 20 trades per day with approximately 15 profitable. It
varies from week to week, but that is likely a fair idea of the average. Do NOT put pressure on
yourself to approximate this numbers / win rate, she has been trading this way for years.
Entries Examples:
A.

B.
C.

Entries Example:
Entry Example:

First Orange = ADR Counter | Second Orange= ADR Failure in progress.

Multi Bullet Example:

Trendlines Examples:

Potential TP1 and TP2 Targets: