Best Technical Analysis Software for Stock Market Trading in Nse, Mcx and Forex.
ALTS System is India's best high-accurate automatic live Buy Sell Signal Software for scalping, swing, intraday and positional trading. Get stocks market Technical Analysis chart for live NSE Nifty, Bank Nifty, MCX Commodities and Forex Currencies trading. The most effective features of the ALTS System bring changes to your trading techniques according to the Price Action concept. Meet all your needs under one software.
ALTS System provides fully backtested, qualified Automatic Buy Sell Signal software with entry-exit and target stop-loss, specially designed for Intraday, Swing and Positional purposes. High-accurate mechanical functionality charts and universal leading indicators for understanding the stock price movements within an average time frame. Read More
Price Action is one of the most popular and 'Golden methods' when it comes to stock market trading. ALTS System mainly follows the Price Action concepts & chart patterns. It follows different types of trading techniques like entry-exit, target & stop-loss, risk-reward ratio, volume measurement, pivot point, swing high-low, demand-supply, etc. Read More
ALTS System provides sound alert and automatic scanning facility with an Intraday Buy Sell indicator for the best entry and exit opportunities in real-time trade. Traders can save valuable time and money by using the Scanner & Exploration tools. ALTS System is the most effective and powerful function for intraday stock screening.
There are several number of risks that come with share trading! One of the main reasons many traders lose their money in the stock market is because they don't have proper knowledge in Entry and Exit. It's called a poor risk management. Our techniques control your risk with a perfect stop-loss. That means the best Risk and Reward ratio to measure the expected gains of a given investment against the market. Always remember that don't risk more than you can afford to lose & think of realistic profit expectations to secure profits.
ALTS System plots different types of trading signals like Morning Breakout or Open Range Breakout, Triangular Breakout, Dynamic Support Resistance, Top Bottom Swing, Volume bars, Super Trend Indicator, Fibonacci Pivot, Trend Line extension, Higher High and Lower Low Concept, etc.
The multi-trend-following technique helps you to find a better way to analyse the market trend very smoothly. Highly performed Trend Analysis techniques are used to predict the stock market sentiment on an Intraday and Positional basis. The whole concept is based on Price Action trading.
A sideways or range-bound market is a difficult environment to make a profit for day traders. In this situation, the ALTS System provides you perfect decision to ignore the false breakout or fake signals by filtering many facts like volume pressure, multiple time frame strength, Momentum Oscillator, cloud indicator, dynamic support resistance and candlesticks chart patterns.
Traders can apply this strategy on different markets like equities, futures and options derivatives such as NSE Nifty 50 stocks, Bank Nifty, Tata, Maruti, Reliance, SBI, PNB, HDFC and as well as MCX Commodities base metal, energy like Gold, Silver, Copper, Crude Oil, Zinc, Lead, Nickel, Natural Gas, Aluminum, Mentha Oil and FOREX, currencies, SX USDINR, JPYINR, GBPINR, EUROINR & NCDEX Agriculture, etc.
The Amibroker® platform is a multi-threaded advanced technical analysis module and respected charting software for beginners & professional traders. Our trading strategy is stuffed with highly successful mathematical & technical formulas integrated with advanced real-time scanners, sound alert, auto exploration, candlestick patterns, considering multiple time frame strength, inserting major technical indicators & AFL formulas, etc.
AutoLiveTrade's award-winning products offer competitive pricing, support that gives new meaning to 'customer service', access to comprehensive trading strategy resources and advanced charting and technical analysis tools that connect to 17000 traders all over India. If you want a solution that delivers optimal results without compromising reliability, versatility, and affordability, the ALTS System is the perfect choice. Simply trade smarter, not harder.
Two different types of trading strategies and their uses & benefits.
* Price Action traders and indicator traders will make all of their trading decisions using a price chart, and they will both determine which direction the market is likely to move in using just the market price. The big difference between the two is in the way they both analyze the data to make predictions.
* Price Action traders always say Price Action Trading is better because it doesn’t lag behind the market's action, whereas Indicator traders state that trading with indicators is simpler than trading with price action because you only have to learn what the indicator is showing you in order to use it, you don’t have to learn about lots of additional things like candlestick chart patterns, support and resistance levels, trend lines, etc.
* Price Action traders will typically tend to analyze the current market price in relation to the past market price to figure out which direction the market is likely to move in, whereas indicator traders will only analyze the past market price to try to find out where the market is going to move. All indicators are derived from past market prices, which essentially means the indicator traders are trying to predict the future using only the past. Price Action traders do this too but with one very important difference, they are trying to predict the future by combining what happened in the past with what’s happening in the present.
* A typical Price Action Trading Strategy will be one where the Price Action trader will determine a level in the market that’s formed based on the past price history, and then watch the price to see what happens when the market returns to the old level. If the market comes back to the level and produces a Price Action Pattern the trader knows of, he could see that as being a sign the market wants to reverse and move away from the level, in which case he may enter a trade to try to make some profit from the reversal or breakout.
* Now the main difference with indicator traders is they make all of their decisions on things that have happened in the past, they don’t combine the past with the present like Price Action traders do, they just use the past. This is how most Price Action traders trade, they either use the past combined with the present to make their trading decisions or they just base their decisions solely on what’s happening in the present.
* Price Action is a highly accurate trading strategy as compared to Indicator. Both are suitable for Swing, Intraday and Positional time frames. It mainly depends on the trader's choice.
* Price Action is mainly based on automatic trend line patterns, support-resistance triangular breakout, candlesticks patterns, volume analysis and many other technical logics, while indicators work only based on their parameter, average price value of previously plotted data and mathematical formulas.
* Price Action trading setup is based on a manual process, while indicator strategy is based on fully automated mechanical functions by predefined mathematical formulas.
* Price Action supports any time frame to get the optimised result, but the trading indicator considers only a few suitable time frames for the best output.
* Price Action trading follows different types of break-out patterns like Descending Triangle chart patterns, Ascending Triangle chart patterns, Symmetrical Triangle chart patterns, Open-Range Break-Out patterns and Trend line extensions, etc. But the Trading indicator has nothing like these.
* In presenting the Price Action method, amazing features of volume pressures define entry and exit at the reversal swing high and low. In another way, the indicator depends on the Average price movement of a specific time period.
* Price Action trading gives you a clear view to analyze the market sentiment compared to trading indicators.
* The Price Action method includes a core level filtration to prevent false breakouts using volume analysis techniques, while the Trading indicator lacks this filtering process.
* Some traders find that using indicators can make charts appear messy and cluttered, preferring to focus solely on price action. The overuse of indicators can lead to confusion due to conflicting signals.
* Price action and Technical indicators can both be quantified, backtested, and used as trading signals. So whichever one you can use both for technical analysis. Price Action or Technical indicators are usually much better strategies than trading analysis based on your own or other’s opinions. Nowadays Price Action Trading is trendier than only Indicators.