CLEO Trading Platform’s built-in charting platform comes loaded with over 40 technical indicators designed for active crypto prop firm traders. Whether you’re trading BTC, ETH, or altcoin futures on a prop challenge, these tools are available directly on the platform, no TradingView connection required. Below is the full list with descriptions and signal guidance.
Currently these indicators are available on the web platform and we’ll be transitioning some to mobile in upcoming releases. We will be adding additional indicators so if there’s something you’d like to see listed please let us know.
FVG – Fair Value Gap
A price imbalance left on the chart when price moves aggressively in one direction, leaving a gap between candles. Cleo’s FVG indicator includes optional ATR and Market Structure Break filters to reduce noise.
Bullish: Price returns to fill a bullish FVG from below
Bearish: Price returns to fill a bearish FVG from above
BB – Bollinger Bands
A volatility indicator consisting of a middle SMA with two outer bands set at standard deviations above and below. When bands contract (squeeze), it signals low volatility and a potential breakout. When price touches or exceeds the outer bands, it may indicate overbought or oversold conditions.
Bullish: Price bounces from the lower band with momentum
Bearish: Price rejects the upper band with weakening momentum
Keltner Channels
Similar to Bollinger Bands but uses ATR for band width instead of standard deviation, making it smoother. Often used alongside BB — when BB breaks outside Keltner Channels, it signals a strong squeeze breakout.
Bullish: Price breaks and holds above the upper channel
Bearish: Price breaks and holds below the lower channel
STARC Bands
Stoller Average Range Channel bands are plotted above and below an SMA using ATR. They define high-risk and low-risk buy/sell zones rather than overbought/oversold.
Bullish: Price near the lower STARC band: low-risk buy zone Bearish: Price near the upper STARC band low-risk sell zone
Donchian Channels
Plots the highest high and lowest low over a set period, forming a price channel. Breakouts above or below the channel signal potential trend entries.
Bullish: Price breaks above the upper channel
Bearish: Price breaks below the lower channel
Envelope – Moving Average Envelopes
Two MAs plotted at a percentage above and below a base MA, creating an envelope. Used to identify overbought/oversold extremes and trend direction.
Bullish: Price holds above the middle MA and bounces from the lower envelope
Bearish: Price holds below the middle MA and rejects the upper envelope
Ichimoku Cloud
A comprehensive trend system showing support/resistance, trend direction, and momentum in a single view. Composed of five lines: Tenkan-sen, Kijun-sen, Senkou Span A & B (forming the cloud), and Chikou Span.
Bullish: Price above the cloud, Tenkan above Kijun, cloud is green
Bearish: Price below the cloud, Tenkan below Kijun, cloud is red
Anchored VWAP
VWAP anchored to a user-defined starting point (e.g. swing high/low, key event). Widely used by institutional traders to identify value areas relative to a specific price anchor.
Bullish: Price above the anchored VWAP
Bearish: Price below the anchored VWAP
Rolling VWAP
A continuously rolling VWAP calculated over a moving window rather than from session open. Useful for multi-session and futures traders who need a dynamic fair value reference.
Bullish: Price above rolling VWAP
Bearish: Price below rolling VWAP
PSAR – Parabolic SAR
Plots dots above or below price to signal trend direction and potential reversal points. Commonly used for trailing stops.
Bullish: Dots below price
Bearish: Dots above price
BOP – Balance of Power
Measures the strength of buyers vs sellers by relating the close price to the open-to-high-low range. Oscillates between -1 and +1.
Bullish: BOP rising above 0
Bearish: BOP falling below 0
MACD – Moving Average Convergence Divergence
One of the most widely used momentum indicators. Plots the difference between a fast and slow EMA, with a signal line and histogram. Crossovers and divergences are key signals.
Bullish: MACD line crosses above signal line; histogram turns positive
Bearish: MACD line crosses below signal line; histogram turns negative
OBV – On Balance Volume
Cumulative volume indicator that adds volume on up days and subtracts on down days. Used to confirm price trends — rising OBV with rising price confirms bullish momentum.
Bullish: OBV trending up alongside price
Bearish: OBV trending down alongside price
PPO – Percentage Price Oscillator
Similar to MACD but expressed as a percentage, making it useful for comparing momentum across assets with different price levels.
Bullish: PPO crossing above 0
Bearish: PPO crossing below 0
TR – True Range
The single-period component of ATR. Measures the true range of a candle including gaps. Primarily used as a building block for ATR-based calculations.
UltOsc – Ultimate Oscillator
Combines three timeframes (short, medium, long) into one oscillator to reduce false signals from relying on a single period. Ranges from 0–100.
Bullish: UltOsc below 30 with bullish divergence
Bearish: UltOsc above 70 with bearish divergence
VAR – Variance
Statistical measure of price dispersion over a period. Higher variance = higher volatility. Used as a volatility reference rather than a directional signal.
