video introduction

StockDotGenie (SDG) provides to new, novice and experienced traders, a Graphical User Interface that could have been the basis for a mod video game. This was intentional to provide clear and unambiguous signals that are always easy to understand and human activity upon.  The main goal of SDG is to distill complex Technical Analysis concepts into quickly recognizable, like shooting fish in a barrel to  understand icons and flags.  Each of these icons is indicating an of import alter or status in this stocks technical picture show with the computer, not you lot, doing the analysis. Think of it as a Technical Assay Autopilot. The pilot is still required to exist in control, but the autopilot is handling all of the background calculations freeing the airplane pilot to concentrate on what is going on outside of the window or what we like to call situational sensation.  The two links below provide a quick overview of each icon and the betoken information technology is producing.  Links at the bottom of both of these pages will return you to this location.  New to Technical Assay, visit our folio: "Value of Technical Analysis."

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StockDotGenei's indicators tin can be stacked, bundled, hidden or combined inside the frames of the TradingView platform in any way you desire.  In a higher place is the setup that I prefer.  In the top frame is the main SDG indicator and a consummate explanation is provided beneath and on additional pages of each of the uniques indicators provided past SDG.  To see the underlaying candles just mouse over whatever SDG Dot and all of your candles will appear. The primary intent was to produce a platform that alerted the user to any important change in the trading environment of any stock you may be watching.  On this page and the following pages, are a great deal of instructional and educational materials we hope you will find helpful.  All of these pages are easily accessible through the primary dropdown menus (HOW IT WORKS, TECHNICAL & TRADING GUIDE and Back up & BLOGS) at the height of each page.

StockDotGenie  (SDG) enables new and novice traders to jumpstart their trading expertise by utilizing a simple to use Technical Analysis arrangement. SDG distills that information into a unmarried DOT allowing you lot to quickly and easily determine, through simple visual cues, what your stock's brusk term price trend is likely to be.  Considering SDG was designed as a swing trading tool, it excels at determining and flagging turning points as prices approache support or resistance. These are the areas where stocks brand dramatic advancements or change directions.  This makes SDG a valuable trading tool for every trader, in every timeframe.

Every indicator that contributes to the generation of the Genie's Dot colors are described beneath.  Some like the Master Moving Boilerplate Envelope are themselves the production of multiple, independently calculated indicators, with only the cumulative, distilled output presented to the trader.  Independently, each tin provide valuable insight into what an disinterestedness's toll is nearly likely to do next.  The one thing to keep in heed though, is each of the indicators described below, contributes in some small or big estate, depending on the situation, to the concluding color of the Genie's Dot.

The SDG site provides more than than 25 pages aimed at providing new and novice traders with a global pictures of some of the almost valuable lessons all successful traders have learned and automatically incorporate into their trading protocols.

If your prefer to jump  into detailed explanations of the technical analysis that powers these unique trading tools, delight go directly to the first SDG Instruction folio.  The Genie's lamp (our logo) at the bottom of each folio is also a direct link to the SDG Trading View Application bundle.

The DOT in Stock Dot Genie is a simple and intuitive indicator. In its simplest form, SDG's signals are presented to you every bit green or red dots painted on meridian of the price activity candles. You lot tin can e'er view the underlying candles past only mousing over the dots.  Ii distinct calculations are utilized to produce these dots.  The Principal Dot Calculation (PDC) is triggered when the stock has touched support or resistance and moved abroad from these of import levels. The PDC is and so utilized for the adjacent iii consecutive (three) trading confined.  The PDC'southward color is derived by calculating and comparing the center-weighted position of each candle'due south real body and determining what this human relationship is to the previous candle.  This includes a very brusk term, weighted, center-of-gravity calculation. If todays weighted dot calculation has a college value than the calculation of the prior dot's weighted data, the current dot is painted green. If information technology has a smaller value, it is painted red. Because nosotros are attempting to extract both sentiment and momentum from the candles nosotros are using the entire candles trunk for comparing, not merely the price.  Light-green indicates buy or remain in a trade.  Blood-red indicates sell or remain brusk in a trade. The indicator is unproblematic, only is utilized only equally a turning indicate span at the bespeak in the bike where moving averages are the least accurate.  A complete caption of the DOTs can be found on this folio.

If you are trading an uptrend in a stock, yous enter and stay in as long as the dots remain greenish.  If they turn reddish, you may want to sell your position or short the stock. At that place is a relatively simple rule we apply in these situations.  One carmine dot, hold your footing.  Ii cherry dots, don't stick around. Unfortunately all situations are dissimilar and situational awareness of the stock you are trading is critical to being successful. Situational sensation is discussed on the "Links," page.

