This manual describes a price action trading system based on the RTS5Pattern-profi indicator. The system is optimized for trading the BTCUSD instrument and uses historical pattern recognition, predictive curves, support/resistance zones, and inside bars.
The user manually selects the start and end candles of a pattern. The indicator then finds historically similar situations and generates predictions (Predict, Predict1, Predict2). An aggregated prediction (AStat) is calculated from these. If the prediction matches current market context (S/R zones, inside bar), the indicator suggests a trade entry with calculated TP and SL levels.
The trade is closed upon reaching TP or SL. These values are automatically calculated based on historical behavior of the closest patterns.
M30 to H1 for entries. For analyzing support/resistance zones, additionally use H4.
RTS5Pattern-profi offers an efficient way to utilize historical similarity for predicting future price action. Combined with S/R zones, inside bars, and proper trade management, it can serve as part of a robust BTC trading system.