Enigma Cipher

Enigma Cipher

Enigma Cipher is a technical analysis indicator designed to help traders identify potential bullish and bearish market reversals through price pressure, momentum and multiple confirmation conditions.

The indicator evaluates the relationship between recent price behaviour and the current signal candle. Additional filters can be enabled to refine the analysis and reduce signals that do not meet the selected conditions.

How It Works

Enigma Cipher first evaluates market pressure and price behaviour to identify a potential reversal condition. The signal can then be confirmed using additional technical conditions such as divergence, volatility, momentum, trend and higher timeframe analysis.

The exact combination and implementation of the conditions are part of the indicator's internal methodology.

Signal Analysis

Depending on the selected settings, Enigma Cipher can use several confirmation components, including:

  • Price pressure analysis
  • Divergence analysis
  • Momentum confirmation
  • Volatility and range conditions
  • Reversal candle confirmation
  • Trend and strength filters
  • Higher timeframe confirmation
  • Volume conditions
  • Session filtering

Signal Settings

The indicator provides adjustable parameters that control signal sensitivity and filtering.

For example, increasing the number of context bars or making confirmation conditions more restrictive can reduce the number of signals and make the analysis more selective. Reducing certain requirements can allow more signals to appear.

Each market and timeframe may require different settings. Users can adjust the available parameters according to their preferred trading approach.

Trade Levels

When a signal is detected, Enigma Cipher can display an Entry level, Stop Loss and multiple Take Profit levels directly on the chart.

The indicator can also display visual trade zones and level lines to make the detected setup easier to analyse.

Dashboard

The optional dashboard provides a summary of the active confirmation conditions and current market information. This allows traders to see which selected filters are supporting or rejecting a potential setup.

Alerts

Enigma Cipher supports configurable alerts for newly detected signals. Users can enable or disable terminal alerts and push notifications according to their preferences.

Intended Use

Enigma Cipher is intended as a technical analysis tool to assist traders in evaluating potential market reversals and trading setups.

The indicator does not execute trades automatically and does not guarantee any particular trading result. Trading decisions remain the responsibility of the user.

Past signals and historical market behaviour do not guarantee future results. Appropriate risk management and independent analysis should always be considered.

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This indicator is very usefull to TRADE Trading Ranges and helps identify the following TREND. Every Trader knows that any market stay 80% of the time in trading ranges and only 20% of the time in TREND; this indicator has been built to help traders trade trading ranges. Now instead of waiting for the next TREND, You can SWING TRADE on trading ranges with this simple yet very effective indicator. TRADING with CONGESTIONI INDICATOR: The CONGESTIONI Indicator identify a new trading range and ale
I have been trading for some time now and always find it a difficulty remembering the timing of the various market opening hours at the other part of the world (especially, when it comes to daylight saving), but could not find any decent indicator online that could help. And it is for this reason that gives birth to this indicator, which I have spent much time, effort and thinking. As many already know that opening of a certain marketplace, depending on which currency pair, has an impact on the
Scientific trade
Aleksey Ivanov
5 (1)
An extremely convenient indicator that truly makes the process of making money on the exchange easy. It is based on the scientifically rigorous theory of the market developed by the author, the beginning of which is presented here .                The full algorithm of this indicator operation is presented in the article .               The indicator calculates the most probable price movement trajectory and displays it on the chart. Based on the predicted price movement trajectory
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