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Tradebox Documentation
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  1. Confirmative AI

Scaler

Market Trend Confirmative AI

Previous4060NextMag9

Last updated 1 year ago

About:

This script is primarily employed to identify market trends. The change in trend is reflected through the color variations in the candles. When the candle color shifts to sky blue, it indicates a bullish trend, while a red candle signals a bearish trend.

Scaler indicative AI uses proprietary algorithms, complex logic and mathematical equations to analyze price movements and identify potential trading opportunities.

How to use:

Orders are placed based on these candle colors—buying when the candle turns sky blue and selling when it becomes red. There are no rigid rules for its application; simply follow the colors of the candles.

Specifications:

  • Market: Forex, Stocks, Crypto, Options, Indices, and Futures

  • Timeframe: 30mn or 1hr for Forex, Stocks, Crypto, 15mn for Index Option Trading

  • Type: Trend & Range AI + Tradebox Algos

  • Trading Style: All (scalping, swing, intraday, and position trading)

  • Assets & Charts: All

  • Setting Rules: None

Note:

By understanding the characteristics of different Tradebox scripts and combining them with other technical analysis tools, traders can develop effective trading strategies and make more informed decisions in the financial markets.

As with any trading tool, it’s essential to test your use of Scaler Indicative AI to align with your specific trading objectives and risk tolerance.