Signals are based on our proprietary indicator of price trend. It combines technical indicators into a more useful, actionable format. TradersPro is a trading system used to implement the concepts of trend following.
TradersPro is a systematic trading application that searches for qualified, high-ranking stocks, gives traders specific trade entry and exit signals, and provides traders with insight and strategy to confidently trade stocks, ETFs and Forex profitably.
It has been proven that traders gain a much higher probability of having successful, profitable trades when trading in the same direction of the market, and when using a fixed set of rules. Trend following is a reactive trading method. It does not anticipate a move before it happens. It does not forecast or predict future price levels or price movements. It involves a risk management system that uses the current market-driven price direction.
Trend trading requires that you have strict discipline to follow precise rules. Trend followers use an initial risk rule that determines the size of their position at the time of entry. This means you know exactly how many shares of stock to buy or sell based on how much money you have. Changes in price may lead to an increase or decrease of your initial trade.
Adverse price movements may lead to an exit for your entire trade. This can take place in a week or in a year, depending on the strength of the trend. Our signals are not derived by the MACD indicator. Our propriety algorithm takes into account aspects of various trends and time frames. Users of the MACD indicator will find that TradersPro signals are more reliable and easier to use than a MACD indicator. TradersPro Signals are generated by a propriety indicator that is derived purely by the Open, high, low and close of the stock.