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Key Features : SpectrumMaster Pro+ Day Trading Algo 1.1

Custom Indicators

 

  1. Multiple Strategies:

    • THA: Reversal: Detects market reversals.
    • MA (Moving Average): Utilizes various moving average types for trend analysis.
    • TRM (Trend Reversal Momentum): Identifies momentum changes in trends.
    • RSI Color: Uses RSI (Relative Strength Index) to color-code bars based on strength and momentum.

  2. Customizable Indicators:

    • Tilson MA (T3 MA): Provides smoother moving average calculations to reduce noise.
    • HEMA MA (Heikin-Ashi Moving Average): Uses Heikin-Ashi data for trend analysis.
    • PSAR (Parabolic Stop and Reverse): Helps determine potential stop and reverse points in trends.
    • RSI (Relative Strength Index): Measures the speed and change of price movements.
    • TSI (True Strength Index): Identifies the strength of a trend.

  3. Visual Aids and Overlays:

    • Option to show/hide specific indicators (Tilson MA, HEMA MA, PSAR).
    • Heikin-Ashi candle overlays for simplified trend visualization.
    • Customizable candle types: Hollow, Bars, and Candles.
    • Display actual close values even when using overlays.

  4. Advanced Alerts:

    • Configurable alerts for various market conditions and indicator crossovers.
    • Alerts can be set to trigger once per bar or once per bar close.
    • Specific alerts for buying/selling signals, reversals, and momentum changes.

  5. Statistical Rating System:

    • Displays a comprehensive table with the current trading signals and conditions.
    • Provides a summary of indicators' statuses with color-coded visual cues.

  6. Pressure Bands:

    • Calculates and plots upper and lower pressure bands based on standard deviation.
    • Multiple band levels with customizable multipliers for detailed analysis.

  7. Bollinger Band Squeeze Indicator:

    • Detects and plots squeeze conditions, indicating potential breakouts.
    • Highlights candles during squeeze periods for easy identification.

  8. Volume Oscillator:

    • Analyzes volume trends to confirm price movements or detect divergences.
    • Plots volume oscillator values and highlights significant crossings.

  9. EMA Reversion & Initial Profit Signal:

    • Marks candles that are significantly far from the 5 EMA.
    • Provides visual cues for potential reversion points and profit-taking opportunities.

  10. Comprehensive Customization:

    • Extensive input options for lengths, colors, and display settings.
    • Flexibility to adjust settings for various trading styles and preferences.

  11. User-Friendly Interface:

    • Intuitive parameter groups for easy configuration.
    • Tooltips and inline descriptions to assist with setup and understanding.
    • Clear and concise visual representation of trading signals and market conditions.

Conclusion

THADI: SpectrumMaster Pro+ Day Trading Algo 1.1 is a powerful and flexible tool for day traders, offering a wide range of features and customization options. It provides a comprehensive set of indicators, alerts, and visual aids to enhance trading decisions and improve market analysis.

 

 

 

 

 

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