Again, if you haven’t demo traded the strategy, why would you go live with it? If you have demo traded it, you’ll already know the answer to your question. I’m certainly not going to advise on lot sizes needed to avoid margin calls!
in case of bad move, what’s my stop loss?
I think I explained where it was logical to place stops in the manual. For pullback entries, its just below the recent swing low upon which you entered (if in an uptrend) or swing high (for a downtrend). For other entries, its a tight stop with a move to cover breakeven as soon as possible.
othwer two question from your manual, could you explain this rule:
“End of Bar: This little gem is essential in my view, whatever strategy you follow. Simply its a countdown until the current candle ends. I prefer to enter close to the end of the current candle, rather than taking a risk early in its life or mid-stream.”
As a general principle for any trading strategy I believe its good to enter either right at the end of a candle’s life or very early in a new candle’s. This indicator merely tells you how long before a new candle is created.
“Stochastic Rainbow: In conjunction with the ATR channels, this is used to identify points at which to take profit”
in this case you intend point where enter or exit a trade?
and then, extreme high ATR channels will identify an exit or enter trade? in some chart of your manual if trend (red line) was going up you have entered buy trade in middle line (pink line) but often in extreme ATR channel. But main rule was price always came back to middle, so i make some confusion.
Extreme high ATR channel + extreme high Stochastic, or extreme low ATR channel + extreme low Stochastic - both of these are clear exit points. I’m not sure where the confusion with entries comes from?
I’ve checked the entry points in the manual, specifically pullback entries which is what you seem to be referring to, and to me they make sense. They all happen to be uptrends in the examples I showed, and in none of the entry points was the stochastic overbought. All of them showed the price around the middle of the ATR channels, not at extremes. So I’m sorry but I’m not sure what you’re asking here - perhaps you could illustrate with a chart?