Price action setups: Easy automation to improve your trading consistency

In the recent NinjaTrader Ecosystem webinar “Easy Automation for Price Action Setups That Improve Your Trading Consistency,” trader, coach, and NaviTrader systems developer Steve Wheeler outlined how to improve trading consistency while simplifying your approach and avoiding chart “overkill.”

Wheeler discussed how to:

• Utilizing volume, momentum, and price analysis to determine market trends and potential reversals with ease
• Streamlining trading methods to capture significant market moves while minimizing risk
• Implementing real-time automated strategies that integrate supply and demand principles
• Offering practical tips to successfully pass funded trading evaluations
• Demonstrating the automation of price action setups for improved trading efficiency

Price action setups easily automated

Wheeler states: Accomplishing any goal requires a system. Your car is a system to get you from point A to point B, your body is a system that keeps you alive, and your trading requires a system to keep your trading capital alive and well.

He adds that as a trader, time is your most valuable asset. Shorten the amount of time it’s going to take you to achieve your trading goals, and you’ll increase your opportunity for success.

Wheeler shows how to quickly pinpoint market direction with a “less is more” approach to indicators. Automate your price action setups and get on a path to consistent trading that aligns with your business plan and goals.

Wheeler goes in depth on price action setups for easy automation in the full presentation. Watch a sample clip here:

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