Plus Screener [ChartPrime]

6天前

The Plus Screener is designed to provide a broad vision of market conditions across selected asset classes. These models include low-lag filtering, directional bias estimation, pressure gradient calculations, probabilistic states, reversal inflection modelling, candlestick structure classification, and volatility phase metrics.

By combining these metrics the aim is to provide the user with a blanket breakdown at a glance of all key market systems and states.

Underlying Components

This section defines the technical foundations of the screener’s calculations and each column.

Low-Lag Trend Engine
The trend signals / trend-detection module based on recursive low pass filtering and phase compensation techniques to minimize delay typically seen in classical trading signals.

It produces directional states by evaluating:
- filtered slope
- rate-of-change
- smoothing derivative
- trend persistence score


This engine forms the primary input for the Trend Signals column. By combining these evaluations the trend signals offer unique insights.

A plus next to the signal shows that the signal is stronger in nature and a more violent market reaction could be occurring. A tick next to the signal suggests a system take profit (derived from ATR) was reached. This could suggest taking this trade is less likely to be profitable as we already have overextended.




A vital feature of The Prime Screener is its adaptability and customizability.
Users can refine the tuning and responsiveness of signals through the settings and tuning input, offering a tailored experience to individual trading preferences.

For example; a trader that wants to scan for longer term swing moves might want to consider using a higher tuning input. A scalper however might want to use a lower value for higher frequency signals.


Dynamic Reactor Model
The Dynamic Reactor provides a simple band passing through the chart. This can provide assistance in support and resistance locations as well as identifying the trend direction expressed via green and red colors. Taking a moving average and applying unique low lag adaptivity calculations gives this plot a unique and fast behavior. This gives a unique edge to standard high length moving averages.




This model approximates buying/selling force without relying on volume data, instead inferring pressure from displacement behaviour.



Quantum Reactor System
The quantum reactor is a custom weighted moving average analyzing trends in the market. Unlike other moving averages; weighting has been considered to account for ranging markets. The Reactor will turn gray in a ranging market to avoid chop allowing for filtering of trades. This offers a unique insight into price action. Classical moving averages will constantly attempt to re-adapt to a trend whereas the Reactor will avoid adaptation where it sees fit.

The Quantum Reactor column therefore shows the current state of this calculation making for easy volume analysis at a glance.


Candlestick Structure Classifier
Beyond signal identification, the screener incorporates a comprehensive analysis of candle patterns and potential reversals. Employing contrarian logic, the tool highlights key reversal signals on assets. Additionally, the screener accommodates ChartPrime's candlestick pattern identification, contributing a predictive element for anticipating market reversals or continuations.



These candle sticks are detected via traditional candle formations however it is important to note these are filtered. By looking for reversal candles with correct momentum attributes we can create a unique candlestick detection system.

Only patterns with statistically relevant characteristics are displayed.


Volatility Computation
In trading, volatility and finding volatile assets can help traders get in on opportunities and assess market conditions. This column in the table leverages filtered Z-scores to present a percentage rating with anything >70% deemed highly volatile. These are charts of the present possible scalping opportunities depending on the selected timeframe.





The Plus Screener consolidates multiple analytical models each focused on a distinct aspect of market behaviour, into a single, structured output.
By evaluating trend direction, displacement pressure, probabilistic bias, reversal potential, structural candle formation, and volatility phases, the system offers a high-resolution overview of each asset in a watchlist.

The goal is not to issue buy/sell decisions, but to present objective system states so traders can:
- rapidly identify favourable environments
- filter out assets lacking structure
- locate high-energy or low-energy conditions
- observe early signs of trend initiation, trend exhaustion, or reversal formation

3天前

版本注释

Fixed bugs