Snap warns you when a move is losing steam and a reversal is likely. Get out before the crowd and protect your profits.
What Snap Does
Snap detects divergences and exhaustion patterns that often precede reversals. When price makes a new high but the underlying momentum doesn't confirm, Snap alerts you to the potential danger.
Key Features
- Divergence Detection - Spots bullish and bearish divergences
- Exhaustion Warnings - Alerts when trends are overextended
- Visual Markers - Clear on-chart annotations
- Multi-Timeframe - Works on any timeframe
Types of Signals
Bearish Divergence
Price makes a higher high, but momentum doesn't confirm. This suggests the uptrend may be weakening and a reversal could be coming.
Bullish Divergence
Price makes a lower low, but momentum doesn't confirm. This suggests the downtrend may be weakening and a bounce could be coming.
Exhaustion Zones
Areas where price has moved too far too fast. These often precede pullbacks or reversals.
Best Practices
- Use Snap warnings as profit-taking signals in existing trades
- Look for Snap signals at Fangs zones for reversal trade entries
- Higher timeframe Snap signals are more significant
- Combine with Rush momentum fading for confirmation
Settings
- Sensitivity - Low/Normal/High controlling how many divergences are detected
- Show Divergence Lines - Toggle lines connecting divergence pivots
- Show Danger Zones - Toggle background highlighting for exhaustion areas
- Show Warning Labels - Toggle warning labels on chart
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