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High Accuracy Trading Signals Using Forexsignal30
Forexsignal30 is a tool or tool designed to help traders by providing trading opportunities over a period of time. One of the important elements that determine success in trading is probability. The percentage of opportunities used by a trader as a parameter can vary, depending on the strategy he uses.
How big is the probability or accuracy of an ideal trading signal for a trader or futures product customer? The answers vary widely. There are traders who set the odds ratio to be above 70%, not a few who set a minimum limit of 720% and many also want a higher chance percentage. But basically, most traders want the highest possible level of accuracy in trading.
To get information on the number of opportunities available in the market, traders can now take advantage of Forexsignal30. This trading feature is able to provide automatic signals to execute positions as well as provide opportunity levels based on price patterns and traded products. The statistics are based on historical data for 6 months.
Forexsignal30 Accuracy Level Based on Price Patterns (Pattern)
Forexsignal30 has a statistically high level of accuracy for a price pattern, both for patterns that are being formed and patterns that are already final. One example is the price pattern (pattern) double top. The total number of patterns formed over the last 6 months is 156 times, and 123 of them managed to reach the price forecast target. So, the level of accuracy that is owned is 87%.
The following table shows price patterns that have an accuracy rate ranging from 50% to 100%. The green color indicates an accuracy level of at least 70%. The red color indicates an accuracy rate below 66%. This table can provide an overview of price patterns that produce a high degree of accuracy and the most frequent patterns.
Forexsignal30 Accuracy Rate by Product
The Forexsignal30 system provides product statistics with the highest accuracy of price formation patterns. An example is the currency pair EUR/USD.m, which formed a pattern of 555 and met the price target of 413. The accuracy rate is 76%. The green box is an accuracy level of at least 75% and the rest is below 75%.
Pattern and Product Forexsignal30 Accuracy Level
Combining pattern and product accuracy levels will make trading more effective. The trick is to first look at the statistics of a pattern formed on the chart, then look at the product statistics. How to see the opportunity? Case in point: up channel pattern occurs in EUR/USD.m. First, traders need to look at the statistics of the up-channel pattern (by 75%), then look at the statistics of EUR/USD.m (by 79%). The level of accuracy of patterns and products are both above 70% so it is considered enough to make traders more confident when executing positions.