# Indicators only

In this mode, the Midas indicator base remains on the chart: automatic support and resistance levels, price channel, horizontal volume profile, whale movements, and money flow.

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Extra elements can be turned off in the settings to make the chart even cleaner and more convenient
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The most basic and effective technique in trading: identify the trend, find a strong level, confirm the price reaction from the level, and the moment of the trade!

That is exactly why Midas consists of two indicators, in order to best cover these tasks:

1\) **Midas Up** shows the trend direction and strong support and resistance zones - helps determine which direction to trade and where to wait for price!

2\) **Midas Down** shows the moment of a price wave reversal - helps choose the right moment to enter!

## How the Midas trading system works

{% stepper %}
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### Identify the trend

First, open the chart and look at the **upper Midas Up indicator**. To start, use one timeframe - don’t jump between different timeframes and compare signals.

Your first task is not to look for an entry right away, but to answer the question: “Which direction do I actually want to trade?”

On the upper indicator, we look at [EMA](/faq-en/faq-midas-up/ema-moving-averages.md) and [the price channel](/faq-en/faq-midas-up/price-channel.md) - they visually show the market direction with color, which is convenient and very simple - even a beginner can figure it out.

<figure><img src="/files/c29cff02eda2b318976c79450b88d75c0f5f953f" alt="" width="563"><figcaption></figcaption></figure>

If the channel color is yellow and the EMAs cross - this is a sideways market; beginners are better off skipping sideways trading, since it has many noisy signals.

With experience, it is worth paying attention to [money flow](/faq-en/faq-midas-down/money-flow.md) and [whale accumulation](/faq-en/faq-midas-down/whale-movement.md) / distribution for a full understanding of the market phase and the moment of trend change😎
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{% step %}

### Find the areas of interest

Now the task is to find a **place on the chart**, where price is most likely to react, so you enter right at the start of the move, not in the “last carriage.”

On the upper indicator, we look at the channel boundaries and [support / resistance levels](/faq-en/faq-midas-up/support-and-resistance-levels.md), which are marked automatically - no need to waste time drawing anything anymore.

When the trend is clear, it is worth looking for areas of interest in the form of a bounce from the boundaries of the price channel only in the direction of the trend.

In a sideways market, it is better to trade from support and resistance levels - look at the example below to see how price reacts from the levels and how many times you could have opened trades right at the start of the price move.

<figure><img src="/files/5ed23238bfb25a393a414637ce32b83bdd89c152" alt="" width="563"><figcaption></figcaption></figure>

With experience, it is worth paying attention to [the liquidity heat map](/faq-en/faq-midas-up/liquidity-heat-map.md), which shows areas of stop clusters and [the horizontal volume profile](/faq-en/faq-midas-up/horizontal-volume-profile.md) - these will accurately show you where the levels are truly strong, and where price will be attracted like a magnet.
{% endstep %}

{% step %}

### Confirm the entry moment

Knowing the direction in which you want to trade and the zone from which you will open the trade, all that remains is to wait for price to reach this zone and get confirmation.

You should not open a trade “in the air”; you just need to wait until price reaches the заранее marked area - this will immediately make your analysis calmer and remove unnecessary emotional entries!

When price reaches your area of interest, we wait for a [Buy / Sell signal](/faq-en/signals-and-strategy.md) to enter and look at **Midas Down**. Its job is not to find the zone, but to help understand **whether there is confirmation of an entry right now.**

<figure><img src="/files/17ac97d5ca47d88c09c4e5e6d23a585ebe0b0c8e" alt="" width="563"><figcaption></figcaption></figure>

For a quick start, you don’t need to try to read everything at once; learn gradually - at first, pay attention to the [trend ribbon](/faq-en/faq-midas-down/trend-ribbon.md). It shows price reversal moments very well while removing all noisy price manipulation, perfectly smoothing the waves.

With experience, it is worth paying attention to [whale movements](/faq-en/faq-midas-down/whale-movement.md), [oscillator overheating](/faq-en/faq-midas-down/overheating-by-6-oscillators.md), [volume delta](/faq-en/faq-midas-down/volume-delta.md) and other advanced analysis tools.
{% endstep %}
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## More about Midas Up

The upper indicator immediately shows **the market direction** and **areas of interest**, from which price may react. With it, you will accurately determine the trend and the support/resistance levels from which you will make trades.

