DV – Market Navigator #

DV – Market Navigator can be accessed by navigating to the indicators section, typing in ‘DV’, and then selecting ‘DV-Market Navigator’. The Market Navigator indicator will appear at the top of the chart.

The “Market Navigator” indicator is a versatile tool designed for users to identify potential buy and sell signals based on a variety of market conditions and technical indicators. It allows users to either combine multiple signals or focus on individual signals to make informed trading decisions.

Signal Combination Options: #

Combination of Signals: Multiple signals are combined, and a buy or sell signal is generated based on the cumulative score of triggered signals.
Individual Signals: Each signal is evaluated independently, and a buy or sell signal is generated if any of the selected signals are triggered.

Buy Signals #

• Buy Signal 1 (Cross Above 21 EMA)
  This signal is triggered when the price crosses above the 21 period Exponential Moving Average (EMA). Where the current bar closed above 21 EMA while previous bar closed below 21 EMA.
• Buy Signal 2 (Trending Above 21 EMA)
  This signal is triggered when the price closes above the 21 EMA for each of the last 5 periods.
• Buy Signal 3 (Living Above 21 EMA)
  This signal is triggered when the price closes above the 21 EMA for each of the last 15 periods.
• Buy Signal 4 (Cross Above 50 SMA)
  This signal is triggered when the price crosses above the 50 period Simple Moving Average (SMA). Where the current bar closed above the 50 SMA while previous bar closed below 50 SMA.
• Buy Signal 5 (Cross Above 200 SMA)
  This signal is triggered when the price crosses above the 200 period Simple Moving Average (SMA). Where the current bar closed above 200 SMA while previous bar closed below the 200 SMA.
•  Buy Signal 6 (Low Above 50 SMA)
  This signal is triggered when the lowest price of the bar is above the 50 period SMA.
• Buy Signal 7 (Accumulation Day)
  An accumulation day is identified when the closing range of a bar is greater than 50% with larger volume than the previous bar.
• Buy Signal 8 (Higher High)
  This signal occurs when the current bar’s high is greater than the highs of the previous 14 bars.
• Buy Signal 9 (Key Reversal Bar)
  A key reversal bar signal is generated when the stock opens below the low of the previous bar, but rallies to close above the previous bar’s high.
• Buy Signal 10 (Distribution Day Fall Off)
• This signal is triggered when a distribution day “falls off” the rolling 25 bar period.

Sell Signals #

• Sell Signal 1 (Cross Below 21 EMA)
  This signal is triggered when the price crosses below the 21 period Exponential Moving Average (EMA). Where the current bar close is below 21 EMA while previous bar closed above the 21 EMA.
• Sell Signal 2 (Trending Below 21 EMA)
  This signal is triggered when the price closes below the 21 EMA for each of the last 5 periods.
• Sell Signal 3 (Living Below 21 EMA)
  This signal is triggered when the price closes below the 21 EMA for each of the last 15 periods.
• Sell Signal 4 (Cross Below 50 SMA)
  This signal is triggered when the price crosses below the 50 period Simple Moving Average (SMA). Where the current bar closed below 50 SMA while previous bar closed above the 50 SMA.
• Sell Signal 5 (Cross Below 200 SMA)
  This signal is triggered when the price crosses below the 200 period Simple Moving Average (SMA). Where the current bar closed below 200 SMA while previous bar closed above the 200 SMA.
• Sell Signal 6 (High Below 50 SMA)
  This signal is triggered when the stock’s high price crosses below the 50-day SMA with the previous close above the 50 SMA.
• Sell Signal 7 (Distribution Day)
  A distribution day is identified when the closing range of a bar is less than 50% with larger volume than the previous bar.
• Sell Signal 8 (Lower Low)
  This signal occurs when the current bar’s low is less than the lows of the previous 14 bars.
• Sell Signal 9 (Downside Reversal Bar)
  A downside reversal bar signal is generated when the stock opens above the high of the previous bar, but falls to close below the previous bar’s low.
• Sell Signal 10 (Distribution Cluster)
  Triggered when a distribution day has occurred 3 times in a rolling 7 bar period.

Settings #

Inputs #

Choose your Signal Option:

• Combination of Signals – Select a number of buy & sell signals needed to meet the signal threshold. Once the determined amount of buy or sell signals have been met then a buy or sell signal will appear on the chart.
• Individual Signals – Choose the individual buy and sell signals that you want to be displayed on your chart.

Style #