What is the Slasher?

Slasher (Custom In-House Strategy)

Explanation and Usage: The Slasher strategy is a proprietary in-house method that detects trend reversals. It looks for signs that the current trend is weakening, such as diminishing candle sizes and reduced momentum. The indicator then waits for a consolidation period. Once the market breaks out of this consolidation in the opposite direction of the previous trend, it generates a signal.

Example Scenarios: When a bearish trend slows down, consolidates, and then breaks out bullish, a buy signal will trigger.