Percentage Price Oscillator Navigator [MarkitTick]💡 A highly multi-dimensional momentum and trend-tracking suite. Rather than relying on singular data points, this comprehensive ecosystem fuses normalized momentum oscillators, dynamic volatility filters, and automated risk-management frameworks into a single, cohesive interface. Designed for meticulous market analysts, it provides a strictly confirmed, non-repainting environment to identify structural shifts, validate trend strength, and project actionable risk-to-reward parameters.
● ✨ Originality and Utility
Standard momentum oscillators often suffer from noise in ranging environments and fail to contextualize signals with prevailing market conditions. This tool distinguishes itself by integrating a robust "Smart Filter" engine directly into the core momentum calculation. By dynamically cross-referencing directional movement strength, average true range expansions, and volume surges, it ensures that momentum shifts are only validated when supported by underlying market participation. Furthermore, the inclusion of a fully automated, dynamic risk-to-reward leveling system transforms a traditional oscillator into a complete trade management overlay, complete with a real-time heads-up display dashboard and fully formatted JSON alert payloads for external automation.
● 🔬 Methodology and Concepts
The foundational logic relies on the proportional divergence between a faster and slower moving average, calculating the percentage difference to create a normalized oscillator. This normalization is critical as it allows for consistent momentum evaluation across diverse asset classes regardless of their nominal price value.
To prevent the common pitfall of reverse-engineering and to protect the underlying intellectual architecture, the internal mathematical sequences remain fully abstracted. The methodology employs a cascading verification process:
First, the core normalized divergence is measured against its own smoothed signal line to identify baseline directional shifts.
Second, a Multi-Timeframe (MTF) confirmation engine evaluates the macro trend. This utilizes a strict, offset historical data request architecture, ensuring zero future-data leakage or repainting artifacts.
Third, the Smart Filter engine evaluates atmospheric market conditions. It demands that background volatility, average directional strength, and volume participation meet minimum threshold requirements before validating any structural momentum shift.
Finally, the system utilizes strict bar-close confirmation logic. Signals are exclusively generated when the evaluation bar has permanently closed, ensuring unalterable historical accuracy.
● 🎨 Visual Guide
The visual interface is engineered to maximize data delivery while maintaining chart clarity.
• Oscillator Elements
PPO Line (Solid Blue): Represents the primary normalized momentum metric.
Signal Line (Solid Orange): A smoothed derivative of the primary momentum, acting as the baseline for crossover events.
Histogram Columns: Visualizes the spread between the PPO and Signal lines. Rising positive momentum is colored in solid teal, while weakening positive momentum fades to a transparent teal. Conversely, expanding negative momentum is solid red, fading to transparent red as bearish momentum wanes.
Zero Line (Gray): The equilibrium point delineating macro bullish versus bearish environments.
• Chart Overlay Elements
Heatmap Candles: The main chart candles are dynamically colored (Teal for positive momentum, Red for negative momentum) based directly on the histogram's state, instantly aligning price action with underlying momentum.
Signal Markers: Small, precise triangles appear at the exact bar of a confirmed momentum crossover (Teal triangle pointing up for bullish, Red pointing down for bearish).
Risk Management Levels: Upon a confirmed signal, the tool draws horizontal projections. The Stop Loss is a thick solid red line. The Entry is a dashed blue line. Take Profit targets (TP1, TP2, TP3) are plotted as dashed teal lines of varying opacity. Colored background fills visually represent the geometric risk and reward zones.
• Heads-Up Dashboard
A fixed tabular dashboard provides a real-time diagnostic readout of all internal states, including current momentum values, moving average gap percentages (visualized as a progress bar), higher-timeframe alignment, and the active positional status with exact level coordinates.
● 📖 How to Use
This tool is designed to act as a primary navigational compass for market structure. Traders should observe the histogram for early signs of momentum deceleration (indicated by fading column colors). A validated setup occurs when the primary momentum line crosses the signal line, strictly accompanied by a visual marker on the chart.
Because the system employs strict bar-close confirmation, traders must wait for the bar to finalize before interpreting a signal as valid. Once a signal fires, the risk management levels automatically project onto the chart. The user can utilize the "Lock Signal" feature to freeze these specific entry and exit levels on the chart, preventing the system from calculating subsequent, potentially conflicting signals while a trade is actively being managed. The comprehensive JSON alerts can be mapped directly to external execution platforms, utilizing the dynamically generated Entry, Stop Loss, and Take Profit price coordinates embedded within the payload.
● ⚙️ Inputs and Settings
The configuration panel is highly modular, categorized logically for precise tuning:
• Core
Defines the lookback periods for the fast, slow, and signal moving averages, as well as the calculation type (SMA or EMA) and the source price data.
• Filters
The gatekeeper settings. Users can toggle and tune the Higher Timeframe confirmation, ADX strength threshold, ATR volatility multiplier, and Volume moving average requirements. A histogram slope confirmation can also be activated to ensure structural momentum is moving in the correct direction.
• Trade Tools
Controls the geometric risk overlay. Users define the Stop Loss distance via an ATR multiplier and set precise Risk:Reward ratios for all three Take Profit targets. The "Lock Signal" toggle is located here, allowing users to freeze the active projection.
• Visuals & Dashboard
Comprehensive toggles to enable or disable specific UI elements such as the histogram, heatmap candles, chart signals, and the diagnostic dashboard, allowing for a fully customized workspace.
• Alerts
Input fields to define custom JSON action tags for integration with third-party webhooks, ensuring seamless connectivity with external systems.
● 🔍 Deconstruction of the Underlying Scientific and Academic Framework
The theoretical foundation of this evaluation suite rests on the synthesis of structural momentum analysis and statistical variance gating. In traditional financial modeling, momentum is frequently quantified as the first derivative of price relative to time. However, absolute price changes suffer from scalar distortion; a ten-point move in a high-valuation asset is mathematically insignificant compared to a ten-point move in a low-valuation asset. By utilizing a normalized percentage differential between dual moving averages, the tool mathematically standardizes momentum, allowing for robust, scale-invariant analysis.
Furthermore, the integration of the Smart Filter engine elevates the framework from simple linear smoothing to a multidimensional evaluation model. The inclusion of the Average Directional Index (ADX) introduces a non-directional vector strength requirement, ensuring that momentum shifts are occurring within an established trend environment rather than a stochastic mean-reversion chop. The Volatility filter, utilizing the Average True Range (ATR), acts as a statistical variance gate. It postulates that significant structural shifts require an expansion in price distribution variance; if a momentum crossover occurs during a period of localized volatility contraction, it is statistically more likely to be a false positive generated by noise rather than a genuine shift in market consensus.
