Search results
3 cze 2021 · Once the trend line is confirmed by at least two touches and consequent reactions, you can look for a confluence zone. 1️⃣Project a trend line and identify the next POTENTIAL touchpoint of the market with a trend line. 2️⃣Take the last impulse in the direction of the trend.
8 paź 2024 · What Is Confluence in Trading, and How Can You Use It? Confluence in trading involves the strategic alignment of multiple signals to validate trade decisions. This method is supposed to enhance the reliability of trade signals and allows traders to filter out low-probability outcomes.
30 kwi 2023 · Chart patterns. Indicators or oscillators. ️ A BRIEF EXAMPLE OF CONFLUENCE IN TRADING. Suppose you use one technical analysis tool that provides 40% accuracy in predicting the correct price movement. In addition, you use a second, correlating technical analysis tool to better filter your decision.
13 sie 2017 · The chart below (H4 EUR/USD) provides a visual example of how traders can use indicators to form confluence. The small green zone marks where a possible reversal can (and in this case, did)...
15 gru 2022 · KEY POINTS. Decoding Confluence: Understand what confluence in trading is and how it can be a game-changer in your trading strategies. Improve Decision Making: Learn how using confluence can bolster your decision-making process, leading to more confident and potentially profitable trades.
7 sty 2019 · You might be able to use something like SQL for Confluence to connect to the database, query the number of tasks on the specific page (using pageID), and display this information (completed and incomplete) in the form of a pie chart.
2 paź 2021 · In this paper, a trading strategy based on price action confluence is constructed and tested on 10 pairs from July 01, 2020 to 23 rd December. 2020. We used a 5,000 USD demo account to trade...
