Market Studies — Signals Basics (2/4)

 


Signals are vertical bars on the chart. Once you have one, the Signal Analysis tab becomes available.

3 ways to add a signal

  1. Import from the database
    Add series → Market data → metric type Boolean (true or false metric).
    Example: daily / weekly MACD signal; positive periods become vertical bars.

  2. Manual Add
    Add Signal → Manual. Click dates on the chart, name the signal, pick a color, hit apply. Useful for marking events or particular dates.

  3. Value Compare
    Add Signal → Value Compare. Pick a series already on the chart (e.g. medium-term GEX) and a comparison rule: greater than, less than, or between.
    Example: GEX > 0, or GEX > 100 million.
    Edit anytime under the bubble → Signal Rules. The chart updates live.

Signal filters (Edit → Filter signal)

  • Single instance from each cluster

    • Count from the start → one bar at the beginning of each regime (entry-style).

    • Count from the end → one bar at the end of each regime (exit-style).

  • Require confirmation — e.g. 10 consecutive hits before the regime starts (reduces false starts).

  • Bridge gaps — fill short gaps so scattered hits become a continuous regime.

You can combine these filters.

Signal Analysis tab

  • Choose the signal and a benchmark (usually the close price).

  • See what happens 1 day, 1 week, 2 weeks, 1 month, 3 months, 6 months, and 1 year after each signal fires.

  • Stats: signal count, average change, median change, % of times the outcome is higher.

  • You can mix signals and change the benchmark on this tab.

Next video: secondary studies and more advanced signaling.