Finally, the dynamic risk leveling system applies principles of geometric expectancy. By anchoring the invalidation point (Stop Loss) to the ATR, the system ensures that risk parameters are continuously adjusted to the current statistical distribution of price movement, rather than relying on arbitrary, static percentages. This creates a mathematically sound, expectancy-positive projection model that adapts fluidly to expanding and contracting market environments, enforcing a rigorous, quantitative approach to trade management.
⚠️ Disclaimer
All provided scripts and indicators are strictly for educational exploration and must not be interpreted as financial advice or a recommendation to execute trades. We expressly disclaim all liability for any financial losses or damages that may result, directly or indirectly, from the reliance on or application of these tools. Market participation carries inherent risk where past performance never guarantees future returns, leaving all investment decisions and due diligence solely at your own discretion. Indicator
Liquidity Entry Signals [MarkitTick]💡 A comprehensive, multi-faceted approach to identifying potential market reversals based on classic liquidity sweep mechanics. By scanning for instances where price briefly breaches a significant structural high or low before immediately rejecting and closing back within the range, this tool highlights areas where trap-based price dynamics may be in play. It is designed to offer a complete trading framework rather than just a simple signal, integrating dynamic stop-loss and take-profit plotting, real-time advanced dashboard analytics, and comprehensive alert payloads. This indicator assists in bridging the gap between raw price action analysis and structured trade management.
● ✨ Originality and Utility
Many basic technical indicators simply look for higher highs or lower lows without assessing the quality of the rejection. This script elevates that concept by requiring strict closing conditions to validate a sweep. What truly sets it apart is its integration of multiple intelligent filters. Rather than relying on price action alone, users can mandate that sweeps align with the prevailing trend, occur during periods of sufficient volatility, and are backed by relative volume strength.
Additionally, the built-in risk management visualizations automatically calculate position risk parameters right on the chart. By projecting stop-loss and take-profit levels based on current volatility, it transforms a static signal into an actionable trade plan. The inclusion of dynamic JSON payload generation for alerts also makes this an incredibly versatile tool for those looking to automate their execution through third-party platforms.
● 🔬 Methodology and Concepts
The core logic of this script is built around the concept of a liquidity sweep, verified through price action closes, and filtered through statistical market conditions.
Bullish Sweep: The script continuously calculates the lowest low over a user-defined lookback window. A valid bullish signal occurs when the current bar's lowest price penetrates this recent low, but the closing price decisively reclaims it by closing higher than the structural low and higher than its own open.
Bearish Sweep: Conversely, the script identifies the highest high over the recent lookback period. If the current bar's high breaches this level, but the close falls below the recent high and below its own open, a short signal is triggered.
Trend Filtration: The indicator uses a Simple Moving Average (SMA) on both the current chart and a selected higher timeframe to establish a directional bias. Signals that conflict with these moving average baselines are suppressed to prevent counter-trend trading.
Volatility and Volume Analysis: The script evaluates the Average True Range (ATR) as a percentage of the current closing price to ensure sufficient market movement is present. It also compares the current volume to a standard moving average of volume, filtering out setups that lack participation.
● 🎨 Visual Guide
The script draws extensive visual overlays to assist in real-time decision-making and trade management.
• Signal Labels
When a valid sweep occurs, an "LS" label is plotted. Green labels positioned below the candle indicate bullish setups, while red labels above indicate bearish setups.
• Trade Execution Lines
Upon a signal, the indicator projects trade management lines directly on the chart for the next 50 bars.
Entry Line: A dashed blue line marking the closing price of the signal bar.
Stop Loss (SL): A solid red line placed away from the entry, calculated based on the ATR multiplied by the user's risk factor.
Take Profit (TP): Three dashed teal lines representing Take Profit 1, 2, and 3. These are calculated using specific Risk-to-Reward multiples of the stop-loss distance.
• Risk and Reward Zones
Semi-transparent colored fills visually separate the trade zones. A red fill highlights the risk zone between the entry and the stop loss, while a teal fill highlights the reward zone extending from the entry to the final take-profit level.
• Advanced Dashboard
A multi-row informational table appears in the selected corner of the chart. This dashboard provides a real-time status check of the prevailing trend bias, the number of bars since the last signal, exact entry/SL/TP price levels, current ATR, and visual progress bars for volatility and signal cooldown periods.
● 📖 How to Use
Traders can utilize this script as a complete top-down methodology for analyzing market structure. First, observe the dashboard to confirm that the current market environment aligns with your desired filters (e.g., ensuring the higher timeframe trend is supportive and volume thresholds are met).
When a valid "LS" label appears on the chart, immediately note the projected Entry, Stop Loss, and Take Profit lines. The dashed blue line serves as your reference for a potential entry point. You can calculate your position sizing based on the fixed distance between this blue Entry line and the solid red Stop Loss line.
The three Take Profit levels allow for a tiered approach to trade management, enabling partial profit-taking as the price advances in your favor. Advanced users can configure the custom string inputs to send highly detailed webhook payloads directly to execution platforms, passing the exact dynamically calculated price levels directly to their broker.
● ⚙️ Inputs and Settings
The script is highly customizable through categorized input groups, allowing adaptation to any asset class or timeframe.
• SMC Settings
Sweep Lookback: Defines the number of historical bars used to calculate the structural high and low points.
• Smart Filters
Trend Filter: Enables an SMA condition to dictate the allowed signal direction.
Volatility Filter: Requires the ATR to be a minimum percentage of the asset's price before a signal can fire.
Volume Filter: Demands that the current bar's volume exceeds a defined multiple of the volume moving average.
HTF Timeframe: Selects the specific higher timeframe used for long-term trend alignment.
Signal Cooldown: Prevents consecutive signals within a specified number of bars to reduce chart noise during extended consolidations.
• Trade Tools
SL ATR Mult: Determines the distance of the Stop Loss based on the current ATR, adjusting risk based on market volatility.
TP1 / TP2 / TP3 RR: Sets the specific Risk-to-Reward multiples for the three profit targets.
• Alerts
Action Strings: Customizable fields to inject specific commands into the JSON alert payloads for entries, exits, and partial take-profits.
● 🔍 Deconstruction of the Underlying Scientific and Academic Framework
From a market microstructure perspective, liquidity sweeps represent a temporary imbalance in supply and demand. In auction market theory, price frequently probes beyond established boundaries to test for the presence of resting orders. When price penetrates a historical extreme but fails to sustain value there—evidenced by the immediate reversal and closing within the prior range—it indicates an absorption of liquidity by counter-trend market participants. This exhaustion of directional momentum is a well-documented phenomenon in order flow analysis.
