10X-Indicator

10xmarius

$29/Month

The subscription will be paid monthly. Cancel anytime

The 10X-Indicator shows where momentum turns and puts every turn into context: 10X-Dots mark the turn directly on the price chart, and 10X-Zones show how far price moved after similar situations on the same symbol and timeframe.

What you get

Four 10X-Dot types on the price chart: big dots at stretched levels, small dots for every other turn.
Levels that adapt to your timeframe, from minutes to weekly charts.
10X-Zones with three levels (L1, L2, L3) and the share of similar past situations that reached each one.
Ready-made alerts for every dot type and every level, also for webhooks.
No repainting of the zones: once drawn, the levels never move.

How it works

10X-Dots

The dots are based on the public WaveTrend momentum calculation. A dot appears when momentum turns:

Big Green (below the bar): momentum turns up from an oversold level.
Small Green (below the bar): every other upward turn, a possible bullish trend change.
Big Red (above the bar): momentum turns down from an overbought level.
Small Red (above the bar): every other downward turn, a possible bearish trend change.

Timeframe-adaptive levels

The overbought and oversold levels adapt to the chart timeframe, because higher timeframes swing less extremely. You can switch this off and set your own levels.

10X-Zones (the original part)

For every new dot, the indicator looks at similar situations in the history of the same symbol and timeframe, compared by momentum, trend and volatility, and checks how far price moved afterwards. From this it draws three levels with shaded zones:

Fixed distance (default): the levels sit at fixed distances, and each label shows the share of similar past situations that reached it.
Fixed hit rate: you set the share, and the indicator places the levels at the matching distance.

More recent situations count more. With little history, the result is kept conservative, and until enough cases are stored the levels are drawn without a share. Once price reaches a level, its label shows "HIT".

Why the parts belong together: the dots show where momentum turns, the adaptive levels separate turns at stretched levels from all other turns, and the 10X-Zones put each new dot into the context of what happened after similar situations before.

How to use

Add the indicator to any chart. A dot describes the current state of momentum; it says nothing about what price does next. The 10X-Zones are historical frequencies, not a forecast and not a price target. Price can stop before L1 or move far beyond L3. Use the dots and the 10X-Zones as context together with your own analysis, not as a stand-alone decision rule.

Optionally, the candles are colored by momentum direction between two dots. Filters let you use only big or only small dots for the 10X-Zones, or leave out red dots.

Tip: if a candle covers a label, open Layers on the chart and drag the 10X-Indicator above the symbol.

Alerts

Pick one of the hidden alert values and set the condition "greater than 0.5":

Alert: any 10X-Dot
Alert: Big Green / Small Green / Big Red / Small Red 10X-Dot
Alert: 10X-Zones Level 1 / Level 2 / Level 3 reached

For webhooks, "Dot" (2 = Big Green, 1 = Small Green, -1 = Small Red, -2 = Big Red, 0 = none) and "Level reached" (1, 2 or 3) combine the values in one series.

Bar close and repainting

Dots: by default ("Confirm dots on bar close" on), a dot appears only when the bar closes and never moves or disappears afterwards. With the setting off, dots appear during the bar as an early hint and can disappear again before the bar closes.
10X-Zones: always start on bar close only. The levels never move after they are drawn. Only data up to the current bar is used; no future data.

Limitations

In strong trends, momentum can stay at stretched levels for a long time and produce several dots in a row.
The 10X-Zones need a history of past dots. On symbols with little data it can take a while until shares appear, and few cases make them less reliable.
The default settings come from the author's own tests on Bitcoin. They are a starting point, not an optimum for every market or timeframe.
Past moves do not guarantee future moves.