Smart Trading Indicators
  • 👋Welcome!
  • Before You Start
    • 🚀What is Smart Trading Indicators?
      • 📘Company History
      • 🥇Mission
      • 🖼️Vision
    • ⚠️Why are our AI indicators better than the algorithmic indicators?
    • 🤖What are artificial intelligence powered trading indicators?
    • 🏆Why choose Smart Trading Indicators?
    • 📲How it Works?
    • ❓FAQs
      • Are you planning to integrate more features or tools in the future?
      • How can I get more information about specific strategies to use with the indicators?
      • Is there a limit to the number of assets I can monitor with your indicators?
      • Do I need to install any additional software to use Smart Trading Indicators?
      • How are the indicators updated with advancements in artificial intelligence
      • Do you offer trial periods for your indicators?
      • Can I use Smart Trading Indicators on platforms other than TradingView?
      • Do you have any training plans or courses for beginners?
      • Do you offer technical support or assistance in case of problems?
      • Is there a community or forum where I can interact with other Smart Trading Indicators users?
      • How do you ensure the security and accuracy of your tools?
      • Can I customize the indicators according to my trading strategy?
      • What sets Smart Trading Indicators apart from other indicators in the market
      • Do I need advanced knowledge to use the Smart Trading Indicators?
      • In which markets can I use Smart Trading Indicators?
      • How can I access the Smart Trading Indicators on TradingView?
      • What is Smart Trading Indicators?
  • Partners
    • 📈TradingView
      • 📉What is TradingView?
      • 📊Tradingview as a company
      • ⭐Highlighted Features of TradingView
      • 📐How to create and use an account in tradingview?
      • 💎Why is TradingView pivotal for Smart Trading Indicators?
      • 💰Benefits of this Association
  • Gettin Started
    • ⚙️SetUp Indicators
      • 📦Install/Setup Smart Trading Indicators on TradingView
      • 🔢How to customize the indicators? (Colors and parameters)
      • 🔔How to SetUp Buy and Sell Alerts on TradingView
    • ▶️Videos and Tutorials
      • Tutorials in English
      • Tutoriales en Español
  • Our Indicators
    • 📖Indicators User Manual
    • *️Advanced Risk Management with Automatic Trailing Stop
    • 🔨Hammer And Pump
      • General description - Hammer And Pump
      • Practical application: how and when to use it? - Hammer And Pump
      • Interpretation of signals or results - Hammer And Pump
      • Graphics or examples of what it looks like in action - Hammer And Pump
      • Frequently asked questions about Hammer And Pump
    • 🔥Shadow Trend
      • General description - Shadow Trend
      • Practical application: how and when to use it? - Shadow Trend
      • Interpretation of signals or results - Shadow Trend
      • Graphics or examples of what it looks like in action - Shadow Trend
      • Frequently asked questions about Shadow Trend
    • ✅Buy or Sell Estimation
      • General description - Buy or Sell Estimation
      • Practical application: how and when to use it? - Buy or Sell Estimation
      • Interpretation of signals or results - Buy or Sell Estimation
      • Graphics or examples of what it looks like in action - Buy or Sell Estimation
      • Frequently asked questions about Buy or Sell Estimation
    • 🦬Bull And Bear Attack
      • General description - Bull And Bear Attack
      • Practical application: how and when to use it? - Bull And Bear Attack
      • Interpretation of signals or results - Bull And Bear Attack
      • Graphics or examples of what it looks like in action - Bull And Bear Attack
      • Frequently asked questions about Bull And Bear Attack
    • 💎Hull
      • General description - Hull
      • Practical application: how and when to use it? - Hull
      • Interpretation of signals or results - Hull
      • Graphics or examples of what it looks like in action - Hull
      • Frequently asked questions about Hull
    • 💸Glory Channel Signals
      • General description - Glory Channel Signals
      • Practical application: how and when to use it? - Glory Channel Signals
      • Interpretation of signals or results - Glory Channel Signals
      • Graphics or examples of what it looks like in action - Glory Channel Signals
      • Frequently asked questions about Glory Channel Signals
    • 🚨Range Signals
      • General description - Range Signals
