Customizable Indicators - desktop

Customizable Indicators

Tailor Your Trading Strategy

Introduction

Successful trading relies on precise technical analysis, and every trader has their own strategy. Phalerta’s Customizable Indicators empower traders to define and fine-tune their own indicators, ensuring they receive alerts that align with their unique trading approach. Whether you prefer SMA, RSI, MACD, or Stochastic indicators, Phalerta allows full customization of key parameters, giving traders complete control over their alerts.

What are Customizable Indicators?

Customizable Indicators in Phalerta let users create, modify, and personalize their technical indicators based on their preferred trading setups. Instead of relying on fixed parameters, traders can adjust lengths, smoothing factors, thresholds, and other settings to better match their market strategies.

How Customizable Indicators Work

1. Creating a Custom Indicator

Users can create their own indicators by selecting from supported technical indicators, such as:

  • Simple Moving Average (SMA) – Customize the length for short-term or long-term trends.
  • Relative Strength Index (RSI) – Define oversold and overbought levels.
  • MACD (Moving Average Convergence Divergence) – Adjust fast and slow EMAs.
  • Stochastic Oscillator – Fine-tune %K and %D smoothing and thresholds.
2. Setting Up Indicator Parameters

After selecting an indicator, traders can modify the parameters to fit their trading style.

For example, when creating a Stochastic Oscillator, users can adjust:

  • K Length (number of periods for %K calculation)
  • K Smooth (smoothing factor for %K)
  • D Smooth (moving average of %K)
  • Overbought/Oversold levels
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3. Applying Custom Indicators to Alerts

Once an indicator is created, traders can use it to set up custom alerts for their chosen cryptocurrencies and timeframes. Alerts will be triggered based on the customized settings, allowing traders to act when their specific conditions are met.

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Why Use Customizable Indicators?

Fully Adaptable to Any Trading Strategy

Every trader follows a different strategy. With custom indicator settings, Phalerta allows users to tailor alerts to match their preferred timeframes, trading style, and market conditions.

Remove Noise, Get Relevant Alerts

Instead of receiving generic market signals, traders get alerts based on personally defined indicator parameters, reducing false signals and improving decision-making.

Multi-Platform Compatibility

Traders can set up and modify their indicators across multiple platforms:

  • Web App (Desktop & Mobile)
  • iOS & Android Devices
  • Receive alerts via Telegram, Discord, and Email
Seamless Integration with Alerts

Once an indicator is customized, traders can immediately integrate it with alerts, ensuring they never miss a trading opportunity based on their personalized market conditions.

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Boost your productivity. Start using our app today. - desktop

FAQs

What is a Customizable Indicator?

A Customizable Indicator in Phalerta allows users to define their own parameters for popular technical indicators, ensuring more personalized and precise alerts.

Which indicators can I customize in Phalerta?

Phalerta supports customization for SMA, RSI, MACD, Bollinger Bands, and Stochastic Oscillator, among others.

How do I customize an indicator?

Users can select an indicator from the Indicators module, adjust its parameters (such as length, smoothing, thresholds), and save it for future alerts.

Can I use multiple custom indicators in one alert?

Yes, Phalerta allows traders to combine multiple custom indicators into a single alert for more complex trading strategies.

How does customizing indicators improve trading?

By fine-tuning indicator settings, traders can receive more relevant and accurate alerts, avoiding unnecessary noise from default parameters.

Can I edit a custom indicator after creating it?

No, traders can only delete existing custom indicators within the Indicators module.

Are custom indicators available in all plans?

Availability may depend on subscription plans. Check the pricing page for more details.

Do I need coding knowledge to create custom indicators?

No, Phalerta’s interface is fully user-friendly, allowing traders to customize indicators with simple input fields and sliders.

Can I receive notifications for custom indicators?

Yes, once a custom indicator is saved, it can be linked to alerts, and users will receive real-time notifications when their conditions are met.

Where can I track the alerts triggered by my custom indicators?

All triggered alerts are logged in the Signal History, where traders can analyze past signals and optimize their strategy.

Precision Alerts, Confident Trading.

Precision Alerts, Confident Trading.