TIMEFRAME COMBINATION

External Structure Internal Structure

Our plan is based on combining timeframes,

allowing us to build a story from the HTF to the LTF.
The primary point to comprehend is that a minimum of
two timeframes is required, that is the external
structure and internal structure.
The External Structure is utilized to identify key levels Inducement Liquidity
and Area of Interests.
The Internal Structure is utilized to identify setup
criteria and entry candles.
Typically, we refine the internal structure into the
external structure with the aim of improving our risk-
to-reward ratio.
External Structure - Internal Structure
M-W/D
W - D / H4
D - H4 / H1
H4 - H1 / M15 / M5
H1 - M15 / M5
M15 - M5 / M1
M5 - M1

Transactional Liquidity

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 Liquidity Cycle
Our main focus of analysis is the Liquidity Cycle, which
enables us to reach a level of comprehension regarding the
algorithm concerning both price behaviour and price
delivery.
Effic
Algorithmic trading recognizes the impossibility of knowing ient
Pric
e Ac
the market's future trajectory with absolute certainty, tion
Inducement Liquidity
which is why we approach trading without any bias.
Our approach involves responding only when a significant
/ key level is reached, and we actively seek out specific Structural Liquidity

patterns characterized by price behaviour around this level

and subsequent price delivery away from it.
KEY LEVELS - How to identify them.

In a recent range from buying to selling, the highest point

will be recognized as Inducement Liquidity.
Within a recent range spanning from buying to selling, the
lowest point will be acknowledged as transactional
liquidity.
Structural Liquidity can be observed within the recent
buy to sell range, spanning between the highest and
lowest points. Transactional Liquidity
Efficient Price Action involves looking at the mitigation of
price ranges, but our primary focus lies on analysing the
recent range and the one preceding it most of the time.

N.B The opposite is truth for a range spanning from selling to

buying

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 MSU Type 1
External Structure Internal Structure External Structure Internal Structure

Notes
Before executing this setup, the initial
step involves identifying the key level.
Following price movement around the
key level, we expect to observe a
corresponding setup in terms of price
delivery.
MSU type 1 is a continuation setup.

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 MSU Type 1
Chart Example
Bearish Example Bullish Example

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 MSU Type 2
External Structure Internal Structure External Structure Internal Structure

Notes
Before executing this setup, the initial
step involves identifying the key level.
Following the price movement towards
the key level, we expect the setup to
manifest in its delivery.
MSU type 2 is a reversal setup.

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 MSU Type 2
Chart Example
Bearish Example Bullish Example

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 MSU Type 3
External Structure Internal Structure External Structure Internal Structure

Notes
Before executing this setup, the initial
step involves identifying the key level.
Anticipating the price's trajectory
reaching the critical level, we foresee
the setup materializing as intended.
MSU type 3 is continuation.
The chances of success for this setup
are typically high when it is bolstered
by efficient price action.

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 MSU Type 3
Chart Example
Bearish Example Bullish Example

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 EPA + DP + TOM
External Structure Internal Structure External Structure Internal Structure

Notes
Before executing this setup, the initial
step involves identifying the key level.
Following the price movement towards
the key level, we expect the setup to
manifest in its delivery.
MSU type 1 is continuation.

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 EPA + DP + TOM
Chart Example
Bearish Example Bullish Example

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 MSU TYPE 1 + DP + TOM
External Structure Internal Structure External Structure Internal Structure

Notes
Before executing this setup, the initial
step involves identifying the key level.
MSU type 1 is continuation.

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 MSU TYPE 1 + DP + TOM
Chart Example
Bearish Example Bullish Example

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 MSU TYPE 2 + DP + TOM
External Structure Internal Structure External Structure Internal Structure

Notes
Before executing this setup, the initial
step involves identifying the key level.
MSU type 1 is continuation.

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 Visual Checklist
Step 1 Step 2 Step 3
External Structure Internal Structure Internal Structure

Notes
If the stop loss isn't optimal or if you
wish to raise the risk-to-reward ratio,
begin with the initial internal
structure's first step of the visual
checklist.
By comprehending the combination of
timeframes, you can rely on the
internal structure as the external
structure of the lower timeframe.

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Instrument : Trading Journal
Step 1 Step 2 Step 3
Recognize a crucial / key level Analyze patterns around key Determine the confirmation
within the external structure level, observe price delivery. signal for your entry.

Inducement Liquidity(ilq) MSU Type 1 Sweep of high,sweep of low

Structural Liquidity(slq) MSU Type 2 Engulfing Candle

Decisional Structural Liquidity(slq) MSU Type 3 Direct Pullback + 50% of the range

Transactional Liquidity(tlq) EPA + DP + TOM / EPA + DP

EPA + DP + TOM MSU Type 1 + DP

EPA + DP (momentum validity) MSU Type 2 + DP

External Timeframe :
Internal Timeframe :
Win/Loss :
Risk To Reward Ratio:

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