πŸ“–Trade Setups

Three robust trade setups to help you trade with an edge

Overview

  • Three robust trade setups [Transition, Momentum, and Phase Shift] are available on all timeframes to help you identify winning trade opportunities, time trade entries and exits, and crush the market.

  • Play both sides of the market with real-time long and short signals generated from each trade setup.

  • When you subscribe to the E5 Trading indicator suite, you will receive VIP access to the E5 Trading, where LONG | SHORT signals from these three [3] trade setups stream in real-time into dedicated channels for each of five [5] popular timeframes, including Daily, 4-hour, 1-hour, 15-minute, and 5-minute.

  • Used as a market screener, our real-time streaming trade signals will help you cut through the noise and quickly identify trade opportunities.

  • Currently, signals for these trade setups are available in the E5 Trading Discordarrow-up-right for the top 28 cryptocurrencies by market cap on Binance.com.

Setups

Select from one [1] of three [3] trade setups for LONG and SHORT signals:

  1. Transition [Default]

  2. Momentum

  3. Phase Shift

All trade setups work on all timeframes.

Menu: Trade Setups Drop-Down
  • Several factors impact the consistent accuracy of algorithm-based setups over a long duration. Examples include volatile global markets, liquidity, and an evolving mix of retail and institutional participants in a specific asset.

  • Therefore, traders must have various trade setup options and signals available to help them identify confluence.

  • Traders should evaluate the accuracy of each trade setup under existing market conditions and select the best one.

  • [A] Use the color selector boxes to change LONG and SHORT label colors.

Menu: Long | Short Color Selector
  • Trade setup signals are just one feature to consider as part of a discretionary trading system. They can be used as an effective market screener to help the trader quickly narrow the playing field of tradeable assets based on current market conditions.

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Traders should seek confluence among several indicator suite features before entering or exiting a trade.

Example 1: Trade Setups

Example 2: Trade Setups

Trade Setups; click image to enlarge

Color Candles per Setup

  • Toggle [Color Trend Candles per Setup] to change candle coloring based on LONG and SHORT signals generated by Trade Setups.

Menu: Color Trend Candles per Setup
  • All candles after a LONG signal plot with Bull candle coloring until a SHORT signal generates.

  • All candles after a SHORT signal plot with Bear candle coloring until a LONG Signal generates.

  • Enabling this feature allows the trader to observe and interpret the price trends of the asset more easily.

Example 3: Color Trend Candles per Setup

Color Candles per Setup; click image to enlarge

Squeeze Filter

  • The Squeeze Filter eliminates all trade setups inside a low-volatility squeeze where trade setup signals are typically less reliable and where the future trend can be more challenging to determine.

  • This feature helps traders avoid potentially noisy signals and focus on Squeeze Early Entry, Squeeze Breakout, and Squeeze Breakout Reversal signals generated by the [E5 Trading] Squeezes and Breakouts indicator.

  • Disciplined traders who play squeeze breakout and squeeze breakout reversals price action can perform exceptionally well as long as good risk management is practiced [i.e., responsible position-sizing and use of stop-loss on every trade].

  • [C] Toggle Squeeze Filter [On] to eliminate all trade setups inside a low-volatility squeeze.

Menu: Trade Setups Squeeze Filter

Example 4: Squeeze Filter

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