      • Practical application: how and when to use it? - Range Signals
      • Interpretation of signals or results - Range Signals
      • Graphics or examples of what it looks like in action - Range Signals
      • Frequently asked questions about Range Signals
    • ⏰Time to Buy or Sell
      • General description - Time to Buy or Sell
      • Practical application: how and when to use it? - Time to Buy or Sell
      • Interpretation of signals or results - Time to Buy or Sell
      • Graphics or examples of what it looks like in action - Time to Buy or Sell
      • Frequently asked questions about Time to Buy or Sell
    • 🛎️Channel Trend Signals
      • General description - Channel Trend Signals
      • Practical application: how and when to use it? - Channel Trend Signals
      • Interpretation of signals or results - Channel Trend Signals
      • Graphics or examples of what it looks like in action - Channel Trend Signals
      • Frequently asked questions about Channel Trend Signals
    • 🟢Buy or Sell Ribbon
      • General description - Buy or Sell Ribbon
      • Practical application: how and when to use it? - Buy or Sell Ribbon
      • Interpretation of signals or results - Buy or Sell Ribbon
      • Graphics or examples of what it looks like in action - Buy or Sell Ribbon
      • Frequently asked questions about Time to Buy or Sell
    • 🧬Hybrid Trends
      • General description - Hybrid Trends
      • Practical application: how and when to use it? - Hybrid Trends
      • Interpretation of signals or results - Hybrid Trends
      • Graphics or examples of what it looks like in action - Hybrid Trends
      • Frequently asked questions about Hybrid Trends
  • Our Backtestings
    • 🤝Results and backtesting speak for themselves
    • 📊What is backtesting?
      • ✅Importance of backtesting in trading
    • 📚Our Backtesting Methodology
      • 🗒️Historical data selection criteria
      • ⚙️Tools and software used
      • 📄Interpretation and analysis of results
    • 🏆Results by Indicator
      • 🔨Hammer And Pump
        • BTC - Backtesting Hammer And Pump
          • 🔨BTCUSD - 1D - 71.29% (Hammer And Pump)
          • 🔨BTCUSD - 4h - 121.09% (Hammer And Pump)
          • 🔨BTCUSD - 1h - 421.40% (Hammer And Pump)
          • 🔨BTCUSD - 30m - 220.67% (Hammer And Pump)
          • 🔨BTCUSD - 15m - 108.62% (Hammer And Pump)
        • ETH - Backtesting Hammer And Pump
          • 🔨ETHUSD - 1D - 82.22% (Hammer And Pump) (To be defined)
          • 🔨ETHUSD - 4h - 114.93% (Hammer And Pump)
          • 🔨ETHUSD - 1h - 310.40% (Hammer And Pump)
          • 🔨ETHUSD - 30m - 275.04% (Hammer And Pump) (To be defined)
          • 🔨ETHUSD - 15m - 202.16% (Hammer And Pump)
      • 🔥Shadow Trend
        • BTC - Backtesting Shadow Trend
          • 🔥BTCUSD - 1D - 59.30% (Shadow Trend)
          • 🔥BTCUSD - 4h - 589.27% (Shadow Trend)
          • 🔥BTCUSD - 1h - 630.78% (Shadow Trend)
          • 🔥BTCUSD - 30m - 1064.97% (Shadow Trend)
          • 🔥BTCUSD - 15m - 775.61% (Shadow Trend)
        • ETH - Backtesting Shadow Trend
          • 🔥ETHUSD - 1D - 77.36% (Shadow Trend)
          • 🔥ETHUSD - 4h - 314.83% (Shadow Trend)
          • 🔥ETHUSD - 30m - 1028.76% (Shadow Trend)
          • 🔥ETHUSD - 15m - % (Shadow Trend) (To be defined)
      • 💎Hull
        • BTC - Backtesting Hull
          • 💎BTCUSD - 1D - 98.04% (Hull)
          • 💎BTCUSD - 4h - 942.90% (Hull)
          • 💎BTCUSD - 1h - 351.85% (Hull)
          • 💎BTCUSD - 30m - 663.37% (Hull)
          • 💎BTCUSD - 15m - 342.73% (Hull)
        • ETH - Backtesting Hull
          • 💎ETHUSD - 4h - 501.82% (Hull)
          • 💎ETHUSD - 1h - 339.63% (Hull)
          • 💎ETHUSD - 30m - 208.93%
      • 🚨Range Signals
        • BTC - Backtesting Range Signals
          • 📣BTCUSD - 1D - 148.42% (Range Signals)
          • 📣BTCUSD - 4h - 311.02% (Range Signals)
          • 📣BTCUSD - 1h - 346.58% (Range Signals)
          • 📣BTCUSD - 30m - 414.84% (Range Signals)
        • ETH - Backtesting Range Signals
          • 📣ETHUSD - 1D - 159.96% (Range Signals)
          • 📣ETHUSD - 4h - 567.28% (Range Signals)
          • 📣ETHUSD - 1h - 394.85% (Range Signals)
          • 📣ETHUSD - 30m - 406.55% (Range Signals)
          • 📣ETHUSD - 15m - 353.14% (Range Signals)
      • 🛎️Channel Trend Signals
        • BTC - Backtesting Channel Trend Signals
          • 🛎️BTCUSD - 4h - 521.83% (Channel Trend Signals)
          • 🛎️BTCUSD - 1h - 275.33% (Channel Trend Signals)
          • 🛎️BTCUSD - 30m - 610.72% (Channel Trend Signals)
