Detailed Settings Guide for All Features of Ultra Signal – XPro

This guide explains how to configure each feature of the Ultra Signal – XPro indicator to optimize your trading experience. Follow these steps to fully leverage the indicator’s capabilities, including Buy/Sell signals, Stop Loss and Take Profit levels, demand/supply zones, and more.

1. Buy/Sell Signals

1. Enable Buy/Sell Signals:
   • In the Settings menu, go to the Signals tab.
   • Check the box labeled “Show Buy/Sell Signals” to enable automatic Buy/Sell markers on your chart.
2. Customize Signal Strength:
   • Choose between Fast, Medium, or Slow signals based on your trading style.
     • Fast: Ideal for scalping.
     • Medium: Suitable for swing trading.
     • Slow: For long-term trades with fewer signals.
3. Alerts for Buy/Sell:
   • Set alerts under the Alerts section in TradingView for Buy and Sell signals to receive notifications when a signal is triggered.

2. Stop Loss & Take Profit Levels (SL/TP)

1. Activate SL/TP Levels:
   • In the Signals tab, enable the SLTP option.
   • This will automatically plot Stop Loss and Take Profit levels based on your selected risk/reward ratio.
2. Choose Risk/Reward Ratio:
   • You can select between 1:3, 1:4, or 1:5 ratios depending on how aggressively you want to manage your trades.
   • The chosen ratio defines how far the Stop Loss and Take Profit levels are placed from your entry point.
3. Display SL/TP Table:
   • Enable the Show SL/TP Table option to display an on-chart table with live entry price, Stop Loss, and multiple Take Profit levels.
4. Set Additional Target Levels:
   • Enable additional target levels (up to 6) under Additional Targets in the Signals tab. This is useful for partial exits at multiple price points.
5. SL/TP Alerts:
   • Set alerts in TradingView for when Stop Loss or Take Profit levels are hit to stay updated on your trade outcomes.

3. Range Detection and Breakout Alerts

1. Enable Range Detector:
   • In the Range Detector tab, check Show Range Detector to activate the feature that identifies price ranges.
2. Customize Colors:
   • Set custom colors for Range Breakout, Range Breakdown, and Unbroken Range for clear visual cues when a breakout or breakdown happens.
3. Breakout Alerts:
   • Enable breakout alerts to receive notifications when the price breaks above or below a range.

4. Demand and Supply Zones

1. Activate Demand and Supply Zones:
   • Go to the Demand/Supply Zones tab and check Enable Demand/Supply Zones to automatically detect critical demand and supply levels on the chart.
2. Customize Swing Length:
   • Adjust the Swing Length (default: 10) to fine-tune the detection of demand and supply zones. A lower swing length results in more sensitive zones, while a higher value focuses on more significant levels.
3. Set Box Width:
   • You can modify the Box Width to define the visual size of the demand/supply zones on the chart.
4. Custom Zone Colors:
   • Set the color for Supply Zones (e.g., red) and Demand Zones (e.g., blue) to easily differentiate between them.
5. Demand/Supply Zone Alerts:
   • Set alerts to notify you when the price enters a demand or supply zone, indicating a potential market reversal.

5. Signal Strength Customization

1. Adjust Signal Strength:
   • In the Signals tab, choose between Fast, Medium, or Slow signal strengths to match your trading strategy:
     • Fast: Suitable for scalping and quick trades.
     • Medium: Ideal for swing trading.
     • Slow: Best for long-term trend trades, reducing noise from minor price fluctuations.

6. EMA and Cloud EMA

1. Enable EMA:
   • Go to the EMA Settings tab and enable Show 50 EMA to plot the 50-period Exponential Moving Average on your chart.
2. Activate Cloud EMA:
   • In the same tab, check Show Cloud EMA to plot three EMAs (default periods: 5, 13, 21) that form a cloud, indicating bullish or bearish market momentum.
3. Customize EMA Periods:
   • Adjust the periods for each of the EMAs in the cloud (e.g., EMA1 = 5, EMA2 = 13, EMA3 = 21) depending on your trading preferences.
4. Change Colors for Cloud EMA:
   • Set custom colors for Cloud EMA Fast, Cloud EMA Medium, and Cloud EMA Slow to visually track market momentum shifts.
5. EMA Crossover Alerts:
   • Set alerts for EMA crossovers to receive notifications when the fast EMA crosses above or below the slow EMA, indicating potential buy or sell signals.

7. Fibonacci Retracement Levels

1. Enable Fibonacci Retracement:
   • In the Fibonacci Levels tab, check Show Fibonacci Retracement to automatically plot Fibonacci levels on your chart.
2. Set Fibonacci Period:
   • Adjust the Fibonacci Period (default: 144) to determine the lookback period for the high and low points used in calculating Fibonacci retracement levels.
3. Custom Fibonacci Level Colors:
   • Set custom colors for each Fibonacci level (0%, 23.6%, 38.2%, 50%, 61.8%, 100%) to differentiate between key support and resistance areas.
4. Fibonacci Alerts:
   • Enable alerts to notify you when the price touches or crosses significant Fibonacci retracement levels, providing potential entry or exit opportunities.

8. RSI Overbought/Oversold Alerts

1. Enable RSI Alerts:
   • In the RSI Settings tab, enable Show RSI Alerts to receive notifications when the RSI crosses into overbought or oversold territories.
2. Set RSI Thresholds:
   • Adjust the RSI Overbought and RSI Oversold levels (default: 75 for overbought, 25 for oversold) to define your custom RSI thresholds.
3. Custom RSI Colors:
   • Choose colors for overbought and oversold conditions to help you quickly spot these levels on the chart.
4. RSI Alerts for Reversals:
   • Enable alerts to notify you when the RSI crosses above or below the defined thresholds, helping you catch potential market reversals.

9. Trend Screener & Trend Ribbon

1. Enable Trend Screener:
   • In the Dashboard Table tab, check Show Trend Screener to display a table that shows the market trend across multiple timeframes (1m, 5m, 15m, 60m, 240m).
2. Trend Screener Settings:
   • Customize the EMA Period (default: 200) for each timeframe and adjust the colors for bullish and bearish trends.
3. Enable Trend Ribbon:
   • In the Trend Ribbon tab, check Show Trend Ribbon to activate a color-coded visual representation of market momentum.
   • The ribbon turns green for bullish momentum and red for bearish momentum, helping you quickly identify the current market trend.

10. Dynamic Trendlines

1. Activate Trendlines:
   • In the Signals tab, check Show Trendlines to automatically plot dynamic trendlines based on high/low points over specified periods.
2. Customize Trendline Periods:
   • Adjust the Short Period (default: 30) and Long Period (default: 100) for trendline calculation. The short period identifies more recent trends, while the long period focuses on larger trends.
3. Trendline Break Alerts:
   • Set alerts to receive notifications when the price breaks above resistance or below support trendlines, signaling potential entry points.

Summary of Key Settings

By configuring these settings, you can fully customize Ultra Signal – XPro to match your trading strategy, whether you’re a scalper, swing trader, or long-term investor. The combination of Buy/Sell signals, SL/TP levels, demand/supply zones, and advanced trend analysis makes Ultra Signal – XPro a powerful tool for maximizing trading success.