Market Structure Indicator – Smart Money Concepts (SMC Indicator)
This indicator is a convenient way to spot changes in market structure that signal a change to the trend. It spots higher highs and higher lows and marks them on the chart for you so you can quickly take action.
Market Structure indicator was thoroughly reworked to offer way more information, including:
- marking market structure (lower low = LL, higher low = HL, lower high = LH, higher high = HH)
- Showing order blocks for bullish or bearish structures
- showing 50% retracement of the move
- marking Break of Structure (BOS) or Change of Character (CHoCH) lines
- picking between candle close or a candle wick to confirm the market structure.
Bullish: Green MSB to the upside
Bearish: Red MSB to the downside
Quarterly Theory
An ICT concept that is time based. Each timeframe can be split to 4 quarters and every quarter serves a different purpose.
RSI – Relative Strength Indicator
RSI is a momentum oscillator, one of the most frequently used. It is measured on a scale from 0-100 usually in a period of 14 days and provides the velocity and size of directional price movements. When price makes a new high but the RSI does not follow suit is seen as bearish. Bullish divergence, which is interpreted as a buy signal, happens when the price reaches a new low, but the RSI does not. Low levels are considered below 30 (oversold) and high above 70 (overbought).
Bullish: RSI is below 30
Bearish: RSI is above 70
A/D – Chaikin A/D Line
Chaikin A/D Line
Analyses the dynamic between price and volume changes. Unlike OBV and WAD (based on the previous and current closing prices) A/D uses the closing price, comparing it to the middle of the low to high range.
Bullish: Line goes upwards and so does price
Bearish: Line goes downwards and so does price
AD Oscillator
Verifies if the asset is in accumulation or distribution. It’s comprised of the trading volume and trading range and tells if money is flowing in or out of the asset.
Bullish: Line is rising
Bearish: Line is falling
ADX – Average Directional Index
Widely used to determine trend strength. Trend strength is weak below 25, strong 25-50, very strong 50-75, extremely strong 75-100.
Bullish: Price is raising and ADX is at least 25
Bearish: Price is dropping and ADX is at least 25
APO – Absolute Price Oscillator
An oscillator displaying the difference between two EMAs, a “fast” and “slow” one, shown as an absolute value.
Bullish: APO crossing above 0
Bearish: APO crossing down 0
AroonOsc – Aroon Oscillator
An oscillator showing the difference the between AroonUp and AroonDown indicators. The span of this indicator is between -100 and +100.
Bullish: AROON is above 50
Bearish: AROON is below -50
ATR – Average True Range
A volatility indicator, measuring volatility by deconstructing the whole range of an asset price for the provided time frame. It provides an MA.
Bullish: Price has not reached the period’s ATR in presence of good news
Bearish: Price has not reached the period’s ATR in presence of bad news
CCI – Commodity Channel Index
CCI is an oscillator that compares the price to an average level to identify deviation from the mean and overbought and oversold thresholds.
Bullish: when price dips below -100
Bearish: when price is above 100
CMO – Chande Momentum Oscillator
CMO is an oscillator heavily based on RSI (Relative Strength Index) but uses price movements instead of price change. It ranges from -100 to +100. A bullish signal is generated when it crosses above the moving average, and a bearish signal is noted when it crosses below the moving average. When it reaches above +50 the security it is considered overbought, and oversold when it is under -50.
Bullish: when it dips below -50
Bearish: when it is above 50
DPO – Detrended Price Oscillator
DPO is an oscillator that is tasked with identifying past cycles, high and lows and their duration. It separates trend and price and simply measures past prices against a Simple Moving Average that is also shifted to the past.
Bullish: when DPO is below 0
Bearish: when DPO is above 0
MASS – Mass Index
MASS is a volatility indicator usually used to spot reversal patterns. Although it cannot reveal the direction of the reversal it is quite useful in finding when the reversal will start. It studies volatility, namely the difference between the high prices and low prices. It usually oscillates around 10 to 20. Determine what range it is in for the asset you’re trading.
Bullish: MASS is below 8
Bearish: MASS is above 12
MOM – Momentum
MOM is a rate of change indicator concerned with the change in the price between now and preferred numbers of periods in the past.
Bullish: MOM is crossing up 0
Bearish: MOM is crossing down 0
MFI – Money Flow Index
MFI is an oscillator that takes volume and price data into account to identify buying or selling pressure. The index increases as prices rise, unveiling buying pressure, and goes down with price decreases, unveiling selling pressure conversely. It gives an indication of the directional momentum. When it goes below 20 the market is considered oversold. When reaching more than 80 it suggests an overbought market.
Bullish: MFI is below 20
Bearish: MFI is above 80
MAX – Maximum
MAX is an indicator that finds the maximum value and when was that value achieved.
