The TradersPro system works best when using signals found for stocks within the system scans. It also works best in trending markets vs consolidating ones. Stocks or ETFs at market tops and bottoms can often produce a whipsaw effect generating false signals.
For best results, we suggest trading individual stocks that have a rank above 80 and have moved from a hold to a buy signal. This should be done when market conditions are mildly bullish or bullish within a bull market as indicated by Direction Alerts signals. Traders using the system in this way will be able to optimize the trend following methodology.
For shorter term reversal type trades, we offer the reversal plug-in. This looks for stocks that are extreme ranges and will trigger buy or sell signals at these extreme points. The reversal pattern strategy is better for consolidating or correcting markets. It also works will in uptrends to get into trend earlier than then trend following method.