Spotlight AI Assistant Guide

Overview

The Spotlight AI assistant is your intelligent companion for chart analysis, providing real-time insights and automated chart interactions. It can analyze patterns, detect divergences, manage indicators, and draw trend lines directly on your charts.

Common Workflows

These step-by-step workflows demonstrate the power of the Spotlight AI assistant by combining multiple analysis techniques to make informed trading decisions. Later on in this article, you can find a lot of examples of prompts that you can use with Spotlight – you can combine those example prompts, and any prompts of your own, in these workflows. These workflows are just examples, but should give you an idea of what kind of prompting style leads to best results.

Complete Chart Analysis

1. "Draw support and resistance levels"
   Establishes the key price boundaries where the market has historically reversed. These levels form the foundation of your analysis by identifying critical decision points.
2. "What patterns do you see in the candles?"
   Identifies candlestick formations that signal potential reversals or continuations. Patterns near the support/resistance levels from step 1 carry extra significance.
3. "Show the RSI indicator"
   We are interested in RSI (Relative Strength Index) next and we'll show the indicator in the chart..
4. "Check for RSI divergences"
   Reveals when momentum diverges from price action, often preceding major moves. Bullish divergences at support or bearish divergences at resistance are particularly powerful signals.
5. "Show the MACD indicator"
   Next, we'll show the Moving Average Convergence Divergence (MACD) indicator and analyze divergencies.
6. "Are there any MACD crossovers?"
   Confirms trend changes with momentum crossovers. When aligned with patterns and divergences, these provide high-confidence entry/exit signals.
7. "Analyze volume and price action"
   Validates the strength of the move. Rising volume confirms breakouts, while declining volume on rallies suggests weakness.
8. "Propose two different trading scenarios with this chart and analysis"
   This should give you some trading ideas.
9. "Clear all candle highlights"
   Clearing the highlighed candles (that indicatge candle patterns) will improve the panning and zooming performance of the chart. (We are working to fix this issue)

Trend Reversal Detection

1. "Find bearish divergences in RSI"
   Spots weakening upward momentum when price makes new highs but RSI doesn't follow. This early warning often precedes trend reversals.
2. "Check for reversal candlestick patterns"
   Confirms the divergence signal with specific reversal formations like shooting stars or evening stars at market tops, providing a precise entry point.
3. "Is volume supporting this trend?"
   Verifies whether the current trend has conviction. Declining volume during uptrends suggests the move is losing steam and reversal is likely.

Entry Point Analysis

1. "Draw horizontal line at current price"
   Creates a reference point for your potential entry, making it easy to visualize risk/reward ratios relative to support and resistance.
2. "Show me support levels below current price"
   Identifies potential stop-loss levels and bounce zones. The distance to support helps calculate position sizing and risk management.
3. "Find bullish patterns near support"
   Looks for confirmation signals like hammers or bullish engulfing patterns at support levels, increasing the probability of a successful long entry.

Prompt Categories & Examples

Indicators

Chart Interaction: Toggles indicator overlays on/off

Example Prompts:

• Enable/Disable Indicators:

  • "Enable the RSI indicator" - Adds RSI overlay below chart
  • "Disable the RSI indicator" - Removes RSI overlay
  • "Enable the MACD indicator" - Adds MACD overlay below chart
  • "Disable the MACD indicator" - Removes MACD overlay
  • "Enable the Moving Average indicator" - Adds MA overlay on price chart
  • "Enable the Volume indicator" - Adds volume bars below chart
  • "Enable Bollinger Bands" - Adds bands overlay on price chart

• Information & Analysis:

  • "Show me all available indicators" - Lists all indicator options
  • "What do the current active indicators suggest?" - Analyzes active indicators
  • "Explain the RSI indicator" - Educational explanation
  • "What does the MACD crossover indicate?" - Interpretation guide
  • "Are there any MACD crossovers in this chart?" - Scans for crossovers

Granularity

Chart Interaction: Changes the time interval of candles

Example Prompts:

• "Switch to 5 minute granularity" - Shows 5-minute candles
• "Switch to 15 minute granularity" - Shows 15-minute candles
• "Switch to 1 hour granularity" - Shows hourly candles
• "Switch to 4 hour granularity" - Shows 4-hour candles
• "Switch to one day granularity" - Shows daily candles
• "Switch to 1 week granularity" - Shows weekly candles
• "Switch to 1 month granularity" - Shows monthly candles
• "What's the current time frame?" - Reports current interval

Symbols

Chart Interaction: Changes the trading pair displayed

Example Prompts:

• "Switch to BTC-USD symbol" - Displays Bitcoin/USD
• "Switch to ETH-USD symbol" - Displays Ethereum/USD
• "Switch to SOL-USD symbol" - Displays Solana/USD
• "Switch to ADA-USD symbol" - Displays Cardano/USD
• "Switch to DOGE-USD symbol" - Displays Dogecoin/USD

Trend Lines

Chart Interaction: ✅ Adds visual lines to chart

Example Prompts:

• "Draw lines for support and resistance levels to this chart"

  • Automatically detects and draws horizontal lines at key price levels
  • Support lines appear at price floors (potential bounce points)
  • Resistance lines appear at price ceilings (potential reversal points)

• "Draw a horizontal line at current price"

  • Adds a reference line at the current market price

• "Draw a horizontal line at recent high"

  • Marks the highest point in the visible range

• "Clear all drawings from the chart"

  • Removes all drawn lines and annotations

Pattern Detection

Chart Interaction: ✅ Highlights candlestick patterns on chart

Example Prompts:

• "What pattern do you see in the candles on this chart?"

