Product / Index Beacons

In AmpleSight Trader Index Beacons provide a novel view on index's behavior - volatility. Every trader knows that as the volatility of a stock increases, the chance of making a profit on this stock increases, too (as well as the risk though). Similarly, when industry indices grow, one should immediately react to the changes in order not to miss a profitable opportunity for opening a position or, more importantly, for adjusting or closing the existing positions.

Most probably, you've come across a situation when a stock or even an entire industry became active or, in other words, more volatile, but you didn't notice this movement in time, thus losing the opportunity to enter the position. The Index Beacons can easily solve this problem. This functionality enables graphic rendering of volatility. When the volatility is low, an Index Beacon is a large sun-shaped object with short, blunt rays. As the volatility grows, the "sun" shrinks and its rays become longer and more pointed. This can be noticed with the peripheral vision even if you aren't looking directly at the Beacons. Therefore, by focusing on the index graphs you will be able to control the situation and notice the growth of the volatility in time.

Index Beacons will give you an edge over those who use charts. In addition, for your convenience the colors can be changed depending on the direction of a stock's or index's movement. If an Index Beacon turns green, the stock or index is moving upward, and if they turn red, the movement is downward. The brighter is the color, the more drastic is the movement. The latter functionality will allow you to not only notice the movement in time, but also to see the direction of this movement.