| IN
DEPTH SOFTWARE FEATURES |
A
Simple and Completely Configurable Display Environment.
Although TradeGuider harnesses a huge amount of analysis power,
the program is easily controlled via a set of toolbars. The toolbars
can be placed anywhere around the perimeter of the screen and can
be switched on or off according to the user’s individual requirements.
All vital functions can be accessed via a single ‘click’
of the mouse.
A
Refreshingly Clean Presentation that is Easy on the Eye
TradeGuider’s charts are a pleasure to work with, displaying
intuitive bar coloring to show trend direction. The supply and demand
indicators are colored green or red (green for strength and red
for weakness).

Monitor
Multiple Markets and Multiple Timeframes
TradeGuider is able to monitor several markets simultaneously, and
is equally adept at monitoring multiple timeframes, catching key
moves as they happen.

Change
Timeframes ‘On the Fly’
Timeframes can be changed ‘on the fly’. Just point and
click, and TradeGuider will instantly perform a new analysis. And
if you prefer your 1 minute chart to be ‘locked’ as
a 2 minute chart, just click the padlock button and TradeGuider
will remember your preference for later.

The
Info Bar
All critical information is displayed on-screen. The Info Bar feature
shows the Symbol Name, Date/Time, OHLCV Data, Live Price and Stop
Levels so that they are immediately accessible, all the time.

The
Status Bar
The Status Bar shows information fed back from TradeGuider’s
Expert System.
Here we can see that the software has identified a ‘Trap Up-move’,
which is a frequent and dangerous tactic that market-makers love
to pull on the unwary trader!
The information is immediately shown on the Status Bar, as “Low
volume up-thrust. Possible trap up-move”.
Fibonacci
retracements.
Here is an example of the Pivot Point feature, showing key support
and resistance levels, and how the supply/demand indicators
can be used to confirm the levels.
The screenshot below shows how effective the indicators are
around Fibonacci price levels.
Support
and Resistance within a Trading Channel
Trading Channels often manifest support/resistance levels around
the top and bottom quarters of the channel. The screenshot below
shows TradeGuider displaying these points and the way that supply/demand
indicators coincide with the channel boundaries.

See
the Intensity of Professional Activity in Visual Form
TradeGuider is armed with nearly 400 supply and demand indicators,
which makes it an effective, ultra-sophisticated guidance tool.
TradeGuider can even show you the anticipated intensity of professional
activity and where it happens on your chart.
The
meaning of the symbols is detailed below:
Red/Green
Rectangles
Rectangles represent strong weakness (red) or strength (green)
respectively. When TradeGuider displays a red or green rectangle,
there is a good chance that the current price move will stop
and reverse. If this does not happen, the market will usually
stop trending and move sideways for a while. Sometimes rectangles
are seen during a trending market as the professionals are either
buying into or selling into the market (i.e. Accumulating or
distributing). Referring to the chart at the bottom of the previous
page, see how the professionals sell the market at the top left
of the chart, which causes prices to fall (note the red rectangle
amongst the other signs of weakness)? At the bottom of the downtrend,
note the three green rectangles denoting heavy buying at this
price level. The market rises on this strength and is then countermanded
by a red rectangle, which causes a resumption in the downtrend.
Red/Green
Triangles
Triangles denote an intermediate chance of a correction (down-move)
or reaction (up-move) in the market. When more than one of these
symbols occur in close proximity to one another, especially
if a rectangle is in the near background (last 10 bars), this
adds extra strength or weakness to the situation.
Note: A series of strength (or weakness) symbols that appear
together, indicate an accumulation of strength or weakness.
In the example at the bottom of the previous page, this principle
is demonstrated by four signs of weakness (top left), which
results in a large fall in price.
Pale
Colored Red/Green Triangles & Small Rectangles
These symbols all denote subtle changes in supply and demand factors.
More than likely, there will not be an immediate move in the market
when these symbols are shown. We debated whether to show our clients
these subtle changes, but eventually decided that there was some
value in giving this information, as in our opinion, it is always
better to be fully informed. Note the subtle signs of weakness in
the chart at the bottom of the previous page (left of center) –
the market falls off soon after. There are more subtle signs of
weakness right of center and this time the market drops immediately.
Finally, there are two more subtle signs of weakness that appear
before the red rectangle at the right of the chart: These should
act as warnings, especially, when followed by a red rectangle as
in the example above.
|