Welcome traders! If you’ve been following the Blueprint trading system, you’ll be excited to know that version 3 is now available.
In this update, we’ve incorporated some highly requested features and enhancements, designed to provide more precision and flexibility in your trading strategies.
Whether you’re a minute-by-minute day trader or a long-term swing trader, Blueprint v3 offers the tools you need to optimize your approach.
Key Features of Blueprint v3:
- Audible Alerts: One of the standout features in this update is the introduction of audible alerts. Several users requested this feature, and we’re happy to deliver. Now, you’ll receive real-time alerts that notify you when a significant event occurs in the market, allowing you to take action immediately without constantly monitoring the screen.
- Customizable Time Frames: We understand that not every trader operates on the same time frame. Blueprint v3 now allows you to customize your charts to fit your specific trading style. Whether you prefer daily, weekly, or minute charts, you can adjust the settings to suit your needs. This feature is particularly beneficial for swing traders who may operate on longer time frames but still want the precision of intraday data.
- Enhanced Swing Trading Capabilities: The new settings in Blueprint v3 have been fine-tuned for swing traders. You can now set your parameters to focus on breakout trades that occur closer to the shaded areas on your chart. By adjusting the breakout distance to 75% of the shaded area, you can capture trades that are more likely to be successful, minimizing the risk of false breakouts.
Optimizing Your Settings:
- Breakout Distance: The breakout distance is crucial for determining when to enter a trade. In Blueprint v3, it’s recommended to set the breakout distance to 75% of the shaded box. This ensures that when a breakout does occur, it is closer to the original trading zone, increasing the likelihood of a successful trade.
- Consecutive Bars: Another important setting is the number of consecutive bars required to confirm a breakout. For smaller time frames (like the 1-minute or 5-minute charts), setting this to 2 or 3 bars can help reduce false breakouts. However, on larger time frames (like daily or hourly charts), a setting of 1 bar may be more appropriate to avoid missing out on potential opportunities.
- Managing False Breakouts: False breakouts can be a trader’s worst nightmare. Blueprint v3’s improved settings allow you to minimize these by requiring more confirmation before entering a trade. This is particularly useful in volatile markets where false signals are more common.
Understanding the Roadmap Feature:
One of the questions we frequently receive is about the significance of the roadmap and why it stops plotting after certain conditions are met. The roadmap is designed to guide you through market movements by highlighting key zones.
Once the market breaks a significant zone, the roadmap stops plotting that zone and moves on to the next. This is because the system recognizes that the previous zone has been invalidated, and continuing to plot it would provide no value. Instead, it shifts focus to the next potential trading opportunity.
Conclusion:
Blueprint v3 is more than just an update; it’s a powerful tool designed to enhance your trading strategy, whether you’re day trading or swing trading. The new features and customizable settings allow for greater precision, helping you to identify and act on profitable trades more effectively.
If you haven’t updated yet, reach out to us via email, and we’ll get you set up with the latest version. Happy trading!
