Each signal has a confidence score that helps you prioritize which setups to focus on.
Score Types #
0-100 numerical score:
- 0-33: Low confidence (Weak)
- 34-66: Medium confidence
- 67-100: High confidence (Strong)
Qualitative labels:
- Weak, Medium, Strong
- Color-coded for quick visual scanning
What Influences the Score #
The confidence score is based on several factors:
Indicator agreement:
- How many indicators align in the same direction
- Stronger agreement = higher score
Magnitude of move:
- How far indicators have moved from neutral
- Extreme readings increase confidence
Volume and volatility confirmation:
- Signals backed by volume spikes score higher
- Volatility expansion adds weight to breakout signals
Historical efficacy:
- Similar setups that performed well historically receive higher scores
- Backtested win rates influence the calculation
Hover for breakdown:
- Hover over any confidence score to see a tooltip explaining which factors contributed most to the score.
Important: A high confidence score does NOT guarantee a winning trade. It simply means the technical conditions are strongly aligned according to the algorithm’s criteria. Always apply your own analysis and risk management.
■ Try it now: Compare a Weak confidence signal to a Strong confidence signal. Hover over both scores to see the breakdown and understand the difference.