A trade signal is an analysis-generated cue to take action, such as buying or selling a security or other asset. It is possible for that analysis to be generated by a human utilizing technical indications or by computer algorithms based on market activity, possibly in conjunction with other market aspects like economic indicators.
KEY LESSONS
Depending on a predetermined set of parameters, trading signals act as triggers to buy or sell a security.
Additionally, they can be utilized to restructure a portfolio, change sector allocations, or take new positions.
Trading signals can be generated by traders using a range of criteria, from straightforward ones like earnings announcements and volume spikes to more intricate signals that are developed utilizing existing signals.
Features
- 1000 tickers in free version