Aloka How the app turns your daily Key Levels into tradeable signals. Every signal is derived from the levels — the levels are the edge; this is the delivery logic.
1 · Inputs
Levels are calculated after Day close (your algorithm) and loaded per timeframe: Intra, H1, H4. Around the current price, each timeframe has a nearest support (below) and nearest resistance (above), plus the level beyond each.
2 · Two scalp types
Every level produces two reads. Both are scalps.
A candle closes past a level → trade the break toward the next level.
- BUY when price holds above a support → target the next resistance.
- SELL when price is rejected at a resistance → target the next support.
- TP = next level ∓ $3 · SL = trigger level ∓ $5.
- Single market entry — fires when price reaches the level.
Price hits a level → scalp the reversal off it (fixed $4).
- Support → BUY the bounce up · Resistance → SELL the rejection down.
- Entry = market at the level · TP = entry ± $4 · SL = level ∓ $5.
- Single entry.
3 · How signals fire
Signals are event-driven — nothing is pre-placed in the market. The strategy watches price, and a signal only appears the moment price reaches a level. Entry is always market at that point; there are no resting limit orders and no split legs.
4 · Lot sizing
Lot size risks exactly your chosen % of the account across the $5 SL distance. Recover = 4× base.
5 · Validity / expiry
- Continuation — valid until its TP is hit (SL ignored). Once price reaches the target, the move already played out → the signal expires (TP hit).
- Reversal — valid only while price is within $2 of the level. Beyond that it expires (Left level).
6 · Agent Trader (semi-auto)
You approve each signal; on Accept it moves to the Trade tab (and, once wired, to MT5 via the bridge). A macro snapshot (day + session) is captured at accept time and travels Signal → Trade → History. The LLM "AI" button gives analysis only — it never places orders.
Add a Caution tag to Continuation signals when the day's price change is large. If price has moved more than 1% / 2% per day, flag those continuation setups as higher-risk (momentum may be overextended, chasing a break is riskier). The tag warns but doesn't block — you still decide.
Thresholds to confirm: 1% = soft caution, 2% = strong caution? Applies to Continuation only (Reversal is a mean-reversion play, different risk profile).
Start on Demo until you trust the full flow. You can switch to Live anytime.
Rex will refuse any order that breaks these limits — a hard safety cap, even in auto mode.
Once Rex is online, go to the Trade tab to see the account and let Aloka send approved trades.