A Manual Pre-Trade Checklist for Applying Trading Rules

Summary

The document describes a chart indicator for building a manual checklist of conditions to review before opening a trade. The trader defines each check to reflect their own strategy, then marks whether each condition is satisfied. The indicator is a decision aid rather than an automated signal generator, so the trader remains responsible for both setting the rules and evaluating them.

Its settings allow multiple instances on one chart through distinct tags, specify the default window position, and define up to twenty checklist items. The document offers no tested checklist, trading rules, performance data, or evidence that using the tool improves outcomes. Its practical value therefore depends on the quality and consistency of the user’s chosen checks and their willingness to follow them.

Key ideas

• The indicator presents user-defined checks before a trader opens a position.
• The trader must manually create the rules and mark each one as satisfied or not.
• Distinct tags allow multiple checklist instances on a chart.
• The settings include window placement and up to twenty configurable checks.
• The document supplies no evidence about trading performance or checklist effectiveness.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.