Are you still chasing the market instead of predicting its next move? Imagine having a strategy that signals the market’s next move in just 5 minutes. The combination of the Radius Trend Indicator and the Elliott Wave Oscillator (EWO) does exactly that — giving you powerful insights into market direction and entry signals for quick profits.

This simple but highly effective setup can boost your trading accuracy in the 5-minute timeframe. Let’s dive straight into how you can use this powerful indicator duo.

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Why Use Radius Trend + Elliott Wave Oscillator?

• Trend Clarity: Radius Trend provides clear directional signals.
• Market Timing: EWO accurately pinpoints market momentum shifts, confirming trend strength.
• Precision Entries: Clear buy and sell signals based on indicator agreement.

Ready to set this up on your charts?

How to Add the Indicators in TradingView:

1. Open your TradingView chart.
2. Select the 5-minute timeframe (best results seen on EUR/USD and similar assets).
3. Search for and add the Radius Trend Indicator:

• Type “Radius Trend” into the indicator search bar.

• Add the indicator to the default settings (no adjustments are needed).

4. Search for Elliott Wave Oscillator and add it to your chart.

• Keep default settings for best results.
• Optional: Enhance colors to be clearly visible for bullish (green) and bearish (red) bars.

Now you’re ready to spot profitable trades!

Trading Rules Explained Clearly:

You only need two conditions to be met for both the buy (long) and sell (short) trades. Simple, clear, and effective!

✅ Buy Conditions (Long Entry):

• Radius Trend clearly shows an uptrend.
• EWO is bullish (green bars above the zero line).
• A bullish candle confirms momentum upwards.

Entry & Exit:

• Entry: Enter at the close of the bullish confirmation candle.
• Stop-loss: Placed at the Radius Trend indicator’s lower support level (St level).
• Target: Risk-to-Reward Ratio of at least 1:2.

Example:

Radius Trend: 🟢 Uptrend

EWO: 🟢 Bullish bars

Candlestick: 🟢 Bullish candle
➡ Buy and watch your profits grow!

🔻 Sell Condition (Short Entry):

• Radius Trend Indicator: Clearly shows a downtrend.
• Candlestick Confirmation: The market forms a clear bearish candle.
• EWO Indicator: Bars are bearish (red, below zero line).

Action Steps:

• Place a Sell order immediately after the confirmation candle closes.
• Stop-loss set at Radius Trend upper resistance level (St level).
• Maintain a Risk-to-Reward Ratio of at least 1:2.

Example:

Radius Trend: 🔴 Downtrend

EWO: 🔴 Bearish bars

Candlestick: Bearish

Result: Quick, profitable entry hitting target smoothly.

Quick Summary (Key Takeaways):

Conclusion & Disclaimer:

Trading doesn’t have to be complicated to be profitable. With the Radius Trend and Elliott Wave Oscillator combo, you can quickly master short-term trading for consistent gains. But remember, backtesting and disciplined risk management are crucial.

Disclaimer: Trading involves significant risk. Always test the strategy thoroughly before applying it with real money. Past results do not guarantee future success.