TradingAlpha Docs Back to AlphaX

Phantom

Use a broader directional reference alongside the other suites.

Reviewed 2026-09-08

On this page

What to look for

Phantom is a separate indicator used for directional context and confluence. Compare its bullish or bearish state with the setup you see in Alpha Trend or the volatility suites.

A bullish micro-trend dot can occur while Phantom remains bearish. That disagreement is information about the tools' different responses; it is not necessarily a rendering error.

Trend transitions

Look for a Phantom transition alongside a developing change in broader market behavior. The original guide illustrates a bottom setup followed by a bullish Phantom change. Keep the order of events visible when reviewing a historical chart.

Divergence and power shifts

Compare the direction of price with Phantom's behavior. A disagreement can prompt closer examination of weakening momentum. It does not establish that a reversal must happen immediately.

Use it as confluence

Start with a named setup, then note whether Phantom agrees, disagrees, or is changing. Combine that with completed price action and your risk plan. Do not assume Phantom's state is included in a Screener condition unless the app explicitly offers that condition.