Gold Confluence by Bongkah
- Утилиты
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Abdul Rani Bin Ishak
Я трейдер и независимый разработчик, создающий практичные инструменты для MetaTrader.
Я предпочитаю простые решения сложным. Если что-то можно упростить, я считаю, что это стоит сделать. - Версия: 2.0
Gold Confluence by Bongkah is a manual trading assistant for Gold (XAUUSD) on MetaTrader.
The product provides a dashboard that combines several technical market conditions into a single visual interface. It is designed to support traders who use their own trading methods, such as Price Action, Support and Resistance, Supply and Demand, trendlines, breakouts, or other technical approaches.
The product does not execute trades automatically. Trade entries, exits, Stop Loss, Take Profit, position size, and other risk parameters are determined and managed by the trader.
Main Features
1. Confluence Dashboard
The dashboard contains four technical condition cards:
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MARKET: Displays short-term and medium-term market structure and directional conditions.
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MOMENTUM: Displays current price momentum and volume-related conditions.
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GLOBAL: Displays daily range information and higher-timeframe market conditions.
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ENTRY: Displays conditions used by the product to identify potential entry alignment.
The four components are calculated independently and displayed together to provide a consolidated view of the current market conditions.
2. Confluence Status
The dashboard displays the combined status of the four components:
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ALL 4 BUY: All four components currently indicate Buy conditions.
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ALL 4 SELL: All four components currently indicate Sell conditions.
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MIXED / WAIT: The four components are not aligned in the same direction.
The status is an indication generated from the product's internal calculations and should not be considered a trading recommendation or a guarantee of a particular market outcome.
3. Multi-Timeframe Market Display
The dashboard displays market conditions across M5, M15, H1, and H4 timeframes.
The display allows traders to compare conditions across multiple timeframes while using their own trading analysis and decision-making process.
4. Alerts and Notifications
The product can provide:
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On-screen alerts
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Sound alerts
Notifications can be configured for selected confluence conditions. An alert indicates that the specified conditions have been detected by the product. It does not indicate that a trade will be profitable.
5. Compact Dashboard Interface
The product uses a compact dashboard designed to display the main information while keeping the trading chart visible.
A minimize button allows the dashboard to be reduced when it is not required.
How to Use
1. Analyse the Market
Use your preferred trading method to identify a potential trading setup.
2. Check the Dashboard
Review the MARKET, MOMENTUM, GLOBAL, and ENTRY conditions.
3. Compare Timeframes
Review the M5, M15, H1, and H4 information as part of your market analysis.
4. Make Your Trading Decision
If the displayed conditions are relevant to your trading plan, you may use the information together with your own analysis and risk management.
The product does not determine whether a trade should be opened or closed.
Technical Specifications
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Instrument: XAUUSD / Gold
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Platform: MetaTrader 4
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Timeframes: M1, M5, M15, H1, H4, and Daily
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Dashboard: Multi-timeframe market condition display
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Trading Mode: Manual trading assistance
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Automatic Trade Execution: Not included
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Alerts: On-screen, sound, and mobile push notifications
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Account Types: Compatible with Standard, ECN, Raw Spread, Micro, and Cent accounts, subject to broker and platform specifications
The product is intended as a technical analysis and market-monitoring tool. Market conditions can change rapidly, and the information displayed by the product may not accurately predict future price movements. Trading involves risk, and past testing or historical market observations do not represent future trading results.
