How to fork with vfxAlert stock signals

 Trade with vfxAlert stock signals!

There is always something happening in the trading world. Traders invent new strategies, and the programmers offer the new soft for traders. However, the newcomer should be prudent and not buy himself on the promises of easy profit. Before using a certain application or the forex signal, the trader should check the reviews about the broker or software. On the internet, there are many suppliers who offer to buy the stock signals, but the quality of these signals is far from perfect.  

The good news is that now the traders don't need to waste their time checking the reviews and searching for reputable signal suppliers. Now they can work with vfxAlert. This software was developed to simplify the work of traders concerning data analysis. vfxAlert has various analytical instruments that collect and analyze the information from the stock signals. Let’s see how this application works.   

Structure of vfxAlert signal

1. Asset — currency pair you work with.  
2. Price — price when a signal emerges. For adaptive algorithm is the open price of the current candle.   
3. Time — the time when a signal emerges. For adaptive algorithms the time since the last update.
4. Expiration — the time of the signal’s expiration. 
5. Power — number of profitable options in the past with the current combination of indicators. 
6. Signal — CALL or PUT options.
7. Algorithm — algorithm of signal generation.
8. Heatmap — Statistical winning percentage calculated for the values of the technical indicator on different timeframes.

The signals are formed basing on three types of algorithms: trending, reversal, and adaptive. The algorithm is the sequence of actions that the stock signals submit. 

 

What are heatmaps and signal power? 

There are two ways for working with the vfxAlert — Free account and Pro account. On the free account, the trader works with a signal without payment. Free account suits for training the trading skills and to elaborate on the trading strategy. Here you can subscribe to free account and get acquainted with vfxAlert.

On the Pro account, the trader receives additional analytical instruments such as trend indicators, online charts, economic calendar, signals statistic, signal power, and heatmaps. 

Power and Heatmaps — it is statistical information about successful stock signals. The program uses compelled signals from the database. For the analysis of heatmaps, it is sufficient to calculate the values of the nearest periods relative to the signal's expiration time. For an expiration time of 1 minute — analyze the values on M1 M5 — necessarily, M15 — desirable. M30, H1, H4 — can be ignored. For expiration time 5 — analyze M5, M15, M30 — necessarily, M1, H1, H4 — can be ignored, and so on. Watching the changes in the heatmap during the day allows us to calculate the most profitable signals. 

Learn more about the work of heatmaps here. 

Is vfxAlert worth it?

Of, course, YES. But remember, the key to successful trading is the working strategy and knowledge. In trading, it is always a positive thing to have your own view, and not to rely blindly on the tips of someone else. Use the stock signals as part of your own trading strategy and choose a trustworthy broker. Remember, your success is in your hand. 

Download vfxAlert