Q17: What is Live Stock Pick? How often does it update?
A:
Tradetrek.com has three types of "Live Picks" – Technical Live Picks, Neural Network
Live Picks and Pairtrade Live Picks. These picks are generated by Tradetrek's
real-time stock search engines--the most advanced online applications ever developed
for the purpose of equity trading. These engines continually scan live market data
and post the most promising trading opportunities through market hours, enabling
Tradetrek users to press the "Update Picks" button regularly to get real-time live picks.
The real-time engine behind Technical Live Picks searches for stocks that
show such technically "ideal" chart patterns as the "Triple-top",
"Cup-with-a-handle", etc. Tradetrek's high accuracy and efficiency for
these tools are achieved through the application of various advanced
pattern-recognition methods derived from Artificial Intelligence and Fuzzy
Logic principles.
Neural Network Live Picks and Pairtrade Live Picks are generated by powerful real-time
engines developed from principles of Neural Network technology, and Tradetrek's
proprietary Pairtrade trading models. Please click here for more details about Neural Network,
or click here for Pairtrade.
For each picked stock, we present it by using our IntelliChart on a Trade Panel. The
IntelliChart shows the stock chart in various chart types (such as line chart, bar
chart and candlestick chart) with different indicators (such as volumes, Bollinger
bands, K/D, RSI and MACD), and sometimes also draws auxiliary lines (such as support
lines, range lines, sides of triangles) and stop-loss lines. These lines help the
reader recognize the chart pattern and visualize the profit-and-risk potential.