UltraTrend Pro - Phoenix Engine Edition

UltraTrend Pro – Phoenix Engine Edition

Overview

This is a technical analysis tool designed to help identify the current market trend and provide context on the market's "personality." It is built around a proprietary Phoenix Engine that analyzes price action to classify the market into distinct regimes—such as strong trends, weak trends, or choppy conditions—and then adapts its core algorithm accordingly.

Technical Features

The indicator is built on these main ideas:



1. The Phoenix Engine (Market Regime Classification):
Instead of using a one-size-fits-all approach, the Phoenix Engine constantly analyzes price volatility, strength, and stability to classify the current market into one of several regimes:

* Strong Trend (Up/Down): Clear, high-momentum directional movement.

* Medium/Weak Trend (Up/Down): Developing or fading directional movement.

* Ranging: Sideways price action with low volatility.

* Volatile: Large price swings but with no clear direction.

* Choppy: Unpredictable, messy price action to be cautious of.
This classification is displayed in real-time in the on-screen "Market Regime Display."


2. AI-Style Adaptive Trend Algorithm:



When "AI-Style Adaptation" is enabled, the core trend-following algorithm automatically adjusts its own internal parameters (Sensitivity and Period) based on the regime detected by the Phoenix Engine.

* In strong trends, it becomes less sensitive to ride the trend longer.

* In choppy or volatile markets, it becomes more conservative to help filter out noise.
This allows the indicator to dynamically adapt its behavior to the ever-changing personality of the market.


3. Adaptive Fibonacci TP/SL System:



The indicator's Take Profit (TP) and Stop Loss (SL) levels can operate in two modes:

* Standard Mode: Uses fixed Risk-Reward ratios set by the user.

* Adaptive Mode: This is the AI-style feature. It analyzes the historical success rate of signals within the current market regime to calculate and display:
* Adjusted TP/SL Levels: Levels are automatically widened or tightened based on what has historically worked best in that specific regime (e.g., wider TPs in strong trends, tighter TPs in ranging markets).

* Success Probabilities: An estimated probability (%) of reaching each TP level is shown on the chart.

* Expected Duration: An estimated time-to-target (in bars) is displayed for each TP, helping with trade management expectations.


4. Built-in Backtest & Data Analysis Engine:



To power the adaptive system, the indicator includes a powerful backtest engine that scans historical signals. It can operate in two modes:

* Deep Historical Scan: Analyzes thousands of past candles to build a robust statistical baseline.

* Recent Signals Only: Focuses only on the most recent signals within each regime, allowing the system to adapt more quickly to changing market character.
The results are displayed in a comprehensive on-screen "Backtest Statistics Table."


5. Multi-Layered Filtering System:



To qualify signals, the indicator allows for additional filters, including:

* Dual Moving Averages: Ensure signals align with a broader market trend (e.g., above the 200 SMA).

* Trading Session Filter: Restricts signals to specific user-defined trading hours.


How to Use This Indicator

1. Use the Feature Control Panel: The settings menu has been simplified. The top sections allow you to quickly toggle major visual components on or off to customize your chart.

2. Enable AI-Style Adaptation (Recommended): For the indicator to use the Phoenix Engine to its full potential, ensure "Enable AI-Style Adaptation" is checked.

3. Observe the Market Regime Display: This on-screen table is your guide to the current market's personality. It tells you the detected regime, its strength, and how the indicator is adapting.

4. Watch for Signals: A "BUY" or "SELL" signal indicates that the trend algorithm has detected a potential shift in direction.

5. Assess Adaptive TP/SL Levels: When a signal appears, observe the on-chart TP levels. The displayed probabilities and expected durations provide valuable context for managing the trade. For example, a high-probability TP1 with a short duration might be a good scalping target.

6. Use Tables for Deeper Insight: The "Backtest Statistics Table" provides a detailed breakdown of how signals have historically performed in each market regime, helping you decide which setups to trust more.


Intended Use & Limitations

* Recommended Assets: Designed for use on all assets. The Phoenix Engine's adaptive nature allows it to adjust to different market types automatically.

* Timeframes: Can be used on all timeframes.


Limitations:

* This is a tool to support analysis. It does not generate automatic buy or sell advice.

* The indicator is not a standalone strategy and does not guarantee results. Users are responsible for their own trading decisions.

* Probabilities and statistics are based on historical data and do not predict future results.

* Always use this tool in combination with your own analysis and a robust risk management plan.


We believe that no indicator is a magic solution. Technical analysis tools provide value through their convenience, adaptability, and unique logic. Combining these elements can help a trader make more educated and planned decisions, hopefully contributing to their overall success.