This is a chart of SPY with DecisionBar Trading Software applied with the default settings. Signals show the likely direction of the market based on current market patterns.
Signal are confirmed by the colored Bias Bar at the bottom of the chart. Green colors indicate a positive bias, red colors indicate a negative bias. Gray is neutral.
Trailing Stops (Shown by the red dots below the market on the right of the screen) are based on Volatility (Average True Range) and tighten automatically when a per-determined profit threshold is reached. The stops "Dynamic" setting will tighten the stops quicker if volatility decreases.