Algorithmic Buy / Sell Signals

The Algorithmic Buy / Sell Signals (ALGOs for short) are a system for identifying trading opportunities on the charts. The BIG advantage of what sets these signals apart from any others is that they use Wyckoff concepts in analyzing waves, volume, delta volume, effort / result, etc... It allows you to easily scan charts for certain conditions to meet a criteria and then showing a signal that a potential trade setup has occurred.

 

Algorithmic Buy / Sell Signals

•    Three Stooges Signal -  Shows wave supply / demand imbalances

•    Effort / Result Pullback Signal - Shows wave pullbacks that have a lot of effort in volume & not much change in price

•    Springs & UpThrusts Signal - Shows turning points in the market

 

Algorithmic Filters

The Algorithmic Filters allow to fine tune the trading strategy you want to use with the Algorithmic Buy / Sell Signals. You can use the filters to optimize your trading strategy. For example, if you want to find both trend and countertrend trades that make sense, you would use the Smart filter. If you want to find only trending trades, use the Trend Following filter. If you want to only find high probability countertrend trades, use the Countertrend filter. Technical details below.

 

Algorithmic Filters

•    Smart - Filter out signals that are countertrend (to EMA 200) during a strong trend (ADX > 25)

•    Trend Following - Filter out signals based on the underlying trend only (EMA 200)

•    Countertrend - Only show signals that are countertrend (to EMA 200) when the trend has become weak (ADX < 25)