Do not get trapped in fake moves? Get chart alert before time
Trap Alert Modules is the price action analysis shown on the chart in the form of textual analysis. This shows the increased possibility of buyer or seller getting trapped.
A textual alert appears on the chart whenever there is the possibility of getting trapped. Other times, it does not show.
It is expected that the trader must hedge the trades or reduce the exposure, as soon as he sees a trap alert on the screen. This is not the reversal pattern.
Trap Alert module is available as separate module as well as in integrated form (packed with WaveNodes Volatility Meter). There is no difference in separate or integrated module.