Market Confidence
Market Confidence is designed to give you a high-level view of overall market sentiment. Rather than focusing on short-term volatility, this tool helps you understand whether the broader trend is bullish or bearish by analysing longer-term price swings and volume behaviour.
This is a lagging indicator, meaning it is not meant for scalping or micro entries. Instead, it should be used as a confidence check, a directional filter that can support decisions made using faster or more reactive tools in the ENEXSL suite. If you're uncertain about the broader market context, Market Confidence helps you stay aligned with the prevailing trend.
(WE RECOMMEND WATCHING THIS IN FULL SCREEN - TOP RIGHT-HAND CORNER OF THE GUIDED DEMO)
It’s particularly useful for swing traders and those looking to build confluence across multiple indicators. When Market Confidence confirms the same directional bias as other ENEXSL indicators, you can be more confident in the quality of your entry.
An additional feature of Market Confidence is the printing of ‘X’ markers during moments of strong directional movement. These appear in real time, despite the overall lagging nature of the indicator, and serve as high-probability confirmation of market conviction.
Utilise Market Confidence to avoid trading against the tide. In the guided demo below, you’ll learn how to integrate it with other ENEXSL tools to support better decision-making and strengthen your directional bias before taking a trade.
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