TradeScope is an easy-to-use tool that determines the probability of chart movement when indicators are combined. We provide several pre-built TradeScopes so you can immediately benefit from the technology.
For TradeScope Pro, we added two great new features for traders – the new TradeScope Toolbar and Historical View, making it easy to switch between TradeScopes and see how well they worked in the past – right in the charts!
TradeScope Pro can also be used for research. Have 2 or 3 indicators you really like? Let TradeScope tell you how predictive they actually are, and which combinations lead to the most profit!
You’re going to see the exact information you need to help you make profitable trading decisions every time you bring up a chart!
TradeScope shows probability of movement based on measuring past occurrences of a given setup. The scale shows the probability of reaching various price levels, based on the setup that exists on the right edge of the chart and evaluating similar setups in the past.
The module provides you with an easy way to find the charts that have the highest probability for movement. Simply sort on the TradeScope Bias (TSB) column in your Focus List, and the symbols that have the highest bullish bias will be brought to the top and bearish to the bottom.
Whether you use the TradeScopes we provide or create ‘Scopes of your own, you’ll have greater confidence knowing what is likely to happen in the market.
Important Information: Futures, options and securities trading has risk of loss and may not be suitable for all persons. No Strategy can guarantee profits or freedom from loss. Past results are not necessarily indicative of future results. Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do no represent actual trading.