To normalize these price extensions, the indicator applies the Average True Range (ATR). Developed by J. Welles Wilder, the ATR provides a robust statistical measure of absolute price volatility, capturing gaps and limit moves that standard standard-deviation metrics might underrepresent. By tying the Stop Loss logic directly to the ATR, the indicator adapts to heteroskedasticity, which is the changing variance of asset returns over time. This ensures that risk parameters dynamically widen during highly volatile periods to prevent premature stop-outs, and contract during quiet phases to optimize capital efficiency.
Furthermore, the reliance on moving averages for trend and volume filtration applies fundamental time-series smoothing. This inherently mitigates the noise of high-frequency price fluctuations, ensuring that the localized microstructure event (the sweep) is aligned with the macro directional drift of the broader dataset.
⚠️ Disclaimer
All provided scripts and indicators are strictly for educational exploration and must not be interpreted as financial advice or a recommendation to execute trades. We expressly disclaim all liability for any financial losses or damages that may result, directly or indirectly, from the reliance on or application of these tools. Market participation carries inherent risk where past performance never guarantees future returns, leaving all investment decisions and due diligence solely at your own discretion. Indicator
Normalized Momentum Trigger SimpleNormalized Momentum Trigger Simple
Normalized Momentum Trigger is a clean momentum and impulse indicator designed to identify directional shifts by measuring how far price is moving away from its average, normalized by recent volatility.
Instead of using raw momentum alone, this indicator standardizes price movement relative to its recent deviation, helping make momentum behavior easier to compare across different symbols and timeframes.
Features:
• Normalized momentum line
• Impulse histogram
• Bullish and bearish trigger levels
• Extreme bull and extreme bear trigger levels
• Multiple moving average basis options:
• SMA
• EMA
• WMA
• RMA
• HMA
• Optional zero-line filter
• Optional momentum slope confirmation
• Optional trend MA filter
• Background bias coloring
• Bull, bear, extreme bull, and extreme bear markers
Alerts Included:
• Bull Trigger
• Bear Trigger
• Extreme Bull Trigger
• Extreme Bear Trigger
• Momentum Crossed Above Zero
• Momentum Crossed Below Zero
Potential use cases:
• Identify momentum shifts
• Spot impulse changes
• Confirm trend continuation
• Filter trade entries
• Detect early changes in directional pressure
• Add confluence to existing systems
Interpretation:
Bull Trigger
Momentum impulse crosses above the bullish threshold.
Bear Trigger
Momentum impulse crosses below the bearish threshold.
Extreme Bull / Bear Trigger
Momentum impulse reaches a stronger threshold, suggesting more aggressive directional movement.
Zero Line
Momentum above zero suggests bullish pressure, while momentum below zero suggests bearish pressure.
Impulse Histogram
Shows the change in normalized momentum and helps visualize acceleration or deceleration.
About TrendGenY Indicator
TrendGenY indicators are built from market experience, creative concepts, and a constant pursuit of unique perspectives. Rather than following conventional ideas, the focus is on uncovering alternative insights and viewing market behavior through different angles to reveal information that traditional tools may overlook and help traders build a more meaningful edge in the market. Indicator
[ A L P H A X ] Bollinger/Keltner Volatility Pressure SystemAlphaX Volatility Pressure System — Bollinger/Keltner Squeeze Detection, Linear Regression Forecast, Multi-Confluence Band Touch Signals, Volatility Regime Classification & Institutional Dashboard
AlphaX Volatility Pressure System (VPS) is a professional-grade volatility analysis and signal system built on the interaction between Bollinger Bands and Keltner Channels — the foundation of squeeze-based trading. It combines a proprietary multi-layer squeeze engine, linear regression band forecasting, a six-factor confluence scoring system, and a comprehensive real-time dashboard into a single cohesive overlay. Designed and default-tuned for XAUUSD (Gold) on the 1-minute timeframe, fully adaptable to any instrument or timeframe.
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📸 Visual Overview
The indicator displays Bollinger Bands as a gradient cloud, Keltner Channel boundaries as dotted lines, squeeze status dots on the basis line, a projected forecast envelope extending into the future, confidence-scored entry signals at band touches, mean reversion exit markers, and a full diagnostic dashboard — all in a clean, non-cluttered layout with a consistent yellow-green / red / gray color theme.
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🔬 The Volatility Pressure Architecture — How It Works
At the core of AlphaX VPS is the principle that volatility is cyclical — periods of compression (low volatility) are followed by periods of expansion (high volatility), and vice versa. The system detects exactly where you are in this cycle and provides actionable intelligence at every stage.
