Rockets & Meteors - Trade X Indicator

Get Access to the Most Valuable Indicators and Setups You’ll Ever Need!

Unlock the power of trading with Trade X’s exclusive indicators and setups, designed to give you a competitive edge in the markets. Whether you’re trading forex, crypto, stocks, or commodities, our premium tools provide the precision and insights you need to succeed.

💎 Comprehensive Explanation for the Indicator Strategy

📋 Overview

The Rockets & Meteors - Trade X Indicator is an advanced trading tool designed for traders seeking an all-in-one script that fuses:

• 📊 Adaptive Averages
• 🛡️ Supertrend Filters
• 🔄 Custom Buy/Sell Logic
• 📈 Optional EMA Overlays
• 🗓️ Date Range Control

This script automatically generates BUY and SELL signals, plots visual labels on the chart, and enables backtesting and optimization within defined time periods.

✨ Key Features

🗓️ 1. Date Range Control

• Define your Start and End Dates for precise historical backtesting.
• Trades only execute when the bar’s timestamp is within your set date range.

🛡️ 2. Supertrend Logic

• ATR Period & Factor allow fine-tuning of the Supertrend for signal sensitivity.
• Filters sideways market noise, focusing on strong market conditions.

🔄 3. Adaptive “Rocket” Bands

• xh and xl define upper and lower adaptive bands around the price.
• 📊 VWMA (Volume-Weighted Moving Averages) smooth out the data for better accuracy.

🟢🔴 4. Buy/Sell Criteria

• Buy Condition:

  • Triggered when the smoothed line is near the lower band (xl), and price crosses above its rolling average (b1).

• Sell Condition:

  • Activated when the smoothed line is near the upper band (xh), and price drops below its rolling average (b1).

• 🚀 Strong Signals:

  • Rocket (🚀) for bullish flips in Supertrend.
  • Meteor (☄️) for bearish flips in Supertrend.

🎨 5. Plotting and Visualization

• Bar Colors:
  • Green: During a Long stance.
  • Red: On a Sell signal or neutral state.
• Shape Labels:
  • B (Buy), S (Sell), 🚀 (Rocket), ☄️ (Meteor) highlight signals directly on the chart.

📈 6. Optional EMA Overlays

• Display EMA 200, EMA 50, and/or EMA 20 with a simple checkbox toggle.
• Gain insight into trend momentum and potential support/resistance zones.

💼 7. Built-In Strategy Execution

• Long-Only Strategy: Enters on a Buy condition and exits on a Sell condition.
• ⚖️ Commission and Slippage: Simulated to reflect real-world trading.

🔍 How It Works

🗓️ Date Window Selection

• Set Start Year/Month/Day and End Year/Month/Day to limit trades to a specific historical window.

🛠️ Tune Supertrend Settings

• Adjust ATR Period and Factor to refine signal sensitivity.

🔄 Adaptive Bands & A4

• Calculate adaptive envelopes using ATR and VWMA.
• Combine key line a4 with price and SMA (b1) for trade signals.

🟢🔴 Generate Signals

• Buy: If a4 <= xl and close > b1.

• Sell: If a4 >= xh and close < b1.

• 🎨 Visualization: Color-coded bars and labels/emoji highlight new signals.

📈 Enable/Disable EMAs

• Turn on EMA 200, EMA 50, and EMA 20 to gauge broader trend direction and momentum.

📊 Strategy Tester

• Use TradingView’s Strategy Tester to analyze historical performance, including:
  • Net Profit
  • Drawdown
  • Win Rate

🔔 Alerts

• 🚀 R&M Long: Triggers when a new Buy signal is generated.
• ☄️ R&M Short: Activates on a new Sell signal.
• Receive alerts via 📲 email, SMS, or app notifications.

💡 Usage Tips

• ⏳ Higher Timeframes:
  • More reliable for spotting major market turns (e.g., 4H, Daily).
• ⚖️ Risk Management:
  • Test and optimize thoroughly before live trading.
  • Use stops or position sizing to manage risk.
• 🔗 Combine Indicators: Pair with RSI or MACD for confirmation.

⚠️ Disclaimer

This script is for educational purposes only.

• 📉 Live trading involves substantial risk.
• It’s your responsibility to evaluate this tool alongside your strategy and risk tolerance.
  
  

Why Choose Trade X Indicators and Setups?

1. Proven Accuracy

   • Our indicators are developed and tested by industry experts to ensure high accuracy in identifying market trends and opportunities.

2. Ease of Use

   • Designed for all levels of traders, these tools are intuitive and easy to integrate into your existing trading platforms.

3. Comprehensive Coverage

   • Access a variety of tools for technical analysis, including trend indicators, oscillators, and volume analysis tools.

4. Customizable Setups

   • Adapt setups to suit your unique trading strategies and preferences. Whether you’re scalping, day trading, or swing trading, we’ve got you covered.

5. Stay Ahead of the Market

   • Gain early insights into market reversals, breakouts, and momentum shifts with precision tools that keep you one step ahead.

What’s Included?

• Premium Indicators: RSI variations, Fibonacci tools, moving averages, Bollinger Bands, and more.
• Exclusive Setups: Pre-configured trading setups for popular platforms like TradingView, MetaTrader, and others.
• Educational Guides: Step-by-step instructions to maximize the effectiveness of each indicator and setup.
• Live Support: Assistance from our team to help you implement and use the tools effectively.

Who Can Benefit?

• Beginner Traders: Simplify market analysis with easy-to-understand indicators.
• Intermediate Traders: Enhance strategies with advanced setups and configurations.
• Professional Traders: Gain an extra edge with cutting-edge tools.

How to Get Started

1. Join Trade X

   • Sign up to access our exclusive tools and resources.

2. Upgrade to Premium Membership

   • Unlock all premium indicators and setups with our VIP plan.

3. Download and Integrate

   • Follow our easy instructions to integrate the tools into your trading platform.

4. Start Trading Smarter

   • Use these powerful tools to make more informed and confident trading decisions.

Don’t miss this opportunity to elevate your trading game. With Trade X’s valuable indicators and setups, success is just a few trades away! Join now and start trading like a pro.