Read Midas Candlestick Signal Hints, Pressure and Divergence

Hints displayed directly on candles help explain current market conditions. The pressure circle shows which side had the greater influence within a candle and reveals the balance between buyers and sellers:

• The color of the circle shows who is dominant at the moment: the green circle is the pressure of buyers, the red circle is the pressure of sellers.
• The size of the circle shows the strength of pressure: a small circle is weak pressure, a large one is strong.
• Use for additional confirmation when opening trades: when the dominant side changes, a trend reversal is possible.
• While there is pressure towards the transaction, it is too early to fix the profit; when there is pressure from the opposite side, it is worth either fixing the position or reducing the risks.

The indicator analyses volume and volatility to identify areas where large participants may be building positions, which can signal a possible upward impulse.

• It shows the moment of possible growth.
• Helps to fix the profit on the transaction in time and avoid false breakdowns.
• It shows how the major market participants act, helping to trade more consciously.

Analyzes volume and volatility and helps to identify areas where large market participants deliberately create false movements to confuse small traders and knock out weak hands:

• Avoid opening a long trade while the warning is active; wait for the manipulation to end and the market to calm down.
• It may indicate a coming decline; consider a short trade only with additional confirmation.
• It helps to avoid trading in conditions of false breakdowns and sharp “straits” of the price.

One of the strongest signals of technical analysis: it indicates a trend attenuation and a possible reversal in advance, analyzing the discrepancies between the price and the readings of 11 oscillators:

• The number in the circle shows how many discrepancies the indicator found: the more divergences, the stronger the signal of trend attenuation.
• The color of the circle shows the mood: green - bullish divergence, red - bearish.
• A filled circle means the divergence is also confirmed by money flow, which strengthens the signal.
• It helps to see in advance when the trend is losing strength and predict the reversal.
• Helps to fix profits in time and open a deal in the right direction.
• It works best in a sideways market and in the trend direction; against the trend it produces noise.

Use signals with the divergence indicator: after bullish divergence appears below price, wait for a Buy signal before considering a long; after bearish divergence appears above price, wait for a Sell signal before considering a short.

• The more divergences appear, the stronger the signal.
• It works best in the trend direction and in sideways markets on higher timeframes.
• Experienced traders can open trades earlier without waiting for the signal.