SPX Direction Trend and Reversal Detector

This strategy waits for a very strong candle, makes sure the market is going in the same direction, then enters a trade with strict risk control and automatic exits.

Setting # 1:
Backtesting in the last 90 days

When does it trade?

The strategy only trades during a specific session, for example US market hours.

If the market is outside this time:

❌ No trades

❌ No signals

This avoids low-quality moves.

What candle is it looking for?

The strategy looks for a strong candle.

A strong candle means:

• The candle is big enough
• Most of the candle is body, not wick
• Very small wicks on top and bottom

In simple terms:
Price moved strongly in one direction without hesitation.

Direction rules (trend check)

Before trading, it checks the trend.

For a BUY:

• Price is above the trend line
• The higher timeframe is also pointing up

For a SELL:

• Price is below the trend line
• The higher timeframe is also pointing down

If the trend does not agree:

❌ No trade

This prevents trading against the main direction.

Volume check (confirmation)

The strategy checks if volume is higher than normal.

If volume is weak:

❌ Ignore the candle

This avoids fake moves.

Entry timing

Instead of entering immediately, the strategy usually:

• Waits for the next candle
• Then enters the trade

This makes the strategy more realistic and safer.

No revenge trading (cooldown)

After a trade closes:

• The strategy waits a few candles
• No new trades during this cooldown

This prevents:

• Overtrading
• Emotional re-entries

Risk management (the heart of the system)

Every trade has predefined risk.

Two modes are available.

Fixed points:

• Fixed stop loss, for example 10 points
• Fixed take profit, for example 10 points

ATR-based (dynamic):

• Stop is based on market volatility
• Take profit is a multiple of the stop

Either way, risk is always known before entering.

Break-even protection

If price moves in your favor:

• Stop loss moves to the entry price
• An optional small profit can be added

This means:

• Worst case becomes no loss
• Good trades are protected

Trailing stop (optional)

If enabled:

• The stop follows price as it moves
• More profit is locked in during strong moves

Forced exits (safety rules)

The strategy can:

• Close all trades at session end
• Close trades at a specific clock time

This avoids:

• Overnight risk
• News spikes

Alerts (communication)

The strategy sends alerts when:

• A trade opens
• Take profit is hit
• Stop loss is hit

Alerts include:

• Direction (BUY or SELL)
• Entry price
• Take profit and stop loss
• Timeframe

What the visuals mean

On the chart you will see:

• EMA line showing the trend direction
• BULL or BEAR labels marking strong candles
• Background color showing when the trading session is active

These visuals help you understand the strategy logic in real time.

How to Add an Alert Using the Ignition Strong Candle ES1! Strategy on TradingView

Setting up alerts correctly ensures you never miss a valid trading signal. This guide walks through the exact process of adding an alert using the Ignition Strong Candle ES1! Strategy, following a clean and structured workflow.

Step 1: Open Indicators
From the top menu of the chart, click Indicators.

Step 2: Navigate to Invite-only
Inside the Indicators panel, select Invite-only from the left-hand menu.

Step 3: Locate the Strategy
Find Ignition Strong Candle ES1! Strategy in the list and add it to your chart.

Step 4: Open the Strategy Menu
At the top of the chart, beside Ignition Strong Candle ES1! v2.1, click the three dots (⋯) to open the options menu.

Step 5: Add the Alert
From the menu, click Add alert on Ignition Strong Candle ES1! V2.1.

Step 6: Create the Alert
In the alert window, click Create.

Once created, the alert will automatically notify you whenever the strategy conditions are met on the selected timeframe.
This completes the setup.