Learn more at at https://hypester.org/spectro-indicator/
The new BADASS Spectro™ M
Ok, I gotta say this is so cool that I've been dying to write this release note, we're really proud with the amazing features we are releasing and the fact we could deliver them without raising the prices.
Spectro™ Alerts New Settings
The classic and loved entry/exit point finder, and now you can set the Spectro™ Alerts to your own preferences from aggressive to the safest triggering style. So now it can adapt to any trading style easily, from minute-leveraged scalping to yearly positions.
Spectro™ Indicator (Pro 8X Indicator)
This is the Spectro™ brain, and before this update, it was an indicator that was worth extra $10, but now we decided to implement it on the M version for free! Knowing how Spectro™ is behaving will give you an edge when forecasting entry/exit points.
Spectro™ Direction Change Alerts
A life saver, subscriber's words not mine. Spectro™ plots warning signs when it detects possible trend changes before they happen!
Another heavily requested feature, now you can check buy/sell alerts from other timeframes on your chart. Let's say you're trading on 5M but you only want the strongest signals, so you set your custom timeframe to 15M. Or if you are trading a 12H timeframe and you are sure of a reversal and you're trying to catch the bottom so you play around with the custom resolution around 30M~2H for a more reactive triggering.
Or you might just want to confirm if you have a buy on the Daily before proceeding, that's a smart way to check the mid-range trend.
This is dope. I wish I could be more polite but this is as badass as it gets. This awesome new feature will tell you when the price is growing or decreasing out of the "organic" area, therefore, it will warn that whatever you're seeing, you shouldn't. In plain English: It means a reversal is coming.
But it doesn't only warns you about reversals several bars before, it also forecasts the future price targets for the respective reversal!
Also, the coloring of the cloud helps you find the bottom/top, the very beginning of the following reversal.
X Algo Confirmations
This is practical as ****! We know you guys are always checking other indicators to improve your odds so we decided to do it for you, but faster, better and more precise. We called it X because it checks so many indicators that we just called it X.
This is a proprietary blend weighted average between several indicators, you can name all the common ones... , , , BB, DMI, ATR, , OBV, , , , , EMO , TSI, Waves, Patterns, Fibonacci LEVELS...well you get it... plus 3 proprietary indicators on the conservative mode. Now speaking English: We check up to 20 indicators for you and deliver it in a way that all it takes is one second to check ALL of them.
It also has an aggressive, moderate and conservative mode. The difference is just the amount indicators we check for you, more confirmations you need, more conservative you are.
Trend Analyser 2.0
We offer 3 types of TA. A brand-new proprietary price-based trend analyzer that warns you about violent price change and corrections, an MA blend good for scalping and spotting trend reversals and a classic fully customizable MA crossing.
Spectro offers you 8 different types of the most popular moving averages for the custom mode, from Simple Moving Averages to Moving Averages - so that creates 64 basic trend analyzer options. You can change the lookback (length) period, time frame resolution, and more. Resulting in a very flexible, simple to use and powerful trend analyzer with endless customization options.
Liked it? Give it a shot at, it's really affordable - you wouldn't believe if I told you: https://hypester.org/spectro-indicator/
STOCH, RSI, STOCH RSI, BB, DMI, ATR, MFI, OBV, CCI, MFI, DPO, 2 types of MACD, EMV, CMO, TSI, Elliot Waves Premises, Fractal Patterns, Fibonacci Levels.
We use a weighted average and we are constantly testing the weights and parameters to achieve maximum precision.
Code & Performance Improvement (100 lines of code eliminated)
Noise Filtering Update (updated normalizing algorithm)
Custom Trend Analyzer Performance Update
Improved Customization Panel UI &UX Interface
FRAMA Removed (poor pine support for recursive functions)
Spectro Safest(#4) Triggering System Eliminated
Just remove and re-apply the indicator to update!
Now we offer a handy and efficient pivot system, 2 static pivots and 2 dynamics.
1. Adaptative Fibonacci
2. BB Fibonacci
3. Full Fibonacci
4. Murrey's Math
-10 lines reduced
-13 redundant variables removed
- Custom MA Trend Analyzer length bug
- Some features were not working on certain assets
(Labels won't show in certain assets due to some PINE script limitations and maybe a bug in their language, we got in touch with support already to know how to proceed)
Scalper TA now only displays reversal moments as default
Now you can set alerts for:
- Specter Clouds Appear
- X Confirmation Bullish & Bearish Appear
- Price Crossing Auto Pivo Levels
Titles were optimized for usability
More Alert Options Were Included
- Volume Analyzer
1. Scalp Mode
2. Sine Wave Mode
3. Long Trend Mode
4. Precision Mode
- Extra Reversal Tools
1. RSI Method
2. Scalp Exhaustion Method
3. Volume Method
4. Spectral Range Method
- Volatility Tools
1. Alpha-Omega Future Volatility Index
- Trend Analyzer
1. Specter Price Mode
2. Specter Volume Mode
3. Smart Trend BETA
4. Cumulative Mode
5. Ehlers MA Mode
Spectro M is becoming the ultimate trading system, and quite possibly the only one you'll ever need. Whatever style, market or background you're used to, in Spectro you will find endless combinations that go beyond simple trading strategies.
You'll be able to find the best combination for whatever situation you're trading, from trends to violent reversals - Spectro M has got you covered.
We made the interface even simpler, removing all the custom configs and implementing the most robust and used ratios so you only worry about trading and don't waste time crunching small numbers.
Spectro will be an all-in-one trading system, and we will also offer our most used features as separate indicators for those of you who love tweaking and finding your best configs.
- Reversal & Volatility Warnings Shrinking Chart
- Minor Color Conflicts
- X Cong Formula Improvement
- Code Optimization
- New Features Alert Optimization
- Style Menu Complete Revamp
- Coloring Rework
-Small Spectro Warning Fix(label disappearing when zoomed out)
-Re-Added Spectro Custom Timeframe Capacity
-Now you can turn the Spectro Oscillator on independently from the text Spectro Text Alerts
Performance Improvement across all types of candles(100% same performance now for any type of candle)
- Scalp Exhaust Alert Fixed
- Styling Code Optimization
- Minor Bug Fixes