        • ETH - Backtesting Channel Trend Signals
          • 🛎️ETHUSD - 4h - 659.66% (Channel Trend Signals)
      • 💸Glory Channel Signals
        • BTC - Backtesting Glory Channel Signals
          • 💸BTCUSD - 1D - 90.40% (Glory Channel Signals)
          • 💸BTCUSD - 4h - 94.45% (Glory Channel Signals)
          • 💸BTCUSD - 1h - 459.28% (Glory Channel Signals)
          • 💸BTCUSD - 30m - 922.18% (Glory Channel Signals)
        • ETH - Backtesting Glory Channel Signals
          • 💸ETHUSD - 4h - 42.87% (Glory Channel Signals)
          • 💸ETHUSD - 1h - 315.63% (Glory Channel Signals)
          • 💸ETHUSD - 30m - 785.17% (Glory Channel Signals)
      • 🟢Buy or Sell Ribbon
        • BTC - Backtesting Buy or Sell Ribbon
          • 🟢BTCUSD - 1D - 75.04% (Buy or Sell Ribbon)
          • 🟢BTCUSD - 4h - 540.29% (Buy or Sell Ribbon)
          • 🟢BTCUSD - 1h - 1000.08% (Buy or Sell Ribbon)
          • 🟢BTCUSD - 30m - 668.26% (Buy or Sell Ribbon)
          • 🟢BTCUSD - 15m - 550.87% (Buy or Sell Ribbon)
        • ETH - Backtesting Buy or Sell Ribbon
          • 🟢ETHUSD - 1D - 76.59% (Buy or Sell Ribbon)
          • 🟢ETHUSD - 4h - 207.50% (Buy or Sell Ribbon)
          • 🟢ETHUSD - 1h - 483.88% (Buy or Sell Ribbon)
          • 🟢ETHUSD - 30m - 643.08% (Buy or Sell Ribbon)
          • 🟢ETHUSD - 15m - 334.95% (Buy or Sell Ribbon)
      • 🧬Hybrid Trends
        • BTC - Backtesting Hybrid Trends
          • 🧬BTCUSD - 1D - 33.74% (Hybrid Trends)
          • 🧬BTCUSD - 4h - 106.96% (Hybrid Trends)
          • 🧬BTCUSD - 1h - 265.68% (Hybrid Trends)
          • 🧬BTCUSD - 30m - 353.71% (Hybrid Trends)
          • 🧬BTCUSD - 15m - 111.50% (Hybrid Trends)
        • ETH - Backtesting Hybrid Trends
          • 🧬ETHUSD - 1D - 35.69% (Hybrid Trends)
          • 🧬ETHUSD - 4h - 111.26% (Hybrid Trends)
          • 🧬ETHUSD - 1h - 285.60% (Hybrid Trends)
          • 🧬ETHUSD - 30m - 373.89% (Hybrid Trends)
          • 🧬ETHUSD - 15m - 116.04% (Hybrid Trends)
    • 🪙Results by Asset
      • 📈BTC • Bitcoin | Backtesting Results
      • 📈ETH • Ethereum | Backtesting Results
    • ❓Frequently Asked Questions (FAQs) about Backtesting
  • Smart A.I Alerts
    • 🔔Smart A.I Trading Alerts Subscription
      • 🥇Why our A.I trading alerts are the best of the market?
      • 🚨Our Smart A.I Trading Alerts Subscription
      • 📚Introduction to Alert, Interpretation Using the Emoji Dictionary
      • 🗓️Our Daily Reports
      • ❓FAQs
  • Exchanges
    • 🏦Bitget
      • ☑️Bitget as a company
      • 👤How to Create an Account on Bitget?
      • 💎Benefits of Registering with Our Link
    • Bybit
      • Bybit as a company
      • How to Create an Account on Bybit?
    • KuCoin
      • Bitget as a company
      • How to Create an Account on KuCoin?
    • MEXC
      • MEXC as a company
      • How to Create an Account on MEXC?
    • OKX
      • OKX as a company
      • How to Create an Account on OKX?
  • Brokers
    • Exness
      • Exness as a company
      • How to Create an Account on Exness?
    • ATFX
      • ATFX as a company
      • How to Create an Account on ATFX?
    • IronFX
      • IronFX as a company
      • How to Create an Account on IronFX?
  • Affiliate Program
    • 🫂What is it?
    • ℹ️How to join and how does it work?
    • 💸How to withdraw profits?
    • ❔FAQs
  • Prices and Packages
    • 💵Indicators Subscription Plans and Prices
      • 💎Quarterly Full Pass A.I Indicators
      • 💎Annually | Full Pass A.I Indicators
      • 💎Lifetime Plan | Full Pass A.I Indicators (LIMITED TIME ONLY)
    • 💲Payment methods
    • ❓FAQs
  • Technical Analysis
    • 📕Glossary
    • 📉Trading Chart
    • 📊Volume
    • ⚖️Trends
    • 📏Support & Resistance
  • Technical Support
    • 🎧How to contact the support team
    • ⁉️Resolution of common problems
    • 🫂Forum or community to discuss problems and solutions
  • Terms and Conditions
    • ⛓️Terms of Service
    • 🔩Refund Policies
    • ⚔️Privacy Policy
    • 🔗Disclaimer
  • Links
    • 🚩Youtube
    • 📷Instagram
    • ✈️Telegram
    • 🎶Tiktok
    • ✖️X
    • 🔗Linkedin
    • 🐈Github
  • Christmas Giveaway
    • 🎄Christmas Giveaway
      • 🎉About our Giveaway
      • 📢How to Participate?
      • 🎊Prizes Giveaway
      • ⚖️Terms and Conditions Giveaway
      • ❓FAQs Giveaway
Powered by GitBook
On this page
  • Modified RSI Indicator:
  • Dynamic Bands based on Modified Bollinger and RSI:
  • Interpreting Color Bars:
  • Additional Considerations:
  1. Our Indicators
  2. Buy or Sell Estimation

