In a nutshell, this is the basic strategy.
First you get the directional bias from your HTF and check which cycle of the master pattern it currently is, this will enhance the success probabilities.
In this example, the HTF was trending down. When the HTF got below value, then we would have checked our LTF looking for an entry opportunity when it got above value.
For a long position, just invert the logic.
After you become a master of the basic strategy, you can think about doing more advanced trades like trying to enter the trade while the HTF is above value. To do this more safely you use the same principle.
Using this same example, let´s say that the weekly timeframe had just entered below value trending down. You would be thinking about selling the 4H if that was your trading timeframe. So if you would sell the 4H, then trying to enter a sell above value on the 5min or 15min would have higher chances of working out while the 4H was above value.
TIP:
Using a heikin ashi type of candle in your higher timeframe will provide a very solid directional bias.
First you get the directional bias from your HTF and check which cycle of the master pattern it currently is, this will enhance the success probabilities.
In this example, the HTF was trending down. When the HTF got below value, then we would have checked our LTF looking for an entry opportunity when it got above value.
For a long position, just invert the logic.
After you become a master of the basic strategy, you can think about doing more advanced trades like trying to enter the trade while the HTF is above value. To do this more safely you use the same principle.
Using this same example, let´s say that the weekly timeframe had just entered below value trending down. You would be thinking about selling the 4H if that was your trading timeframe. So if you would sell the 4H, then trying to enter a sell above value on the 5min or 15min would have higher chances of working out while the 4H was above value.
TIP:
Using a heikin ashi type of candle in your higher timeframe will provide a very solid directional bias.