I have been using Chart Prime for Intraday Trading for the past 6 months. The features on the indicator have shown steady improvement, and I am quite pleased with the recent developments.What I particularly liked:Order Blocks: These act as reliable resistance and support levels, guiding trade decisions with a 90% success rate.Buy/Sell Signals: The accuracy of these signals is around 70%, which is commendable.Channel Pattern Formation: The indicator's ability to detect and display channel patterns is excellent.Choch, BOS, DB & DT Pattern Detection: The indicator excels in detecting these patterns, which is highly beneficial for traders.What I disliked:Indicator Hangs: Occasionally, the indicator hangs or experiences delays, which can be frustrating during trading sessions.Target Points Accuracy: The accuracy of target points could be improved for better trade execution.Expectations for added features:Stop Loss (SL), Entry Point, and Target Points (TP1, TP2, TP3): These additional features would enhance trade management and execution.False Target Detection: Improvements are needed to detect false targets earlier, especially in the case of false breakouts.Historic Trendline Formations: Incorporating historic trendline formations would provide valuable insights for trend analysis.Trend Analysis Across Different Time Frames: The ability to analyze trends across different time frames would be beneficial for comprehensive trading strategies.Overall, while Chart Prime has many strengths, there are areas for improvement that could make it an even more powerful tool for intraday traders.
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What is Chart Prime?
Offered exclusively through The trading view platform, Chart Prime is a trading indicator service that has a no-nonsense approach to trading assets across all markets. Whether trading crypto, stocks, or commodities, Chart Prime’s objective is to provide robust and intelligent tools that will give serious traders the edge they need when trading assets. the goal of TRULY making life as a trader as easy as possible is omnipresent in our business model.
ChartPrime indicators are designed and made by real traders for real traders. Our team consists of industry leading developers working in digital signal processing & finance to take more complex logic and boil it down into a useable & beautiful tools. You can find out more at https://www.chartprime.com/
When deciding which indicators to use; it's important to consider two main things:
1) Does the company use their own trading tools?
2) Does the company know how to build tools?
In ChartPrime's case; yes, all of our founders and core team trade actively using the indicators and share live trades, analysis and show themselves using the tools.
Furthermore, our developers have received multiple editor picks awards from TradingView for innovative and expertly crafted indicators.See more
