How To Use
Compression Indicator
How To:
The chart example shows two possible trades taken on ES. Once an arrow appears, we enter the trade as soon as possible. Next, a stoploss is placed at a recent support/resistance level or recent high/low. Then, a take profit is set at a 1:1 risk-to-reward based on the stoploss.
This is just an example of how this indicator can be used. Feel free to integrate it into any existing strategy. It also features built-in alerts that notify you upon arrow confirmation.
Make sure to enable extended trading hours to allow for more consistent signals.
Settings:
In the indicator settings, you can choose a value between 0.01 and 1. The higher the number, the looser the indicator’s filtering will be. Increasing the value results in fewer but broader conditions for trade signals, while lower values apply stricter filtering and tighter conditions.
Disclaimer:
This indicator and its examples are for educational and informational purposes only and do not constitute financial advice. We are not licensed financial advisors. All trading involves risk, and you should trade based on your own analysis and discretion.
Breakout Indicator
How To:
The chart example shows two possible trades taken on ES. A trade is entered immediately when a down arrow appears. The stoploss is placed at the yellow line, which is calculated using volatility features and support/resistance levels. The take profit is then set at a 1:1 risk-to-reward based on that stoploss.
For the next trade, a long arrow appears. Since the yellow line is above the long arrow, the stoploss is manually placed at a recent low. A take profit is again placed at a 1:1 risk-to-reward relative to that stoploss.
This is just one example of how this indicator can be used. Feel free to integrate it into any trading style or strategy. The indicator also includes built-in alerts to notify you when an arrow confirms.
Important:
Make sure to enable extended trading hours for more consistent signal generation.
Settings:
Spike Filter: Toggle this on or off to filter signals. When enabled, it only displays more aggressive signals than usual.
Spike Lookback Length: Sets how many previous candles (e.g. 5) to reference when identifying spikes.
Dynamic Arrow Strictness: Enter a value between 0.01 and 1. Lower values apply stricter filtering, while higher values loosen conditions, resulting in fewer but broader signals.
Disclaimer:
This indicator and its examples are for educational and informational purposes only and do not constitute financial advice. We are not licensed financial advisors. All trading involves risk, and you should trade based on your own analysis and judgment.
Compression Flow Indicator
How To:
The chart example displays two dynamic levels: the High Line and the Low Line. The High Line represents the upper boundary where price may reach, while the Low Line highlights the potential lower boundary.
The lines shift color based on trend direction — turning green during predicted uptrends and red during anticipated downtrends. This indicator is an excellent complement to existing strategies, offering an additional layer of clarity and confirmation.
You may enable extended trading hours for more consistent trend generation.
Settings:
Input Multiplier: Adjusts the sensitivity of trend detection. A lower value (e.g., 0.01) makes the indicator more responsive to minor trend changes, while a higher value (up to 2) filters out minor fluctuations, focusing on more significant trends.
SMA Length: Determines the lookback period for the SMA component. While the plotted lines are influenced by SMA, they also factor in ATR and price movements, offering a more comprehensive trend analysis than a traditional SMA alone.
Disclaimer:
This indicator and its examples are for educational and informational purposes only and do not constitute financial advice. We are not licensed financial advisors. All trading involves risk, and you should trade based on your own analysis and judgment.