Getting Started With the Imbalance Impulse Price Action Pattern in Profectus
This quick guide walks you step-by-step through using the templat. This is your launchpad for building, testing, and customizing a no-code trading bot.
Step 0: Access the Trading Bot Template [1 Min]
Click this link to load the template directly onto your canvas.
Your canvas displays 3 blocks as shown below. Check? Let's continue!
Step 1: Export the Trading Bot [1 Min]
Before diving into customization, export the bot with the upper right export button to download the file.
Step 2: Upload to MetaTrader 5 [4 Min]
Don’t know how? Refer to our help article "Exporting Your First Strategy".
Step 3: Understand the Logic [1 Min]
A Doji is a candlestick pattern that signals indecision or consolidation in the market.
What it looks like: The open and close prices are almost identical, leaving the candle with a very small body and long wicks.
What it means: Neither buyers nor sellers managed to take control during that period. The market paused, showing balance or uncertainty.
Why it matters: Dojis often appear at potential turning points or before strong moves, highlighting areas where momentum may shift.
The rationale: A Doji tells us the market is undecided — pressure from both sides canceled out. Traders watch for what happens next: continuation, reversal, or breakout.