When looking at a potential trade, should we first check the trend of the higher time zone, or just focus on the climate indicator? Or does the climate indicator take trend into account?
Thanks for your question. You’ve hit the nail on the head – the AutoClimate takes trend into account, which saves you the hassle of analysing the trend yourself if you don’t want to. If the dot is thick blue, then essentially the trend is confirmed upwards. If it’s thick red then the trend is confirmed downwards. If it’s a thin dot of either colour then the trend is not strong enough either way.
It takes subjectivity of trend analysis out as the dots give us the objective answer that comes from AutoClimate’s analysis and parameters.
You can of course add your own trend analysis in as well if you’d like to, but it’s not necessary.
Hope that helps!