Smart Signals AI+

Smart Signals AI+ Indicator Description

Table Interpretation
The Smart Signals AI+ indicator includes a multi-timeframe table that helps traders evaluate market momentum and trend direction across five timeframes: 30 minutes (30m), 1 hour (1h), 4 hours (4h), 1 day (1D), and 1 week (1W). The table is a quick reference to identify potential bullish opportunities by showing the strength and trend of the indicator’s momentum metric.

• TF Column:
  
  • Purpose: Displays the timeframe and highlights potential oversold conditions.
    Interpretation: A blue background indicates the Smart Signals AI+ momentum metric is in an oversold zone (below a key threshold), suggesting the asset may be primed for a bullish reversal. A gray background shows neutral or overbought conditions.
    
  BIAS Column:
  
  • Purpose: Shows whether momentum is rising or falling.
    Interpretation:
    
    • ↗ (Bullish): Momentum is increasing (blue arrow), indicating potential bullish strength.
      ↘ (Bearish): Momentum is decreasing (red arrow), suggesting weaker price action.
      Multiple timeframes with ↗ arrows signal stronger bullish momentum, especially when paired with blue TF cells.
      
    VALUE Column:
    
    • Purpose: Shows the numerical value of the Smart Signals AI+ momentum metric, rounded to two decimals.
      Interpretation:
      
      • 
        A low value (below 15) indicates oversold conditions, increasing the chance of a bullish reversal.
        A high value (above 80) suggests potential overbought conditions, though the indicator focuses on bullish signals.
        Values between 15 and 80 show neutral momentum, with lower values closer to buy opportunities.
        
      Practical Use:
      
      • 
        Look for alignment across timeframes. For example, if 1h, 4h, and 1D show blue TF cells and ↗ arrows, it suggests a strong bullish setup.
        Use the table to confirm trades on lower timeframes (e.g., 1h) when higher timeframes (e.g., 4h, 1D) show oversold conditions and bullish momentum.
        
      • Check the VALUE column to gauge how close the momentum metric is to the oversold threshold or to spot extreme levels.
        
  Signal Interpretation
  The Smart Signals AI+ indicator generates buy signals to highlight potential bullish entry points based on its momentum metric.
  
  
  • Condition:
    
    • 
      Buy signals appear when the momentum metric moves above a key threshold (15), indicating the asset is exiting an oversold zone.
      Signals are restricted to timeframes of 30 minutes or higher (e.g., 30m, 1h, 4h), avoiding noisy lower timeframes like 5m or 15m.
      
    Appearance:
    
    • 
      Shown as "Buy" labels below the price bars, with a blue background and white text for clear visibility.
      
    Meaning:
    
    • 
      A buy signal suggests the asset may be starting a bullish move, making it a potential entry point for long trades.
      Signals on higher timeframes (e.g., 4h, 1D) are generally more reliable due to reduced market noise.
      
    Usage:
    
    • 
      Use buy signals as entry points for long positions, but confirm with the table or other factors like support levels, trendlines, or volume.
      Example: A buy signal on the 1h chart is stronger if the table shows oversold conditions (blue TF cells) and ↗ arrows on 4h and 1D, indicating multi-timeframe bullish alignment.
      
    Caution:
    
    • 
      Signals may shift until the price bar closes, so wait for confirmation to avoid false entries.
      The indicator focuses on buy signals only, so use other tools (e.g., resistance levels or moving averages) to plan exits.
      
  Configuration and Functionality
  The Smart Signals AI+ indicator is user-friendly, with customizable settings to suit different trading styles, and uses a momentum-based approach to identify bullish opportunities.
  
  
  • Configuration:
    
    • Access Settings:
      
      • 
        In TradingView, click the gear icon next to the indicator’s name to open the settings menu.
        Go to the Inputs tab to adjust options.
        Click OK to save changes.
        
      Table Settings:
      
      • Show Table: A checkbox (default: enabled) to show or hide the table. Disable it to reduce chart clutter if you only want buy signals.
        Table Position: A dropdown menu (default: top-right) to place the table in the top-right, top-left, bottom-right, or bottom-left of the chart.
        
      Indicator Settings:
      
      • Smoothing: Adjusts how smooth the momentum metric is (default: 3). Higher values reduce noise but make signals slower.
        Momentum Length: Sets the period for the momentum calculation (default: 14). Lower values increase sensitivity for volatile markets like cryptocurrencies.
        Secondary Length: Adjusts a secondary period for the momentum metric (default: 14). Fine-tune for faster or slower signals.
        
      Tips:
      
      • 
        Move the table to the bottom-right or bottom-left if it blocks price action or other indicators.
        Adjust Momentum Length and Smoothing for specific assets (e.g., lower values for fast-moving markets).
        Test settings on a demo chart to find the best setup for your trading strategy.
        
    Functionality:
    
    • Momentum Calculation: Uses a combination of price momentum metrics to generate a value that measures the asset’s strength relative to recent price ranges.
      Buy Signals: Triggered when the momentum metric moves above 15 on timeframes ≥ 30 minutes, highlighting potential bullish reversals from oversold conditions.
      Multi-Timeframe Table: Displays momentum values and trend direction (bullish or bearish) for 30m, 1h, 4h, 1D, and 1W, helping traders assess market conditions across multiple horizons.
      
    • Visuals: The momentum metric is plotted with a gradient fill (blue for positive momentum, magenta for negative) and a reference line at 15 to mark the buy signal threshold.
      
  Table Development
  The Smart Signals AI+ indicator includes a multi-timeframe table to help traders quickly assess market conditions across 30m, 1h, 4h, 1D, and 1W timeframes.
  
  
  • Design:
    
    • 
      Compact layout with a semi-transparent dark background to minimize chart obstruction.
      Uses clear text and a thin border for readability, placed by default in the top-right corner.
      
    Purpose:
    
    • 
      Summarizes momentum and trend direction to help traders spot aligned bullish conditions.
      Highlights oversold zones (below 15) where bullish reversals may occur, aiding trade prioritization.
      
    Data:
    
    • 
      Shows the momentum metric value and trend direction for each timeframe.
      Compares current and previous momentum values to determine bullish (↗) or bearish (↘) trends.
      
    Customization:
    
    • 
      Toggle the table on/off using the Show Table setting.
      Adjust the table’s position (top-right, top-left, bottom-right, bottom-left) to suit your chart layout.
      
  Limitations
  • 
    Signal Changes: Buy signals and table values may shift until the price bar closes, so confirm signals with bar closure to avoid false entries.
    Bullish Focus: The indicator only provides buy signals, requiring external tools for exit or short strategies.
    Timeframe Restriction: Signals are limited to timeframes ≥ 30 minutes, which may not suit scalpers trading on 5m or 15m charts.
    No Overbought Alerts: High momentum values (above 80) are visible in the table but not flagged as sell signals.
    
  Recommendations
  • 
    Test the indicator on your chosen asset and timeframe to ensure it fits your strategy.
    Combine buy signals with table data (e.g., oversold conditions and ↗ arrows on multiple timeframes) for higher-confidence trades.
    Use additional indicators like support/resistance or volume to confirm signals and plan exits.
    Wait for price bar closure in live trading to reduce the risk of acting on changing signals.