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MidpointGridLib
I’m using a layered Midpoint Grid across Monthly, Weekly, Daily, and 4H timeframes to pinpoint high-odds long entries on XRP/USD. Here’s my thought process:
Macro (Monthly) Bias:
Last closed monthly candle range: Low = $1.20, High = $3.00, with the mid-50% at $2.10.
Price currently above that mid-point, confirming a bullish longer-term bias.
Meso (Weekly) Value Zone:
Weekly range: Low = $2.25, High = $3.00, mid-50% at $2.62.
The 4H chart has already retested $2.62 twice with long lower wicks and bullish engulfers—this is our institutional “value grab” area.
Micro (Daily / 4H) Entry Trigger:
Daily range midpoint (50%) sits at $2.79. On 4H, a 2-bar CHoCH formed at $2.79, signalling a higher-low swing.
I’m watching for a 4H close back above $2.79 (Daily mid50) after any weak retest.
Stops & Targets:
Stop Loss: Just below the Daily 25% level at $2.61, giving 60 pips of room for noise.
First Take-Profit: Weekly high ($3.00) for a 15% gain.
Second Take-Profit: Monthly high ($3.00) → 1× range extension at $3.30 for +25%.
Risk Management & Scaling:
50% position at 4H mid50 ($2.79) on confirmation close.
Add remaining 50% on a retest of the Weekly mid50 ($2.62) if price dips back and holds.
Trail stop to breakeven once the first target is hit.
Thesis:
By aligning Monthly → Weekly → Daily midpoints, I’m entering only when price touches high-conviction “value” pivots. This multi-timeframe confluence filters out noise and lets me run with the prevailing up-trend while keeping risk tightly managed.
Macro (Monthly) Bias:
Last closed monthly candle range: Low = $1.20, High = $3.00, with the mid-50% at $2.10.
Price currently above that mid-point, confirming a bullish longer-term bias.
Meso (Weekly) Value Zone:
Weekly range: Low = $2.25, High = $3.00, mid-50% at $2.62.
The 4H chart has already retested $2.62 twice with long lower wicks and bullish engulfers—this is our institutional “value grab” area.
Micro (Daily / 4H) Entry Trigger:
Daily range midpoint (50%) sits at $2.79. On 4H, a 2-bar CHoCH formed at $2.79, signalling a higher-low swing.
I’m watching for a 4H close back above $2.79 (Daily mid50) after any weak retest.
Stops & Targets:
Stop Loss: Just below the Daily 25% level at $2.61, giving 60 pips of room for noise.
First Take-Profit: Weekly high ($3.00) for a 15% gain.
Second Take-Profit: Monthly high ($3.00) → 1× range extension at $3.30 for +25%.
Risk Management & Scaling:
50% position at 4H mid50 ($2.79) on confirmation close.
Add remaining 50% on a retest of the Weekly mid50 ($2.62) if price dips back and holds.
Trail stop to breakeven once the first target is hit.
Thesis:
By aligning Monthly → Weekly → Daily midpoints, I’m entering only when price touches high-conviction “value” pivots. This multi-timeframe confluence filters out noise and lets me run with the prevailing up-trend while keeping risk tightly managed.
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya dengan percuma dan tanpa had – ketahui lebih lanjut di sini.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya dengan percuma dan tanpa had – ketahui lebih lanjut di sini.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.