xard777 wrote: Sat Apr 12, 2025 10:07 am
Step into the Xard Universe, where the charts light up your trading journey!
It’s the weekend, so I’ve switched to crypto trading on MT5.
Here’s my streamlined top-down layout in action.
This is a first draft (I will no doubt rewrite).
This setup is built around three key timeframes—1-hour (H1), 20-minute (M20), and 4-minute (M4)—for both ETHUSD and BTCUSD.
The H1 chart sets the stage with the overarching trend.
The M20 chart drills down to intermediate swings.
And last, the M4 chart sharpens the focus for precise entries and exits.
It’s a clear, intuitive roadmap that shows what’s happened and what’s coming next, making
Directional Play effortless.
Powered by my custom XU suite—including PANELFUSION2 for real-time metrics, DASH3 for market snapshots, and TRIANGLE MARKER for key patterns—this layout lets you navigate the crypto markets with confidence, whether chasing a bullish surge or a bearish drop.
Here’s how it works, step by step, with the key trigger elements that signal when to pull the trigger.
Step 1: Identify the Main Trend on H1 (The Big Picture)
Purpose: The H1 chart sets the foundation by revealing the main cycle’s direction—whether the market is in an uptrend or downtrend.
Key Trigger Element: "UP SQUARE & UP ARROW" or "DN SQUARE & DN ARROW" Labels
On the H1 chart, I look for the "UP SQUARE & UP ARROW" label (indicating an uptrend) or "DN SQUARE & DN ARROW" label (indicating a downtrend).
These labels, displayed in the bottom-left corner with a Crimson (down) or RoyalBlue (up) background and thick white text, are unmissable signals of the main cycle’s direction.
Example: In the screenshot, both ETHUSD and BTCUSD on H1 show "UP SQUARE & UP ARROW", confirming the main cycle is bullish.
Supporting Element: Marker 2 (Continuation Signal)
Marker 2, a larger marker from XU TRIANGLE MARKER 2.mq5, appears once per Arrow cycle (e.g., once per "UP ARROW" or "DN ARROW").
It denotes the continuation of the main trend and acts as my purchasing base level for the cycle. On H1, this marker is less frequent but critical for confirming the trend’s strength.
Example: On the H1 chart, a Marker 2 appears at a key level, reinforcing the bullish or bearish trend and marking a potential base for entries.
Step 2: Confirm the Intermediate Trend on M20 (The Swing Level)
Purpose: The M20 chart drills down to confirm the intermediate trend aligns with the H1 direction, identifying swings within the main cycle.
Key Trigger Element: "UP SQUARE & UP ARROW" or "DN SQUARE & DN ARROW" Labels
I check the M20 chart for the same directional labels as H1.
If H1 is "UP SQUARE & UP ARROW", I want M20 to align with the same bullish signal, confirming the intermediate trend supports the main cycle.
Example: In the screenshot, M20 for both ETHUSD and BTCUSD also shows "UP SQUARE & UP ARROW", aligning with the H1 bullish trend.
Supporting Element: Moving Average (MA) Breakouts
I watch for MA breakouts on M20 to confirm trend changes. When the MAs switch from an UP move to a DN move (or vice versa), it’s a noticeable signal to get in on a trade. The Main MA (Red/Green) line is the most prominent, but I also monitor secondary MAs for crossovers, which quantify my decision to pull the trigger.
Example: On the M20 chart, if the Main MA (Green) crosses above a secondary MA, it reinforces the bullish trend, signaling a potential continuation trade.
Step 3: Time Entries on M4 (The Pullback and Multi-Trade Level)
Purpose: The M4 chart is where I time my entries, looking for short-term pullbacks within the main trend and opportunities for multi-trades in the Arrow direction.
Key Trigger Element: "UP SQUARE & UP ARROW" or "DN SQUARE & DN ARROW" Labels
On M4, the labels indicate the short-term direction. If H1 and M20 show "UP SQUARE & UP ARROW" but M4 shows "DN SQUARE & DN ARROW", it signals a short-term pullback within the bullish trend—an ideal time to buy on the dip.
