dRisk Analytics
  • 1. What is dRisk Analytics?
  • 2(a). Introducing Compass
  • 2(b). Immediate Entry - Begginer Strategy
  • 2(c). TrendX Entry Strategy for Compass - Intermediate Strategy
  • 2(d). Crossbow Entry Strategy for Compass - Intermediate Strategy
  • 2(c). Delta Entry Strategy for Compass - Intermediate Strategy
  • 2(d). Fibonacci Entry Strategy for Compass - Advanced Strategy
  • ----------------------------------------
    • 3(a). Introducing TrendX
    • 3(b). TrendX - Mean Reversion Strategy
    • 3(c). How to Use TrendX - Take Profit Identifier
    • 3(d). How to Use TrendX - Knowing when NOT to enter a trade
  • ----------------------------------------
    • 4(a). Introducing Iron Dome
    • 4(b). Iron Dome - Entry Strategy
    • 4(c). Iron Dome - TrendX Entry Strategy
  • ----------------------------------------
    • 5(a). Introducing Delta
    • 5(b). Using Delta to Find Entries
    • 5(c). Using Delta in Confluence With Compass
    • 5(d). Using Delta - Take-Profit Placement
    • 5(e). Using Delta to Set Stop-Loss
    • 5(f). Our Favorite Entry
  • ---------------------------------------
    • 6(a). Introducing Crossbow
    • 6(b). Crossbow Entry Strategy for Compass - Intermediate Strategy
    • 6(c).
  • FAQ -----------------------------
    • Why choose dRisk Analytics?
    • What Does Data -Driven Results Mean?
    • What Pairs Can I Trade?
    • What Is TradingView?
    • How to set up a TradingView Account?
    • How to Setup dRisk on TradingView?
    • How To Open Your TradingView Chart?
    • How to Add an Indicator To Your Charts?
    • How to Change Chart Time Frame?
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3(a). Introducing TrendX

Introducing TrendX - by dRisk Analytics

Previous2(d). Fibonacci Entry Strategy for Compass - Advanced StrategyNext3(b). TrendX - Mean Reversion Strategy

Last updated 1 year ago

Introducing TrendX:

TrendX represents a groundbreaking leap in the world of trading indicators. Unlike traditional tools such as MACD, RSI, or Stochastic, which often suffer from lag and delayed signals, TrendX harnesses the power of data and predictive mathematics to provide real-time alerts when price is either overbought or oversold.

TrendX Alert

In the image below you can see that the candle color on the chart has changed. This is TrendX alerting its user in real-time of overbought / oversold conditions. Please note that the user can chose to change the color within the settings.

The problem with many existing indicators is their reliance on historical data, causing them to lag behind the market's current movements. This limitation poses challenges for both professionals and algorithmic traders who require timely and accurate information. Here's where TrendX takes center stage.

TrendX's innovative approach revolves around its ability to predict market conditions slightly ahead of time by using predictive mathematics. By meticulously sifting through incoming data, TrendX promptly identifies potential overbought and oversold (ob/os) areas and reflects this information in real time by dynamically changing the candle color on your screen. This real-time responsiveness offers traders an array of strategic advantages. In the images below, we demonstrate TrendX's ability to alert users to overbought/oversold conditions in real-time. Unlike MACD and other popular indicators such as RSI or Stochastic, which often provide delayed alerts based on historical data, TrendX employs advanced predictive mathematical models to notify users hours in advance. MACD, being the most widely used indicator globally, serves as a suitable example. However, the superiority of TrendX extends to all overbought/oversold indicators due to its real-time alerting mechanism, making it unparalleled in the world of trading indicators.

One of the key benefits is the precision it lends to trade entries. By swiftly highlighting overbought and oversold conditions, TrendX empowers traders to execute more accurate entries, improving their risk management and enhancing overall trading outcomes. Additionally, the indicator enables traders to secure profits proactively, allowing them to capitalize on price movements before the trend potentially reverses.

Furthermore, TrendX caters to mean reversion strategies without the concerns of delay or lag. This is crucial for traders aiming to capitalize on short-term market deviations, as even the slightest delay could significantly impact trade outcomes. The indicator's ability to instantaneously pinpoint trend shifts also serves as an alert mechanism, advising traders to exercise caution and refrain from entering the market when conditions hint at an impending trend change.

Notably, TrendX isn't confined to retail trading alone. It has garnered attention from investment funds, reaffirming its potency as a tool that transcends boundaries and is embraced by seasoned professionals seeking a competitive edge.

We're thrilled to bring this seemingly complex concept to the public in an accessible and straightforward manner. TrendX represents a convergence of cutting-edge technology and practical simplicity, equipping traders of all backgrounds with a tool that can potentially transform their trading endeavors. Welcome to trading made simple. Lets dive in.

In the image below you can see that the candle color on the chart has changed. This is TrendX alerting its user in real-time of overbought / oversold conditions. Please note that the user can chose to change these colors to any color they wish

TrendX
TrendX Alerts User of Oversold Conditions 7 Hours Before MACD Cross
TrendX Alerts User of Overbought Conditions 13 Hours Before MACD Cross