✨ P2P INDi [PRO] ✨ TUTORIAL ✨1. Go to the 1D time frame
2. Open chart drop down menu and select Point and Figure*
*Point & Figure below the 1D time frame is ONLY available to TradingView members that are subscribed to the Pro plan and above
3. Click on the SETTINGS wheel on the P2P INDi
4. Locate the DEFAULTS drop-down menu and select RESET SETTINGS
5. Click the INPUT tab
5. PIVOT PRICES
(a) Identify price(s) nearest the Pivot High (PH) and the Pivot Low (PL)
(b) Place those coordinates in the corresponding input box
(c) Click OK (at the bottom right)
6. On the Tool Panel (to the left), identify Magnet Mode and turn it on (weak or strong)
7. PIVOT PLACEMENT
(a) Drag the Pivot High line of P2P INDi and snap it on the corresponding X
(b) Do the same for the Pivot Low line and snap it on the corresponding O
8. ANNOTATING TREND
(a) Identify the trend shown on the Heads Up Display (top right-hand corner)
(b) If the DOWNTREND (red) is displayed, remove all three Buy Order TPs
(c) If the UPTREND (green) is displayed, remove all three Sell Order TPs
9. SET YOUR POSITIONS
(a) Place Buy and/or Sell Orders at 2%-3% or less of your Net Asset Value (NAV)
(b) If shaving, take 25% profit at the first two Take Profit (TP) prices.
(c) Stop Losses should be equal to or beyond the PH and PL lines
(d) If stop loss is greater than your risk tolerance:
— lower your position size or
— tighten your stop loss by bringing it closer to your entry
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