The "Advance Day trading Signal" Software is designed based on the time tested Technical analysis techniques that evaluate historical data of the underlying stocks, any indices or any symbol on which it is loaded.
It generates precise trading signals in advance before the start of trends and places stoploss line when the strength of the trends weakening. This unique feature of the system guide the traders to protect their profits at every crucial levels.
Functioning:
The software analyses each and every candle of the symbol in the given time frame and bunches the candles into three basic groups.
1) Bullish Group of Candles (Candle marked with Aqua Colour Arrow at the Price High of the candle)
2) Bearish Group of Candles (Candle marked with Magenta colour Arrow at the Price Low of the candle)
3) Floating Group of Candles. (Candle having no arrow either on top or bottom)
As the indicator start bunching the candles into groups, a line will gets drawn, if the candles falls into Bearish Group the colour of line will be Blue or Group of candles is Bullish then the colour of line will be Yellow.
Traders can take SHORT when Blue colour line appears or LONG when Yellow colour line appears..The floating Group of candles helps the traders to exit their current position.
These unique features of the "Day Trading Signal" software ensures Profits during Trending & Range bound Market conditions..
Trading Rules for 'Advance Day Trading Signal" Software:
System consists of the followings;
1) Trend line indicator Blue/Yellow colours.
2) Trend arrows Aqua/Magenta Colours.
3) Stoploss Level line (dotted line Red colour).
Descriptions:
1) Trend line indicator Blue/Yellow colours: It indicates the future direction of the trend, when indicator line turns Yellow the future trend will be Bullish, whereas if indicator line turns Blue the future direction will be Bearish
2) Trend arrows Aqua/Magenta Colour: Every candle is examined and grouped under Bullish, Bearish, and Floating Group of Candles.
The Candles carrying Aqua colour arrows are of the Bullish group candles, and The Candles carrying Blue arrows are of Bearish group, whereas the candle with no arrows are treated as Floating group candle.
The purpose of these arrows is to indicate the strength of the underlying trend. As long as the strength of the trend is intact the arrows appears on the each candle and as the strength of the trend weakens significantly the arrows disappears from the candle alerting the traders that the underlying trend is over and the market is under direction less movement. Hence we group the candles with no arrows in Floating group.
3) The Stoploss Level Line (dotted line Red colour): When the market enters in the Direction less movement (Floating) the price will break Trend line indicator Blue/Yellow colours or keep floating around it.
During this condition Red Colour Dotted line appears as stoploss level to indicate how much floating is allowed for underlying trend. The underlying trend may bounce back from the stoploss line or break the stoploss line and direction reversal may take.
Trading Rules:
1) When the future trend is Bullish an Aqua colour arrow on the top of the candle and Yellow colour trend line below the candle appears, it is an entry point for the Buy (Long) position. Traders should initiate the Long trade immediately.---- BUY (LONG)
2) The Buy(LONG) position should be held till the price breaches the Yellow colour trend line and Stoploss line or the candle with no arrow is spotted. Half of the position held should be squared off at this level----SQUARE OFF HALF OF BUY (LONG) POSITION.
3) The balance position should be held till the Yellow colour line turns into Blue colour or Magenta colour arrow is spotted at the lower end of the candle, this condition is trend reversal.SQUARE OFF BALANCE BUY (LONG) POSITION & INITIATE SELL (SHORT) POSITION.
4) Similarly hold the short (sell) position till price breaches the Blue colour trend line and Stoploss line or the candle with no arrow is spotted. Half of the position held should be squared off at this level SQUARE OFF HALF OF SELL (SHORT) POSITION.
5) The balance position should be held till the Blue line turns into Yellow or Aqua colour arrow is spotted at the top of the candle, this condition is again trend reversal. SQUARE OFF BALANCE SELL (SHORT) POSITION & INITIATE BUY (LONG) POSITION.
The back tested results are 90-95 percent profitable trades with large profits and 5-10 percent loss trades with marginal loses/cost-to-cost traders.
Forex signal service plays an important role in forex trading. This type of forex system provides an updated information on currencies, prices and fluctuations on the forex market.
Being an information provider, it certainly helps the traders to minimize risks as well as losses if this is properly used.Since the information came from a specialist, you can be sure that it is accurate and you can make decisions without any risk at all.
Most forex traders recommend the use of forex signal service, a forex system software because it is not possible for a trader to monitor the market 24/7. In addition, traders must fully understand the basics of forex trading and learn the logic of using such signal service.
Some information provided by professionals can cost you a lot but on the other hand you can also find information that is free of charge. There are some forex signal service that provides free services but you have to understand how the signal works that you have access and you should have the knowledge on how the market works.
This will be the basis of how you can arrive at a good or bad decision. Forex analyst or professionals are not involved in this automated forex system because it is fully automated so all the data from the market are all accurate.
On the other hand, the fee based subscription is more professionals and they provide signals and commendations based on expert views. The data from the market is being evaluated before sending the signals to the forex traders.
There are some aspects which are responsible on the movement of currency in the market. This forex signal service, points out the buying and selling of foreign currencies in the world market. Since this forex system is fully automated, many technical indicators are used in calculating the type of signals to be generated.
Hence, its advanced technology and advanced signal trading systems works together to continuously monitor the activities of currency trading all over the world. Its state of the art technology also enables the traders to do currency trading 24/7.
The use of automated machines lessens the work of a trader and they are assured of accurate data in comparing prices and values from different countries at the same time. This software gives you comparison of complicated charts made from the past and gives you an updated one.
You can select your signal provider by analyzing its activities in the past and the exact information given by them. You may also ask from someone's opinions what provider they can recommend. People who can give you the best options are usually traders that have enough experience on forex trading.
But there are also providers that give information to people who has less experience. If you belong to the 2nd category, you must have some knowledge on the basics of forex trading, otherwise you will not able to use the information given to you by the specialist.
You should also consider the validity of time when the information is provided to be used. Sometimes it is valid for a very short time maybe 24 hours but if you want to be successful and to make the correct decisions you must read all the tips that are given. All information can also be sent through email or on your phone and with this data, you can make the right decision at the right time.
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