* Tips before and during your use of the program:
- For newly listed companies in the stock market, the program relies on companies that have traded for more than 60 trading periods so there is a historical basis to use in technical analysis and in extracting results.
- Some usage methods are mentioned below only to teach the trader how to benefit from the program’s data in a simple way.
- You can benefit from the built-in strategies in the program, as they cover most of the methods mentioned below and show each day the positive as well as the negative stocks/currency pairs in a simple way (see Method 1).
- Before using any of the methods or strategies mentioned below, it is recommended to make sure the general market index is positive for stock markets, according to the method below:
To determine the general market index status:
After confirming the program is updated, review the following numeric values and statuses:
- The value of the Arms Index. Try to determine the market’s status for the latest day from its value by reading the tooltip comment that appears when you hover over this column header.
- The upside and downside percentages in the “expected status for the next day” for the general index (the first row of data).
- Positivity in the results of analyzing all technical indicators for the daily, weekly, and monthly timeframes, as well as positivity in the Buy/Sell Zones status and the Last Zone status for the daily, weekly, and monthly timeframes for the general index (the first row of data).
You will accurately infer and understand the expected general market index status from the numeric values and statuses in the previous steps.
If the inferred general market index status is negative or confusing, you should avoid entering. If you are taking a higher risk, place the buy order for the selected stock according to one of the methods below at the expected downside price, preferably at the first support level that is lower than the expected downside price.
If the inferred general market index status is positive, then enter and place the buy order for the selected stock according to one of the methods below at market open—preferably near the first support.
Some methods and strategies to benefit from the program:
There are several methods and strategies to benefit from the program. Below we mention some of them that are intended for the regular trader.
Method 1:
Positive stocks/currency pairs using the program’s strategies:
- Confirm the program is updated via the data update date, and confirm the general market index status is not negative, as explained above.
- Click the “Strategies” button to open the program’s Strategies window.
- Select from the list of positive strategies in the Strategies window.
- Select the desired strategy from the list of positive strategies. When you select any strategy, a short description of the selected strategy appears at the bottom of the window. For the best result, select the first strategy; if no stock/currency pair qualifies, select the next strategy in order; if none qualify, select the next one, and so on. Then click “Run for All” to display the stocks/currency pairs that meet the selected strategy.
- Confirm the qualified stocks/currency pairs are positive by ensuring there is no negativity in the expected status.
- Confirm the qualified stocks/currency pairs are positive by ensuring there is no negativity in the results of analyzing all technical indicators, the “Tomorrow’s Story” indicator, and the Candle Close indicator for the daily, weekly, and monthly timeframes.
- Confirm the qualified stocks/currency pairs are positive by ensuring there is no negativity in the Buy/Sell Zones status and the Last Zone status for the daily, weekly, and monthly timeframes.
- For the best result, confirm the qualified stocks/currency pairs also meet another positive strategy from the program’s strategies.
* You can display negative stocks/currency pairs by selecting from the negative strategies in the Strategies window.
Method 2:
Best rising stocks/currency pairs using the Favorites list in the program:
- Confirm the program is updated via the data update date.
- Confirm the general market index results are positive (see “To determine the general market index status” above).
- Click the “Favorites” button to open the Favorites window in the program.
- Select “Best Up” to display the most qualified positive stocks. If the number of stocks (in parentheses) under this selection is zero, then select “Up Favorites” and click “Apply” to show the list of positive stocks/currency pairs in the program.
- Select from the list those with the highest expected upside percentage (preferably above 85%) and the lowest expected downside percentage (preferably below 30%) in the “expected status for the next day.” Then confirm the selected stocks are positive by ensuring positivity in the results of analyzing all technical indicators for the daily, weekly, and monthly timeframes, as well as positivity in the Buy/Sell Zones status and the Last Zone status for the daily, weekly, and monthly timeframes.
* You can display the best declining currency pairs using “Best Down” and “Down Favorites” in the Favorites window.
Method 3:
Benefiting from the program’s ranking of stocks/currency pairs:
The program ranks stocks/currency pairs after each update so they appear ordered by the positivity, strength, and alignment of their technical indicator results across the daily, weekly, and monthly timeframes. In addition, each stock/currency pair is given an expected upside percentage and an expected downside percentage. The benefit of this ranking is as follows:
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Focus your trading on the top-ranked stocks/currency pairs, which are considered the best technically among all stocks/currency pairs. The number of top candidates depends on market positivity, starting from stock/currency pair number (1).
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Focus your trading on those among the top-ranked stocks/currency pairs that have the highest expected upside percentages. The lower the rank number, the higher the credibility and strength of the expected upside signal.
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Focus on a stock/currency pair whose expected upside percentage noticeably differs from those above it in the program’s ranking.
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Focus on the stock/currency pair before and after the stock/currency pairs that rise by more than 2% during the first trading period, provided they have the same close status and their expected upside percentages are close.
To maximize the benefit from the ranking in the program, follow the steps below:
After confirming the program is updated, choose several stocks/currency pairs from the first five or ten candidates starting from stock/currency pair number (1), then those that follow, such that the numeric values are as follows:
- The expected upside percentage in the “expected status for the next day” is the highest (preferably above 85%).
- The expected downside percentage in the “expected status for the next day” is the lowest (preferably below 30%).
