Oculus Algo-Adapted System

Oculus Algo-Adapted System

The "Oculus Algo-Adapted System" is a powerful trading indicator designed for precision entries, blending multiple technical indicators to provide a comprehensive view of the market. It combines dynamic Exponential Moving Averages (EMA), volume spikes, and liquidity sweep detection to offer accurate entry signals for both long and short positions.

Key Features:

EMA Crossovers: The system uses two EMAs — a fast 10-period EMA and a slower 20-period EMA — to gauge trend direction. When the fast EMA crosses above the slow EMA, it signals bullish momentum, and vice versa for bearish trends.

Volume Spike Detection: The indicator tracks significant volume spikes, highlighting them with background color changes. This helps identify potential breakout or breakdown opportunities.

VWAP (Volume Weighted Average Price): The optional VWAP overlay helps traders identify potential support/resistance levels based on volume-weighted price action.

Liquidity Sweep Alerts: The indicator identifies liquidity sweeps (also known as wick rejections), marking key reversal points. Bullish sweeps are marked with downward-facing triangles and bearish sweeps with upward-facing triangles.

Precise Entry Signals: The indicator uses a combination of volume spikes, EMA direction, and liquidity sweeps to generate clear buy (long) and sell (short) entry signals. Labels appear directly on the chart to indicate when the system triggers a trade.

How to Use:

Long Entry: A long entry is signaled when a volume spike occurs, followed by a bearish liquidity sweep and the price being above both the 10 EMA and 20 EMA.

Short Entry: A short entry is signaled when a volume spike occurs, followed by a bullish liquidity sweep, and the price is below both the 10 EMA and 20 EMA.

This indicator is designed for traders looking for high-quality, adaptive trading signals based on real-time market conditions.

Feel free to edit this to match your exact preferences or trading style!