What is 4-Bell?
4 Bell makes use of Machine Learning techniques in combination with TA tools such as indicators, oscillators and chart patterns. As you can see, 4 Bell consists of 2 bells. The right bell’s mouth indicates the selling range, and the left bell’s mouth shows the buying range. Users can use 4 Bell to Observe market behaviour and get the confirmation they need for their decisions. All traders can use this indicator, regardless of their experience.
As you can see, each bell is divided in half by a horizontal line. The upper half analysis the market based on TA tools, while the lower half relies on data science and AI methods such as deep learning and machine learning to do the same.
The upper half consists of 18 boxes and the strength of TA tools increases gradually, with 18 being the strongest, while the lower half calculates the strength of the trade using AI, and represents it in 4 stages. A reliable zone is a zone where both levels are showing signals, and it’s only then that the zone changes color and can be considered valid.
The grey zone between the two bells is called Hover Zone and shows indecision in the market. Professional traders stop their trading activities in this area, and wait for more confirmations.