  • Scans for and highlights candlestick patterns including:
    • Doji - Indecision patterns (highlighted with markers)
    • Hammer - Potential bullish reversal (marked at pattern location)
    • Shooting Star - Potential bearish reversal (marked at pattern location)
    • Engulfing - Strong reversal patterns (highlighted across both candles)
    • Morning Star - Bullish reversal pattern (3-candle pattern highlighted)
    • Evening Star - Bearish reversal pattern (3-candle pattern highlighted)
  • Patterns near support/resistance levels are emphasized with higher significance

• "Remove all pattern highlights"

  • Clears pattern markers from the chart

• "Can you help me analyze this chart?"

  • Comprehensive pattern and trend analysis

Divergence Detection

Chart Interaction: ✅ Draws trend lines showing divergences

RSI Divergences

• "Visualize the divergences in RSI that you see in the chart"

  • Draws trend lines on both price chart and RSI indicator
  • Green lines for bullish divergences (price down, RSI up)
  • Red lines for bearish divergences (price up, RSI down)
  • Solid lines for regular divergences (potential reversals)
  • Dashed lines for hidden divergences (trend continuation)

• "Find bearish divergences in RSI"

  • Specifically looks for bearish RSI divergences

MACD Divergences

• "Visualize the divergences in indicators that you see in the chart"

  • Comprehensive scan of all indicator divergences
  • Draws connecting lines between divergence points

• "Find bullish divergences in MACD"

  • Detects when MACD makes higher lows while price makes lower lows
  • Draws green trend lines on both price and MACD panels

MACD Crossovers

• "Are there any MACD crossovers in this chart?"
  • Marks signal line crossovers with colored dots
  • Green markers for bullish crossovers (MACD crosses above signal)
  • Red markers for bearish crossovers (MACD crosses below signal)
  • Adds labels showing crossover strength and confidence

Volume Divergences

• "Show volume divergences with price"

  • Highlights when price moves up on declining volume (weakness)
  • Marks volume bars that show divergence from price action

• "Analyze the price action and volume in the visible chart"

  • Comprehensive volume analysis with visual markers

General Divergence Commands

• "Highlight all indicator divergences"

  • Scans all active indicators for divergences
  • Draws all detected divergence lines

• "Remove all divergence trend lines"

  • Clears divergence visualizations

• "Is there a divergence between price and momentum?"

  • Analyzes without necessarily drawing

• "Check for hidden divergences"

  • Looks for trend continuation signals

Visual Interactions Summary

Regarding the highlights and labels on candles that are used to denote detected patterns: You can click on the pattern name labels to view more information about the pattern.

Visual Indicators Guide

Color Coding

• Green: Bullish signals, buy opportunities, positive divergences
• Red: Bearish signals, sell opportunities, negative divergences
• Blue: Neutral reference lines, support levels
• Orange: Warning signals, resistance levels

Line Styles

• Solid Lines: Regular divergences (potential trend reversals)
• Dashed Lines: Hidden divergences (trend continuation signals)
• Dotted Lines: Weak or unconfirmed patterns
• Thick Lines: High-confidence signals (>75% confidence)

Marker Types

• Circles: Crossover points
• Triangles: Pattern peaks/troughs
• Squares: Support/resistance touches
• Labels: Include confidence percentages and pattern names

Tips for Best Results

Effective Prompting

1. Be Specific: Instead of "analyze", say "find bullish divergences in RSI"
2. Mention Timeframe: Normally the AI uses the visible timeframe of the current chart. If you want something else, include the visible chart period in your analysis request. Alternatively, adjust the chart's timeframe first and prompt after that – this has the advantage that all highlights that are draws will be visible immediately.
3. Combine Analyses: Ask for multiple indicators to confirm signals

Understanding Visual Feedback

1. Confidence Levels: Higher confidence signals use thicker lines or larger markers
2. Multiple Confirmations: Look for overlapping signals from different indicators
3. Context Matters: Patterns near support/resistance levels are more significant

Advanced Usage

1. Layer Your Analysis:

   • Start with support/resistance levels
   • Add pattern detection
   • Check for divergences
   • Confirm with volume analysis

2. Clean Slate Approach:

   • Use "Clear all drawings" between different analyses
   • Build up layers of insight progressively

3. Educational Queries:

   • Ask "why" questions to understand the analysis
   • Request explanations of detected patterns

Performance Notes

• Visual elements are rendered in real-time
• Multiple divergences/patterns can be displayed simultaneously
• All drawings persist until explicitly cleared or chart is refreshed
• Heavy analysis may take a few seconds for calculation

Limitations

• Historical data availability depends on selected timeframe
• Pattern detection accuracy improves with more data points
• Some complex patterns may require manual confirmation
• Divergences are suggestions, not guaranteed predictions