The system operates through seven integrated layers:
Layer 1 — Bollinger Bands (Volatility Envelope)
A Simple Moving Average (SMA) basis line with standard deviation bands above and below
Default: 30-period SMA with 2.2x multiplier — tuned for gold's micro-noise on 1-minute charts
The bands expand during volatile moves and contract during consolidation
Price touching or piercing the outer bands represents statistical extremes — potential reversal zones
The space between upper and lower bands is rendered as a gradient cloud that shifts color based on price position relative to the basis — yellow-green when price is above basis (bullish pressure), red when below (bearish pressure)
Layer 2 — Keltner Channels (ATR Volatility Wrapper)
An Exponential Moving Average (EMA) center line with Average True Range (ATR) bands
Default: 30-period EMA with 1.8x ATR multiplier using 20-period ATR — calibrated for gold
Keltner Channels represent the "normal" volatility range based on true range, while Bollinger Bands represent statistical deviation — the relationship between them reveals compression and expansion states
Plotted as subtle dotted lines at the channel boundaries for clean visual reference without chart clutter
Layer 3 — Squeeze Engine
Squeeze ON — detected when Bollinger Bands contract inside the Keltner Channel (BB upper < KC upper AND BB lower > KC lower). This means volatility has compressed below normal levels — a spring is being loaded
Squeeze Release — the first bar where BB breaks back outside KC after a squeeze period. This is the explosive moment where the compressed energy releases into a directional move
Squeeze status is displayed as colored dots on the BB basis line: red dots during active squeeze, yellow-green dots on squeeze release, gray dots during normal conditions
Squeeze Momentum — a John Carter-style linear regression calculation determines the direction of the squeeze release: bullish momentum (price likely to break upward) or bearish momentum (price likely to break downward)
Squeeze release events generate flash markers on the chart: "⚡ SQ↑" for bullish releases, "⚡ SQ↓" for bearish releases
The dashboard tracks how many of the last 20 bars were in squeeze state — prolonged squeezes (12+ bars) tend to produce the most explosive releases
Layer 4 — Linear Regression Forecast
A forward-looking projection of the Bollinger Band envelope using linear regression slopes
The system calculates the current slope of both the BB basis and the BB deviation, then projects them forward by the configured number of bars (default: 20 bars = 20 minutes on 1-minute chart)
The projection is smoothed using a weighted blend from current values to forecasted values, preventing jarring visual jumps
Displayed as a projected envelope with upper, basis, and lower forecast lines, plus a filled forecast cloud
Forecast color reflects projected direction: yellow-green if the basis is projected to rise, red if projected to fall
Price labels at the forecast endpoints show the projected upper and lower band values — giving you concrete target levels
A minimum bandwidth floor prevents the forecast from collapsing to zero during extreme compression
Layer 5 — Trend EMA
A 100-period Exponential Moving Average provides macro trend context
Color-coded: yellow-green when price is above (bullish structure), red when below (bearish structure)
The EMA slope direction (rising vs. falling over 3 bars) is factored into the confluence scoring system
Acts as a structural filter — signals aligned with the EMA trend receive bonus confidence, signals against it receive penalties
Layer 6 — RSI Filter
A 14-period Relative Strength Index provides momentum confirmation
Oversold threshold at 30, overbought at 70 — stricter than typical settings to filter gold noise
RSI must be in a supportive zone for signals to fire: below 45 for bullish signals, above 55 for bearish signals
Deeply oversold or overbought RSI readings contribute up to 15 points to the confluence score
Layer 7 — Volatility Regime Classification
The system continuously classifies the current market state into one of five regimes:
SQUEEZE 🔴 — BB inside KC, volatility compressed, spring loading
RELEASE ⚡ — first bar after squeeze ends, explosive move initiating
EXPANSION 📈 — bandwidth increasing and price trending directionally
COMPRESSION — bandwidth decreasing, volatility contracting
RANGING — no clear volatility trend, sideways movement
The current regime is displayed prominently in the dashboard and influences signal generation — signals during active squeeze are blocked entirely
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📊 Signal System — Band Touch Signals
AlphaX VPS generates two types of chart signals: Entry Signals at band extremes and Exit Markers at mean reversion.
Entry Signals ( ⬆ / ⬇ )
Entry signals appear when price touches or pierces a Bollinger Band while multiple confluence factors align to confirm a high-probability reversal setup.
Bullish Entry (⬆) — a yellow-green label below the bar indicating a potential long opportunity:
Price touches or pierces the lower Bollinger Band
Confluence score meets the minimum confidence threshold (default: 60%)
RSI is below 45 (supportive of oversold bounce)
Volume is above average (institutional participation confirmed)
A swing low structure is present near the band (not just a random wick)
Candle shows bullish rejection — either a bullish close or a long lower wick (>50% of candle range)
Market is NOT in active squeeze (signals blocked during compression)
Cooldown period has elapsed since last bullish signal (default: 15 bars)
Bearish Entry (⬇) — a red label above the bar indicating a potential short opportunity:
Price touches or pierces the upper Bollinger Band
Confluence score meets the minimum confidence threshold
RSI is above 55 (supportive of overbought reversal)
Volume is above average
A swing high structure is present near the band
Candle shows bearish rejection — either a bearish close or a long upper wick
Market is NOT in active squeeze
Cooldown period has elapsed since last bearish signal
Each signal label displays the tier rating and confidence percentage :
S-Tier (80%+) — exceptional setup, maximum confluence — highest probability
A-Tier (70–79%) — strong setup, most factors aligned
B-Tier (60–69%) — decent setup, adequate confluence for a trade with proper risk management
Signals below B-Tier are automatically filtered out and never displayed.
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Exit Markers ( ✕ )
After an entry signal fires, the system tracks position direction and monitors for mean reversion to the BB basis line :
Long Exit ✕ — appears when price crosses back above the BB basis after a bullish entry, indicating the mean reversion target has been reached
Short Exit ✕ — appears when price crosses back below the BB basis after a bearish entry, indicating the mean reversion target has been reached
Exit markers serve as profit-taking signals — the statistical edge of a band touch trade is the reversion to the mean (basis line). Once price reaches the basis:
Take partial or full profit
Tighten stop loss to breakeven
Wait for the next band touch signal before re-entering
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🧠 Multi-Confluence Confidence Scoring System
Every entry signal is evaluated by a real-time scoring engine that produces a confidence percentage from 0% to 100%. This is not a simple threshold check — it is a weighted multi-factor assessment that rewards alignment and penalizes contradiction.
Scoring Factors — Bullish Signals:
Band Touch Quality (up to 20 points)
How deeply price pierced the lower Bollinger Band
Pierce depth >5% of band width = 20 points (strong penetration)
Any pierce = 15 points
Near-touch (within 0.1%) = 10 points
%B Position (up to 10 points)
Bollinger %B measures where price sits within the band range (0 = lower band, 1 = upper band)
%B below 0 (outside lower band) = 10 points
%B below 0.05 = 8 points
%B below 0.15 = 5 points
RSI Depth (up to 15 points)
RSI below 20 = 15 points (deeply oversold)
RSI below 25 = 12 points
RSI below 30 = 10 points
RSI below 40 = 3 points
EMA Trend Alignment (up to 10 points)
Price above 100 EMA AND EMA slope rising = 10 points (full alignment)
Price above 100 EMA only = 5 points
Squeeze Release Confluence (up to 10 points)
Squeeze just released with bullish momentum = 10 points (explosive setup)
Bullish squeeze momentum without active squeeze = 5 points
Candle Rejection Pattern (up to 10 points)
Long lower wick (>50% of range) + bullish close = 10 points (textbook rejection)
Long lower wick only = 7 points
Bullish close only = 3 points
Volume Confirmation (up to 10 points)
Above-average volume + bullish close = 10 points (institutional buying)
Above-average volume only = 5 points
MACD Momentum (up to 8 points)
MACD line above signal line OR histogram rising for 2+ bars = 8 points
200 SMA Structure (up to 7 points)
Price above 200 SMA = 7 points (macro trend support)
Penalty Deductions:
Price BELOW EMA trend = -15 points (counter-trend signal)
RSI above 55 = -12 points (momentum doesn't support reversal)
Active squeeze = -8 points (wait for release)
Expanding but directionless = -5 points
No volume spike when volume filter enabled = -5 points
Bearish candle rejection present = -10 points (wrong candle structure)
The same structure applies to bearish signals with inverted logic — upper band touch, overbought RSI, price below EMA, bearish rejection candles, etc.
