SignalX TREND

26 Jul

📊 Description of the SignalX TREND Channel Indicator

The SignalX TREND indicator is a visual tool designed to identify market direction and optimal buy/sell zones directly on the chart. It automatically builds a sloped channel by detecting whether the current trend is bullish or bearish and highlights key areas for trading:

🔍 Main Features of the Indicator:

✅ 1. Automatic Trend Direction Detection
The indicator draws an inclined channel, oriented:

Upwards (Bullish trend) — 🔼

Downwards (Bearish trend) — 🔽

🎯 2. Colored Zones of the Channel:

Green Zone – Ideal area for buying:
Located at the bottom of the channel.
✅ Enter long positions only if the channel is bullish.

Red Zone – Ideal area for selling:
Located at the top of the channel.
✅ Enter short positions in both bullish and bearish trends.

🧠 How to Interpret the Signals:

Channel Direction Buy (Bottom) Sell (Top)
🔼 Bullish ✅ Yes (Green zone) ✅ Yes (Red zone)
🔽 Bearish ❌ No ✅ Yes (Red zone)

📈 Additional Notes:

The midline (green or neutral) acts as the trend axis, useful as a take-profit level or potential re-entry point.

The channel helps avoid trading against the trend and clearly shows the best areas to enter and exit the market.

💡 Example Strategy:

Bullish Channel:
Wait for a touch in the green zone (bottom) → Enter long.
Take profit at the midline or in the red zone (top).

Bearish Channel:
Ignore buys in the green zone.
Wait for a touch in the red zone (top) → Enter short.

⚙️ Settings for the SignalX TREND Indicator

📌 Tab: Parameters
Length (Channel Length): 300

This setting defines the depth of the analysis — i.e., the number of candles used to build the regression channel.

30 Jul

Nota Keluaran

SignalX TREND + Volume

🔍 What this indicator does:
This combined indicator helps traders:

Visualize price trends using a regression channel (dynamic trendlines).

Detect significant volume spikes above the moving average (MA), which may indicate smart money activity, breakouts, or exhaustion.

Confirm potential trade entries or exits by combining trend direction with volume surge confirmation.

🔧 Main Components Explained:
🔹 1. Regression Trend Channel
Uses linear regression to draw a center line and two deviation bands (upper and lower).

Helps visualize whether the market is trending up or down.

Color-filled area between bands shows trend direction.

📈 Usage:
Price above upper band: Possible overextension or breakout.

Price below lower band: Possible reversal zone or oversold.

Pearson R: Optional correlation strength display.

🔹 2. Volume Spike Detection
Compares current bar's volume with the volume MA.

Shows spikes when volume is:

≥ 150% of MA → moderate spike.

≥ 200% of MA → strong spike.

Signals:

Green arrow up: Volume spike on bullish candle.

Red arrow down: Volume spike on bearish candle.

Lime triangle: Strong bullish spike (≥200%).

Maroon triangle: Strong bearish spike (≥200%).

📈 Usage:
Use spikes to confirm trend moves or validate breakout candles.

Ignore low-volume breakouts, as they are often fakeouts.

✅ How to use in strategy:
🔹 Entry:
Wait for price to approach the lower trend channel band in an uptrend (or upper band in a downtrend).

Look for a volume spike (≥150%) in the direction of the trend.

Enter on confirmation candle (after spike closes).

🔹 Exit or Reversal:
Consider taking profit when price exits the regression channel with a volume spike against the trend.

Watch for trend change signals via Pearson R drop or alert condition trigger.

⚠️ Tips:
Use on 5-minute and higher timeframes for clearer trend structure.

Combine with support/resistance or Supply/Demand zones for better confluence.

Set alerts on Regression Channel Exited for key breakouts or trend reversals.