Product / Indicator Strips

Indicator Strip is a very opportune tool for working with TA indicators. Traditionally, TA indicators are presented as graphs. However, in the real time mode this kind of presentation has a number of disadvantages. Firstly, there are quite a lot of TA indicators and they can be of different value ranges. Each of the indicators has its own key values which denote a change in a tendency. But why does a trader have to process all this information if the buy or sell signal of an indicator is all he needs for making a decision? Secondly, in the real time mode, it is the value of an indicator during the last several bars that is mainly used, and, correspondingly, why should the trader stuff his head with whatever the graph of the indicator contains for the whole of the time period?

The AmpleSight development team offers a revolutionary solution for the convenient use of graphically presented indicators in the real time mode - Indicator Strip.

Indicator Strip is a strip that consists of five squares and calls your attention to what is happening to an indicator on the last five bars. This means that when the value of an indicator approaches the key mark, the corresponding square on the Indicator Strip is colored intensively according to the direction of movement. For example, for the RSI indicator's values close to 30 green coloring can be set, whilst for those, close to 70, red coloring can be defined. This allows you to notice, effortlessly and without wasting time on charts, that RSI is signaling a possible change in the current tendency. The green color of the squares on the Indicator Strip for RSI will mean that the stock will rise, whereas the red color of the Strip will mean that the stock will fall.

Indicator Strip will become your indispensable aid to making decisions in the stressful day trading that requires a lot of concentration.