Insights, strategies, and guides to help you trade smarter.
Confidence rating signals allow traders to determine how well their trading setup matches a particular set of criteria. Rather than assuming that all trading signals have equal confidence, a confidence rating signal gives traders another criterion for comparing setups, based on things like trend direction, momentum, volatility, and market structure.
A breaker block forms when a previously significant price level loses its original role and begins to act as a
Selecting a good trade becomes hard as there are many charts to analyze at once; hundreds or even thousands of them may be involved. With a chart screener, this task will become much easier, as the trader is able to screen charts based on certain criteria instead of having to go through all charts himself/herself.
Liquidity zones can assist the trader in determining whether an accumulation of orders may have an effect on the market movements. Such price areas tend to form around key highs/lows, recurring price levels, or existing trading zones. Depending on the approach, the price may continue moving faster, break out of the area, reverse from it, or even touch it and move in another direction.
An oscillator matrix provides traders with a convenient method to view various momentum oscillators without having to switch back and forth between different indicator screens. Rather than depending on just one indicator, traders get the ability to analyze the behavior of various oscillators and see whether they agree or disagree with the market situation.
A fair value gap (FVG) refers to a price imbalance that occurs in a situation when the market movement is sharp in one direction, leaving a region where trading activity has been low. It is normal practice for traders to pay attention to such regions since it is likely that the price will revert back to them before moving on.