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understanding setup states on what's in play

what the four WIP states mean — in play, forming, completed, and filtered out by data — and how to use them to focus on what matters right now.

Written by Brad
Updated over 2 weeks ago

summary: WIP shows setups in four states — in play (active now), forming (developing), completed (already triggered), and filtered out (hidden by your filters).

every setup on WIP has a state. the state tells you where that setup is in its lifecycle right now — whether it's active, still developing, already played out, or hidden by your filters.

setups are grouped into separate sections on WIP by their current state. here's what each one means.

in play

a setup is in play when it's currently active within your selected session window. the conditions have been met and the opportunity is live right now.

this is the section to focus on during your trading session. these are the setups with historical data that apply to what's happening in the market at this moment — use them to build or confirm your bias before or during a trade.

forming

a setup is forming when the conditions are developing but haven't fully triggered yet. price is moving toward the setup, but it hasn't confirmed.

forming setups are useful for pre-market prep and intraday awareness. if a setup you care about is forming, you know what to watch for — and you can have your plan ready before it triggers.

not every forming setup will become in play. treat them as setups to monitor, not act on yet.

completed

a setup is completed when it has hit its target level and played out. the opportunity has passed for this session.

the completed section is useful for post-session review — you can see which setups triggered and resolved, and check whether they played out in line with the historical data. over time, this helps you validate whether the setups you're tracking are performing as expected.

filtered out by data

a setup appears in the filtered out by data section when it exists in the current session but doesn't meet the criteria you've set in your data filters — either the % range or the directional bias filter.

these setups aren't hidden permanently. if you adjust or clear your filters, they'll move back into the relevant state section. the filtered out section keeps them visible so you know they exist — you're just choosing not to focus on them right now.

if your filtered out section has setups you wouldn't expect to see there, it's worth checking your active filters. a % floor that's set too high or a directional bias that doesn't match current conditions can push setups out of view unintentionally.

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