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5 Candle Mastery

The peak, the order, the exit that moves, the bonuses

25 questions about 5 Candle Mastery

What is 5 Candle Mastery?A breakout system Ben built around 2017, now running on our own engine. It finds a trend pausing for a few candles under its last peak, puts an order right at that peak, and moves the stop and the target with every candle close. Read the full answer Where do I find the 5 Candle calls?In your members area: open 5 Candle, and the 5 Candle Live tab lists every open call with its card, the orders about to fill under Getting close, and every finished call under it. Read the full answer Do the 5 Candle calls come to Telegram, Discord or my phone?Every call is on 5 Candle Live in your members area the moment it is made. The 5 Candle Alerts room in Telegram and Discord opens with the 5 Candle relaunch; its Join buttons are on your 5 Candle page, and the FBT App is coming soon. Read the full answer How do I take a 5 Candle trade?Place the same order the card shows: a buy-stop at the peak (the top of the blue zone). Once it fills, set the stop and the target from the card, and move them after each candle closes. Read the full answer Why do the stop and the target change every candle?That is the dynamic exit. Both are worked out again on every candle close from the last five candles, and they only ever move your way: as the trade works, the stop steps up behind it and the target steps in. Read the full answer When do I get out of a 5 Candle trade?At the stop or the target on the card, whichever price reaches first, after you move both on each close. Once the last five lows are all above your entry, the next candle's open takes the profit. Read the full answer I missed a 5 Candle call. Can I still take it?Look at its card on 5 Candle Live first. If the order has not filled yet, you can still place it. If it already filled, the stop and target have moved since, so decide on today's price against today's levels, not the original entry. Read the full answer My 5 Candle order never filled, or the call disappeared. Why?An order only fills when price reaches the peak. If a candle closes back through the Teeth Line first, the setup is over and the order is cancelled. No fill, no trade, and nothing lost. Read the full answer Which charts does 5 Candle call? Why not the 4-hour or the sells?The daily buys. We tested it on every stock we scan and checked it on the most recent stretch it was never tuned on: only the daily buys made money on both. The daily sells and the 4-hour are drawn on the chart for context, never called. Read the full answer Does 5 Candle call sells or shorts?No. Only the daily buys are called. A sell setup still shows on the chart as an amber zone, for context, but it is never a call: sells did not hold up when we tested them. Read the full answer How many 5 Candle calls will I get?It depends on the market: some weeks bring more, some fewer. 5 Candle checks every stock and ETF we scan on the daily chart, and you take the ones you like. Read the full answer Where is the 5 Candle track record?On your 5 Candle page in the members area: every finished call, wins and losses, with the date, the entry, the exit and a Replay. The Field Guide shows the record by chart and side. Read the full answer A 5 Candle call hit its stop. Did something go wrong?No. Some calls hit the stop, and that is what the stop is for. With 5 Candle the wins are many and mostly small, and the losses fewer but whole, because the first stop is wide. Read the full answer Does 5 Candle repaint?No. A call is made on a closed candle, and every call stays on the record exactly as it was made. The stop and the target move by design on each close; the call itself never does. Read the full answer How do I add the 5 Candle indicator to TradingView?Open 5 Candle in your members area, its TradingView tab, and follow the first lesson: it has the install link. Add the script to your favorites, then pick it from Indicators → Favorites on any chart. Read the full answer How do I see 5 Candle on Find Better Charts?Open Charts in your members area and add 5 Candle from the systems list: it draws the fractals, the Teeth Line, the order and the exit as it moves, on any stock and timeframe. Read the full answer Where are my 5 Candle guides and bonuses?On your 5 Candle page in the members area, under the 🧰 Guides & bonuses tab (it opens with the 5 Candle relaunch). The guides and the Position Sizer come with 5 Candle Mastery; the bonuses are 5 Candle Alerts, Find Better Charts, the Repeat-Winner Watchlist, the Market Weather Light and the Stock Search. Read the full answer How much should I put in each 5 Candle trade?Size it to the stop: decide how much of your account you will risk (many traders use about 1%), and divide that by the distance from the entry to the stop. The Position Sizer that comes with 5 Candle Mastery does it for you. Read the full answer What is the 5 Candle Market Weather Light?A bonus that reads SPY against its 200-day average today and lights green, yellow or red from how 5 Candle's own finished calls did in each kind of market. It never changes a call: every call still comes. Read the full answer What is the 5 Candle Repeat-Winner Watchlist?A bonus listing the stocks 5 Candle has called three times or more and closed in profit most often in our record, each with its history, and which of them has a call open or an order waiting now. Read the full answer How do I look up a stock's 5 Candle history?Open your 5 Candle page → 🧰 Guides & bonuses → The 5 Candle Stock Search, and type the ticker. You see every finished 5 Candle call on it, wins and losses, and whether it has a call open or an order waiting right now. Read the full answer Can I trade 5 Candle calls with options?Yes. The call is the stock trade; the options guide on your 5 Candle page (the TradingView tab) shows how to take one with options: a call on the buy, the expiration and the strike. Read the full answer What are the zones, the Teeth Line and the green and red steps on the 5 Candle chart?The blue zone marked 5 · BUY is the five candles of a setup, and its top is the peak, the trigger. The Teeth Line is the red 8-candle average. The green and red steps are the target and the stop of an open trade. Read the full answer What does 5 Candle cover? Forex, crypto, futures?The calls are on stocks and ETFs: the most-traded names we scan and test every day. On TradingView and Find Better Charts you can draw it on anything, but only stocks and ETFs are called. Read the full answer I bought 5 Candle before. What is different now?You keep everything you had. On top of it, 5 Candle now runs on our own engine: 5 Candle Live with every call, the dynamic exit on each card, the record of every finished call, and it is on Find Better Charts. Read the full answer
Micheal Ukadike
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