[Day Trading Indicator] Essential checks to avoid false signals in difficult cases of Nova Relic Signal

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Nova Relic Signal is a trend-following indicator.

In addition, as an auxiliary tool, we also provide the environment recognition indicator "Nova Relic Market Structure Line".

The basic usage is to enter in alignment with the trend direction of the higher timeframe.

For example, when trading on a 5-minute chart, it is recommended to check the 1-hour chart as the higher timeframe.

However, Nova Relic Market Structure Line has some difficult cases that it cannot detect perfectly.

That is when the higher timeframe is moving up and down significantly.

In such situations, it may not be able to accurately detect the trend state.

Therefore, do not rely solely on the environment recognition indicator; always confirm visually as well.

It is important to check whether the chart is not moving up and down too much or showing a lack of directional movement.

If you trade only by looking at Nova Relic Market Structure Line, you may miss this difficult case and fall for a false signal.

As you become more experienced, you can judge with just the 5-minute chart, but it is more reliable to also check the higher timeframes as much as possible.

First, memorize this difficult case as a timing when you should not enter.

It will certainly be useful for advancing trades in your favor.

As an actual chart example, let's look at Kawasaki Kisen Kaisha (9107).

It moves up and down widely, making it difficult to grasp the direction.

Try to avoid charts like this as much as possible.