🎯 SetAndForget Strategy
A confluence-based systematic approach to high-probability trading with strict risk management and minimal daily intervention.
📊 Strategy Overview
SetAndForget is a confluence-driven strategy focused on identifying high-probability setups by aligning multiple timeframes and technical confluences. Once a trade is entered with a fixed stop loss, no adjustments are made; it runs to its target or stops out automatically.
1:2.5+
Min Risk/Reward Ratio
5–10 pips
Above/Below Last High/Low
📈 Trading Plan
Step 1: Read the Market
Find alignment across minimum 2 consecutive timeframes (Weekly, Daily, 4hr).
Step 2: Identify Areas of Interest (AOI)
- Place AOI (Area of Interest) on all consecutive handling timeframes
Step 3: Await Price Interaction
- Wait for price to reach your AOI
- Drop to lower timeframe (15min, 1hr, or 2hr)
- Look for a Shift of Structure (SOS) on the lower timeframe
Step 4: Confirm Entry
- Wait for an engulfing candle after the SOS (15min, 30min, 1hr, or 2hr)
- Optional: Wait for a retest of the SOS, then an engulfing candle after to avoid potential drawdowns
- Enter on the engulfing candle close (or after retest engulfing candle)
🎯 CONFLUENCES (The Key to High Probability)
Confluences are the foundation of this strategy. A higher confluence score = higher probability setup.
📌 Timeframe Sync (Baseline)
2 Timeframes MUST be in Sync = 20% Confluence
📊 WEEKLY CONFLUENCES
- At AOI/Rejected: 10%
- Touching EMA: 5%
- Support/Resistance Level: 10%
- Reaction from Previous Structure: 10%
- Round Psychological Level: 5%
- Pattern (Break/Retest, H&S): 10%
Max: 50%
📊 DAILY CONFLUENCES
- At AOI/Rejected: 10%
- Touching EMA: 5%
- Support/Resistance Level: 10%
- Reaction from Previous Structure: 10%
- Round Psychological Level: 5%
- Pattern (Break/Retest, H&S): 10%
Max: 50%
📊 4-HOUR CONFLUENCES
- At AOI/Rejected: 5%
- Touching EMA: 5%
- Support/Resistance Level: 10%
- Reaction from Previous Structure: 10%
- Round Psychological Level: 5%
- Pattern (Break/Retest, H&S): 10%
Max: 45%
📌 Total Possible Confluence Score: 115%+
A+ Setup = 100% or more (Highest probability trades)
B+ Setup = 90% (Very strong setup)
C+ Setup = 80% (Good setup)
D+ Setup = 70% (Minimum acceptable)
🚪 Entry Requirements (Lower Timeframe)
These MUST be present BEFORE entering a trade:
- Shift of Structure (SOS) on lower timeframe: 10% confluence
- Engulfing Candlestick: 10% confluence
- Valid on 15min, 30min, 1hr, or 2hr timeframes
- Optional: Wait for retest of SOS before engulfing for better entries
Total Entry Confluence: 20% (SOS 10% + Engulfing 10%)
📉 Exit Rules (Fixed & Automated)
Stop Loss (Non-Negotiable):
- Distance: 5–10 pips above/below the last high/low on the lower timeframe
- NEVER move stop loss to break-even once trade is open
- Stop loss NEVER changes once trade is entered
Profit Targets:
- Minimum target: 1:2.5 risk-to-reward ratio (required)
- Primary target: Based on structure and confluence levels
- Trade closes when target is hit OR stop loss is hit
🛡️ Risk Management & Position Sizing
Monthly Risk Allocation:
- Choose your monthly risk % at the beginning of the month (e.g., 2% per trade)
- ALL trades for that month MUST use the SAME risk percentage
- This keeps position sizing consistent and predictable
Position Sizing Formula:
Position Size = (Account Balance × Risk %) ÷ Stop Loss Distance (in pips)
Trading Windows:
- Take trades ONLY from Pre-London (MONDAY) through last trade THURSDAY before London close
- 0–2 trades per week (quality over quantity)
- No weekend trading
🕐 Trading Sessions & Timeframe Alignment
Session Considerations:
- Pre-London session starts at the beginning of the week (Sunday evening GMT)
- Best volatility and confluence alignment during London Open (08:00 GMT) and London-NY Overlap (13:30-17:00 GMT)
- Only THURSDAY can be the last trading day; stop trading after London close on Thursday
Timeframe Combinations:
Analyze on: Weekly → Daily → 4hr
Enter on: Lower timeframes (15min, 30min, 1hr, 2hr)
Minimum 2 consecutive timeframes must be in sync for entry consideration.
⚠️ Non-Negotiable Rules
- ✓ All trades MUST be the SAME % risk for the entire month
- ✓ Minimum risk to reward ratio MUST be 1:2.5
- ✓ Stop loss MUST be 5–10 pips above/below the last high/low (lower timeframe)
- ✓ Stop loss CAN NOT be altered or moved to break-even once the trade is OPEN
- ✓ 0–2 trades per week maximum
