Knowledge baseGlossary of terms
Glossary - every term on the chart and in the cards
OHLC, LONG / SHORT, entry, SL, TP, lock and trail, FVG, OB, BOS, CHoCH, SWEEP, UT buy / sell, ADX, POC, the expected candle and more - each with a worked example.
Every label you see in the app, in alphabetical groups, with a small example in numbers. The examples use a coin trading near 100.00 so the arithmetic is easy to follow.
Candles and prices
| Term | What it means | Example |
|---|---|---|
| Candle | One block of time on the chart (1 minute, 5 minutes, 1 hour ...). It shows where the price started, how high and low it went, and where it ended. | A 5m candle = 5 minutes of trading. |
| O / H / L / C (OHLC) | Open, High, Low, Close of a candle. The row above the chart shows them for the candle under your mouse. | O 100.00 · H 100.80 · L 99.60 · C 100.50 |
| OC / body | The part of the candle between the Open and the Close. Green when the close is above the open, red when below. The thin lines above and below are the wicks (how far price reached and came back). | O 100.00, C 100.50 = a green body of 0.50. |
| V | Volume traded in that candle. | V 1.2K |
| Timeframe (TF) | The candle size you are looking at: 1m, 5m, 15m, 1h, 4h, 1d ... | "15m" in a card means it refers to the 15-minute chart. |
| Forming candle | The candle still open on the right edge. It can still change. Signals in the app are only taken from closed candles. | At 10:07 the 10:05 5m candle is still forming. |
Trade words
| Term | What it means | Example |
|---|---|---|
| LONG | A trade that profits when the price goes up. Shown in green. | Buy at 100.00, sell at 101.00 = +1 %. |
| SHORT | A trade that profits when the price goes down. Shown in red. | Sell at 100.00, buy back at 99.00 = +1 %. |
| Entry | The price where a trade starts. | Entry 100.00 |
| SL (stop loss) | The price where a losing trade is closed automatically, so a loss stays small. | LONG at 100.00 with SL 99.00 = at most −1 % of price. |
| TP (take profit), TP1 / TP2 | Target prices where profit is taken. TP1 is the nearer one, TP2 the further one. | LONG 100.00, TP1 101.00, TP2 102.00 |
| Lock | After a small move in your favour the stop is pulled to a profit, so the trade can no longer lose. | LONG 100.00 reaches 100.30 → stop moves to ~100.27. |
| Trail | After the lock, the stop follows the price and keeps a share of the best move. "Trail 90 %" keeps 90 % of the best profit reached. | Best price 101.00 (+1 %) → stop at about +0.9 % = 100.90. |
| R:R (reward : risk) | How far the target is compared with the stop. | Stop 1 % away, target 2 % away = R:R 2. |
| Leverage (x) | Margin multiplied. 30x means a 1 % price move is 30 % of your margin. | $10 margin x30 = a $300 position. |
| Margin | Your own money in the trade. | $10 |
| Liquidation | The price where the exchange closes the position because the margin is used up. A stop is always placed before it. | At 30x, roughly 3 % against you. |
| PnL | Profit and loss. "Net" means after fees and funding. | +$2.40 net |
| Paper / Demo | Simulated trades at live prices - no real money. | "Demo - Hybrid Approach" |
Chart reading (the SMC layer)
Switch it on with the SMC button. See The SMC chart layer for pictures.