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🛡 Signal Quality Gates — Why This Indicator Produces Clean Signals
Beyond the confidence score, every signal must pass through six independent quality gates before it can appear on the chart. If any single gate fails, the signal is blocked entirely — regardless of the confidence score:
Gate 1 — Band Touch Gate
Price must actually reach or pierce the Bollinger Band (within 0.1%)
Signals near the middle of the bands are impossible — only statistical extremes qualify
Gate 2 — RSI Zone Gate
Bullish signals require RSI below 45
Bearish signals require RSI above 55
This prevents signals when momentum is neutral or contradictory
Gate 3 — Volume Gate
Volume must exceed the 20-period volume moving average multiplied by 1.2x
Low-volume band touches are often noise — this gate requires institutional participation
Can be toggled off for instruments with unreliable volume data
Gate 4 — Swing Structure Gate
A swing low must be present within the last 3 bars for bullish signals (price formed a local bottom)
A swing high must be present within the last 3 bars for bearish signals (price formed a local top)
This prevents signals on through-band breakdowns where price is accelerating through the band, not bouncing off it
Can be toggled off for faster signal generation
Gate 5 — Candle Confirmation Gate
Bullish signals require either a bullish candle close (close > open) or a bullish rejection wick (lower wick > 50% of total range)
Bearish signals require either a bearish candle close or a bearish rejection wick
This confirms that price is actually rejecting the band level, not just touching it on the way through
Gate 6 — Squeeze Block Gate
No signals fire during active squeeze (BB inside KC)
During squeeze, volatility is compressed and band touches are unreliable — the bands themselves are artificially narrow
Signals resume after squeeze releases
Gate 7 — Cooldown Gate
A minimum of 15 bars (15 minutes on 1-minute chart) must elapse between signals of the same direction
Prevents signal spam during choppy band-walking conditions
This seven-gate architecture is why AlphaX VPS produces significantly fewer but higher-quality signals compared to basic Bollinger Band indicators.
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⚠ Identifying Choppy / Ranging Markets — When NOT to Trade
Knowing when to stay out is just as important as knowing when to enter. AlphaX VPS provides multiple visual cues for choppy, range-bound conditions:
How to identify choppy conditions:
BB Cloud is extremely narrow — when the Bollinger Bands contract tightly, the cloud between upper and lower bands becomes paper-thin. Narrow bands = low volatility = no clean directional moves.
Squeeze dots are RED for extended periods — prolonged red dots on the basis line mean BB is trapped inside KC. While this predicts an eventual explosive move, trading during the squeeze is a losing strategy. Wait for the yellow-green release dot.
Forecast cloud is flat and narrow — if the projected envelope shows no significant expansion or directional slope, the system expects continued compression. No expansion forecast = no trade.
Regime dashboard shows "COMPRESSION" or "RANGING" — the volatility regime classifier explicitly tells you the current state. These regimes have the lowest signal quality.
No signals appearing despite price touching bands — this means the quality gates are doing their job. If you see band touches but no labels, the confluence score is too low or a gate is blocking. Trust the filter.
EMA (100) is flat and price is oscillating around it — no trend, no edge.
Basis distance in dashboard shows very small percentage — price is hugging the basis line, meaning there is no stretched rubber band to snap back. Mean reversion trades need extension first.
What to do during choppy markets:
Do not force trades — wait for squeeze release (yellow-green dot + ⚡ marker)
Watch for the forecast cloud to start expanding and tilting directionally
Monitor the regime dashboard — wait for "RELEASE ⚡" or "EXPANSION 📈" to appear
Consider moving to a higher timeframe where structure may be clearer
Use the squeeze bar counter in the dashboard — once squeeze bars reach 12+/20, the release is likely imminent
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🚀 How to Trade with AlphaX VPS — Step by Step
Step 1 — Assess Market Regime
Check the dashboard REGIME field: Is it EXPANSION, COMPRESSION, SQUEEZE, or RANGING?
Check the Bollinger Band cloud width: Is it expanded or collapsed?
Check squeeze dots: Red = stay out. Gray = normal. Yellow-green = just released.
If the regime is SQUEEZE or COMPRESSION → do not trade. Wait for RELEASE or EXPANSION.
Step 2 — Monitor the Forecast
Look at the projected envelope ahead of current price
Is the forecast expanding or narrowing? What direction is the basis slope?
A widening forecast with a clear directional slope tells you where the bands are heading
The forecast upper and lower price labels give you concrete projected targets
Step 3 — Wait for a Band Touch Signal
Do not chase price in the middle of the bands — wait for price to reach an extreme
A ⬆ or ⬇ label will appear only when all seven quality gates pass and the confidence score meets your threshold
The label shows the tier (S/A/B) and exact confidence percentage — use this to size your position (higher confidence = larger size)
Step 4 — Enter the Trade
Enter on the signal bar's close (signals are confirmed on bar close, non-repainting)
Place your stop loss beyond the Bollinger Band that was touched (for bullish: below the lower band, for bearish: above the upper band)
Your profit target is the BB basis line (mean reversion target) — the system will mark this with a ✕ when reached
Step 5 — Manage and Exit
Watch for the ✕ exit marker — this appears when price crosses back to the BB basis
Take partial or full profit at the basis line
If price continues past the basis toward the opposite band, you can trail your stop using the basis line as your new stop level
If a new signal appears in the same direction before the exit triggers, it can be used to add to the position
Step 6 — Squeeze Release Trades (Advanced)
When you see the "⚡ SQ↑" or "⚡ SQ↓" release marker, this is a momentum breakout setup
The squeeze release direction (bull/bear) is determined by the squeeze momentum calculation
Enter in the direction of the release
These moves tend to be explosive — use wider stops and larger targets than mean reversion trades
The forecast projection will often show an expanding envelope in the direction of the release — use the forecast band endpoints as extended targets
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📋 Real-Time Dashboard — Complete Market Intelligence
The dashboard provides a comprehensive snapshot of every metric the system monitors, organized into five sections:
─── VOLATILITY ───
REGIME — Current volatility state (Squeeze / Release / Expansion / Compression / Ranging) with color-coded background
BANDWIDTH — Current BB width as percentage of basis, colored relative to its 50-period average (narrow = green/opportunity, wide = red/extended)
BB %B — Where price sits within the bands (0% = lower band, 100% = upper band). Extreme readings are color-highlighted
SQUEEZE BARS — How many of the last 20 bars were in squeeze (higher = more compressed = bigger expected release)
KC RELATION — Whether BB is inside KC (squeeze), above KC (expansion), or near KC (transition)
─── MOMENTUM ───
RSI — Current RSI value with zone label (OB/OS/HIGH/LOW/MID) and appropriate coloring
EMA — Trend direction based on price vs. 100 EMA and EMA slope (▲ BULL / ▲ RISING / ▼ BEAR / ▼ FALLING)
SQ MOMENTUM — Squeeze momentum direction and strength (▲▲ STRONG UP / ▲ RISING / ▼▼ STRONG DOWN / ▼ FALLING / — FLAT)
MACD — MACD momentum status (▲ BULLISH / ▼ BEARISH / — NEUTRAL)
VOLUME — Whether current volume exceeds the moving average threshold (▲ ABOVE AVG / — NORMAL)
─── CONFIDENCE ───
BULL CONF — Current bullish confluence score with tier rating (S-TIER / A-TIER / B-TIER / C-TIER / LOW)
BEAR CONF — Current bearish confluence score with tier rating
These update in real-time so you can see confluence building before a signal fires
─── FORECAST ───
BASIS SLOPE — Direction the BB basis is heading (▲ RISING / ▼ FALLING / — FLAT)
BAND FORECAST — Whether bands are projected to widen (▲ WIDENING) or narrow (▼ NARROWING) or remain stable
─── STRUCTURE ───
SMA 200 — Price position relative to 200 SMA (▲ ABOVE / ▼ BELOW) — macro trend context
─── TRADE STATE ───
POSITION — Current tracked position direction (▲ LONG / ▼ SHORT / — FLAT) with color-coded background
BASIS DISTANCE — How far price is from the BB basis as a percentage — measures extension and mean reversion potential
Dashboard position (Top Left / Top Right / Bottom Left / Bottom Right) and text size (Tiny / Small / Normal) are configurable.