MIN – Minimum
An indicator that finds the minimum value and when was that value achieved.
NATR – Normalized Average True Range
NATR is a measure of volatility based on ATR, it is used for comparison of the Average True Range of two assets.
ROC – Rate of change
One of the most used indicators to evaluate momentum. It is a simple calculation that subtracts a value from n periods ago from the current value and then all of it is divided by the value from n periods ago. If it is positive, it means high momentum, and a buy signal, and the inverse is considered true if the ROC is negative.
Bullish: ROC is rising above 0
Bearish: ROC is falling below 0
ROCP – Rate of Change Percentage
Momentum indicator, one of the most used. A simple calculation gives the % change between now and the price n periods previously.
Bullish: ROCP is rising above 0
Bearish: ROCP is falling below 0
ROCR – Rate Of Change Ratio
ROCR is a momentum indicator. The ratio depicts how the price is changing over a period by dividing the current price by a previous price.
Bullish: ROCR is rising above 0
Bearish: ROCR is falling below 0
STD – Standard Deviation
STD is a measure of volatility, evaluates how far off are the current prices from the average. When it is low it signifies prices are stable, and when high prices are swinging. In combination with a general price trends (tops or bottoms) it is a good way to estimate decisiveness and interest.
SUM – Sum
Represents an indictor capable of tracking the sum for the given period
TRIX – Triple Smooth EMA
1 day Rate of Change of a Triple Smooth EMA
TRIX is a triple EMA used to gauge overbought/oversold levels and momentum. A trendline break, in combination with a TRIX zero crossover is considered as a sign of reversal. When the TRIX crosses above zero it is considered a buy signal, and below zero is seen as a sell signal, and the signal line being crossed is interpreted in the same way.
Bullish: moving up and is above 0
Bearish: moving down and is below 0
WILR – Williams Percent R
Used to spot entry/exit points, this dynamic technical indicator is quite similar to the Stochastic Oscillator, but with an upside down scale and without the internal smoothing of its counterpart. Values below -20% hint at an overbought market and above -80% hint that that the market at oversold levels.
Bullish: WILR is below -80
Bearish: WILR is above -20
SMA – Simple Moving Average
As one of the simplest and most fundamental indicators, the SMA if frequently used to establish to discover trend direction, smooth price data and trigger trading signals. The simple calculation is the average price over a given period. When a short period SMA crosses a long period SMA it signifies a bullish movement.
Bullish: Price is above SMA
Bearish: Price is below SMA
KAMA – Kaufman Adaptive Moving Average
KAMA, a moving average was created based on EMA, but it is meant to take into account volatility and trend noise. It is used for smoothening of data as well as trend detection. A change in the direction of prices is spotted when there is a cross above or below KAMA. When the moving average is reaching lower lows the trend is down and the opposite is true when KAMA is reaching higher highs.
Bullish: KAMA turns up
Bearish: KAMA turns down
HMA – Hull Moving Average
HMA is a moving average that set out to be “responsive to current price activity while maintaining curve smoothness.” It is meant to reduce lag and increase line smoothing. When the HMA is increasing, the trend is intensifying, so it may be beneficial to enter long positions. If the HMA is reducing, the trend is falling, so it may be better to enter short positions.
Bullish: HMA turns up
Bearish: HMA turns down
EMA – Exponential Moving Average
EMA, a very popular indicator, is used to follow the price of a security over a set timeframe. It gives more weight to recent prices which allows for less lag than an SMA.
Bullish: when shorter period EMA crosses longer period EMA from below
Bearish: when shorter period EMA crosses longer period EMA from above
DEMA – Double Exponential Moving Average
DEMA is a moving average based on EMA (exponential moving average) evaluating the average price, but places greatest emphasis on recent price movements. The DEMA is more responsive to market changes than an MA and EMA as it reduces some of the lag.
Bullish: when shorter period DEMA crosses longer period DEMA from below
Bearish: when shorter period DEMA crosses longer period DEMA from above
TEMA – Triple Exponential Moving Average
TEMA is a moving average that combines a single EMA, a double EMA and a triple EMA, therefore smoothing price and removing volatility. This allows for an easier recognition of trends by the removal of lag. It is usually used in combination with other indicators like volume and is easier to apply in less volatile markets to discover long term and credible trends.
Bullish: TEMA is headed up and price is above it
Bearish: TEMA is headed down and price is below it
TRIMA
TRIMA is a moving average that is a twice smoothed Simple Moving Average, giving the greatest weight to the middle data for the selected period. It tends to lag more than a SMA, so it can be useful when sensitivity to small changes is not crucial, or desired.
Bullish: TRIMA is headed up and price is above it
Bearish: TRIMA is headed down and price is below it
The full cleo.finance platform also features Manual and Automated Backtesting with indicator availability specific to each.