Phantom

One of our best confluence & multi purpose indicators.

Diving into the Phantom

There are a number of ways to use the Alpha Phantom indicator to your advantage and to give you that extra confidence when you need it. We will cover a few of the techniques and demonstrate them with prior examples.

Starting brand new cycle or trend transitions

The first technique we will cover is using the Phantom to clearly identify unique opportunities where price action has been bearish and makes that long awaited flip to bullish. In the picture we see the transition from the bear market into the bull market of 2023-current. Notice how the Alpha Phantom indicator was bearish during the bear market and then flipped bullish right after we had confirmed that prior bottom signal (Green horizontal dots to identify).

Now notice how the Phantom indicator also stayed bullish through all of the corrections we had this cycle. Now you're starting to see the potential of the multi-faceted Alpha Phantom.

Staying in trends or out of market volatility

The second technique is giving you the confidence to either stay in a trend and not getting shaken out. This can lead to protecting more of your capital and reduce the urge to sell on every dip or correction. This technique can also help avoiding jumping into a move that isn't ready to perform. Notice in the picture below how Solana had a bearish read on Phantom during the entire stage 1 basing phase even though there were some green Dots that printed.

However the Phantom turned bullish (Horizontal green dotted line for identification) just as Solana went into a stage 2 uptrend. This was the confirmation needed on the green Dot. You can see how the Alpha Phantom helps put the odds in your favor of timing the market more efficiently when used as a confirmation. It inspires confidence when deciding on market setups.

You get a sneak peak on the chart of our Alpha Stops indicator in action. Designed to help keep us in moves that are only performing! When price crosses the below the red Dots it turns blue hitting your stop-loss.