| Label | What it means | Example |
|---|---|---|
| ▲ / ▼ swing | A confirmed swing low / swing high: a candle lower (higher) than the three on each side. | ▼ over 101.20 = a swing high there. |
| BOS (break of structure) | A close beyond the last swing in the direction of the trend - the trend continues. | In an up-trend, a close above the swing high 101.20 = BOS. |
| CHoCH (change of character) | The first close beyond a swing against the trend - an early sign the trend may be turning. | After a down-trend, a close above the last swing high = CHoCH. |
| SWEEP | Price pokes beyond a swing (where many stops sit) and closes back inside. Often a trap before a move the other way. | Wick to 98.90 under the swing low 99.00, close at 99.30 = sweep. |
| FVG (fair value gap) | A gap left by a fast move: three candles where the first and the third do not overlap. Price often comes back to "fill" it. | Candle 1 high 100.00, candle 3 low 100.40 → FVG 100.00 - 100.40. |
| OB (order block) | The last candle against the move just before a BOS / CHoCH - an area where big orders were placed. Price often reacts when it returns there. | The last red candle 99.60 - 100.00 before a strong up-break. |
| SUP xN / RES xN | Support (green band) / resistance (red band) zones: several swing lows (highs) at about the same price. N = how many times price turned there. | RES x3 at 102.00 - 102.20 |
| POC / VAH / VAL | Volume profile of recent candles: POC = price with the most trading, VAH / VAL = top / bottom of the area where 70 % of the volume traded. | POC 100.10, VAH 100.80, VAL 99.40 |
| range (box) | A blue box when price has been moving sideways in a tight range. Breakouts from it are watched. | 20 candles inside 99.80 - 101.20 |
| A▲ / B▼ | Small markers for two classic pattern setups. Information only, not a trade. | |
| TREND ▲ / ▼ | The current market structure direction on this timeframe. | |
| ADX | Trend strength 0-100. Under 20 the market is sideways - the system does not trade then. | ADX 26.4 = trending, ADX 14 = sideways. |
| at support / at resistance | Price is sitting on one of the zones. A LONG into resistance or a SHORT into support is avoided. |
The expected candle (EXP)
| Label | What it means | Example |
|---|---|---|
| this candle: expected high / low | Where the candle forming now usually reaches, measured on this coin's own last 500 candles of this timeframe. Shown as a grey ghost candle behind the live one. | expected high ~100.31 (+0.31 %), expected low ~99.68 (−0.32 %) |
| 8/10 reach | The ends of the dotted lines: 8 out of 10 candles stay inside them. | high usually stays under 100.60 |
| right N % of the last 100 | How often that 8-in-10 range was right on this chart recently - a live accuracy check. | right 79 % of the last 100 |
Hide it with the EXP button. More in The expected candle.
UT Bot
| Label | What it means | Example |
|---|---|---|
| UT buy / UT sell | A trend-following signal: the price crossed its trailing line. Only shown on closed candles, so it never disappears afterwards. | "UT buy" arrow under the 10:15 candle. |
| stop (in the UT card) | Where the UT line is now - a close beyond it flips the signal. | stop 99.40 |
| target ~ | The typical move of this coin's last 30 UT trades. Half of them got this far. | target ~100.70 (+0.70 %, half get there) |
| near / far | Levels reached by 3 in 4 and by 1 in 4 of those trades. | near 100.30 · far 101.40 |
| MOVE DONE | The current UT trade has already made its typical move. Not a fresh signal - wait for the next one. | SELL · MOVE DONE |
| may flip on close | The forming candle would flip the UT side if it closed now. Not a signal yet. | ⚠ may flip to BUY when this candle closes |
More in The UT Bot card.
Signals, models and algorithms
| Term | What it means |
|---|---|
| Flow model | Our model that reads each coin's order flow on closed 5-minute candles and estimates the expected result of a LONG and of a SHORT. |
| Strength "1.8x of its bar" | How strong the model's call is compared with the level this coin needs before it is worth a trade. Higher is stronger. |
| Confidence % | How sure a signal is, on a 0-100 % scale. Your "signals from X %" setting hides weaker ones. |
| Consensus | The combined view of all techniques on all timeframes for a pair (LONG / SHORT / WAIT). |
| Crash risk | The chance of a sharp drop soon, from the Crash Radar. |
| Hybrid Approach Algorithm | The default auto-trading rules: only strong calls, never into a nearby zone, never in a sideways market, with a volatility-sized stop, profit lock and trailing exit. |
| Backfill Entry Algorithm | The Hybrid rules plus agreement of the chart structure and UT Bot; instead of buying at once it waits inside the signal candle for a better price. See Auto-trading algorithms. |
| MA / EMA | Moving averages: the average price of the last N candles, drawn as a line. |