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Closing Score calculates the range of the day, sometimes referred to as the "True Range," past dividing it into 100 equal segments.   You can and so decide the stock's Closing Score past determining where on this range of, 0 – 100, the closing occurred. This is as close every bit you will get to the market place directly signaling, from a unmarried indicator, what the sentiment or emotions of the traders in this equities are. "Be fearful when others are greedy and greedy when others are fearful," is an often quoted statement past Warren Buffet.  He would equate a score of 100 equally demonstrating extreme greed.  A score of nix would exist extreme fright and any score around 50 every bit demonstrating ambiguity.  The Closing Score is plotted as greyness, green or cerise dots, plotted on a calibration of 0-100.  A complete explanation of Closing Score tin can be plant on this page.

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Closing Score and Long Tails Count, counts  a ten-twenty-four hour period, cumulative look at both the occurrences of strong or weak endmost scores as well as the occurrences of long tails. Here again, you accept boosted tools that provide you with indications of sentiment, only likewise how sentiment is transitioning over fourth dimension. The blue columns indicate trading days that produced long tails and again provides you with a ten day running total.  Because most institutional and all program trades are designed to be executed with a specific price range, often referred to every bit bracketed trades, when retail traders' orders are all completely filled outside of these parameters the but orders remaining to fuel the market are orders who'southward prices are bracketed and thus the trading range will revert back into this channel producing a long tail in those trading days. Of grade, there are other circumstances that can cause long tails, but when you see a series of days that all take long tails and the price trend is not irresolute dramatically combined with approximately equal trading volume for those days, y'all are in all probability seeing institutional and / or programed trades. You want to see this indicator climbing and reaching above 8 before information technology is meaningful in my experience, simply watching the long tails indicator tick up can be important information. You are allowed to arrange how close those parameters must be in social club to be counted. The Closing score default is 10 for the low and 90 for the high. The default for the long tail is 0.85. A complete explanation of Endmost Score and Long Tail Counts can be found on this page .

The Candle Torso Size is a expert indicator of trend strength.  Long candles back up potent trends.  When the candles become pocket-sized, every bit the enthusiasm evaporates and momentum decelerates, you are inbound a territory where turning points occur.  The complete caption for Candle Torso Size can exist found on this page .

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Volume is easily the second most important indicate of information you will receive each day, second only to price.  We utilize it to confirm all of the other indicators.  If the volume is higher when a signal is produced, we view that as a conformation of the signal.  The DOT's superimposed on the volume confined are simply indicating if today volume is greater than yesterdays. Greenish is truthful, red if false.  The blue groundwork behind the volume bars indicates the 14-solar day moving average of the daily book.  The Blue line above the bars is the 14-day Middle of Gravity calculation for volume.  As with all other SDG indicators when volume spikes above the COG of the average volume for the prior 28 days a blue or white background flag is produced.  A complete explanation for Turning Betoken Book can exist establish on this folio.

SDG also provides you with a secondary system, based on multiple technical calculations, including  endmost score, relative volume, relative candle size, center of gravity and trader sentiment, all of which are combined to aid yous in making the most assisting conclusion as to when, or fifty-fifty if, you should enter or exit a trade.  These indicators are provided as an outer ring to the primary, center dot adding and color.  Candlestick assay is a complex process that has been distilled into this unproblematic analytical process.  A consummate explanation of the technical analysis that fuels the rings can be constitute on the commencement instruction page, equally well as on the icon flag page.

Step past step signals are generated past SDG to warning and guide you lot when your stock has neared or touched back up or resistance.  These are indicated past a change in the color of the groundwork.  A consummate explanation of the technical analysis that generates the Background Flags tin can be institute within the educational activity page also every bit on the background flags page.

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Conformation / Contradiction arrows signal both a alter in toll direction or a Turning Betoken, besides as possible entry points. A complete explanation of the technical analysis that generates these important signals tin can be found within the instruction page, likewise every bit on the background flags page.

Tradingview is an amazingly versatile platform that allows you lot to  rearrange,  delete or add any of the other custom  indicators  that either come  standard on the  site or  are produced  by  a  very  talented  programming  community.   Many  excellent  indicators produced past these programmers are provided free of  whatsoever cost.  Many of these exactly replicate  professional person  platforms  that  cost  their  users  many  thousands  of  dollars.   Some require a nominal monthly fee like SDG.  You become to option and chose and so produce you own ultimate trading platform with trivial or no additional expense to your  ain  lesser line trading cost.

[1] The TAO of Trading: Discovering a Simpler Path to Success by Robert Koppel 1998 Dearborn Fiscal Publishing, Inc.  Amazon link here