I have analyzed 1300 forecasts and signals that I shared on TradingView last year and found 95% accurate trading confirmation.
In this article, we will discuss multiple types of confirmations and their winning rate on Forex, Gold, Indexes, Crypto & Commodities.
First, let me introduce you to the types of analysis that I provided.
1 - Structure based forecast
I have shared more than 55 trading setup with key levels analysis: Where the price is approaching a key daily horizontal support and resistance.
Here is the example of such a post.
Test of a key horizontal or vertical support/resistance turned out to be a poor trading signal. Total accuracy of structure based forecasts is 38%.
Please, note that if we consider the market trend in our calculations,
the trend-following structure based setup will be 42% accurate, while a performance of a counter trend setup drops to 35% 2 - Structure breakout based forecast
I analyzed and posted 73 posts with a key structure breakout as a confirmation on a daily.
Above is the example of a such a forecast.
Key levels breakout turned out to be a strong bullish or bearish confirmation with 59% accuracy. Trend direction did not affect the efficiency of a key structure breakout that much, with a 60% accuracy of a trend following setup versus 57% of counter trend.
3 - Structure based forecast with a single intraday confirmation
I shared more than 500 setups with a test of a key structure on a daily and a single price action based bullish or bearish confirmation on a 4h/1h time frame.
My intraday confirmation is a formation of a price action pattern with a consequent breakout of its neckline/trend line in the projected direction.
Please, check the example of such a signal.
Just a single intraday confirmation dramatically increases the accuracy of a structure based setup. Average winning rate is 66%.
4 - Structure based forecast with multiple intraday confirmations
I spotted and posted 200+ forecasts with a test of a key structure on a daily and multiple price action based bullish or bearish confirmations on a 4h/1h time frame.
Multiple confirmations imply the formation of multiple price action patterns on 4/1h t.f.
Here is the example of such a setup on EURGBP.
Two or more confirmations on a key structure increase the average winning rate to 72%.
Among multiple confirmations, I found a 95% accurate bearish signal:
The market should be in a bearish trend.
The price should test a key daily structure resistance.
The market should form a rising wedge pattern on a 4h/1h time frames and the highs of the wedge should strictly test the key structure and should not violate them.
After a test of structure, the price should form a bearish price action pattern on the highs of the wedge.
Above is a setup with the best trading confirmation.
A bearish breakout of the neckline of the pattern and a support of the wedge was a 95% accurate trading signal this year.
Of course, there are various confirmations, depending on a trading style. The ones that I shared with you are structure/price action based.
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.