Trendsignal - End of Day

This version of Trendsignal is designed for the end-of-day and longer term position trader, requiring less time-commitment with analysis carried daily or less. End of trading allows traders to identify and trade the large trends in the market without intraday noise.

The End of Day software is the same as the Realtime, but with the ability to view and trading from daily, weekly and monthly charts. The End of Day data is downloaded "On Demand" and can be used to analyse FX, Shares, Indices, Commodites and all other financial markets. This provides longer term traders with a great tool for holding position trades for a number of days. It is also a powerful technical analysis product to help time investments and hedging.

Trade example using a Daily chart.
In this example, the chart is a UK equity, but could equally be any instrument - The same rules and logic applies.

• 1. At the start, the price is positioned at the top of the price channel.
• 2. A short position is signalled with the Sniper Circle which is initiated when the Vector Average turns red.
• 3. Following the initiation of short trade, over the following 23 bars (23 days), the trend continues down. During the rotation lower the price dropped out of the bottom of the envelope (extreme bearishness).
• 4. Profits are taken when the Green Sniper Circle is triggered.