XCCX Signal Modes for Oscillator Levels and Deviation

Summary

This document describes a semaphore signal indicator built around the XCCX_StDev oscillator. Its configurable mode selects among five signal rules: oscillator levels alone, deviation thresholds alone, both conditions together, or the combined conditions filtered by trend direction. The trend filters can align signals with the prevailing trend or take them against it. The level rules identify overbought and oversold regions; the deviation rule looks for values beyond boundaries controlled by an input parameter.

The document explains the rule variants but provides no performance results, parameter evaluation, or trading guidance for choosing among them. Signals depend on the companion oscillator and smoothing library, so the description alone is insufficient to reproduce the full indicator. It also does not define how trend is measured or discuss confirmation, exits, position sizing, or risk controls. Treat the rules as indicator logic to investigate and validate, not as evidence of a profitable strategy.

Key ideas

• The indicator offers five ways to combine oscillator levels, deviation thresholds, and trend direction.
• Overbought and oversold regions are set by configurable level parameters.
• Deviation signals occur when oscillator deviation passes input boundaries.
• Trend filters can align signals with or oppose the prevailing trend.
• The document gives no backtest or evidence about signal performance.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.