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Unlike traditional indicators, the Trade Confirmation Indicator is not designed to stand alone, but to complement and enhance other trading and analysis tools, making it an invaluable addition to a trader’s arsenal.
The commercially proven indicator is a live meter that measures up to ten data points simultaneously in real-time. Users can combine these data points with on-screen demand indicators that allow them to further analyze the trading environment. A notable feature of Trade Validator is its permanent functionality. Regardless of market conditions, this indicator is always active and issues signals even during consolidation. However, the signal should not necessarily be active during this period. The real value of these alerts comes when the price action breaks out of consolidation and meets the criteria set by the trader.
You can set the Trade Confirmation Indicator to send you alerts via email, SMS, or a pop-up platform. This is useful because you don’t have to watch the charts all day long waiting for a signal to appear and you can monitor several charts at the same time.
Trading a proven indicator system works on all forex pairs. You can also use any time frame that suits you, from 1 minute to a 1-month chart.
All Indicators are not independent trading indicator systems. However, additional chart analysis can be very useful for your trading to find trade exit positions (TP/SL) and more. Although traders of all experience levels can use this system, trading on an MT4 demo account can be beneficial until you are confident in regular and live trading. You can open a real or demo trading account with most Forex brokers.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=".svg"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}
Trading component to validate the indicator
The visual display of the trade confirmation indicator consists of three main elements:
- Green/Red Arrow: This is a big arrow indicating the signal to go long or short. This arrow is the main signal provided by the indicator. The appearance of the green arrow means that the buying position may be profitable, while the red arrow indicates the selling position.
- Trend Direction Panel: This panel displays the current trend direction in percentage terms. Rather than an independent signal, this component acts as a filter to uncover conditions. For example, if the trend bar shows a 70% uptrend, the trader can consider a buy position.
- Small Arrow: The small arrow is usually used as a secondary signal on the opposite side of the big arrow. It is designed as an exit signal, not an entry. When these arrows appear, alerts are sent that allow traders to react quickly and exit the trade at the right time.
Commercially approved indicators
The true value of trading-validated indicators lies in their integration with other tools and analyses. By combining live, real-time data feeds with other indicators, traders can better understand market conditions and more accurately identify trading opportunities.
During the alignment period, the trader should not focus on the signal generated by the Trade Confirmation Indicator. Instead, you should focus on the price during this period. When this development meets the conditions defined in the trader’s strategy, it is the best time to review the signals received from the Trade Confirmation Indicator.
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Conclusion
In summary, the Trade Confirmation Indicator facilitates traders with real, multi-dimensional data more than any other trading tool.
Providing real-time data on several metrics and seamless integration with other tools help traders navigate the market more accurately and confidently.
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