What markets and timeframes do the algo work with?
Polytrends will work on any market, including stocks, indices, forex, futures, cryptocurrencies, and commodities on all timeframes including 1m, 5m, 30m, 1H, 4h, 1D, 1W, 1M etc. You may use Polytrends for scalping, swing, or position trading by simply adjusting your timeframes and Polytrend settings.
There is no best timeframe. You may find better accuracy in using higher timeframes as larger, more significant direction changes tend to come from higher timeframe levels. We generally recommend you optimize your settings for your trading style and utilize a multi-timeframe approach.
What’s the signal accuracy?
The Polytrends Algo does not generate signals specifically. It does however plot highly accurate levels of support and resistance which could be used as a potential trading signal. We do not provide specific back-testing data or specific % accuracy of users’ use. We recommend you use your own trading strategies.
Does it repaint?
No. Polytrends is a real-time dynamic algo that will redraw upon a confirmed candle closure.
Will it trade automatically?
We designed Polytrends as a tool to be used in your own unique trading strategies. We currently do not support any sort of trading automation.
Can I see real-time data?
Tradingview supports real-time data. Some products may require you to purchase real-time data that may not normally be supported.