Kraken
Versatile Signal Generator with Built-In Confirmative AI
Last updated
Versatile Signal Generator with Built-In Confirmative AI
Last updated
About:
Traders globally acclaim Kraken as the signal generator with the highest accuracy rate in the industry. It's a compliment that brings us pride at Tradebox!
Kraken represents the art of trading on supercharts. We streamline the process, allowing you to concentrate solely on the buy and sell signals. These signals are further confirmed by the volume behind each candle in the volatility-indicative cloud, the confirmation through candle colors, and the guidance provided by the Trend AI background for your entry and exit points.
Specifications:
Market: Forex, Stocks, Crypto, Options, Indices, and Futures
Timeframe: 30mn or 1hr
Type: Cloud AI +Trend AI + Volume Candles + Range Breakout
Trading Style: All (scalping, swing, intraday, and position trading)
Assets & Charts: All
Setting Rules: None
Features:
No specific settings needed; simply trade on signals.
Automatically generates signals for buying and selling on any timeframe.
Consistent signals under various market conditions and volatility, especially during news cycles.
Colored indicative candles reveal potential market reversals or shifts in direction, offering the potential for higher profit gains.
Trend Volatility Cloud (TVC) is a proprietary AI that calculates trend strength and volatility to define breakout ranges, take profits, stop losses, and reversals.
Realtime Adaptive Volume (RAVB), a proprietary AI, calculates the buy or sell volume of each open candle.
How to use:
It is recommended to use a preferred time frame of 30 minutes to 1 hour for trading in Forex and Stocks, and a 15-minute frame for Index Option trading.
Simply wait for a buy or sell signal.
Ensure it is around forming candles in yellow to orange for a sell or yellow to greenish color for a buy.
As a final confirmation, make sure the Volume Bars (RAVB) start forming in the Cloud from yellow to teal for buy and yellow to red for sell.
You can ride the entire bullish and bearish trend until the Volume Bars (RAVB) color changes.
Note:
The Kraken AI scripts are proprietary algorithms, complex logic, and mathematical equations to analyze price movements and generate potential trading opportunities. These algorithms construct clouds and volume bars around a central priceline, visually representing price volatility and possible support and resistance levels.
Understanding the characteristics of different Tradebox indicators and combining them with other technical analysis tools allows traders to 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 the Kraken AI script to align with your specific trading objectives and risk tolerance.