Successful intraday trading techniques for Beginners. Price Action with Volume Indicator.
ALTS System is India's most high accurate best automatic live Buy Sell Signal Software for Intraday, Swing 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 your day trading techniques according to the Price Action concept. Meet all your trading tools under ALTS System.
ALTS System provides fully backtested, qualified Auto Buy Sell Signals with entry-exit and target stop-loss, specially designed for Intraday, Swing & Positional purpose. High accurate mechanical functionality, universal leading indicators for understanding the stock price movements. Read More
Price Action is one of the most popular Golden Method when it comes to stock market trading. ALTS System mainly follows the Price Action concept while it comes to various type of trading techniques like entry-exit, target, risk-reward ratio, volume pressure, pivot point, swing high-low, demand-supply etc. Read More
ALTS System provides sound alert and automatic scanning facility with 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. This is the most powerful and effective function for intraday stocks screening.
There are a number of risks that come with share trading! The reason many traders lose money in market isn't simply inexperienced in Entry-Exit - it's poor risk management. Our techniques control your risk with a stop loss that's mean best Risk & Reward ratio to measure the expected gains of a given investment against the risk. Always remember that don't risk more than you can afford to lose and think 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 & Lower Low Concept etc.
Multi trend following techniques 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 for Intraday and Positional basis. The whole concepts are 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, ALTS System provides you strong 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 different types of candlestick 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 etc 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.
Multi-threaded advanced technical analysis module & respected charting software for Amibroker® platform. Our trading strategy is stuffed with highly successful mathematical & technical formulas integrated with advanced real-time scanner, 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 15000 traders all over India. If you want a solution that provides best day trading software and one that does not sacrifice reliability, versatility and affordability in the process, ALTS System is a perfect choice. Just very simple - Trade Smarter, not Harder.
Two different types of trading strategies and their uses & benefits.
* Both 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 price to make predictions about the future.
* The Price Action traders always say Price Action Trading is better because it doesn’t lag behind the markets action, whereas the indicator traders state that trading with indicators is simpler than trading with Price Action, because you only have to lean what the indicator is showing you in order to use it, you don’t have to learn about lots of additional things like candlestick 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 has knowledge 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.
* Now the main difference with indicator traders is they make all of their decisions on things which 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 highly accurate trading strategy as compared to Indicator. Both are suitable for Intraday & Positional time frame. It is mainly depended on traders choice.
* Price Action is mainly based on automatic trend line pattern, support - resistance triangular breakout, candlesticks pattern, volume analysis and many other technical logic 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 only 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 optimize result but trading indicator considers only few suitable time frame for the best output.
* Price Action trading follows different types of break-out pattern like Descending Triangle chart pattern, Ascending Triangle chart pattern, Symmetrical Triangle chart pattern, Open-Range Break-Out pattern and Trend lines extension etc but Trading indicator has nothing any pattern like these.
* In presenting Price Action method, the amazing features of volume pressures that define entry and exit at the reverse swing point, In another way indicator depends on Average price movement of specific time period.
* Price Action trading gives you a clear view to analyze the market sentiment, as compared to trading indicators.
* Price Action method has a core level filtration which avoids any false break-out by volume analysis techniques in contrast to Trading indicator doesn't have this filter process.
* Some traders can see indicators as making charts messy and cluttered versus just price action. The truth is you can use too many indicators and confuse yourself with conflicting signals.
* Both Price Action and Technical Indicators can be quantified and back-tested and used as trading signals. So whichever one you can use, both trading Price Action or technical indicators are usually much better strategies than trading based off your own or other’s opinions or predictions. Nowadays Price Action Trading is trendier than only Indicators.