How To Determine If The Market is Strong Or Weak?
Strength Meter uses an Adaptive Algorithm That Detect Price Action Strength In 4 Important Levels!
This powerful filter gives you the ability to determine setups with the best probability.
- Universal compatibility to different trading systems
- Advance analysis categorized in 4 levels
- Level 1 (Weak) – Indicates us to WAIT. This will help avoid false moves
- Weak Bullish – Early signs bullish pressure
- Weak Bearish – Early signs bearish pressure
- Level 2 (Moderate) – We can look to enter trades with confirmation
- Moderate Bullish – Evident sign of bullish pressure
- Moderate Bearish – Evident sign of bearish pressure
- Level 3 (Strong) – Stronger direction. We can look to enter trades with less confirmation
- Strong Bullish – Higher probability and confirmed bullish pressure
- Strong Bearish – Higher probability and confirmed bearish pressure
- Level 4 (Impulsive/Exhaustive)- Take CAUTION, it required further analysis since price can go either way
- Impulsive/Exhaustive Bullish – Extremely bullish. Can indicate 2 scenarios
- Strong bullish breakout. A sign of a strong uptrend. Recommended to ENTER buy/long positions
- Climactic move in uptrend, a sign of bearish reversal. Recommended to EXIT long/buy positions
- Impulsive/Exhaustive Bearish – Extremely bearish. Can indicate 2 scenarios
- Strong bearish breakout . A sign of strong downtrend. Recommended to ENTER sell/short positions
- Climactic move in downtrend, a sign of bullish reversal. Recommended to EXIT sell/short positions
- Strength Filter – Ideally used to confirm your trade setups
- Bullish