Trading Alpha Guide
  • Trading Alpha™ Instruction Manual
  • FAQ (Start here)
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  • Account Management
    • Accessing Trading Alpha™ Indicators
    • Upgrading / Changing Subscriptions
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  • Getting Started
    • Signing up for TradingView to use our Indicators
    • Chart Setup
    • Creating Indicator Alerts
  • Alpha Trend Suite
    • Alpha Trend Overview
    • Green & Red Trend Bars
    • Strength & Weakness Arrows
    • Reversal Signals
    • Topping Signal
    • Bottoming Signal
    • Alpha Dots
    • Alpha Track
  • Alpha Volatility Suites
    • Alpha HTF & LTF Suites Overview
    • Trend & Momentum Bars
    • Volatility Squeeze Breakouts
    • Breakout Caution & Danger X's
    • Volatility Squeeze Fakeouts
    • TD 8 and 9
  • Alpha Confirmation Suite
    • Alpha Confirmation Suite Overview
    • Alpha Thrust
    • Alpha RSI
      • Hidden RSI Divergence
    • Alpha Support & Resistance
    • Alpha Volume (Coming Soon)
  • Trading Screener
    • Alpha Screener Overview
  • On-hold
    • Setup Strategies
    • ChangeLog (Updates)
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On this page
  • What is the Alpha Trend Suite?
  • Micro Trend Dots (Green/Red Dots)
  • Trend Continuation (Strength/Weakness Arrows)
  • Trend Suite Arrow Differences compared to HTF/LTF Arrows?
  • Reversal Candles:
  • Potential Local Tops
  • Table of Contents

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  1. Alpha Trend Suite

Alpha Trend Overview

The Alpha Trend Suite is designed to help you catch macro trends, & draw your attention to possible reversals & local tops.

PreviousCreating Indicator AlertsNextGreen & Red Trend Bars

Last updated 5 months ago

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What is the Alpha Trend Suite?

It is hard to decipher a lot of the the time if a overall trend is in tact or if you are just subject to another short term rally that we call "fakeouts" before more downward price action proceeds. This often causes investors to easily lose a significant portion of their capital when they are not able to identify and enter the market during the appropriate up-trend, or the reversal. This is where the Alpha Trend steps in and identifies the trends, possible reversals and tops for you.

Alpha Trend suite is designed specifically to analyze the over health of the Trend and to determine when a Trend Reversal or Top is imminent. This gives the trader the opportunity to make better informed decisions with higher probabilities of making a successful trade. The Alpha Trend measure the Trend two ways; 1) Using the Micro Trend Dots to analyze the trend on a micro scale, the earliest signal that the trend dynamics might be changing. 2) The Macro Trend Bars to analyze the trend on a macro scale. Together with the Micro Trend Dots, & the Macro Trend Bars, we get a synergistic approach to analyzing the overall Trend. The Reversal Bars indicates that a reversal setup is probable, and may be used sometimes to enter, or take profits and close a winning trade before it becomes a losing trade. It is all up to the user how they decide to use the signals at their desecration. Making profits can be easy, keeping the profits however can be different story. For this reason we also included a "Local Topping" signal to also help identify when the up-trend may be coming to an abrupt end. Timing your exits is pivotal to a healthy profit and loss (PnL) & to your overall success as a trader.

There are several different concepts to learn when using the Alpha trend. Once these methods are mastered you will find just how much more accurate the timing of your trades become and how much easier it is to navigate the markets. Alpha Trend will help you in becoming a successful trader & spot the same setups used by professionals in the marketplace today. It is meant for traders of any level from complete beginners to the decades long seasoned professional like John.

Note that Alpha Trend can be used for scalping on lower time frames but where it really shines is on the higher time frames (Weekly, 1D, 6h, 4h, 1h)

Micro Trend Dots (Green/Red Dots)

The Micro Trend Dots are the earliest signal and indication that the structure and strength dynamics of the Trend are changing. For this reason they can be excellent tools to catch both entries and exits if they are used correctly. They can also be used as confirmations to many of our other signals, like Reversal Bars, Bottom Signal Bars, or Topping Signal Bars. Used in conjunction with the Macro Trend Bars, they can present an excellent overall synergistic picture of the trend to the trader/investor who is using them.

