The TSTW 24 was built for day traders of all levels. It is the simplest day trading system in my opinion.
It is a momentum day trading system because of the momentum indicators that it uses. Talking about the new thing; that may not be applicable to more experienced day traders who always use the trading volume. So the new thing that I am barking about is the trading volume.
That is why I said that one can use any higher time frame setup with the TSTW 24 first best time frame.
I did not want to confuse a beginner day trader with the trading volume indicator. That is why I have not make it one of the first component of the TSTW 24 day trading system.
To help new traders in that regard, I stress on the fact that a TSTW 24 day trader must only trade financial instruments that move or are more liquid such as major indices, Forex but mainly major currency pairs that are friendlier, blue chip stocks, ETF and any financial instrument that has a momentum.
Indeed, the last thing a day trader wants is to take a genuine trade without a sustainable momentum. So we want traders to stay away from illiquid instruments. I mean useless and unfriendly instruments that are always ending in losses. Just stay away from them.
I recommend to all TSTW 24 day traders traders to steadily learn to master the trading volume.
Yes, one can use the TSTW 24 day trading system as a beginner or experienced day trader who has not yet mastered the trading volume. Nevertheless, the time will come when one wants to also take part in the trading volume setups. I did the same thing as a beginner day trader by gradually learning to use the trading volume flawlessly both as a day and swing trader.
Allow me to say that a technical trader must master the trading volume. I will not sugar-coat that one. Sorry guys.