Trade Copilot
Overview
Trade Copilot is an advanced trade assistant designed to give you extra data and insights for your trading. It is powered by machine learning and advanced algorithms that are based completely on statistics and probabilities. This tool is highly adaptive and dynamic, meaning it continues to learn and improve over time.
Trade Copilot includes two main features to help you analyze the market:
Detect Reversals: This feature intelligently spots potential market reversals based on the oscillator's movement.
Detect Impulse: This feature predicts large and important market moves before they happen, giving you an early warning.
Detect Reversals
Overview
The Detect Reversals feature identifies potential turning points in the market. When it detects a possible reversal, it displays a triangle on your chart. The visibility of the triangle tells you about the signal's importance:
More Visible Triangle: This indicates a more significant and high-confidence reversal signal.
Less Visible Triangle: This suggests a less significant, lower-confidence reversal signal.
This allows you to quickly see how strong a potential reversal might be.
Settings
You can adjust the reversal detection settings to fit your trading style.
Reversal Detection (Toggle ON/OFF)
Turns the intelligent reversal detection signals on or off. When enabled, it clearly highlights potential market reversals.
Reversal Filter (User Input: 1-10)
Controls how often signals appear and their confidence level. A lower number gives more reversal signals with lower confidence. A higher number gives fewer, higher-confidence signals.
Best Practices & Usage
Confirm with Signal Strength: Pay closer attention to the triangles that are more visible, as they represent higher-confidence reversal points.
Combine with Other Tools: For best results, use the reversal signals along with other indicators to confirm your trading idea. A reversal signal in a key liquidity zone is often more powerful.
Adjust Filter for Your Style:
Day Traders/Scalpers: Might use a lower filter setting (e.g., 4-7) to see more potential opportunities.
Swing/Position Traders: Should use a higher filter setting (e.g., 8-10) to focus only on the most significant, confirmed reversal points.
Detect Impulse
Overview
The Detect Impulse feature uses advanced AI to predict when a large and significant market move is about to occur. It displays a diamond on your chart to signal a potential impulse move. Like the reversal signals, the visibility of the diamond indicates its importance:
More Visible Diamond: Signals a higher-confidence prediction of a significant market move.
Less Visible Diamond: Signals a lower-confidence prediction.
This feature helps you prepare for major price swings before they happen.
Settings
You can configure the impulse detection to match your market outlook and risk tolerance.
Detect Impulse (Toggle ON/OFF)
Turns the AI-powered impulse detection on or off. When enabled, it predicts large trend movements using statistical analysis.
Impulse Sensitivity (User Input: 1-10)
Controls how far ahead the prediction looks and how reactive it is. A lower number predicts shorter-term moves (e.g., 2-5 candles ahead) and is more reactive. A higher number predicts longer-term moves (e.g., 10-20 candles ahead) and is more stable.
Impulse Filter (User Input: 1-10)
Controls the sensitivity and confidence of the impulse prediction. A lower number gives more frequent signals with lower confidence. A higher number gives fewer signals with higher confidence.
Min Move (ATR) (User Input: 0.1-5.0)
Sets the minimum size of the expected move for an impulse signal, measured in ATR (Average True Range) units. A lower number will detect smaller potential moves, while a higher number will only detect larger ones.
Best Practices & Usage
Anticipate Market Moves: Use the diamond signals to prepare for potential breakouts or strong trend continuations. A visible diamond can serve as a warning to tighten stops or look for an entry.
Set Your Prediction Timeframe: Adjust the Impulse Sensitivity based on your trading style. If you are a short-term trader, use a lower value. If you are a long-term trader, a higher value will give you a better view of larger moves.
Filter for Quality: Use the Impulse Filter to decide if you want more signals or higher-quality signals. A higher filter setting is recommended to avoid noise and focus on more reliable predictions.
Define Move Size: Use the Min Move (ATR) setting to tell the indicator what size of move you consider "significant." This helps filter out minor fluctuations and focuses only on the moves that matter to your strategy.
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