Trading setup

Like most of you knows, every trader should find his own preferred trading setup. A trading is the sum of hardware and software configuration used by a trader to reach the highest possible control on the market.

Long term traders needs to minitor multiple markets, on multiple timeframe. High equity traders usually use up to 30 (!!) monitor desk to trade in the best shape:

If you are used to trade with long-term trading systems (an example would be the M5 Trend Following System) you will get only 1-2 good signals every week, so you'll also have to monitor much more markets to get a good number of possibility every week. Stock, option and futures trader usually do the same, trading on high timeframe and following 8-10 and even 30 charts at a time.

Scalpers doesn't need to fill their desk with a lot of monitors, but only two or three medium-size monitor (22-28") is enought.

I personally own only one huge 42" monitor, where I can set my whole setup.

The first chart above is the 1 tick chart with my favourite rainbow tamplate, that I use as main chart.

The others two charts are: On the left a 10 ticks chart and on the right a 1 minute chart. All the charts have the same template, but you can see I use a volume levels indicator in the 10 ticks chart to spot low volume levels, price ranges where price usually breakouts.

I still use two oscillators (a woody CCI trend indicator and a SMA oscillator), but I don't care much about it. They are good to see things in a clearer way, but they don't matter a lot.