Interpretation of signals or results - Buy or Sell Estimation

PreviousPractical application: how and when to use it? - Buy or Sell EstimationNextGraphics or examples of what it looks like in action - Buy or Sell Estimation

Last updated 1 year ago

The Buy or Sell Estimation A.I indicator from Smart Trading Indicators has been designed to provide a clearer view of potential entry and exit points in the market. Its operation combines two classic technical analysis approaches (RSI and Bollinger Bands) into a unique format, enhancing the identification of overbought or oversold situations.

Below, we delve into the interpretation of its signals:

Modified RSI Indicator:

  • What is it? The RSI (Relative Strength Index) is an oscillator that measures the speed and change of price movements. In this indicator, it has been modified to offer a more precise interpretation in combination with other elements.

  • Signals: The RSI value fluctuates between 0 and 100, with traditionally 70 and 30 being the levels indicating overbought and oversold conditions, respectively. However, in our variant, the indicator looks for crosses with dynamic bands, which will be described below, to signal potential entries or exits.

Dynamic Bands based on Modified Bollinger and RSI:

  • What are they? Traditional Bollinger Bands consist of a moving average and two standard deviations that create an upper and lower band. In this case, the bands have been modified to interact with our adapted RSI, resulting in what we call "dynamic bands."

  • Signals: When the modified RSI crosses above the dynamic upper band, it indicates a strong likelihood of overbought conditions and, therefore, a selling opportunity. Similarly, when the RSI crosses below the lower band, it suggests oversold conditions and a potential buying opportunity.

Interpreting Color Bars:

  • Green Bar: A green bar appears when there is a convergence of buy signals. This means that the modified RSI indicates an oversold condition while simultaneously crossing a relevant dynamic band. It is a signal that prices may start to rise.

  • Red Bar: The red bar is generated when the RSI shows an overbought condition and crosses down a dynamic band. It is a signal of a possible bearish reversal or a pause in the uptrend.

Additional Considerations:

  • False Signals: Like any indicator, there are occasions when signals may not result in significant price movements. Therefore, it is crucial to use the indicator in combination with other analysis methods or systems to filter signals and improve accuracy.

  • Market Context: Signals are more reliable in markets with moderate volatility. In highly volatile markets, the RSI can remain in overbought or oversold levels for extended periods.

To maximize the effectiveness of the Buy or Sell Estimation A.I, it is recommended that traders practice on a demo account and become familiar with its signals and peculiarities before using it in live trading.

✅