Quick Start - Understanding Your First Event in 5 Minutes¶
⚠️ EDUCATIONAL GUIDE
This quick start guide is for educational purposes only. This is NOT investment or trading advice. All examples are hypothetical and illustrative.
The path from zero to first potential cycle event in 5 minutes. Pentarch v1.0 will be used - the simplest and most impactful indicator in the suite.
🎯 What You'll Learn¶
By the end of this guide:
- ✅ Install Pentarch on TradingView
- ✅ Understand the 5 event types
- ✅ Set up your first alert
- ✅ Know what each event means
| Time required: | 5 minutes |
| Difficulty: | Beginner-friendly |
Step 1: Install Pentarch (1 minute) Beginner Friendly¶
On TradingView:¶
- Open any chart (Bitcoin, stocks, forex - any market works)
- Click "Indicators" at the top of the chart
- Search for:
"Pentarch v1.0"or"Signal Pilot" - Click the indicator to add it to your chart
You'll now see: - 5-phase system labels (TD, IGN, WRN, CAP, BDN) appearing on the chart - Colored dots below/above candles when events appear
Step 2: Learn the 5 Events (2 minutes) Beginner Friendly¶
Pentarch displays 5 cycle events that appear when specific technical conditions are detected. Each event represents a different phase in the market cycle.
The Early-Cycle Events¶
🔵 TD (Touchdown) = Early Cycle Warning
What it detects: Early-cycle reversal conditions
Cycle phase: Accumulation - indicates potential cycle beginning
🟢 IGN (Ignition) = Momentum Confirmation
What it detects: Momentum breakout conditions
Cycle phase: Markup - indicates potential trend continuation
The Late-Cycle Events¶
🟡 WRN (Warning) = Weakening Momentum
What it detects: Weakening momentum conditions
Cycle phase: Distribution beginning - indicates potential trend weakening
🔴 CAP (Climax) = Late-Cycle Exhaustion
What it detects: Late-cycle exhaustion conditions
Cycle phase: Distribution - indicates potential cycle ending
⚫ BDN (Breakdown) = Bearish Breakdown
What it detects: Bearish breakdown conditions
Cycle phase: Markdown - indicates potential downtrend beginning
✅ Knowledge Check
Question: Which Pentarch events are considered "Early-Cycle"?
Step 3: Set Up Your First Alert (1 minute) Beginner Friendly¶
Set up an alert for the IGN event:
- Right-click the chart → "Add Alert"
- Condition: Select "Pentarch v1.0"
- Event: Choose
"IGN Event" - Options: Set "Once Per Bar Close" (important!)
- Name it: "Pentarch IGN Event"
- Click "Create"
Complete! You'll receive a notification when the IGN event is detected.
Commonly Monitored Events:¶
- ✅ IGN Event (early-cycle momentum confirmation)
- ✅ CAP Event (late-cycle exhaustion)
- ✅ BDN Event (bearish breakdown)
✅ Knowledge Check
Question: What is the most critical TradingView alert setting for Pentarch?
Step 4: Example Cycle Illustration (1 minute)¶
Example showing how Pentarch events appear during a market cycle:
Example: Bitcoin Cycle Scenario¶
Starting Conditions:
The Cycle:
- TD appears at $32,500 🔵 — Early-cycle conditions, accumulation beginning
- IGN fires at $33,800 🟢 — Momentum confirmed, markup phase begins
- WRN appears at $41,500 🟡 — Weakening momentum, distribution warning
- CAP fires at $42,800 🔴 — Exhaustion detected, distribution phase
Cycle Movement: Price moved from $32,500 to $42,800 during this cycle
📋 Quick Reference Cheat Sheet¶
| Event | Color | Cycle Phase | What It Detects |
|---|---|---|---|
| TD 🔵 | Blue | Accumulation | Early cycle warning conditions |
| IGN 🟢 | Green | Markup | Momentum confirmation conditions |
| WRN 🟡 | Yellow | Distribution warning | Weakening momentum conditions |
| CAP 🔴 | Red | Distribution | Late-cycle exhaustion conditions |
| BDN ⚫ | Black | Markdown | Bearish breakdown conditions |
🚫 Common Mistakes¶
Mistake #1: Misunderstanding TD (Blue Event)¶
❌ Misunderstanding: Treating TD as the primary event
✅ Correct Understanding: TD is an early cycle warning - it indicates accumulation phase conditions
Context: TD indicates early-cycle conditions are developing. IGN provides momentum confirmation.
