Quote from: rahulzx on January 16, 2024, 11:26:27 AM

Quote from: Barikui1 on January 15, 2024, 07:34:38 PM

Quote from: rahulzx on January 15, 2024, 02:27:09 PM

I'm researching for analyze real time market order positions contains in candles, Kindly suggest me some tools and indicators you use for same purpose as mine.

Bro, if it's price action trading you truly want to learn, then I suggest you go for proper training, because price action trading don't make use of indicators.
It's a system of trading pattern where you use the candle stick and chart pattern to determine the next action of the market.
So as a beginner, you must be able to identify support and resistance first, before you will have to move on to the next level of your learning process.
So I advice you go for proper training first, before even considering trading futures.

yes ,considering I'm not a beginner, let me know the next level please.

If you are not a beginner then that means you can identify support and resistance right? The next thing you do next is to identify the market structure, like if the market is going up or going down or going sideways ( consolidating), after that since you have identify the overall trend of the market, the next thing to do is to know where the support level or resistance level are on the daily timeframe, the 4hrs timeframe, the 1hr timeframe and the 15 minutes timeframe to know what the market is currently doing base on the market structure, but note that the higher timeframe have more potency than the lower time frame.

Just I have said earlier, price action trading is a trading strategy that have high accuracy If you are being thought properly by someone that knows it very well, but always try to do your own research.
Most traders fail in trading because they were not thought by properly or they have no knowledge about technical analysis, they just ventures into the market an pray it goes their way.
Go for knowledge first bro, before you think of the market.