Terms used in BitX Space

The average range a candle moves, in price terms. The higher it is, the more volatile the market. Used to size distances instead of a fixed %.

How far the price went in the expected direction after a signal.

How far the price went against the signal before the measurement window ended.

Gross profit ÷ gross loss. Above 1 means more won than lost; below 1 is a net loss.

Return relative to volatility. Higher means steadier returns; negative is worse than doing nothing.

The share of trades that made money. Always read it with R:R — 30% can still be profitable if the winners are big enough.

Buying and simply holding — the baseline that shows whether a strategy beats doing nothing.

The deepest % fall of a portfolio from its peak — how much loss you would have had to sit through.

Distance to the profit target compared with distance to the stop loss, e.g. TP 2% and SL 1% = 2:1.

The fee longs and shorts pay each other every 8 hours on perpetual contracts. Strongly positive means longs are crowded.

The total value of contracts still open across the market. Rising with price = new money coming in.

Buying vs selling pressure on a 0–100 scale. Above 70 is overheated; below 30 is heavily sold.

Trend strength, without direction. Above 20–25 means a clear trend.

A moving average of price, used for the main direction. Price above the line = buyers have the edge.

Every timeframe’s view combined into one score from −1 to +1, weighting the larger timeframes more.