AlphaEdge UltraViewer

01 / Read the structure

What do the lines tell you?

The position of the blue line relative to the red line sets the working bias. Look for the blue band as the area where a retest may offer an entry.

02 / Wait for the retest

The signal starts the watch. The band sets up the entry.

A signal by itself is not the entry described here. Follow the same three-part sequence for either direction.

03 / See both directions

Buy and sell, side by side

These diagrams show the sequence only. They do not reproduce the indicator's exact plotted values, candles, or alert logic.

04 / Chart example · Phoenix Mills

Wait for resistance. Then assess the sell.

The sell signal appeared first. Rather than entering immediately, the setup waited as price rallied back toward the blue line beneath the red resistance area.

1. Signal: the sell side became active.
2. Retest: price moved up into the blue-line resistance area.
3. Decision: assess rejection at the band, define where the sell idea is invalidated, and enter only if the downside resumes.

The chart marks 2034 → 1896, a 138-point difference. Waiting for the retest may allow a tighter, clearly defined risk area relative to the potential downside move. The reward is a possibility, not an assured outcome.

05 / Chart example · Nifty 50

A second test of resistance

The chart marks a “2nd time” approach to the resistance area. Price rose back toward the blue line while the red line remained above it, then moved lower.

1. Read the zone: blue below red keeps the resistance and sell-side view in focus.
2. Wait for the return: watch how price responds when it revisits the lines; the earlier signal alone is not the entry.
3. Plan the trade: consider a sell only if resistance holds, with a defined invalidation level and position size.

The screenshot includes a measured decline labelled −445.80 (−1.90%). That is a chart annotation, not a verified entry-to-exit trade result. A retest can create a more clearly defined risk area while leaving room for a larger move if the downtrend continues.

06 / Chart example · State Bank of India · Weekly

Buy activated → blue support retest → bounce

Use the buy activation as an alert to watch the trend. In this example, price later returns to the rising blue band. The latest candles test that support area and begin to bounce.

1. Activation: put the buy side on watch when UltraViewer generates its buy signal; the signal alone is not an entry.
2. Retest: wait for price to come back toward the blue support band while the blue line remains above the lower line.
3. Bounce: assess whether price holds the band and turns upward. Define an invalidation level below support before considering a buy.

A golden rule for positional traders: let the weekly setup return to support instead of chasing the initial signal. The screenshot shows an early bounce, not proof of a completed profitable trade. If support fails, reassess the buy idea.