Wednesday, June 23, 2010

Melding Technicals and Fundamentals into a Trading Strategy

One of the key features of our stock screener is the Fundamental Trading System aka Active Stock Screen. This unique feature exclusive to Zignals stock screener will notify you on a daily basis (by email) of stocks which meet (or no longer meet) the criteria of your screen.

In addition, the stocklist created by the Fundamental Trading System will update every day AND you can use this stocklist as a basis for an alert e.g. when price crosses above the 20-day MA or price drops to within 2% of a 50-day MA + so much more.

So you can find out when the strongest stocks based on fundamentals are exhibiting the strongest technicals.

So how is a Fundamental Trading System set up?

How can I use my Fundamental System to generate trade ideas?
With a Fundamental Trading System created you can create a Stock Alert which acts on the list of stocks qualifying under the filters of the Fundamental Trading System. In the following example an alert is created for price moving within 3% of the 200-day MA and a second for a price cross of the 20-day MA. A more detailed video on using alerts can be found here.

Each day an email is sent showing new stocks which meet the criteria of the scan and those which no longer qualify.

If you have any questions on using fundamental trading systems and/or alerts simply reply in the comment section.

Dr. Declan Fallon, Senior Market Technician for, offers a range of stock trading strategies via his Zignals home page. Each Zignals member has an unique home page which they can share with friends and clients to sell their strategies.

Zignals offers a full suite of financial services including price and fundamental stock alerts, stock charts for Indian, Australian, Frankfurt, Euronext, UK, Ireland and Canadian stocks, tabbed stock list watchlists, multi-currency portfolio manager, active stock screener with fundamental trading strategy support and trading system builder. Forex, precious metal and energy commodities too.

Build your own trading system and sell your trading strategy in our MarketPlace to earn real cash. Read what others are saying about Zignals on JOIN US TODAY - IT'S FREE!

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