What a confluence score is (and what it isn't)

"Confluence" is a trader's word for several separate pieces of evidence pointing the same way. One indicator agreeing with a pattern is interesting; four separate checks agreeing is more interesting.

How PipSwipe scores it

Every pattern in PipSwipe has already passed two indicator checks just to appear. The confluence score then counts five extra checks, from 0/5 to 5/5:

1. EMA trend. Are price, the 20-bar average and the 50-bar average lined up in the pattern's direction?
2. Candle. Is there an engulfing candle, a pin bar, an inside-bar break or a strong close pointing the same way?
3. Level. Has price broken the 20-bar high or low, or tested it and held?
4. Momentum. Has the Stochastic turned to the pattern's side, or is it pinned in a strong trend?
5. Fibonacci. Has price broken or held a key retracement level of the latest swing?

What a high score means

A 4/5 or 5/5 means most of the extra checks agree with the pattern. The evidence is broad, not just one indicator.

What it doesn't mean

• It isn't a probability. A 5/5 doesn't mean "five times more likely".
• It isn't a forecast. The score describes the chart right now, not what comes next.
• It isn't a reason on its own. A high score against the bigger timeframe's trend is still a pattern against the trend.

A sensible way to use it

Use the score to sort and filter, not to decide. For example, look at 4/5 and 5/5 patterns first, then check the bigger timeframe, then look at the chart yourself. In PipSwipe you can filter by score on the Pro plan, and Chart school shows the score as one of the clues before you make your read.