[System] SpaceGPS Satellite

Signal mechanism

1. Trend identification

The main plot offers visual cues for trend direction. An uptrend starts when the main plot shifts from pink to blue. Conversely, a downtrend initiates when the main plot transitions from blue to pink.

2. 2-level Support/Resistance zone

A support/resistance zone is established when the main plot flattens and concludes when a candle closes outside the zone. Each support/resistance zone comprises two layers: Basic and Extreme. The price typically approaches the Basic zone first, followed by the Extreme zone.

The Extreme zone represents a stronger level of resistance or support and is more challenging to breach than the Basic zone. If the price breaks through the Extreme zone, the support/resistance zone is no longer considered valid. 

3. Pullback signals

Pullback signals are generated based on the principle of "Follow the Trend". When the price retraces to the support/resistance zone, the system analyzes the volume of candles within that zone and identifies the candle with significant volume to generate an entry signal.

• A Buy signal is suggested when a candle with significant buying volume appears in the Basic or Extreme zone of support, meeting the algorithm's criteria. 
• A Sell signal is suggested when a candle with significant selling volume appears in the Basic or Extreme zone of resistance, also meeting the algorithm's criteria.

4. Momentum signals

The system generates momentum signals that indicate changes in price momentum based on volume spikes.

• Positive momentum signals occur when the current candle shows total buy volume exceeding total sell volume, with the total buy volume being the highest among the last N candles.
• Negative momentum signals arise when the current candle has total sell volume greater than total buy volume, with the total sell volume being the highest among the last N candles.