Beta Signals

The Beta Buy/Sell Signal Indicator provides visual cues for potential trade setups by combining multiple technical conditions, including RSI, MACD, SMA, volume filters, and price action. It highlights buy and sell signals when these conditions align, helping traders observe potential short-term opportunities across various market conditions.

Key Features:

Buy/Sell Signals – Signals appear as markers on your chart indicating potential entry points.

RSI Bounce Alerts – Identifies RSI crossing key thresholds (35 for bullish, 65 for bearish) in combination with other technical conditions.

SMA & MACD Filters – Confirms trade setups using trend (SMA) and momentum (MACD) indicators.

Volume & Price Action Filters – Optional volume filter and price movement checks ensure signals are only shown under specific market conditions.

Higher Timeframe RSI Filter – Optional filter for confirming trend strength from a higher timeframe.

Configurable Inputs – Users can adjust RSI length, MACD parameters, SMA period, and other filters to match their preferred trading style.

Usage:

Suitable for short-term trading or as a confirmation tool alongside other strategies.

Signals are designed for observation and strategy testing; they do not guarantee results.

Alerts can be set up for buy and sell bounce signals to assist in monitoring potential setups in real-time.