█ MarketPulse v1.0
Market Pulse is a first of its kind automated signals system watchlist with Apollo Algo in real-time.
As you can see there is three separate instances active, allowing you to monitor stocks, crypto, futures and forex simultaneously.
The three columns are color coded to represent different signals.
If you scroll over them you will see the legend pop up explaining each representation.
We tried to correlate the color schemes to typical psychological references of positive and negative.
This allows for faster market sentiment and technical analysis with a simple glance.
Here is an example of the Apollo Algo signals that will correlate on the table:
█ STANDARD DEVIATIONS
A standard deviation (or σ) is a measure of how dispersed the data is in relation to the mean. Low standard deviation means data are clustered around the mean, and high standard deviation indicates data are more spread out.
The Empirical Rule states that 99.7% of data observed following a normal distribution lies within 3 standard deviations of the mean. Under this rule, 68% of the data falls within one standard deviation, 95% percent within two standard deviations, and 99.7% within three standard deviations from the mean.
In laymans terms; standard deviations measure volatility, how spread out the data is from the average linear regression line. They expand and contract based on price action.
Its a form of Mean reversion, whenever something is considered overbought or oversold; it is several STD away from the average mean price in a given timeframe and everything tends to eventually revert to the zero line.
█ SUGGESTIONS
█ IN CONCLUSION
Market Pulse is a first of its kind automated signals system watchlist with Apollo Algo in real-time.
- This watchlist table drawn on the chart is similar to your watchlist on the side bar but with significant differences.
- A normal watchlist only presents data in relation to change of price.
- It gives you the ability to monitor up to 20 tickers simultaneously per instance open.
- This enables you to keep your finger on the Pulse of all Markets in real time.
- MarketPulse is customized to show multiple different types of data in relation to specific indicators and Apollo Algo.
As you can see there is three separate instances active, allowing you to monitor stocks, crypto, futures and forex simultaneously.
The three columns are color coded to represent different signals.
If you scroll over them you will see the legend pop up explaining each representation.
We tried to correlate the color schemes to typical psychological references of positive and negative.
This allows for faster market sentiment and technical analysis with a simple glance.
Here is an example of the Apollo Algo signals that will correlate on the table:
█ STANDARD DEVIATIONS
A standard deviation (or σ) is a measure of how dispersed the data is in relation to the mean. Low standard deviation means data are clustered around the mean, and high standard deviation indicates data are more spread out.
The Empirical Rule states that 99.7% of data observed following a normal distribution lies within 3 standard deviations of the mean. Under this rule, 68% of the data falls within one standard deviation, 95% percent within two standard deviations, and 99.7% within three standard deviations from the mean.
In laymans terms; standard deviations measure volatility, how spread out the data is from the average linear regression line. They expand and contract based on price action.
Its a form of Mean reversion, whenever something is considered overbought or oversold; it is several STD away from the average mean price in a given timeframe and everything tends to eventually revert to the zero line.
█ SUGGESTIONS
- Its suggested to keep them open in a separate window than your main barchart so it doesnt have to reload when switching timeframes.
- Understand the fundamentals of the different signals along with what Standard Deviations are and how they work.
- Pay attention to tickers 2-3 Standard Deviations away from the zero line.
- Anything less than that is consider to be in "chop territory".
- Look for volatility on the watchlist because volatility equals profit potential.
- It should also be noted that whenever a stock finishes the day 2-3 STD away from linear regression line, that is abnormal per The Empirical Rule.
- I tend to make note of those tickers because they could potentially experience volatility the following day.
█ IN CONCLUSION
- MarketPulse provides many advantages and potential competitive edges in the market.
- However what stands out the most is the ability to find potential trades faster.
- This will save you time which will net more return from better entries.
Release Notes:
- Added Standard Deviation Channel lines to the chart
Trade with Confidence.