Technical Analysis Software India - – www.Vogaz.com
What is Predictor?
It is a study, which uses technical indicators to predict future movement of stock, commodity or forex. It indicates or predetermines how equities and derivatives are going to behave for a given set of conditions (plus and minus prices, time intervals, technical indicators, etc.).
How does it work?
Predictor uses the last close price/current indicated price and, negative (minus) and positive (plus) predicted prices, to indicate how the movement of the share, commodity or forex can be in near future. It uses technical indicators like exponential moving averages, stochastic, etc. to indicate if the stock, commodity, future or option is bullish or bearish for the future predicted prices/ levels. It also gives best bullish and bearish levels. These are the levels at which maximum number of indicators indicate that the share, future, option, commodity or forex is bearish or is bullish or going to be bullish or bearish from.
How does it benefit trader?
It gives clear indication of bullish and bearish trends, current as well as future movement. Traders can select percentage difference from the current close price ranging from 0.05% – 3% that they want their predictions on, and study how technical indicators are reacting to those prices. Predictor makes it easier to get a confirm and safer trade, as it indicates both positive and negative movements. Traders get a clear picture that from what level the indicators are indicating a bear or a bull trend, leading him to act accordingly.
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