Example: In the screenshot, M4 for both ETHUSD and BTCUSD shows "DN SQUARE & DN ARROW", indicating a pullback within the H1/M20 bullish trend, presenting a buying opportunity.
Key Trigger Element: Marker 1 (Multi-Trade Levels)
Marker 1, a smaller marker from XU TRIANGLE MARKER 1.mq5, appears with most white line cycles (from ZZ2 LINE) within the main Arrow cycle. On M4, these frequent markers are essential for identifying multi-purchase trade levels in the current Arrow direction.
Example: On the M4 chart, multiple Marker 1 instances mark pullback levels during the short-term down move, offering several entry points to buy into the broader bullish trend.
Supporting Element: MA Breakouts on M4
I also watch for MA breakouts on M4 to confirm entry timing. When the MAs on M4 switch from a DN move to an UP move (in a bullish main trend), it’s a strong signal to enter a trade, especially if it aligns with a Marker 1.
Example: On the M4 chart, if the Main MA (Green) crosses above a secondary MA after a Marker 1 appears, it’s a clear signal to buy during the pullback.
Step 4: Monitor and Manage Trades with XU DASH4.mq5 and XU PANELFUSION2.mq5
Purpose: Use XU DASH4.mq5 and XU PANELFUSION2.mq5 to monitor market conditions and manage open trades.
Key Trigger Element: % Move and Triangles in XU DASH4.mq5
XU DASH4.mq5 displays a dashboard with price, % move, pips, HiLo, 20-day range, and a triangle column (▲ for up, ▼ for down). I use the % move and triangle to gauge the strength of the current move and confirm the trend direction.
Example: If ETHUSD shows a +2.5% move with an ▲ triangle, it supports the bullish trend on H1/M20, reinforcing my decision to hold or add to a buy position.
Supporting Element: OpenPips in XU PANELFUSION2.mq5
XU PANELFUSION2.mq5 provides real-time metrics like OpenPips, which I use to monitor profit/loss on open trades. This helps me decide when to take profits or adjust stops during multi-trades.
Example: If OpenPips on M4 shows a significant profit after a Marker 1 entry, I might take partial profits and let the rest run with the trend.
Step 5: Exit or Adjust Based on Reversal Signals
Purpose: Look for signs of a trend reversal to exit trades or adjust positions.
Key Trigger Element: MA Breakout Reversal
On M20 or H1, if the MAs switch from an UP move to a DN move (e.g., Main MA crosses below a secondary MA), it signals a potential trend reversal, prompting me to exit or tighten stops.
Example: On the M20 chart, if the Main MA (Red) crosses below a secondary MA, I might exit my buy positions or look for a short if H1 confirms the reversal.
Supporting Element: Marker 2 (New Cycle Base)
A new Marker 2 on H1 or M20 signals the start of a new Arrow cycle, which might indicate a reversal or continuation. If it’s a reversal (e.g., H1 switches to "DN SQUARE & DN ARROW"), I’ll exit my positions and reassess.
Example: On the H1 chart, a new Marker 2 appears with a "DN SQUARE & DN ARROW" label, signaling a potential end to the bullish cycle, prompting me to exit buys.
Key Trigger Elements Summary
"UP SQUARE & UP ARROW" or "DN SQUARE & DN ARROW" Labels:
Primary trend direction signals on H1, M20, and M4.
H1/M20 alignment sets the main cycle; M4 pullbacks offer entry opportunities.
Marker 2 (Continuation and Base Level):
Once per Arrow cycle, marks the continuation of the main trend and the purchasing base level (H1, M20).
Marker 1 (Multi-Trade Levels):
Appears with most white line cycles within the main Arrow cycle, marks multi-purchase trade levels (M4).
MA Breakouts:
Main MA (Red/Green) crossovers with secondary MAs on M20 and M4 confirm trend changes and entry/exit points.
% Move and Triangles in XU DASH4.mq5:
Quantify trend strength and direction for trade management.
OpenPips in XU PANELFUSION2.mq5:
Real-time profit/loss tracking for managing multi-trades.
Best,
Xard777