NeoTicker®

Creating your own custom symbols is one of the best ways to get ahead in trading. Custom symbols can save you time and can act as excellent confirmation and market leading signals.

NeoTicker® provides two tools for creating custom symbols - User Defined Symbol Manager for spread-type analysis and NeoBreadth® Manager for breadth indicators.

Spread Analysis with User Defined Symbol Manager

User Defined Symbol Manager helps you put together spread analysis in a neat and clean way. An user defined symbol calculates input values from two or more regular symbols. You have the choice of commonly used calculations (spread, ratio, average, weighted index), as well as custom formula or external program for calculation.

Once defined, user defined symbols are available everywhere in NeoTicker®. You can use them in charts, quote windows, scanners, trading systems or even send them through DDE link to Excel. User defined symbols behave exactly like regular symbols and you can apply further analysis such as indicator calculations on them.

NeoTicker® keeps track of user defined symbols all the time. Historical data is generated and saved to disk. So user defined symbols are always available when you need them.

You can use spread analysis in diverse applications such as comparing stocks of common sectors (e.g. INTC and AMD), currency spread (US dollar and Japanese Yen), indices (S&P 500 and NASDAQ 100).

Real-time Breadth Indicators with NeoBreadth® Manager

NeoBreadth® Manager produces custom symbols that calculate broad market statistics, known as breadth indicators. From a symbol basket, a breadth indicator applies identical analysis to each individual symbol and collect statistics. So NeoBreadth® can answer in real-time, questions such as:

  • What is the current advance decline ratio for S&P 500?
  • How many stocks are trading above their 5-min 50 period moving average?
  • How many stocks have RSI less than 30 in 30-min resolution?

Compared to using exchange broadcasted breadth indicators such as Advance Issues, Decline Issues, New Highs and New Lows, NeoBreadth® gives you the following benefits:

  • Real-time update
  • Historical data
  • Symbol control
  • Expandable

Compared to exchange broadcasted breadth indicators which are sparsely updated, NeoBreadth® is updated in real-time and you have control over the update frequency. You have absolute speed advantage with NeoBreadth®.

NeoBreadth® stores breadth indicators to disk as they are generated. Once defined, breadth indicators are available everywhere in NeoTicker®. You can use them in charts, quote windows, scanners and trading systems. With historical data, breadth indicators behave exactly like regular symbols and you can apply further analysis such as indicator calculations on them.

Exchange broadcasted breadth indicators only represent symbols of a particular exchange. NeoBreadth® lets you select your own symbol basket. With NeoBreadth®, you are not bounded by exchange and can combine symbols from different exchanges to form your own basket.

NeoBreadth® comes with well known breadth indicators like Advance Decline Ratio, McClellan Oscillator, TRIN as well as our proprietary MovX breadth indicators. All of these breadth indicators can be customized using NeoTicker® formula language. You can also create your own breadth indicators with ease.

Key Benefits
  • Creating user defined symbols is great for spread analysis. It save you time from repeating the same analysis
  • Real-time breadth indicators put you ahead of traders who rely on exchange breadth indicators
  • Breadth indicators are excellent confirmation and market leading signals
  • User defined symbols and breadth indicators are stored. Historical data is available when you need it

What are Breadth Indicators

Breadth indicators are broad market statistics. They are excellent indicators of market sentiment. Well known examples for breadth indicators include McClellan Oscillator for accessing trend quality of the market and Advance Decline Ratio for identification of extreme price movements.

 

   

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