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MIDAS FAQ👑Up

A brief guide to the indicator designations on the chart👇

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Detailed video lesson 21 minutes:

➡️Watch on YouTubearrow-up-right

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Determining the local and global trend

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Determining the trend is the most important task

🚫Trading against the trend, correctional moves or constantly looking for a reversal is a sure way to losses! There will be many chances to open a trade in the direction of the trend, and only one reversal!

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If there is a trend in the market - signals will work with the trend

‼️Signals do not work against the trend - all indicators will be overheated‼️

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If the market is sideways - signals will work in both directions

It is optimal to trade bounces off the levels (the upper and lower boundaries of the sideways range)

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wave-sineMoving EMAs

They show the direction and strength of the global trend by color; the lines themselves also serve as support and resistance levels

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grip-linesPrice channel

They show the direction and strength of the local trend by color; the channel boundaries also serve as support and resistance levels

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We find horizontal levels and liquidity

Signals miss part of the initial move because they lag the price slightly. Get the maximum profit by trading from strong levels and confirming the entry point on the lower indicator👇

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bars-staggeredSupport and resistance levels

They show not only the levels themselves but also their strength, helping to find the most advantageous entry and profit-taking points in advance

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align-rightHorizontal volume profile

Shows the maximum traded volumes, which will serve as levels and magnets for large players

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chart-simple-horizontalLiquidity heatmap

Shows where liquidity is hidden in the form of stops and where the big player will move the price

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Candlestick hints

Unique advisors will themselves help you understand what is happening in the market at the right moment👇

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circle-3Candle hints

Color shows who is exerting pressure on the price - bulls or bears; the size of the circle indicates the strength of the pressure

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circle-3Candle hints

Shows the number of divergences across 11 indicators at once, signaling the weakening and reversal of a trend in advance

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circle-3Candle hints

They show zones of strong manipulation and possible price reversal, when it is worth reducing risks

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