SFX Algo Algorithm Settings

The SFX Algo has four customizable general settings, allowing you to fine-tune the algorithm to match your trading style and adapt to your market conditions. However, it’s important to emphasize that these signals shouldn’t be used blindly. They are best utilized as tools for analyzing the market, providing a deeper understanding of price action, trends, and potential opportunities.

Signal Sensitivity

The sensitivity setting is a key parameter that influences the number of signals the SFX Algo generates. By adjusting this parameter, you can control the frequency of signals produced by the algorithm.

Low Sensitivity

Using a lower sensitivity setting generates more frequent signals that are highly responsive to minor price fluctuations. A lower sensitivity is ideal for traders seeking to capitalize on short-term opportunities, such as scalpers or those trading fast-moving markets.

High Sensitivity

Using a higher sensitivity setting reduces the frequency of signals, focusing on more significant price movements and filtering out minor fluctuations. This setting is ideal for traders targeting longer-term trends.

Signal Strength

The Signal Strength setting filters signals based on their quality, allowing traders to focus on the most reliable opportunities. This feature helps traders balance the quantity and reliability of the algorithm’s signals to suit their trading strategy.

Low Signal Strength

Using a lower signal strength will display more signals, including those with lower signal ratings, for broader market coverage.

High Signal Strength

Using a higher signal strength will display fewer signals by prioritizing those with higher signal ratings, reducing market noise.

Time Weighting

The Time Weighting setting determines how the SFX Algo evaluates historical market data to generate signals.

Recent Trends

Focuses on the most recent movements for short-term analysis. This setting is good for scalpers and intraday traders who need to react quickly to market changes.

Mixed Trends

Balances recent and historical price movements for a comprehensive market view. This setting is well-suited for swing traders and those who want to capture medium-term opportunities by combining the benefits of short-term responsiveness with the reliability of long-term trends.

Longterm Trends

Relies on extended historical market data to identify broader market trends, making it an excellent choice for traders focused on long-term strategies.

Minimum Star Rating

The Minimum Star Rating setting allows you to filter signals based on their strength, showing only those that meet or exceed your chosen threshold. For instance, setting the minimum star rating to 3 ensures you only receive signals with a rating of 3 stars or higher.