Investigate and Anticipate Stock Market Events with The Help of Software Utility Designed to Work as An Overbought / Oversold Screener
VistaTrades is a piece of software that was designed with one major purpose in mind, namely to help you monitor the stock market by relying on an overbought/oversold screener, with three indicators being included in the equation: RSI, PercentR, and Stochastic. Depending on how tolerant you are of risk, the tool helps you delve into both intraday and day trading strategies.
The program’s approach is to provide you with a list of potential stocks, ETFs, as well as mutual funds, all by means of the aforementioned screener that runs once the market has closed for the day. Regarding potential sells, it is worth mentioning that the application can handle them as well, except that only data for the current day can be processed.
Aside from that, a component called “Index Monitoring” allows you to keep an eye on three major indexes in order to be up to date with the TVIs. The said sources are the Russell 1000 Index, the S&P 500, and last but not least, the Nasdaq Composite.
What’s more, the software utility is capable of calculating how many times a buy signal has turned into a sell signal, thus translating to profits. Note that the percentage is offered for the entire stored history, with the employed concept bearing the “Roll Score” moniker.
We at AppsForMyPC have tested and used VistaTrades and it worked pretty smoothly 🙂 🙂