Strike is the primary trend-following overlay indicator of the SignalViper suite. It displays a dynamic cloud showing trend direction, generates entry signals, and provides momentum confirmation dots.
What Strike Does
Strike uses a dual-EMA cloud system to visualize trend direction. The cloud expands and contracts based on trend strength, changes color based on direction, and generates BUY/SELL signals when momentum confirms a trend change.
Key Features
- Trend Cloud - Dynamic cloud that's cyan when bullish, magenta when bearish, with filled area showing trend strength
- Entry Signals - BUY/SELL labels appear when momentum confirms trend direction change
- Momentum Dots - Diamond shapes above/below price showing momentum state (strong, weak, or fading)
- SL/TP Levels - Optional stop loss and take profit lines based on ATR when signals trigger
Understanding Strike
Cloud Reading
- Cyan cloud - Bullish trend (fast EMA above slow EMA)
- Magenta cloud - Bearish trend (fast EMA below slow EMA)
- Expanding cloud - Trend strengthening
- Contracting cloud - Trend weakening or potential reversal
Entry Signals
- BUY - Cloud turns bullish + momentum confirms
- SELL - Cloud turns bearish + momentum confirms
Momentum Dots
- Bright cyan dots - Strong bullish momentum
- Bright magenta dots - Strong bearish momentum
- Faded dots - Momentum weakening
Best Practices
- Trade in the direction of the cloud color
- Wait for signals at Fangs support/resistance levels
- Check Venom for volume confirmation before entry
- Use Rush chop state—only trade Strike signals when market is CLEAR
Settings
- Sensitivity - Low/Normal/High presets controlling detection thresholds
- Show Entry/Exit Signals - Toggle BUY/SELL labels
- Show Momentum Confirmation Dots - Toggle dots that show momentum agreement
- Show SL/TP Levels - Toggle stop loss and take profit reference lines
Need more help with this topic?