Trading System with RTS5Pattern-profi Indicator (version 9.55) for BTC
Introduction
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.
System Principle
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.
Trade Entry Conditions
BUY Entry
- AStat curve rises after the pattern.
- TP is located above the nearest S/R zone.
- A bullish inside bar is detected within the zone.
- The indicator displays a green label „BUY at:“.
SELL Entry
- AStat curve falls after the pattern.
- TP is located below the nearest S/R zone.
- A bearish inside bar is detected within the zone.
- The indicator displays a red label „SELL at:“.
Trade Exit
The trade is closed upon reaching TP or SL. These values are automatically calculated based on historical behavior of the closest patterns.
Indicator Settings
- PredictionLen: 20
- MSQErr: 0.35
- VolumeCalculate: false
- Plot: true
- SR: true
- IB: true
Entry Filtering
- Only trade if the weekday has statistically at least 5 pattern occurrences.
- Avoid patterns too close to the last trade.
Recommended Timeframe
M30 to D1 for entries. For analyzing support/resistance zones, additionally use H4.
Conclusion
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.