To access the Micro Trend Dots & the Trackline you need to toggle them on in settings as they are turned off by default. See pictures steps below for example of settings and where you can located the Alpha Dots &/or Trackline toggles.

Macro Trend (Green/Red Bars)

The Macro Trend is the ultimate strong trend that you want to be able to identify in order to catch major bull and bear markets. By design Macro Trends will not flip bullish or bearish as much as say a "moving average" trend, so it is better suited for longer term moves with a higher probability of identifying the start of a real bull market. It also keeps you in the moves a lot better and longer as it does not flip fop signals during fake rally's. Used in conjuction with the Micro Trend dots, they can present an excellent overall synergistic view of the trend to the trader/investor who is using them.

Signal

Bullish or Bearish

Description

Solid Green Candle Bar

Bullish

  • Indicates Bullish Uptrend in tact

Solid Red Candle Bar

Bearish

  • Indicates Bearish Downtrend in tact

Trend Continuation (Strength/Weakness Arrows)

Determining the trend is an extremely important concept that enhances your trading success. We have gone over how the Alpha Trend helps you to identify trends, but what about keeping you in the trend once it has started?

During an uptrend and downtrend volatility may be concerning as the market will tend to present many fake-outs or as we call them "Shakeouts". These often stop trades from staying in their positions long enough to profit from most of the up-trend. That is where the Strength & Weakness Arrows come in handy, as they are designed to help keep you in the trend & avoid these shakeouts when the readings are strong or weak.

Signal

Bullish or Bearish

Description

Green Arrows

Bullish

  • Indicates Confirmed Strength = Large Green Arrows

Red Arrows

Bearish

  • Indicates Confirmed Weakness = Large Red Arrows

Trend Suite Arrow Differences compared to HTF/LTF Arrows?

Note that the Bullish and Bearish Strength Arrows are different than the arrows in the HTF/LTF suite.

  • The Alpha Trend Suite arrows are meant to be used as strength & weakness signals.

  • HTF & LTF Suite arrows act as confirming volatility squeezes breakout signals.

  • The Alpha Trend Arrows are a darker shade of green & red while the HTF/LTF Arrows are a lighter shade so you can identify the difference. The HTF/LTF arrows will only appear after a "Shaded Squeeze".

Important not to get them mixed up!

Reversal Candles:

Our most popular signal on the Alpha Trend! Reversal candles may indicate a significant reversal in the near term – Price action making a massive directional change from Up to down or vice versa. These reversal candles should tell you to proceed with caution and to require confirmation to verify the reversal signal. The most important concept to the alpha trend reversals is the reversal candle Confirmation Technique to verify that the reversal signal is actionable & is showing a sign of strength out of the setup. For more details please see the page "Reversal Signals" for more in-depth confirmation details.

Signal

Bearish or Bullish

Candle Type

Turquoise Reversal "R" Bar

Bullish

  • Indicates Potential Bullish Reversal

Yellow Reversal "R" Bar

Bearish

  • Indicates Potential Bearish Reversal

Potential Local Tops

Our Potential Local Topping signal on the Alpha Trend indicates that a local top might have been made in price action. Price has a high chance of drawdown when these signals appear. The draw-down could be temporary or be the start of a longer term downtrend. The topping signals are identified by orange bars with a label above the orange bar with a "T". Just like with the Reversal signals these topping indications need to be confirmed via our confirmation technique to be valid.

Signal

Bearish or Bullish

Description

Orange Topping "T" Bar

Bearish

Indicates Potential Local Top

Table of Contents

Green & Red Trend Bars
Reversal Signals
Strength & Weakness Arrows
First Click on the drop down arrow to reveal your indicators
Next Click on the settings icon next to your Alpha Trend+ or Alpha Trend VIP to open settings window
Lastly, located the Micro Trend Dots and the Trackline & toggle these on if you want them to show on your chart
Example of Alpha Trend bars successfully capturing 90% of the 2020 BTC Bull Market
Example of Strength Arrows keeping you from getting shaken out in the 2020 BTC Bull Market
Example of successful Confirmed Reversals on Bitcoin Daily Chart
Example of successful Confirmed Tops on Bitcoin daily chart