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⚡ Key Features
📊 Bollinger Bands with gradient trend cloud — instant visual of price position within the volatility envelope
🔷 Keltner Channels with ATR-based boundaries — the volatility reference for squeeze detection
🔴 BB/KC Squeeze Engine — detects compression, tracks squeeze duration, classifies release direction
⚡ Squeeze Release Flash Markers — "⚡ SQ↑" and "⚡ SQ↓" labels mark the explosive moment
🔭 Linear Regression Forecast — projects the band envelope forward with directional slope and price targets
🎯 Multi-confluence band touch signals — six-factor scoring with seven independent quality gates
📐 Volume filter — requires above-average volume for signal confirmation (toggleable)
🏗 Swing structure filter — requires local swing formation near bands (toggleable)
🕯 Candle rejection analysis — wick ratio and close direction confirmation
📈 MACD momentum integration — histogram trend confirmation within the scoring system
📏 200 SMA macro structure — long-term trend context for scoring
📐 100 EMA trend filter — intermediate trend direction and slope analysis
✕ Mean reversion exit markers — automatic profit target detection at the BB basis
🏷 Tiered signal labels — S / A / B tier with confidence percentage for position sizing decisions
📋 22-row real-time dashboard — complete market intelligence across volatility, momentum, confidence, forecast, structure, and trade state
🎨 Cohesive dual-tone color theme — yellow-green for bullish, red for bearish, orange for neutral, gray for inactive
🔔 11 alert conditions — S-Tier, A-Tier, and any-tier for both bull and bear, plus squeeze releases and exits
⚙ Fully configurable — all periods, multipliers, thresholds, colors, gates, and dashboard settings adjustable from the settings panel
🚫 No candle coloring — clean chart by default, your candles remain untouched
📏 Non-repainting — all signals confirmed on bar close
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⚙ Settings Reference
📊 Bollinger Bands
BB Length — SMA period for the basis line (default: 30)
BB Multiplier — standard deviation multiplier for band width (default: 2.2)
Source — price source for calculations (default: close)
Show BB Cloud — toggle the gradient band fill
🔷 Keltner Channel
KC Length — EMA period for the center line (default: 30)
KC ATR Multiplier — ATR multiplier for channel width (default: 1.8)
KC ATR Length — ATR calculation period (default: 20)
Show KC Lines — toggle Keltner boundary display
⚡ Squeeze
Show Squeeze Dots — toggle colored dots on the basis line
Alert on Squeeze Release — enable squeeze release alerts
🔭 Forecast
Show Regression Forecast — toggle the projected envelope
Forecast Bars — how many bars forward to project (default: 20)
🎯 Signals
Show Band Touch Signals — master toggle for entry labels
Min Confidence % — minimum confluence score required (default: 60%)
Signal Cooldown — minimum bars between same-direction signals (default: 15)
Show Mean Reversion Exits — toggle ✕ exit markers
📈 RSI Filter
RSI Length — calculation period (default: 14)
RSI Oversold — threshold for oversold scoring bonus (default: 30)
RSI Overbought — threshold for overbought scoring bonus (default: 70)
📐 EMA Trend Filter
Show Trend EMA — toggle the 100 EMA display
EMA Length — EMA period (default: 100)
📊 Volume Filter
Use Volume Confirmation — enable/disable volume gate (default: ON)
Volume Threshold Multiplier — how far above average volume must be (default: 1.2x)
Volume MA Length — period for volume moving average (default: 20)
🏗 Structure Filter
Use Swing Structure Filter — enable/disable swing gate (default: ON)
Swing Lookback — bars to check for swing formation (default: 3)
🎨 Colors
Bull Primary — yellow-green family for all bullish elements
Bear Primary — red family for all bearish elements
Basis / Neutral — orange for basis and neutral elements
Squeeze ON / OFF / Neutral — dot colors for squeeze states
Forecast Bull / Bear — projection envelope colors
Dashboard BG / Text / Neutral — dashboard styling
📋 Dashboard
Show Dashboard — master toggle
Position — corner placement (default: Top Right)
Text Size — Tiny / Small / Normal (default: Small)
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🔔 Alert Conditions
S-Tier Bull Band Touch — fires when a bullish signal with 80%+ confidence appears
A-Tier Bull Band Touch — fires when a bullish signal with 70–79% confidence appears
Any Bull Band Touch — fires on any bullish signal meeting minimum threshold
S-Tier Bear Band Touch — fires when a bearish signal with 80%+ confidence appears
A-Tier Bear Band Touch — fires when a bearish signal with 70–79% confidence appears
Any Bear Band Touch — fires on any bearish signal meeting minimum threshold
Any Band Touch Signal — fires on any entry signal regardless of direction
Squeeze Release — Bullish — fires on bullish squeeze release
Squeeze Release — Bearish — fires on bearish squeeze release
Any Squeeze Release — fires on any squeeze release
Long Exit — Mean Reversion — fires when a long position reaches the BB basis
Short Exit — Mean Reversion — fires when a short position reaches the BB basis
All alert messages include {{ticker}}, {{interval}}, and {{close}} placeholders for webhook integration.
