PHOENIX OSC Trading Guide

The Phoenix Oscillator is a quantitative technical analysis tool. * Phoenix Oscillator Concept: Measures market energy by subtracting a Slow RSI from a Fast RSI.

What does the indicator show?

• Market Structure & Momentum: Visualizes prevailing trend directions and key reversal zones.
• BUY / SELL Signals: Highlights confirmed entry and exit opportunities based on quantitative rules.
• Dynamic Boundaries: Provides adaptive levels for managing trade risk and reward expectations.

Key Settings

• Fast RSI (fastPeriod): Controls the calculation period and sensitivity for market detection.
• Slow RSI (slowPeriod): Controls the calculation period and sensitivity for market detection.
• Signal EMA (signalPeriod): Controls the calculation period and sensitivity for market detection.
• Show Signal Line (showSignal): Controls the calculation period and sensitivity for market detection.
• Strength Lookback (strengthLookback): Controls the calculation period and sensitivity for market detection.
• Phoenix Value (val): Controls the calculation period and sensitivity for market detection.
• Signal Line (signal): Controls the calculation period and sensitivity for market detection.
• Stronger Side (strength): Controls the calculation period and sensitivity for market detection.
• Bulls Stronger (bullsStronger): Controls the calculation period and sensitivity for market detection.
• Bears Stronger (bearsStronger): Controls the calculation period and sensitivity for market detection.
• Phoenix Value (val): Controls the calculation period and sensitivity for market detection.
• Signal Line (signal): Controls the calculation period and sensitivity for market detection.
• Bullish Energy Start (Zero Cross) (crossZeroBull): Controls the calculation period and sensitivity for market detection.
• Bearish Energy Start (Zero Cross) (crossZeroBear): Controls the calculation period and sensitivity for market detection.
• Signal Cross Bullish (crossSignalBull): Controls the calculation period and sensitivity for market detection.
• Signal Cross Bearish (crossSignalBear): Controls the calculation period and sensitivity for market detection.
• Bulls Stronger (Lookback) (bullsStronger): Controls the calculation period and sensitivity for market detection.
• Bears Stronger (Lookback) (bearsStronger): Controls the calculation period and sensitivity for market detection.

How to use Strategy Parameters (Condition Source)

Within the Strategy Tester module, this indicator can be used both as a direct signal source and as a market-state filter.

1. Signal Events

• crossZeroBull - Bullish Energy Start (Zero Cross) event signal.
• crossZeroBear - Bearish Energy Start (Zero Cross) event signal.
• crossSignalBull - Signal Cross Bullish event signal.
• crossSignalBear - Signal Cross Bearish event signal.
• bullsStronger - Bulls Stronger (Lookback) event signal.
• bearsStronger - Bears Stronger (Lookback) event signal.

2. Filters and Trade Levels

• fastPeriod - Fast RSI value used for structural qualification or thresholds.
• slowPeriod - Slow RSI value used for structural qualification or thresholds.
• signalPeriod - Signal EMA value used for structural qualification or thresholds.
• showSignal - Show Signal Line value used for structural qualification or thresholds.
• strengthLookback - Strength Lookback value used for structural qualification or thresholds.
• val - Phoenix Value value used for structural qualification or thresholds.
• signal - Signal Line value used for structural qualification or thresholds.
• strength - Stronger Side value used for structural qualification or thresholds.
• bullsStronger - Bulls Stronger value used for structural qualification or thresholds.
• bearsStronger - Bears Stronger value used for structural qualification or thresholds.
• val - Phoenix Value value used for structural qualification or thresholds.
• signal - Signal Line value used for structural qualification or thresholds.

Strategy Example: Enter Long when buySignal is true and trendFilter == 1, ensuring trades align with dominant momentum.