Mistake #2: Not Using "Once Per Bar Close" for Alerts¶
⚠️ Important Setup Consideration
❌ Common Error: Alert fires mid-bar, event disappears after bar closes
✅ Correct Setup: Alert set to "Once Per Bar Close" - only confirmed events trigger notifications
How to configure correctly:
- Delete incorrectly configured alerts
- Create new ones with "Once Per Bar Close" setting
- Review the Alert Setup Guide
Mistake #3: Ignoring Key Levels¶
| ❌ Without context: | Evaluating events without level context |
| ✅ With context: | Evaluating events at key price levels |
Context matters:
- Events at key levels have more confluence
- Events without level confluence have less context
- Janus Atlas identifies key price levels
Example: - IGN at $50,000 (no level context) → Less confluence - IGN at major support $48,500 → More confluence
Mistake #4: Using Too Low Timeframe Initially¶
| Lower timeframes: | 5m or 15m charts - more noise, more events |
| Higher timeframes: | Daily or 4H charts - cleaner, clearer events |
Context: - Lower timeframes = more noise - More events = harder to learn pattern recognition - Higher timeframes = clearer event patterns
Common learning progression: 1. Daily chart (cleanest events) 2. 4H chart (clear events) 3. 1H chart (moderate) 4. 15m-30m (more experience needed)
Mistake #5: Emotional Decision Making¶
| ❌ Emotional: | Reacting to outcomes rather than analyzing patterns |
| ✅ Analytical: | Reviewing what occurred before continuing |
Context: - Emotional decisions affect analysis quality - Not all cycle events lead to expected outcomes - Clear mindset supports better pattern recognition
Mistake #7: Misunderstanding Indicator Limitations¶
❌ Incorrect: Expecting every event to lead to predicted outcomes ✅ Correct: Understanding that indicators detect conditions, not predict outcomes
Context: - No indicator predicts the future - Events indicate detected conditions, not guaranteed outcomes - Multiple factors affect market behavior
Mistake #8: Skipping Observation Phase¶
💡 Important for Learning
| Without observation: | Immediately applying without understanding patterns |
| With observation: | Observing event patterns for 2-4 weeks to build understanding |
Learning checklist:
- ☐ Observe 20+ historical event sequences
- ☐ Document patterns observed
- ☐ Note event timing relative to price action
- ☐ Identify confluence with levels
- ☐ Achieve profitability over 2-4 weeks
Progression: Many users start with minimum position sizes after paper testing success.
Mistake #10: Overcomplicating with Too Many Indicators¶
| ❌ Common Error: | Load all 7 Signal Pilot indicators + 10 other indicators on one chart |
| ✅ Simpler Approach: | Start with Pentarch, gradually add Janus |
Why:
- More indicators can lead to analysis paralysis
- Conflicting indicators create confusion
- Simplicity often provides clarity
Common progression for beginners:
- Week 1-4: Pentarch only
- Week 5-8: Pentarch + Janus Atlas
- Week 9+: Consider adding one more if needed (Volume Oracle or Harmonic)
✅ What's Next?¶
Master Pentarch:
- Full Pentarch Guide - Deep dive into all 5 events
Add Levels:
- Janus Atlas Guide - Identify key price levels
Why: Pentarch shows timing, Janus shows levels
Complete System:
- Suite Workflow - How all 7 indicators work together
💡 Common Best Practices¶
1. Bar Close Evaluation
- Signals appear during the bar but only finalize at close
- "Once Per Bar Close" alerts help avoid repaints
2. Level Confluence
- IGN at a key support level often shows higher probability
- Key price levels Identify by Janus Atlas
3. Stop Loss Planning
- Common stop for bullish setups: Below the TD/IGN candle low
- Operating without predetermined stops is generally considered high-risk
4. Timeframe Selection
- Daily chart typically shows cleaner events with less noise
- Many users start with higher timeframes, then progress to lower ones
5. Single Market Focus
- Learning one market (e.g., Bitcoin or one stock) before expanding is common
- Each market has different behavioral characteristics
More Indicators Can Be Explored
Pentarch is just one of 7 professional indicators in the suite.
All 7 Indicators Can Be Explored →