📖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 Discord 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.

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

Example 1: Trade Setups

TradingView: Trade Setups; click image to enlarge

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

TradingView: Squeeze Filter applied to eliminate Long | Short signals inside a low-volatility squeeze; click image to enlarge