CHARLES COTTLE – RD1 and RD2 – INTRODUCTORY & INTERMEDIATE OPTIONS TRADING THE RISK DOCTOR WAY

CHARLES COTTLE – RD1 & RD2 – INTRODUCTION & INTERMEDIATE OPTIONS TRADING THE RISKDOCTOR WAY

This item includes two options trading videos from risk doctor:

RD1 – Introduction to Options Trading the RiskDoctor Way

Join options strategist, Charles Cottle, for this introduction to options training, the RiskDoctor way.

This Webinar Series contains 7 hours of options trading training through Chapter One of Charles’ book: “Options Trading: The Hidden Reality”

You’ll also receive other important insights into valuable options trading strategies such as position adjustments and the introduction to Position Dissection.

RD2 – Intermediate Course to Options Trading the RiskDoctor Way

Join options strategist, Charles Cottle, for this introduction to options training, the RiskDoctor way.

RD2 is the definitive options trading class for aspiring and even seasoned options strategists. Over 15 hours of options trading training videos and audio files featuring Charles Cottle, the RiskDoctor, leading a live audience through chapters 2 through 9 of his masterful book: “Options Trading: The Hidden Reality”

You’ll also receive other valuable insights into important options trading strategies such as position adjustments and the introduction to Position Dissection.

This series is included in the OTTHR Companion Package for the best value. I provide a roadmap for the beginning or intermediate options trader.

Metatrader 4 Indicators:
TREND STRENGTH INDICATOR (TSI)
It's an indicator that shows the strength of the trend. If Bullish (blue) is over 50, it means the uptrend is stronger than the downtrend. The higher the number, the stronger the trend. If Bearish (red) is over 50, it means the downtrend is stronger than the uptrend. The TSI indicator will ultimately determine the direction in which we trade.

If it's showing a Bullish trend, we will be looking to enter the market with Buy trades. On the other hand, if it's showing a Bearish trend, we will be looking to enter the market with Sell trades.

ML INDICATOR
This indicator is on the chart and will display a blue line below the candles for the uptrend and a red line above the candles for the downtrend.If the ML Indicator is showing the blue line below the candles, we will be only looking for buy trades, while if it's showing the red line above the candle we will be looking only for sell trades.

Histogram dots
In order to get a valid buy or sell signal, both the Histogram and Dots have to be in alignment.

For buy trades: Histogram must be blue and above the Zero Line (dots) Dot must be green
For Sell trades: Histogram must be orange and below the Zero Line (dots)Dot must be white

Trading rules FX Profit Wave Strategy Buy
1. TSI  above 50.
2. ML Indicator blue and below the candles.
3. Histodot must be blue and > 0 level.
4. Histodot must have a green dot drawn.
5. After all the conditions have been met, enter the trade at the close of the signal candle.
6. Set your Stop Loss a few pips below the most recent Swing Low.
7. Set your Take Profit twice the distance away from the entry-level as your Stop

Loss or greater. I recommend a minimum of a 1:2 Risk/Reward Ratio or greater.
On the following page, you can see an example of a Buy trade as per the rules of the system.