- Also, the upside/downside expectations should be positive in the results of analyzing the technical indicators for the daily, weekly, and monthly timeframes.
- Also, the Buy/Sell Zones status and the Last Zone for the daily, weekly, and monthly timeframes should be positive.
* If there is no value above 85% for expected upside or below 30% for expected downside, you can select from the first five stocks/currency pairs such that the expected upside is the highest and the expected downside is the lowest—while considering each stock/currency pair’s close status and the positivity of the Buy/Sell Zones status and the Last Zone for the daily, weekly, and monthly timeframes, and so on.
Note that these percentages depend on the market condition for stock-market versions of the program. In a very positive inferred market condition, expected upside should be above 85% and expected downside below 30%. These values may decrease/increase depending on the market’s positivity.
For the best results when selecting stocks in Methods 2 and 3, consider the following:
- The upside/downside percentages should be positive in the results of analyzing all technical indicators for the daily, weekly, and monthly timeframes for the selected stock/currency pair.
- There should be no negativity in the Buy/Sell Zones status and the Last Zone status for the daily, weekly, and monthly timeframes.
- The stock/currency pair name color should be darker in the program, indicating the expected price is higher.
- The company should be active (historically high volatility range), or at least belong to an active sector.
- The company should not be new; it should have historical records in the program.
- The company should not have negative or positive news (nor hype nor fear-mongering) up to the start of the trading session.
- You should select more than one stock/currency pair for trading and distribute liquidity among them.
The stocks/currency pairs selected using these two methods are among the best and strongest technically and are qualified for upside across the market. However, they may still not rise the next day. Therefore, you must adhere to a stop-loss price, which may require holding the stock/currency pair for the next period or exiting it.
Method 4:
Best stocks/currency pairs by being positive across all program results after the last daily close:
Follow these steps:
After confirming the program is updated and the general index is positive, try to identify positive stocks/currency pairs (no negativity) across the following program results:
- The expected status.
- The results of analyzing all technical indicators, the “Tomorrow’s Story” indicator, and the Candle Close indicator after the daily close for all timeframes.
- The overall Buy/Sell Zones status and the Last Buy/Sell Zone after the last daily close for all timeframes.
- If multiple stocks/currency pairs exist, choose those with the highest expected upside percentage in the expected status, and also the highest expected upside percentage in the results of analyzing all technical indicators for all timeframes.
* You can display the best currency pairs through negativity across all program results after the last daily close.
Method 5:
Best stocks/currency pairs that have Strong Positive+ in the overall Buy/Sell Zones status for the monthly timeframe after the monthly close:
* This method is mentioned to illustrate one use of the program’s data.
This method helps infer the best monthly stocks/currency pairs that could remain positive throughout the month. Preferably, use it at the beginning of the month rather than at the end. Follow these steps:
After confirming the program is updated:
- Click the “Indicator Analysis Results (by timeframe)” button to display the section for the overall Buy/Sell Zones status after each timeframe close.
- Click the small filter button in the Strength column for the monthly timeframe, and from that column’s filter window, filter for the status “Strong Positive+”.
- From the stocks/currency pairs that appear after filtering, select those that are positive in the expected status and positive in the results of analyzing all technical indicators after the last daily close for all timeframes.
Method 6:
Identifying the best stocks by filtering the values and trends of certain technical indicators:
This method is used only in a positive market path.
* This method is mentioned to illustrate one of the indicator-data strategies in the program under “Technical Indicators Data”.
Follow these steps:
After confirming the program is updated,
- Click the “Technical Indicators Data” button to show the “Technical Indicators Data” section, then move left to the indicator-data area for the technical indicator (Stochastic).
- Click the small filter button for the value column of (Stochastic) or (SO) to open the filter window for this column. Then click “Numeric Filter”. In the numeric filter window, choose the operator (Greater than), set the value to (20), then click “Apply”. Then repeat the same steps with the operator (Less than) and value (80). The displayed stocks/currency pairs will be filtered to show only those whose (SO) value is greater than 20 and less than 80.
- Now click the small filter button for the trend column of (Stochastic) to open its filter window. Choose (Up—Rising) then click “OK”. The displayed stocks/currency pairs will be filtered to show only those whose Stochastic trend is (Up—Rising).
- Note that the number of displayed stocks/currency pairs decreases each time.
- Move left to the indicator (Money Flow Index), then the rest of the technical indicators.
- Apply the same steps to the trend of the indicator (Money Flow Index) or (MFI) by choosing (Up—Rising).
- Apply the same steps to the trend of the indicator (Williams) or (W%R) by choosing (Up—Rising).
- Apply the same steps to the value of the indicator (Williams) or (W%R) by choosing the operator (Greater than) with value (-70), and then repeat with the operator (Less than) with value (-20).
- Now apply the steps to the trend of the indicator (Accumulation/Distribution) or (A/D) by choosing (Up—Rising), then apply the value filter using (Greater than) with value (0).
- If multiple stocks/currency pairs remain, choose the higher-quality ones—preferably those that are positive in the expected status for the next day, positive in the weekly/monthly technical indicator analysis results, and positive in the Buy/Sell Zones status for the selected stock/currency pair.
- Do not forget to use the expected prices, support/resistance levels, Fibonacci, and stop-loss prices listed in the main data section of the program.