Stock Trader Pro (ms) app for iPhone and iPad
Developer: missingSTEP
First release : 23 Jul 2011
App size: 7.71 Mb
#1 App for Day & Swing Traders
Stock Trader provides real-time trading signals for selected S&P500 stocks based on a complex mathematical model.
-----------------------------------------------
FEATURES
-----------------------------------------------
- Real-time trading signals
- Streaming real-time quotes
- Real-time P/L calculation
- Real-time charts with customizable technical indicators
- Auto drawn Fibonacci Retracement lines
- Fibonacci indicator
- Macroeconomic news
- Market direction forecast
- Futures and market indices
- Watchlist that auto syncs with other devices
- Discussion pages
- Price alerts
-----------------------------------------------
HOW DOES IT WORK?
-----------------------------------------------
Volatility of a stock is composed of firm-specific risk, plus market risk. In equity markets, the market risk or the systematic risk dominates short term trading patterns of most equities. EMI Ltd has developed a trading strategy to exploit this characteristic. Also described as “mean reversion”, this strategy examines historical data of selected S&P500 stocks and constructs correlation/dispersion and volatility maps. The model continuously checks real-time prices and compares them to these maps by using various algorithms. If the price of a stock falls below its character map, it generates a buy signal. If on the other hand the price goes above its character map, the tool generates a sell signal. As these anomalies occur, short term (typically 5-7 days) trading and significant profit opportunities arise.
-----------------------------------------------
WHO CAN USE STOCK TRADER?
-----------------------------------------------
Since Stock Trader identifies short-term investment opportunities and price patterns, this tool is ideal for investors who check their portfolios at minimum on a daily basis and frequent traders with holding periods ranging from 3 to 7 days. However, investors with much longer holding periods (up to 2-3 months) and even day-traders following intraday swings and/or momentum can easily use Stock Trader to discover profitable ideas.
Latest reviews of Stock Trader Pro (ms) app for iPhone and iPad
The but signal alerts for oct 14,2011 No way agrees to last trade. It says last trade dollar value greater than signal price and percentage also plus ; but if you look at the chart itself the stock never traded or reached the "the last trade" price Wasted $19.99
This app gives wrong arbitrage signals. Regularly tells you to buy when you should be selling because a stock price has clearly topped. Even tells you to buy into indexes such S&P when the index is about to go into a major 10% correction. Does not explain calculation method either. I wasted my money on the missing step app collection.
I have been using this app for about 3-4 months and there are times when I thought some of my stocks should be bought when it says strong sell which saved my behind. Keep in mind that there is no crystal ball with any of the stock picking software but it comes pretty darn close and probably the best one! Also, software support was fantastic and responsive within hours.
Excellent app!!!
Is there a way to put signals on the Created Watchlist which are not originally came your Lists.