Product / Breadth Beacons

Breadth Beacons are developed to compactly display the values of Breadth indicators in AmpleSight Trader software. The Beacons color rendering is one of the ways of market visualization and allows the quickest possible analysis of market information. The compact representation of market data allows displaying moving directions of multiple indicators and frees space for charting and other currently used tools.

The Breadth Beacons display the current values of certain market breadth indicators. An indicator is presented as an image, colored according to the indicator value. Each of the indicators is uniquely associated with and identified by a specific image. A saturated color is used to depict extreme values of breadth indicators. For example, the bright green color shows an overbought market and the bright red color informs a trader about an oversold market or a particular market segment. The greater is the difference between the current value of an index and the extreme value, the less intensive is the color of a beacon.

The Breadth Beacons are indispensable to intermarket analysis. In Intermarket analysis it is important to determine the mood of market players. An entire set of indicators allows doing that effectively and without much effort. For example, you can use the Beacons of such indicators, as Advanced/Decliners, Breadth Indicators, Oscillators. The beacons are colorful and easy-to-perceive. When the market players are optimistic, the quotes grow and the number of upward stocks goes up, the Beacon turns green or even bright green. When the quotes fall down as the investors' mood becomes pessimistic, the number of the downward stocks increases and the Beacon turns red. All this allows you to subconsciously monitor the changes in the investors mood and react to them in proper time.