PaTFx Premium Smart Signals

PATFX Premium: Smart Signals, Structure and Clean Trade Levels

PATFX Premium puts BUY/SELL signals, market structure and key price levels on your chart without covering your candles. The entry, stop loss and three take-profit levels are drawn in the empty space to the right of the last candle, with their prices.

Main features

• BUY/SELL arrows. Signals come from an EMA cross filtered by a trend EMA. Three modes: Aggressive (cross only), Balanced (cross plus trend EMA) and Conservative (also requires a strong candle body).
• Closed-bar signals. An arrow is only drawn after the signal candle has closed. It does not appear and then disappear on the live candle.
• Entry, SL and TP1 / TP2 / TP3 on the right. The stop loss goes beyond the recent swing extreme plus an ATR buffer. The take-profits are set by your risk-reward ratios. Every level is labelled with its price.
• Live signals only. Levels are shown only while a signal is recent and neither the stop nor TP3 has been reached. Finished or expired signals are removed, so you never see an old trade presented as current. The dashboard shows the result of the last signal.
• Market structure. BOS, CHoCH and MSS labels.
• Support and resistance. The newest levels are drawn.
• Previous day high/low (and optionally previous week high/low) as short stubs in the right margin.
• Optional extras (off by default). Fair value gaps, order blocks, premium/discount line, OTE zone, pivot labels, EMA lines and trading sessions. Turn on only what you use.
• Dashboard. Trend bias, structure, signal status and age, entry/SL/TP, current zone, previous day levels, ATR and multi-timeframe bias. Click +/- on the chart to expand or collapse it.
• Alerts. Pop-up alerts for new signals and structure breaks, with optional push notifications.
• Works on any symbol and timeframe.

How to use it

1. Attach the indicator to a chart. It applies a dark theme and leaves blank space on the right.
2. Wait for an arrow after a candle closes.
3. Check the entry, SL and TPs on the right. Decide whether the setup suits your own plan.
4. Remove the indicator and your original chart colours and shift are restored.

Good to know

• Signals are confirmed on candle close, so they appear when the next candle opens.
• Swing pivots, and therefore structure labels, are confirmed a few bars later (set by SwingLen).
• It is an analysis aid. It does not place trades and does not guarantee any result.
• Trading involves risk. Test on a demo account first.

Input parameters

Signals

• SignalMode (Balanced): Aggressive = EMA cross; Balanced = cross plus trend EMA; Conservative = also a strong candle body.
• FastEMA (20), SlowEMA (50): EMA periods used for the cross. FastEMA must be smaller than SlowEMA.
• TrendEMA (200): trend filter period.
• ATRPeriod (14): ATR period for stops and filters.
• ShowEMAs (false): draw the fast and slow EMA lines.
• AlertOnSignal, AlertOnStructure, AlertOnOverlap (true): alert switches.
• PushNotify (false): also send a push notification.

Trade levels

• ShowTradeLevels (true): show entry, SL and TPs.
• MaxSignalAgeBars (24): a signal older than this many bars is treated as expired.
• ShowClosedLevels (false): also show finished or expired signals in grey, marked CLOSED.
• SLSwingBars (5): the stop goes beyond the extreme of the last N bars.
• SLATRBuffer (0.2): extra ATR distance beyond that extreme.
• RR1, RR2, RR3 (1, 2, 3): risk-reward ratios for TP1, TP2 and TP3.
• ShowLotSize (false): show a lot size on the dashboard.
• RiskPercent (1.0): percent of balance used for the lot calculation.
• RightGapBars (3): empty bars between the last candle and the level lines.
• LevelLineBars (10): length of the level lines.
• RightMarginPct (30): blank space on the right, as a percent of the chart width (10-50).

Structure

• ShowStructure (true): BOS, CHoCH and MSS labels.
• SwingLen (5): bars on each side needed to confirm a pivot.
• MaxStructure (2): number of newest breaks drawn.
• ShowPivotLabels (false): HH/HL/LH/LL labels.
• MSSDisplacement (1.0): a CHoCH with a body of at least this many ATR is labelled MSS.
• ShowOB (false), MaxOB (2): order blocks and how many.
• ShowPremDisc (false): equilibrium line.
• ShowOTE (false): 0.618-0.79 zone of the last leg.

Support and resistance

• ShowSR (true), MaxLevels (2), ShowBrokenSR (false).

Fair value gaps

• ShowFVG (false), MaxFVG (3), MinFVGPoints (30), ShowMitigatedFVG (false), ExtendBars (20).

Previous day and week

• ShowPDHL (true), ShowWeekLevels (false).

Sessions

• ShowSessions (false), ShowSessionBoxes (false), and the start and end hours for Asia, London, New York and their kill zones.

Dashboard

• ShowDashboard (true), DashExpanded (false), DashX, DashY, DashFont.

Look

• ApplyChartTheme (true): apply the dark theme.
• RestoreOnRemove (true): restore your chart colours and shift when removed.
• LookbackBars (400): bars scanned for drawing.
• PapBlue, PapGold, BgColor: colours.

Risk warning: trading financial instruments involves risk. Past signals do not guarantee future results.