Market Oracle+

Market Oracle+ builds upon Market Oracle offering more customisability and powerful tools all in a single toolkit. The following pages will outline the added features and how to maximise their use. If you are looking for documentation regarding other core Market Oracle features you can do so here.

Prophecy Signals

The cutting edge Prophecy signals have been added into Market Oracle Plus. These are not classical signals. They are not based on a trend and instead aim to truly give traders an insight into market behaviour and direction. These have a number of powerful usecases. Firstly as a standalone identification of shifting market sentiment. These signals are unique, unlike other methods of identifying market structures and therefore can be extremely powerful. They are less likely to be faked out from their signal and will not be as susceptible to market noise.

They are also extremely powerful confluence points. Using these to predict market direction and then using other tools to trade within that range can be a great approach to your trading.

Predicting true dumps and pumps

See the video below for a more detailed overview on how to use the Prophecy signals in your trading:

Custom Signals

Toolkits and signals frequently confine traders to a single algorithm, limiting their flexibility and adaptability in the market. Many traders prefer to develop their own systems without being restricted by pre-existing frameworks. Market Oracle+ addresses this need with a custom signals builder, allowing users to combine various components from the toolkit into a single, personalized signal or alert. Want to receive a signal when a trend shift coincides with bullish candlestick patterns? With just a few clicks, this can now be set up. Additionally, traders can create alerts based on their custom signals, making it easier than ever to automate trades.

info

To use the Custom Signals please ensure signals are enabled at the top of your settings.

To activitate these, open the settings, navigate to the custom alert section.

Plus labels denote a triggered signal

The first two provided dropdowns are the two conditions you want met to trigger an alert. The final number input is the lookback for the conditions to be met. For example, let's say you want an alert when a buy signal comes at the same time as bullish candlestick, however the buy signal appears 2 candles later; here with a setting of 5 our alert would trigger as the two conditions happened within 5 bars of each other.

Quantum Bands

Quantum Bands identify zones with a high probability of price reversals by analyzing market momentum and noise. When the price enters a zone, a reversal becomes more likely, making these bands especially effective when combined with other reversal indicators.

What sets these bands apart is their adaptability to trending markets, enabling identification of reversals in both ranging and trending markets by leveraging volatility calculations.

Bounces off the bands

Additionally, users can employ Multi-Time Frame (MTF) functionality to load bands from higher timeframes, providing a wider view of support and resistance levels. Quantum Bands are particularly valuable for scalpers seeking quick entry and exit points, as entering trades at the bands' extremes allows for earlier entries, while exiting on the touch of the opposing band serves as a strategic take-profit level.

Quantum Reactor

The Quantum Reactor is a powerful market balance point with trend identification; designed to help filter out fake pumps and dumps. The Reactor turns gray during higher risk markets to avoid false signals, effectively filtering out unprofitable trades and offering unique insights into price action. While traditional moving averages continually try to adapt to trends, the Reactor selectively avoids adaptation, providing a more refined approach to trend analysis.

See here how to use the Quantum Reactor in more detail.

Using the QR to detect and filter out fake dumps and pumps can be particularly powerful. Knowing when breakouts are truly occuring vs bull/bear traps can help traders protect their portfolio and trades.

The reactor showing a range

The reactor also has two modes, fast and slow which can be toggled in the settings. A slower reactor will be less subject to noise, more stable and more suited to longer term traders. The fast mode is more useful to short term scalpers and will react faster to price action.

The slow reactor filtering a pump