The quartile grid
Divide any zone into four parts: 0, 25, 50, 75, 100 percent. The same markup for everything.
The quartile grid — what it is?
The quartile grid divides any marked-up object into quarters: levels 0, 0.25, 0.5, 0.75 and 1. It is built the same way on an order block, a zone, an imbalance, a breaker block, a range and even a single candle.
The 0 and 1 boundaries are alert levels. They are not entry levels but a signal that price has approached the zone and it is time to get ready.
The 0.25–0.75 range is the entry zone. Orders go inside it, laddered or placed by hand. The 0.5 level is the object's equilibrium.
The quartile grid — how it is built?
One function for every object, not six different ones. Take the full range of the object with wicks, divide it into four equal parts, label the levels with prices. Entries are looked for only in the middle section.
The quartile grid — common mistakes
Entering at the edge of the zone, mistaking an alert level for a signal.
Building the grid off candle bodies instead of the full range.
Changing the proportions of the grid to suit the situation: it is always the same.
Putting your whole size into one order at a single point of the entry range.
Related to
Glossary
- Order block
- the last candle in the opposite direction before the impulse that broke structure.
- imbalance
- a stretch of chart price went through too quickly, without even trading.
- Breaker block
- an order block that was broken and then approached by price from the other side. It works in the opposite direction.
- range
- movement inside a horizontal corridor with no clear direction.
- candle
- the element of the chart that shows four prices for a period: open, high, low, close.
- equilibrium
- the middle of the range, the 0.5 level.