Instead of manually marking up the chart and trying to understand the market “by eye,” you immediately get a fully structured market picture:

* where it is better to look in general, and which trades to skip
* where the trend runs and when it changes
* where the strong levels are from which price will bounce
* in which zones to close the trade and wait for a reversal

<table data-card-size="large" data-view="cards"><thead><tr><th></th><th data-hidden data-card-cover data-type="image">Cover image</th></tr></thead><tbody><tr><td><p>Detailed video lesson, 21 minutes:</p><p>➡️<a href="https://youtu.be/QIOIZV0dl-s">Watch on YouTube</a></p><p>➡️<a href="https://vk.com/video-228172732_456239122">Watch on VK</a></p></td><td><a href="/files/e802d3ec01f67805c8c5b92f3b87b01db04ed86b">/files/e802d3ec01f67805c8c5b92f3b87b01db04ed86b</a></td></tr></tbody></table>

## More about Midas Down

The lower indicator **confirms the entry point** and accurately shows **the moment of the current wave reversal**. With it, you will determine when to open and close trades.

When you already understand the market direction and know from which zone you want to trade, Midas Down helps you avoid entering on emotions and instead wait for confirmation of the price reaction in the right zone - this is what makes analysis calmer and more disciplined.

<table data-card-size="large" data-view="cards"><thead><tr><th></th><th data-hidden data-card-cover data-type="image">Cover image</th></tr></thead><tbody><tr><td><p>Detailed video lesson, 19 minutes:</p><p>➡️<a href="https://youtu.be/3Yk_05yH350">Watch on YouTube</a></p><p>➡️<a href="https://vk.com/video-228172732_456239121">Watch on VK</a></p></td><td><a href="/files/31ae4a75787729989907a5481977b8cfd6bef892">/files/31ae4a75787729989907a5481977b8cfd6bef892</a></td></tr></tbody></table>

## More about the Up + Down system

The basic Midas trading system always works in 3 steps, and your main task is to combine this logic with the trading indicator and gradually study the additional tools hidden under the hood of Midas.

<table data-card-size="large" data-view="cards"><thead><tr><th></th><th data-hidden data-card-cover data-type="image">Cover image</th></tr></thead><tbody><tr><td><p>Short video lesson, 13 minutes:</p><p>➡️<a href="https://youtu.be/P1aPmzGwJLY">Watch on YouTube</a></p><p>➡️<a href="https://vkvideo.ru/video-228172732_456239107?list=5ad4f7b64f3452e120&#x26;t=3m36s">Watch on VK</a></p></td><td><a href="/files/b7f5f1fda9fc6e3a862131cad35afa6185b299a1">/files/b7f5f1fda9fc6e3a862131cad35afa6185b299a1</a></td></tr></tbody></table>

## Frequently asked questions and recommendations

<details>

<summary><strong>Which mode is best to start getting acquainted with Midas?</strong></summary>

It is best to start with the **“Indicators only”**&#x6D;ode, because this is Midas’ main mode: it keeps the basic indicator part on the chart without extra clutter, and it is best suited for calmly understanding the system logic.

</details>

<details>

<summary><strong>What will I see in the “Indicators only” mode?</strong></summary>

In this mode, the key tools for manual analysis remain on the chart: automatic support and resistance levels, price channel, horizontal volume profile, whale movements, and money flow; extra elements can be turned off in the settings to make the chart even cleaner.

</details>

<details>

<summary><strong>Can this mode be used on a phone?</strong></summary>

Yes, and this is exactly the mode recommended for phones, because it does not overload the chart and allows you to work with Midas in a more compact and understandable format.

</details>

<details>

<summary><strong>How should I work correctly in this mode?</strong></summary>

The basic logic is very simple: first, use the upper Midas Up indicator to determine the market direction and the nearest area of interest, and then use the lower indicator to confirm the entry point. This approach helps you avoid jumping into trades blindly and instead build a setup step by step.

</details>

<details>

<summary><strong>What should I look at first: signals or the trend?</strong></summary>

It is always better to look at the trend and the area of interest first, and only then at the signal. In the Midas materials, it is separately emphasized that the upper indicator is needed to determine the market direction and strong zones, and signals without context should not be treated as a ready-made entry command.

</details>

<details>

<summary><strong>What should I do if the chart still seems overloaded?</strong></summary>

Don’t try to look at everything at once. In the “Indicators only” mode, you can turn off extra elements and leave only what helps you personally: for example, first look only at the EMA, price channel, and levels, and connect the other modules as you learn the system.

</details>

<details>

<summary><strong>Can Buy / Sell be used as a ready-made entry signal?</strong></summary>

No, you should not do that. In Midas logic, Buy / Sell signals are meant as a clue and a reason to look at the chart, and the decision to open a trade should be made only after analyzing the context, trend, area of interest, and confirmation from the lower indicator.

</details>


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