Trade Only Strong Signals!
Know when to trade! Know when the signals are strong and when they can turn out to be just a costly mistakes. It is crucial to know when you can rely on your indicators or strategies, and when it is better to postpone your trading decision for a few days. Advantage Colors will help you to distinguish between strong market when the movement should be continued and the weak one, when the price will be against you in the next bars. This enables you to avoid many false signals, and at the same time take advantage of the very first signs of trend reversal.
Advantage Colors will help you to find strong candles on your charts that confirm the signals from other tools. It will color in blue or red these candles, after which you can expect a continuation of rally or decline and will color in gray those after which the probability of movement continuation is low. It seems to be very simple tool, but try it once and you will never want to go back to default bar coloring!
Advantage Colors parameters:
• Strong Up Candles
• Strong Down Candles
• Weak Candles
• Impulse Up
• Impulse Down
• Correction
Soon Advantage Colors in Tradestation Store.