Examples of signal combinations
Last updated
Last updated
To create more accurate trading signals, you can combine multiple alert conditions using the "AND" logical operation. This narrows down the conditions for signal activation, making it more specific and potentially reducing the number of false triggers.
Example 1: Identifying a Potential Upward Price Reversal
The alert combines the following conditions:
Distance from MA50 to price in % less than +2%
This condition indicates that the price is approaching MA50 but has not yet crossed it, with the price being below MA50, as MA50 is above the current price.
🔴 MA 50 above price
MA50 is above the current price, confirming that the price is indeed below MA50.
Distance from price to MA50 in % greater than +1%
Indicates that after approaching MA50, the price starts moving away from it, remaining below MA50. This could signal the beginning of an upward trend reversal.
This combination signals a possible start of an uptrend after the price has sufficiently approached MA50 but remains below it, indicating a potential reversal from a downtrend to an uptrend.
Example 2: Potential Downward Price Reversal
The alert combines the following conditions:
Distance from price to MA50 in % less than +2%
This condition indicates that the price is approaching MA50 from above, but has not yet crossed it downwards, with the price being above MA50, as MA50 is below the current price.
🟢 MA 50 below price
MA50 is below the current price, confirming that the price is indeed above MA50.
Distance from MA50 to price in % greater than +1%
Indicates that after approaching MA50 from above, the price starts moving away from it, remaining above MA50. This could signal the beginning of a downward trend reversal.
These examples should help you understand the dynamics of price movement relative to MA50 and provide a clearer picture of potential trend reversals. It's important to understand that in the first example, we anticipate a possible upward reversal under the condition that the price was below MA50 and starts to distance itself after approaching. Conversely, in the second example, the price was above MA50 and may begin a downward reversal after approaching MA50 and subsequently moving away from it.