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🎯 Default Settings — Optimized For
The default configuration is specifically tuned for XAUUSD (Gold) on the 1-minute timeframe :
BB Length 30 and Multiplier 2.2 — smooths gold's micro-noise and widens bands to reduce false touches
KC Length 30 and ATR Multiplier 1.8 — matched to BB for proper squeeze detection on gold
Confidence threshold at 30% — aggressively filters low-quality signals while keeping genuine setups
Cooldown at 4 bars (4 minutes) — prevents signal spam during volatile gold transitions
Volume filter enabled with 1.2x threshold — confirms institutional participation
Swing structure filter enabled — requires actual price structure, not random wicks
100 EMA provides ~1.5 hours of trend context on 1-minute
20-bar forecast projects 20 minutes ahead — practical for scalping decisions
For other instruments or timeframes, adjust:
Higher timeframes (5m, 15m, 1H) — reduce BB Length to 20–25, reduce confidence to 45–55%, increase forecast bars to 30–50
Forex majors (EURUSD, GBPUSD) — reduce BB Multiplier to 2.0, reduce KC ATR Multiplier to 1.5, keep confidence at 50–60%
Indices (NAS100, US30, SPX500) — use defaults or increase BB Length to 35–40 for broader structure
Crypto (BTCUSD, ETHUSD) — increase BB Multiplier to 2.5, increase cooldown to 20–25 bars due to higher volatility
Less noise / fewer signals — increase Min Confidence to 70%+, increase Cooldown, enable all gates
More signals / aggressive scalping — decrease Min Confidence to 40–50%, reduce Cooldown to 8–10, disable Swing Structure gate
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👥 Who This Is For
🥇 Gold (XAUUSD) scalpers and intraday traders — built and default-tuned specifically for gold's volatility, noise profile, and session structure
📊 Bollinger Band traders — if you trade band touches and mean reversion, this system adds institutional-grade filtering to your existing strategy
⚡ Squeeze traders — the BB/KC squeeze engine with momentum direction and release markers provides a complete squeeze trading system
📉 Forex and index traders — applicable to all major instruments with minor setting adjustments
🧠 Systematic traders — the confidence scoring system provides a quantitative framework for position sizing and trade selection
📈 Traders who value clean charts — no indicator clutter, no candle painting, no overlapping signals. One cohesive system with consistent color coding
⚠ Traders who struggle with overtrading — the seven quality gates physically prevent low-quality signals from appearing. You cannot overtrade what you cannot see
🔭 Forward-looking traders — the regression forecast gives you a projected roadmap that most indicators do not provide
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📝 Notes
All calculations are non-repainting — signals are confirmed on bar close only
The linear regression forecast updates on each new bar — the projection is a mathematical estimate, not a guarantee of future price action
Volume filter uses the volume data provided by your broker/data feed — for instruments or exchanges with unreliable volume, consider disabling the volume gate
The 200 SMA used in scoring requires 200 bars of history to calculate — on very short chart histories, this factor may not contribute to early signals
Maximum 500 labels per chart are supported by PulseWire — on very low timeframes with extended history, oldest labels may be automatically removed
The forecast polyline uses PulseWire's polyline drawing objects — a maximum of 100 polylines are allocated
Dashboard uses a table object that updates on the last bar — it reflects real-time values on live charts
Squeeze momentum calculation uses the John Carter method — linear regression of the midline-basis deviation over the BB length
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⚠ Disclaimer
This indicator is a technical analysis and visualization tool intended for educational and informational purposes only. It does not constitute financial advice or a recommendation to buy or sell any financial instrument. All signals are generated from historical and real-time price data using mathematical calculations — their accuracy or profitability is not guaranteed. Past performance of any signal type does not guarantee future results. Always conduct your own analysis, use proper risk management, and consult a licensed financial advisor before making any trading decisions. The author accepts no responsibility for any losses incurred from the use of this indicator.
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Built for traders who demand clarity, precision, and institutional-grade filtering from their volatility analysis. Indicator
5 DMA Entry Plus5 DMA Entry Plus - Multi-Strategy Entry Signal Indicator
Overview:
The 5 DMA Entry Plus is a versatile entry signal indicator that combines multiple proven technical analysis methods to identify potential buy opportunities. This indicator is designed to be highly customizable, allowing traders to toggle between different entry strategies or combine them for confluence-based entries.
Key Features:
1. Multiple Entry Strategy Options:
Default Close Above Entry: Triggers when price closes above the 5-day moving average (with optional HMA filter)
Green Wick Candle Signal: Identifies bullish candles where the wick pierces above key moving averages, indicating rejection of lower prices
5DMA Zero/Upslope Entry: Generates signals when the 5DMA is flat or sloping upward, confirming momentum
HMA Cross Entry: Triggers when price crosses above the Hull Moving Average, a responsive momentum indicator
2. Adaptive HMA Filter:
Toggle the HMA (Hull Moving Average) filter on or off to adjust signal sensitivity. When enabled, price must be above both the 5DMA and 20 HMA for confirmation. When disabled, only the 5DMA is required, generating more frequent signals.
3. Smart Reset Logic:
The indicator includes intelligent reset functionality that prevents signal spam. Once an entry signal is generated, no new signals appear until price closes below the moving average(s), ensuring clean, actionable entries without clutter.
4. Visual Components:
5-Day Moving Average (Blue Line): The primary trend reference
20-Period Hull Moving Average (Orange Line): Fast-responding momentum filter
Buy Signals (Green Labels): Clear "Buy" labels appear below candles when entry conditions are met
Built-in Alerts: Set up custom alerts to be notified when entry signals trigger
Customizable Inputs:
Use HMA Filter: Enable/disable the 20 HMA confirmation requirement
Include Green Wick Candle Signal: Toggle wick-based entry detection
Use 5DMA Zero/Upslope Entry: Enable slope-based entry logic
Use HMA Cross Entry: Enable HMA crossover signals
HMA Length: Adjust the Hull Moving Average period (default: 20)
Best Use Cases:
Swing trading on daily and 4-hour timeframes
Identifying pullback entries in uptrends
Combining multiple confirmation signals for high-probability setups
Filtering entries in momentum-based strategies
Strategy Flexibility:
This indicator allows you to use each entry method independently or combine multiple methods for confluence. Test different combinations to find what works best for your trading style and the instruments you trade.
