We are proud to introduce for 2008 our Automated Charting System. For those persons using the Quotetracker platform our manual now contains a CD with our automated chart setups.
CHART SYMBOLS:- Our automated charts give you the information you need to instantaneously decide whether to enter the trade, the direction of the trade, and the relative risk of the trade. Check the chart to the right. Note the circled arrows on the chart. These symbols appear on your chart in REAL TIME allerting you to potential trades. What do the symbols mean? An up arrow indicates a long trade, a down arrow a short trade. The color of the arrow will tell you the exact entry point. The diamond under the arrow will appear when the entry point has been reached. Finally the colored box appearng before the arrows tells you the relative risk of the trade. Green and blue boxes mean relatively safe trades. A yellow box indicates a riskier trader. Again these symbols appear in real time giving you plenty of opportunity to decide whether to enter the trade.
POP UP ALERTS:- In addition, a pop up alert is now included which tells you your exact entry point for each trade opportunity and the direction of the trade.
DECISION TREE:- Finally, simply finding trade opportunities does not insure the trade will be successful. As we put forth in our manual there are a whole host of other variables we consider before "pulling the trigger" on a trade. With our automated charts, we have created a color coded decision tree to help us decide whether to enter the trade. These various charts are also programmed with formulas which cause them to be either green or red at any given time. When the decision tree is all red, market and stock conditions are good for short trades. When the tree is all green, we look for long trades. The decision tree greatly simplifies our decision making process.
SEE THE COMPONENTS OF OUR SYSTEM AND A LIVE TRADE
To the right you see actual pop up windows and our decision tree and other parts of our trading platform. Wait until you see a pop up window, check the decision tree and decide whether to enter the trade. Our manual gives you complete step by step instructions on how to read and interpret the charts. Below you see a video of an actual trade. Also, note the additional pop up windows that appear during the trade. These are all additional trade opportunities that you could pursue for additional profits.
THE NEW POP UP WINDOWS
Here you see an example of the new pop up windows. Note how the window tells you the direction of the trade - in this case a long trade - the entry point - in this case 36.05, and how much you can "chase" the trade. The pop up window gives you everything you need to know to determine how to enter the trade if you elect to do so. To the right see the pop up window in action during a live trade
