Bullish/Bearish Signal Detector

Uptrick: Bullish/Bearish Signal Detector

The Uptrick: Bullish/Bearish Signal Detector is an advanced indicator designed to pinpoint precise bullish (buy) and bearish (sell) signals using a powerful combination of MACD momentum and RSI strength. By overlaying signals directly on the chart, this tool helps traders quickly identify optimal entry and exit points, streamlining decision-making and improving efficiency.

Key Features

1. Combined MACD & RSI Analysis

   • Utilizes the MACD histogram to assess momentum and RSI to gauge relative strength.

   • This dual-check system ensures accurate signals by filtering out false positives.

2. Customizable Label Appearance

   • Allows users to personalize label colors and text for easy distinction between bullish (LONG) and bearish (SHORT) signals.

   • Enhances visualization for quick interpretation during fast-moving markets.

3. Signal Conditions

   • Bullish Signals: Triggered when the MACD histogram is positive, and RSI is above 50.

   • Bearish Signals: Triggered when the MACD histogram is negative, and RSI falls below 50.

   • This dual-confirmation approach ensures that signals are backed by both momentum and relative strength indicators.

4. Signal Tracking

   • Prevents repetitive labels by tracking the last signal and only marking significant shifts.

   • Ensures chart clarity by spacing out signals for better readability.

5. Real-Time Detection

   • Calculates MACD and RSI values for each new bar, generating signals immediately as conditions are met.

   • Helps traders stay ahead by identifying opportunities in real time.

Benefits

• Precise Entry & Exit Points:
  Clearly marked "LONG" and "SHORT" labels give traders the confidence to act on reliable signals.

• Reduced Chart Clutter:
  Signal tracking and customizable labels keep the chart clean and organized, improving signal visibility.

• Adaptable to Any Strategy:
  Works across various trading styles and markets, with flexible MACD and RSI settings to suit individual preferences.

The Uptrick: Bullish/Bearish Signal Detector is an indispensable tool for traders aiming to detect market trends and reversals with ease and precision. By combining MACD and RSI analysis, it delivers accurate, actionable signals while simplifying technical analysis. This indicator adds a powerful layer to your trading arsenal, helping you make informed decisions and achieve better trading outcomes.