PhaseAlgo Premium

10 Jul 2023

PhaseAlgo Indicator includes multiple features such as standard buy and sell signals on the chart, key levels, trend direction & trend candle momentum.

There are two main settings used to determine the sensitivity of the buy and sell signals which are:
- The "Power" setting controllers how reactive the algorithm reacts to the simple trend changes in the market. This allows you to adjust the sensitivity to relatively fit your preferred trading time frame.
- The "Strength" setting controllers how accurate the buy & sells are in correspondence with the most recent swing in the market. This allows you to refine the signals based on the current time frame you are on to give the most accurate entries.

We also provide a trend filter option which allows the user to only see buy and sell signals in the same direction as the colour of the trend.

Our trend direction Indicator:
Use: Helps you trade with the trend, understand when the market is changing trend & allows you to stay out of trade that could be going in the wrong direction
Our trend direction indicator is derived from multiple factors, mainly using price action and a bunch of our own formally created volatility, volume and momentum tools. We also allow the user to show the trend on the candle colors to give a more visually pleasing experience. The settings for the trend direction tool are not customizable as we have created a strong blend using volatility, volume and momentum along with price action which we believe is the best possible for our indicator.

The trend direction can also be displayed on multiple time frames on the top right with our custom made dashboard. The user has the choice to input the time frames they wish to view. This allows the user to see the trend direction on multiple time frames without having to open multiple charts or switch the current time frame on screen.

Key Levels Feature:
Use: This is used to see areas of importance in which price could react from.
This is a unique feature based on price action along with a combination of market structure using a method that builds synthetic support and resistance areas & trend direction to show us market sentiment. We have created a unique system which incorporates price action and the sensitivity can be adjusted by the user to determine how strong the price action needs to be in order to show the key levels.

Reversal Areas Feature:
Use: The user can see areas where the market is likely to reverse.
This is a blend of past price data, support and resistance & trend momentum to determine where the most likely area is to reverse based on calculations to project these areas forward.

Use the link below to get access to this indicator