Tape Reading Visually

The only way to really discover how powerful, intuitive, and accessible AlphaReveal 2 really is -- is to take the free trial. 

AlphaReveal 2 makes tape reading instantly accessible to chart based traders. In the video below, I show various ways to read the tape in AlphaReveal using a very visual method while still having access to all the information -- and a lot more! -- that old school tape readers would have. I'm able to clear the histograms to start tracking the order flow visually anew using the keyboard. Likewise, I can choose to display or not to display advanced level 2 analytics. Changes in market depth often lead to changes in the order flow.

It pays to pay attention to both price and price momentum which can be invaluable when combined with the order flow. And, it is easy to track the price in our platform. It is, also, useful to know if the order flow is able to drive the price to new highs or lows. The QuantTape(TM) running the levels ladder algo makes it easy to see whether the order flow is able to drive the price or whether limit order traders are stepping up and taking the other side.

Visually Reading The Tape With AlphaReveal 2! (Set to music. No commentary)

Wednesday, August 28, 2013 12:14:00 PM

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Risk Disclosure:

Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.

Hypothetical Performance Disclosure:

Hypothetical performance results have many inherent limitations, some of which are described below. no representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. for example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.

 

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