Introducing v1.0.1 BacktestX Chart. Learn More
Version: 1.0.1

BacktestX Pro Indicators

Guide to the proprietary custom technical indicators built directly into the BacktestX engine.

BacktestX RSI + MA

Description: Plots a Relative Strength Index (RSI) line along with a smoothed moving average of the RSI line.

Practical Uses

Smoothing RSI fluctuations to identify clean momentum crossovers and divergence trends.

How to Draw / Use

Select 'BacktestX RSI + MA' from the Indicators dropdown popup. Customize SMA/EMA types in settings.

BacktestX Trend Cloud

Description: Generates a shaded cloud between a fast EMA and slow EMA line on the overlay chart.

Practical Uses

Visualizing bullish (green cloud) and bearish (red cloud) trend zones and pullbacks.

How to Draw / Use

Select 'BacktestX Trend Cloud' from indicators. It overlays directly on the candle series.

BacktestX MACD Leader

Description: A proprietary MACD variant containing a leading momentum curve in addition to the MACD and Signal lines.

Practical Uses

Spotting momentum reversals earlier than standard MACD crossovers.

How to Draw / Use

Select 'BacktestX MACD Leader' from the indicators list panel.

BacktestX Volume Profile

Description: Plots a volume-by-price histogram directly overlaying the right side of the active price panel.

Practical Uses

Finding high-volume nodes (HVN), low-volume nodes (LVN), and value area support zones.

How to Draw / Use

Select 'BacktestX Volume Profile' to overlay session volume metrics on the price pane.

BacktestX Order Blocks

Description: Scans price waves and highlights zones where institutions placed major buying or selling orders.

Practical Uses

Identifying high-probability support and resistance zone block levels.

How to Draw / Use

Select 'BacktestX Order Blocks' from indicators menu to highlight key blocks on the chart.

BacktestX Smart Market Structure

Description: SMC engine marking Change of Character (CHoCH), Break of Structure (BOS), and swing high/low points.

Practical Uses

Smart Money Concepts trading, trend breaks, and structural market mapping.

How to Draw / Use

Select 'BacktestX Smart Market Structure' from indicators to map structural breaks.

BacktestX Fair Value Gaps (FVG)

Description: Detects 3-bar imbalance gaps where price moved rapidly, leaving unfilled liquidity.

Practical Uses

Identifying zones that price will likely retrace and fill in future sessions.

How to Draw / Use

Select 'BacktestX Fair Value Gaps' to draw shaded gap zones on the price chart overlay.

BacktestX Wave Trend Oscillator

Description: An advanced wave oscillator tracking market exhaustion cycles by combining average ranges.

Practical Uses

Spotting precise exhaustion extremes and trigger entries.

How to Draw / Use

Select 'BacktestX Wave Trend Oscillator' from indicators. Renders as sub-panel oscillator.

BacktestX ADX Trend Filter

Description: Filters trend directions by coupling directional index strength with moving average alignments.

Practical Uses

Eliminating false breakout entries during low volatility trading hours.

How to Draw / Use

Select 'BacktestX ADX Trend Filter' to add momentum trend line filters.

BacktestX Pivots Support/Resistance

Description: Draws key levels dynamically calculated from swing peaks and valleys.

Practical Uses

Projecting dynamic support and resistance channels.

How to Draw / Use

Select 'BacktestX Pivots Support/Resistance' to show pivot lines.