Premium Features
Custom Sources Architecture
Version 2.0 introduces a powerful custom sources architecture that revolutionizes how you can analyze market data:
- Process up to 5 external data sources simultaneously
- Leverage up to 10 dimensional features for analysis
- Perform multi-timeframe data processing
Feature Engineering
The enhanced feature engineering system allows you to:
- Integrate custom indicators from TradingView
- Apply advanced normalization algorithms
- Cross-reference multiple data sources for improved accuracy
Dynamic Kernel Regression Ribbon
The kernel regression ribbon provides real-time market analysis through:
Visual Components
- Real-time kernel estimate visualization
- Color-coded prediction strength indicators
- Automatic support/resistance identification
Analysis Capabilities
- Instant trend strength feedback
- Early reversal warning system
- Market regime change detection
Mean Reversion Detection System
The mean reversion system represents a major advancement in identifying market reversals. It combines sophisticated mathematical models with multi-factor confirmation to generate reliable signals.
Implementation Features
Designed for both scalpers and swing traders, the system offers:
- Precise scalping optimization
- Comprehensive swing trading capabilities
- Customizable alert conditions
- Dynamic exit point synchronization
Signal Backtesting Framework
Signal Range (-5 to +5)
Signal | Meaning | Application |
---|---|---|
±5 | Strong reversals | Highest probability mean reversion opportunities |
±4 | Regular reversals | Standard mean reversion entries |
±3 | First pullbacks | Optimal trend-following entries |
±1,±2 | Trade entries/exits | Position management signals |
Implementation Features
- Comprehensive Historical Analysis: Use PineScript's Strategy Tester or an external Backtest Adapter to validate signals over large data samples.
- Custom Alerts & Automation: Tie specific numeric ranges to TradingView alerts, and even integrate with auto-trading bots.
- Performance Tracking: The built-in stats panel can guide real-time calibration. Though not a replacement for thorough backtesting, it offers immediate feedback on each signal's effectiveness.
Pro Tip
Combine multiple signal types to create sophisticated trading strategies. For example, use ±5 signals for mean reversion trades while using ±3 signals to enter trending markets.