If you’ve been familiarizing yourself with the Swing Trader Edge charts, you know that the "Signal Score" is a compound technical signal strength indicator that ranges from 0 to 5. Under the hood it uses several common technical indicators that have been combined and optimized to provide meaningful information regarding longer term trends. When a chart is in a downtrend, it takes a “new” signal of 5 to indicate a new major uptrend is underway. But how do we get early insight as to when this new “5” signal is approaching for a new major trend?
This is where the AI Predictive Signal comes in.
The AI Predictive Score is a more sensitive, slightly shorter-term indicator than the Signal Strength indicator. This score is derived in two stages. First by using a predictive model to forecast the future Volume and Price (High, Low, Open, Close) for the next three trading days. Secondly, it applies the same combination of technical indicators used in the Signal Strength indicator but using a slightly shorter time period for the underlying technical indicators. You can think of the Signal Strength Indicator as the longer-term trend indicator and the AI Predictive score as a probabilistic medium-term indicator.
As an example, review the chart for APTV. We can see that the chart shows a negative trend that is improving. The Signal Score is a 4, but that score has not yet reached a new 5 to indicate a reversal to an uptrend. However, the AI-Predictive Score (which is slightly shorter-term indicator) shows a "5" indicating that a new Signal Score of 5 should be triggered in the next few days.
No system can predict the future, but these indicators help provide a view into the current trajectory based on both the historical and the recent price action and volume.
New features!
Sector Stocks Drill-down: Now on the Sectors page you'll see a link at the bottom of each chart, "Show charts for top 10 holdings" . Click on this link will show the charts for the individual stocks that constitute the top 10 holdings for that Sector ETF.
Sector Trend Reversal Email Alerts: At the bottom the Sectors page you'll see a checkbox that will allow you to subscribe to a weekly email that will alert you to new directional changes in the sectors. This same trend-reversal alert feature will be available for your own portfolios in an upcoming release.
If you find this information a useful addition to your investment research toolbox, please share https://www.swingtraderedge.ai/ with a friend.
Comentários