Signal Mode

The BirdViewTrading signal mode includes 2 different kind of signals:

• Buy / Sell Signals (Green/Red)

• Chances of reversal Up/Down (Blue/Orange)

BUY / SELL SIGNALS:

BUY SIGNAL: Trend is changing into an upwards trend - The colour of the candles will turn green.

SELL SIGNAL: Trend is changing into an downwards trend - The colour of the candles will turn red.

These signals are being used to confirm a possible trade decision. Important is that you can not enter a trade only based on buy or sell signal alone due to the lagging indication of the signals.

Buy & Sell Signals are used to get a quick picture of the market direction and should therefore never been traded without extra indicators such as "Chance of reversal' or BirdViewTrading B.

CHANCE OF REVERSAL

CHANCE OF REVERSAL UP: There is a high chance of a trend reversal into a uptrend.

CHANCE OF REVERSAL DOWN: There is a high chance of a trend reversal into a downtrend.

Other than buy and sell signals, the chance of reversal indicator tries to identify a reversal of the trend before the actual move is made and is therefore predicting the next market move. Because of the fact that this indicator is a chance of reversal, trading these signals can be risky. The reversal indicator can on the other hand be very helpful for exit points.