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[Top] Indicator Status Panel

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This tool allows traders quickly assess the market’s current bullish or bearish conditions using multiple widely-adopted technical indicators.

Key Features:
  • Real-time Market Status: Quickly identifies bullish, bearish, or neutral signals based on key indicators, including EMA crossovers, RSI levels, ADX strength, MACD signals, Bollinger Bands positioning, Keltner Channels, and Price Action thresholds.
  • Customizable Thresholds: Users can tailor indicator parameters, including EMA lengths, RSI thresholds, ADX strength, MACD settings, Bollinger Bands standard deviations, and Keltner Channel parameters.
  • Color-Coded Interface: Intuitive color-coding (Green for bullish, Red for bearish, Grey for neutral) enables rapid interpretation of the current market condition for each indicator.
  • Alert Integration: Provides alerts when multiple indicators become bullish simultaneously, supporting proactive trading decisions.


How to Use:
  1. Configure Indicators: Set your preferred lengths and thresholds for each indicator group (EMA, RSI, ADX, MACD, Bollinger Bands, Keltner Channels, Price Action).
  2. Monitor Conditions: Observe the color-coded panel displayed at the bottom-center of your chart. Green signals bullish momentum, red indicates bearish conditions, and grey represents neutrality.
  3. React to Alerts: Utilize the built-in alerts to notify you when multiple indicators align bullishly, enhancing your strategic timing for entries or exits.


Suggested Use:
Ideal for traders seeking confirmation from multiple technical signals before making trade decisions. Employ this tool alongside your broader market analysis to confirm trend strength, assess market sentiment, and improve trading confidence.

Penafian

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