Contrary to conventional indications, the Trade Confirm Indicator is made to work in tandem with other trading tools and analysis rather than stand alone. This makes it a priceless addition to any trader’s toolkit.
Ten data points are measured concurrently and in real-time by the Trade Confirmed Indicator, a live meter. Users can combine these data points with the on-screen indicators of their choice to conduct a more thorough examination of the trading environment.
The Trade Confirmer’s continuous operation is a notable feature. Regardless of the state of the market, this indicator is always in operation and continues to send signals even during times of consolidation. The indications, however, should not always be followed at these times. When price action breaks through consolidation and matches the setup requirements specified by the trader, the real usefulness of these signals is realized.
The Trade Confirm Indicator allows you to choose whether to get signal alerts by email, SMS, or platform pop-ups. This is advantageous since it allows you to keep an eye on numerous charts at once rather than having to spend the entire day waiting for signals to come on the charts.
The Trade Confirmer’s continuous operation is a notable feature. Regardless of the state of the market, this indicator is always in operation and continues to send signals even during times of consolidation. The indications, however, should not always be followed at these times. When price action breaks through consolidation and matches the setup requirements specified by the trader, the real usefulness of these signals is realized.
The Trade Confirm Indicator allows you to choose whether to get signal alerts by email, SMS, or platform pop-ups. This is advantageous since it allows you to keep an eye on numerous charts at once rather than having to spend the entire day waiting for signals to come on the charts.
Components of the Trade Confirm Indicator
The Trade Confirm Indicator’s visual display is composed of three main elements:
- Green/Red Arrows: These large arrows indicate signals to enter a long or short position. These arrows are the primary signals provided by the indicator. The appearance of a green arrow implies that the conditions may be favorable for a Buy position, while a red arrow suggests a potential Sell position.
- Trend Direction Panel: This panel shows the current trend direction in percentage terms. Rather than a standalone signal, this component functions as a filter for opening a position. For example, if the trend panel indicates a 70% upward trend, a trader might be more inclined to consider Buy positions.
- Small Arrows: Smaller arrows serve as secondary signals, usually in the opposite direction of the large arrows. These are designed as signals to exit a trade rather than enter one. Alerts are sent out when these arrows appear, enabling traders to respond promptly and exit trades at optimal times.
Leveraging the Trade Confirmed Indicator
The real value of the Trade Confirmed Indicator lies in its integration with other tools and analyses. By combining its live, real-time data feed with other indicators, traders can better understand market conditions and identify potential trading opportunities more accurately.
During periods of consolidation, traders need not focus on the signals produced by the Trade Confirm Indicator. Instead, the emphasis should be on when the price breaks through this period. When this breakthrough aligns with the conditions outlined in the trader’s strategy, that’s the prime time to consider the signals from the Trade Confirmer Indicator.
