How do I subscribe to the Algosys8's Trading Signal Generator?
|Answer:||You must be a registered algosys8 member before you can subscribe to algosys8′s Trading Signal Generator. If you are not yet a member and want to subscribe to the Trading Signal Generator, just click here or click on ″Register″ which can be found on the top part of the webpage|
What are the system requirements for the Trading Signal Generator?
|Answer:||You will need a Windows 2000 or higher; Fast internet connection; and Speakers.|
Do you offer trial?
|Answer:||Yes. We offer a two week trial period.|
How many currency pairs are available for the Trading Signal Generator?
|Answer:||There are 21 currency pairs available for the Trading Signal Generator.|
How do I know if there is a signal to trade?
|Answer:||The Trading Signal Generator has a built-in alarm system that will alarm whenever a good trade comes out.|
What is the difference between Fundamental and Technical based Trading Signal Generators?
|Answer:||Fundamental analysis based trading signals uses economic indicators, geo-political events and other factors that affect the economy, which in turn drives currency exchange rates to change. Technical analysis based trading signals on the other hand uses technical indicators, price patterns, and actions to predict future price movements.|
What are momentum, breakout, and range trading strategies?
|Answer:||Momentum Trading uses the Moving-Average-Convergence-Divergence (MACD) indicator to show changes in power between the bulls and the bears. When the slope of the MACD histogram rises, bulls are becoming stronger. When the slope falls, bears are gaining strength. Breakout Trading uses support and resistance in entering a trade. If a price breaks out from the resistance line, then there is a possibility that the currency pair will become bullish and vice-versa. And lastly, range trading is a strategy that involves buying as price moves to lower support levels, and selling as price moves to upper resistance levels. By focusing strictly on price movements and congestion points on the chart, range trading allows traders to ignore news-flow and simply concentrate on well defined areas of support and resistance.|