SignalViper Recon Lite

SignalViper Recon Lite — Confluence-Based Market State Summary

Recon Lite is a streamlined market analysis tool that evaluates momentum and trend conditions to identify alignment between key analytical factors. It provides a real-time dashboard summarizing market state, helping traders quickly assess whether conditions favor directional moves or suggest caution.

Core Concepts & Logic

Recon Lite evaluates two primary analytical dimensions:

Momentum Analysis (RSI-Based)

- Evaluates price momentum strength and direction
- Identifies acceleration, deceleration, and reversal potential
- Detects overbought/oversold extremes

Trend Analysis (ADX/DMI-Based)

- Measures trend strength regardless of direction
- Determines whether bulls or bears control directional movement
- Identifies weak, ranging, or strong trending conditions

When both dimensions align in the same direction, Recon Lite identifies confluence — a state where momentum and trend agree, historically associated with higher-probability directional moves.

Narrative Interpretation Layer

Rather than displaying raw indicator values, Recon Lite translates conditions into contextual descriptions:

- "RISING - Accelerating" — Momentum gaining strength
- "BEARISH - but weakening" — Trend losing steam
- "OVERBOUGHT" / "OVERSOLD" — Extreme conditions detected
- "Trend losing steam" — Warning of potential reversal

Signal Tracking & Target Awareness

When confluence is detected, Recon Lite can track the signal with ATR-based target levels:

- Stop Loss — Risk-defined exit level
- TP1 / TP2 — Reward targets at configurable R:R ratios

The dashboard displays real-time proximity to these levels, including warnings when approaching key thresholds.

Visual Outputs

Summary Dashboard

- Momentum state with directional context
- Trend state with strength assessment
- Active warnings when conditions conflict
- Confluence or tracking status
- Target proximity and outcome tracking

Chart Signals

- Visual markers when full confluence is detected
- Optional TP/SL level lines

How to Use Recon Lite

Recon Lite serves as a market context tool. Traders commonly use it to:

- Identify when momentum and trend align
- Understand current market state at a glance
- Track signal outcomes with defined risk levels
- Avoid entries during conflicting or weak conditions

About the Full SignalViper Suite

Recon Lite demonstrates the confluence-based approach used across the SignalViper indicator suite. The full Recon indicator evaluates seven proprietary analytical dimensions — including volume participation, structural proximity, divergence detection, and multi-timeframe alignment — for comprehensive market state analysis.

This free indicator represents only the most basic example of our patent-pending Recon technology. Experience the full power of multi-factor confluence analysis with the complete SignalViper suite.

Learn more at signalviper.com