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About xSignals

About xSignals

xSignals is a full set of analytical tools for Forex trading including cryptocurrency. In the application xSignals there are numerous additional indicators and analytical instruments for the detailed market analysis: forex and crypto signals, online-charts, trend indicator, market news and signals history.

You can create a strategy using signals or use signals to confirm your own strategy.
About xSignals
Signal structure

Signal structure

Signal structure
1.

Trading asset. Analyzed currency
pair

2.

Points. The range of movement for the analyzed asset's price.

3.

Time. Time since the appearance of the signal

4.

Expiration. Recommended expiration time

5.

Algorithm. Signal generation algorithm

6.

Heatmap. Power of the current trend or reversal.

7.

Signal. BUY or SELL

8.

Power. The percentage of profitable trades based on the current indicator data.

9.

Fast button. Button to quickly display the dashboards of the analyzed asset

Power&Heatmaps

Power&Heatmaps

xSignals algorithms are based on technical analysis.

We analyzed 10,000 completed signals from our database to generate heat maps. We know that the price moves differently depending on the trading session when new players enter the market.

How does the signal appear?

Step 1

For example, the current time is 13:00. We filter signals and choose only those that appeared from R12-00 to 18-00

Step 2

We need to get statistics on the value of technical indicators. Let's look at the example of the RSI indicator.

Step 3

We divide the indicator value into 4 segments and get statistics:

Step 4

The current value of the RSI indicator is 45%, which means that in the previous period, under the same conditions, there were 60% of successful signals. For the currently active signal, the power will be 60%

Heatmaps

The value of the RSI indicator for the M1 timeframe will look like this:

You can calculate the statistics of the indicator value for other timeframes M5, M15, M30, H1, H4

RSI MORE 70 → 11 SIGNALS: WIN - 64%

RSI UP 70 TO 50 → 61 SIGNALS: WIN - 51%

RSI UP 50 TO 30 → 117 SIGNALS: WIN - 40%

RSI MORE 30 → 117 SIGNALS: WIN - 40%

How to read Heatmaps?

For convenience, cells with values are colored yellow, green, and red, depending on statistical values. The result is a heat map of successfully completed signals.

The dot shows in which segment of the current values the indicator is located. This means that when the RSI indicator on the 1 minute chart was in the 1 segment, the percentage of winning signals was 64%.

The result

Power shows statistical data for current indicator #1 value by one timeframe. Heatmaps show data for current indicator #2 value on each timeframe.

Signals algorithms

Signals algorithms

Moving Average (MA)
  • CALL - Fast MA(5) crossing Slows MA(17) from up to down.
  • PUT - Fast MA(5) crossing Slows MA(17) from down to up.

The task of this indicator is to remove the market «noise» as much as possible and to show the actual direction of the trend. The indicator line is a dynamic support/resistance level, which can be used to determine not only the opening point of the option but also the approximate expiration term. They are considered one of the determinants of the price direction for all trading assets, including cryptocurrencies. When the price moves above the MA, the trend is considered ascending, respectively, if it is lower, then it is a downtrend. When the market moves sideways, the indicator line becomes horizontal.

The signals will be at the classic intersection points «fast» and «slow» SMA. In the figure, there is a starting point of an uptrend and you can open a CALL-option, respectively, for PUT-option the opposite conditions — the red «fast» crosses the blue «slow» from top to bottom. The signal power increases if there is an intersection on several timeframes.

Parabolic SAR (P-SAR)
  • CALL - at least 7 preview values under price & current value above price.
  • PUT - at least 7 preview values above price & current value above price R.

A trend indicator designed to identify trend reversal points. Parabolic SAR follows a strong trend, even if there are local pullbacks and corrections. The further the indicator points are from the price, the stronger the movement and the fewer the false signals.

Use P-SAR with standard settings and working out: points move below the price chart, look for an entry point for CALL-option, open PUT-option above.

Commodity Channel
Index (CCI)
  • CALL - crossing 0 level from 100.
  • PUT - crossing 0 level from - 100.

It is used on any assets to determine the beginning and end of a trend in terms of time and amplitude.

Trading is carried out at the intersection of the zero level: from bottom to top for an up option (CALL) and from top to bottom for a down option (PUT). An obligatory condition for the appearance of a signal: before opening a trade, the previous 7 CCI values must be below the zero level for the CALL-option and above for the PUT (see figure). The signal power increases if the indicator leaves the +/- 100 zones during this interval.

Regardless of the signal’s work, it is necessary to monitor changes in the dynamics of market volumes, including peak ones. In combination with CCI, they can give leading signals.

Relative Strength
Index (RSI)
  • CALL - crossing 30 level from down to up.
  • PUT - crossing 70 level from up to down.

The task of this oscillator is to find the moment when it is necessary, if possible, to close the current trades and start looking for entry points into a new trend. Its algorithm calculates the percentage for a specified number of periods between «long» buy price bars and «short» sell price bars. In other words, overbought/oversold periods are found. Exit from the oversold zone and an upward movement of the indicator will be a signal for CALL-option, opposite conditions (from overbought and down) are for PUT-option. To confirm the signal, you can additionally put an indicator with numerous periods on the chart in the trading platform, for example (12) and standard (14). Then the “faster” vfxAlert will stay ahead, and the trader then makes the final decision on the rest of the RSI.

Additional Indicators

Additional Indicators

Timeframe

The time interval characterizing the price movement. Intervals of 1,5,15 and 60 minutes are presented

Pivot Points

An indicator that shows standard price information: high, low and close and predicts possible support and resistance levels.

Summary

The indicator displays the general attitude of the foreign exchange market participants to the Forex market in the form of a scale.

Bulls&Bears

Is a color scale that represents the calculation of the power ratio for bulls (buyers) and bears (sellers).

RSI

Relative Strength Index. A trend indicator that helps to enter the market as accurately as possible, identifying overbought and oversold zones.

CCI

The Commodity Channel Index is an oscillator that measures the strength of a price movement. Its main purpose is to identify cyclical reversals of financial instruments and determine the moment when the market is overbought or oversold.

Trends

The trend indicator is designed to measure the strength and direction of a trend. If the arrow points up, this signalizes about the coming uptrend, if it points down — about the coming downtrend. The quantity of colored dots under the arrow indicates the power of the current trend.

Volatility

Current market activity. The higher the volatility, the higher the uncertainty for Forex traders.