Risk Management Note:
This indicator identifies potential entry points but does not provide exit signals or stop-loss levels. Always use proper risk management and combine with your own exit strategy. Indicator
Kaufman Trend Strength Signal█ Overview
Kaufman Trend Strength Signal is an advanced trend detection tool that decomposes price action into its underlying directional trend and localized oscillation using a vector-based Kalman Filter.
By integrating adaptive smoothing and dynamic weighting via a weighted moving average (WMA), this indicator provides real-time insight into both trend direction and trend strength — something standard moving averages often fail to capture.
The core model assumes that observed price consists of two components:
(1) a directional trend, and
(2) localized noise or oscillation.
Using a two-step Predict & Update cycle, the filter continuously refines its trend estimate as new market data becomes available.
█ How It Works
This indicator employs a Kalman Filter model that separates the trend from short-term fluctuations in a price series.
Predict & Update Cycle : With each new bar, the filter predicts the price state and updates that prediction using the latest observed price, producing a smooth but adaptive trend line.
Trend Strength Normalization : Internally, the oscillator component is normalized against recent values (N periods) to calculate a trend strength score between -100 and +100.
(Note: The oscillator is not plotted on the chart but is used for signal generation.)
Filtered MA Line : The trend component is plotted as a smooth Kalman Filter-based moving average (MA) line on the main chart.
Threshold Cross Signals : When the internal trend strength crosses a user-defined threshold (default: ±60), visual entry arrows are displayed to signal momentum shifts.
█ Key Features
Adaptive Trend Estimation : Real-time filtering that adjusts dynamically to market changes.
Visual Buy/Sell Signals : Entry arrows appear when the trend strength crosses above or below the configured threshold.
Built-in Range Filter : The MA line turns blue when trend strength is weak (|value| < 10), helping you filter out choppy, sideways conditions.
█ How to Use
Trend Detection :
• Green MA = bullish trend
• Red MA = bearish trend
• Blue MA = no trend / ranging market
Entry Signals :
• Green triangle = trend strength crossed above +Threshold → potential bullish entry
• Red triangle = trend strength crossed below -Threshold → potential bearish entry
█ Settings
Entry Threshold : Level at which the trend strength triggers entry signals (default: 60)
Process Noise 1 & 2 : Control the filter’s responsiveness to recent price action. Higher = more reactive; lower = smoother.
Measurement Noise : Sets how much the filter "trusts" price data. High = smoother MA, low = faster response but more noise.
Trend Lookback (N2) : Number of bars used to normalize trend strength. Lower = more sensitive; higher = more stable.
Trend Smoothness (R2) : WMA smoothing applied to the trend strength calculation.
█ Visual Guide
Green MA Line → Bullish trend
Red MA Line → Bearish trend
Blue MA Line → Sideways/range
Green Triangle → Entry signal (trend strengthening)
Red Triangle → Entry signal (trend weakening)
█ Best Practices
In high-volatility conditions, increase Measurement Noise to reduce false signals.
Combine with other indicators (e.g., RSI, MACD, EMA) for confirmation and filtering.
Adjust "Entry Threshold" and noise settings depending on your timeframe and trading style.
❗ Disclaimer
This script is provided for educational purposes only and should not be considered financial advice or a recommendation to buy/sell any asset.
Trading involves risk. Past performance does not guarantee future results.
Always perform your own analysis and use proper risk management when trading. Indicator
Indicator
SuperTrend Entry(My goal creating this indicator) : Provide a way to enter the market systematically, automatically create Stop Loss Levels and Take Profit Levels, and provide the position size of each entry based on a fix Percentage of the traders account.
The Underlying Concept :
What is Momentum?
The Momentum shown is derived from a Mathematical Formula, SUPERTREND. When price closes above Supertrend Its bullish Momentum when its below Supertrend its Bearish Momentum. This indicator scans for candle closes on the current chart and when there is a shift in momentum (price closes below or above SUPERTREND) it notifies the trader with a Bar Color change.
Technical Inputs
- If you want to optimize the rate of signals to better fit your trading plan you would change the Factor input and ATR Length input. Increase factor and ATR Length to decrease the frequency of signals and decrease the Factor and ATR Length to increase the frequency of signals.
Quick TIP! : You can Sync all VFX SuperTrend Indicators together! All VFX SuperTrend indicators display unique information but its all derived from that same Momentum Formula. Keep the Factor input and ATR Length the same on other VFX SuperTrend indicators to have them operating on the same data.
Display Inputs
- The indicator has a candle overlay option you can toggle ON or OFF. If toggled ON the candles color will represent the momentum of your current chart ( bullish or bearish Momentum)
your able to change the colors that represent bullish or bearish to your preference
- You can toggle on which shows the exact candle momentum switched sides
your able to change the colors that represent a bullish switch or bearish switch to your preference
- The trader can specify which point you would like your stop loss to reference. (Low and High) Which uses the Low of the Momentum signal as the reference for your Stop Loss during buy signals and the High as the reference during sell signals. Or (Lowest Close and Highest Close) which uses the Lowest Close of the Momentum signal as the reference for your Stop Loss during buys and the Highest Close as the reference during sells.
- The colors that represent your Stop Loses and Take Profits can also be changed
Risk Management Inputs
- Your Risk MANAGMENT section is used to set up how your Stop Loss and Take Profit are calculated
- You have the option to take in account Volatility when calculating your Stop Loss. A adjusted ATR formula is used to achieve this. Increase Stop Loss Multiplier from 0 to widen stops.
- Increase Take Profit Multiplier from 0 to access visual Take Profit Levels based on your Stop Loss. This will be important for traders that Prefer trading using risk rewards. For Example: If the the Take Profit Multiplier is 3 a Take Profit level 3 times the size or your stop loss from your entry will be shown and a price number corresponding to that Take Profit Level becomes available.
- Enter your current Account size, Bet Percentage and Fixed Spread to get your Position Size for each trade
-Toggle on the Current Trade Chart and easily get the size of your Position and the exact price of your Take Profit and Stop Loss.
You can increase the Size of the Current Trade Chart= Tiny, Small, Normal, Large, Huge and change the Position of the Current
trade Chart to your preference, (Top- Right, Center, Left) (Middle- Right, Center, Left) (Bottom- Right, Center, Left).
How it can be used ?
- Enter Trades and always know where your stop is going to be
- Eliminate the need to manual calculate Position Size
- Get a consistent view of the current charts momentum
- Systematical enter trades
- Reduce information overload Indicator
