TradingAlpha Topping signals
The Alpha Trend topping signal highlights potential exhaustion after upward movement. The guide depicts it with an orange bar and a T label. Identify the signal's own label and the surrounding trend before drawing a conclusion.
For the guide’s price-action method, the candle immediately following the topping bar must close below the topping bar’s low wick. If it does not, that next-bar confirmation has failed. An apparent top can fail while an uptrend continues.
Bottoming signals
A blue bar with a B label highlights possible downside exhaustion. It is a potential setup, not proof that price cannot move lower. Examine the signal candle, subsequent dots and candles, and broader trend.
For the guide’s price-action method, one of the next two candles must close above the bottom bar’s high wick. Clusters of B signals followed by green dots can also be studied as a basing pattern, but that is a different observation from the two-candle close rule.
Raw and confirmed scans
The Screener offers distinct original-signal and confirmed conditions where supported. Read the selected label. Selecting a bottom signal alone should not be described as selecting a confirmed bottom.
The original guide discusses multiple confirmation approaches, including dots and RSI/Thrust context. These are not interchangeable with every app filter. Use the app's descriptions and check the actual completed-candle sequence.
Follow a repeatable process
- Identify the labeled top or bottom signal.
- Note its timeframe and signal candle.
- Check completed follow-through and the confirmation you are using.
- Inspect nearby support/resistance and the broader trend.
- Record your invalidation point before considering an action.
If the setup never confirms, keep it classified as potential rather than rewriting its history after the outcome is known.