The strategy focuses on incorporating Smart Money Concepts into trading by examining market structures and order blocks. Traders analyze the internal market structure to spot potential reversal points. For example, monitoring bullish and bearish order blocks helps anticipate market turns, while applying color-coded candle analysis visually assesses trends. Setting alerts for changes in order shifts captures vital market structure changes.
Another strategy involves implementing a Fair Value Gap strategy. Traders identify Fair Value Gaps by marking them on charts, for instance, with visual indicators like rectangles. This aids in making immediate trading decisions based on real-time analysis. Setting automated alerts further streamlines the process.
The last strategy emphasizes leveraging multi-timeframe and zone analysis. By highlighting daily, weekly, and monthly highs and lows, traders determine stronger market levels. Employing multi-timeframe analysis allows traders to find precise entry and exit points, while tracking zones with color coding aids quick identification, enhancing decision-making and refining strategies.
The strategies
⛳️ Strategy 1: Utilise Market Structures and Order Blocks
- Analyse internal market structure to identify potential reversal points
- Monitor Bullish and Bearish Order Blocks to anticipate market turns
- Focus on mitigation methods like High/Low for precise trade entries
- Set alerts for BOS and CHoCH to capture market structure shifts
- Incorporate historical analysis of swing structure to enhance predictions
- Use ATR as a volatility filter to detect significant order blocks
- Implement confluence filters to prioritize significant structure breakouts
- Utilise colour-coded candle analysis to assess current trends visually
- Apply sensitivity thresholds to detect pertinent equal highs and lows
- Conduct regular audits of past trades to refine order block strategies
⛳️ Strategy 2: Implement Fair Value Gap Strategy
- Identify Fair Value Gaps using defined thresholds and timeframes
- Utilise visual indicators like rectangles to mark these gaps on charts
- Set automated alerts for the formation of bullish and bearish gaps
- Apply a timeframe change filter to detect gaps with significant price shifts
- Use real-time analysis of Fair Value Gaps to inform immediate trading decisions
- Extend gap boxes to visualize long-term market trends
- Incorporate cumulative mean range as an alternative volatility measure
- Prioritize gaps in high-interest market periods for higher significance
- Backtest Fair Value Gap strategies to evaluate past market performance
- Integrate Fair Value Gaps into a broader strategic framework with additional indicators
⛳️ Strategy 3: Leverage Multi-Timeframe and Zone Analysis
- Utilise multi-timeframe analysis to find stronger market levels
- Highlight daily, weekly, and monthly highs and lows on charts
- Evaluate premium, discount, and equilibrium zones to identify entry and exit points
- Draw zones with distinct labels and colour coding for quick identification
- Avoid higher timeframe zones for more precise trading in lower timeframes
- Identify equilibrium points by calculating average highs and lows
- Track trailing extremities to maintain updated support and resistance levels
- Deploy different line styles to differentiate between timeframe zones
- Perform regular checks for confirmations from higher timeframes
- Study correlation between trailing swings and price movements for strategic refinements
Bringing accountability to your strategy
It's one thing to have a plan, it's another to stick to it. We hope that the examples above will help you get started with your own strategy, but we also know that it's easy to get lost in the day-to-day effort.
That's why we built Tability: to help you track your progress, keep your team aligned, and make sure you're always moving in the right direction.
Give it a try and see how it can help you bring accountability to your strategy.
