The Trending Market Toolkit focuses exclusively on trending market structures and high-confluence, high-risk-to-reward entry models. It is designed to complement discretionary trading by offering different entry strategies based on market structure.

Usage

In the chart above we can see how the tool detects several reversals, draws the broken trendlines, the reversal areas from which the tool starts looking for a trigger, and when it finally happens, a potential trade with risk and reward areas and the risk/reward ratio.

Detection Mode

Traders can choose between three different modes: trend only, reversal only, or both.

If both are active, reversals have priority over trends, so the tool will not detect a trend if a reversal is active.

In the chart above we can see all three modes.

Detection on Higher Timeframes

Traders can choose to identify structures on the chart timeframe or on a higher timeframe.

In the chart above, we have the SP500 futures on the 5m timeframe with different settings: chart timeframe, 30m, and 1H.

Risk And Targets

Depending on whether the high-risk/reward parameter is enabled, traders can choose between three different targets and two different stops.

The chart above shows how different choices affect the risk/reward ratio for the same potential trade on the Gold Futures 2m chart.

Settings

• Show: Traders can choose between Trends, Reversals or Both.

Structures

• Swing Length: Number of candles to confirm a swing high or swing low. A higher number detects larger swings.
• Custom Timeframe: Traders can make use of the current chart timeframe, or choose a custom timeframe.
• Reversal Area Threshold: A higher number increases the reversal area.

Trades

• Trade Trigger Length: Number of candles to confirm an internal high or internal low. A lower number detects smaller swings. It must be the same size or smaller than the swing length.
• Target: Traders can choose between the default target (0) or two extended targets (0.27 or 0.618).
• Risk to Reward Threshold: Set the minimum risk-to-reward ratio to detect trades. Use the 0 value to detect all trades.
• High Risk to Reward: Enable/Disable the high risk to reward mode.