Here's how the process works! You ask for it... we develop it and make it available to you for free. In this post, we will show you just a few of the things we have done over the last month to enhance your Zignals experience!
Get Social
NewsStreams Tweets
NewsStreams Feeds
Charts
New Fibonacci Flavours
OHLC and Kagi Charts
Right-side Chart Space
Side Volume Bars
Darvas Boxes
Strategy Development
Manage Your Strategies in Charts
Strategy Trades in Charts
Get Social
Newsstream TweetsYou can now tweet annotated charts from our Newsstream tool. Do you have followers on Twitter? Do you publish stock picks? Can you create impressive charts? You can promote your work and strategies in seconds. Create charts, annotate them, attach your opinions and tweet them in realtime. The feature even includes an inbuilt URL shortener. Check it out.
NewsStreams Feeds
You can add RSS blog or news feeds using the Add Stream function. This allows you to track news and Tweets side-by-side. If you don't know where to start you can find some good blogs HERE. You can watch a video showing how a trade signal can be sent to your Twitter followers via Newsstreams here
Charts
Fibonacci in Charts You asked for it through feedback and here it is. The Fibonacci Retracements is the most recent feature addition to the charts. Not only have we added Fibonacci Retracements, but Fibonacci Time projections and Fibonacci Fan lines are available too. But there's more, we have even thrown in Gann Fan lines for good measure too! All of these changes are available in the Draw menu of Charts. You can read more about using Fibonacci in this blog post.
New Chart Types
Two new chart types make an appearance in our charts. The traditional OHLC bar is now available from chart Options. Also available are Kagi charts. For those unfamiliar with Kagi charts; green lines form when price breaks a previous high; red lines form when price falls below the previous low.
Right Side Chart Space
Many of you have requested the ability to extend chart space to the right. You can now do so by dragging the yellow arrow available in the date bar as far left as you like (creating blank space to the right of the arrow). You can use this space to extend drawn trendlines or add notes.
Side Volume Bars
Finding supply zones in your chart is made easier with Side Volume Bars. With Side Volume Bars it is easy to see which price zones have experienced the heaviest trading, an indication of potential demand or supply going forward.
Darvas Boxes
Darvas boxes are created when a stock trades within a sideways consolidation for at least three weeks. Signals are created when prices move outside of the range. During strong trending markets a series of Darvas Boxes can develop. Each new Darvas box added adjusts the exit price of a position. In the case of a long position, a 'sell' trigger is generated when price breaks the low of the highest Darvas box.
Strategy Development
Start your managed fund in Zignals with Chart support for Managed Strategies. Create trading signals for any stock or currency from Charts; select your chosen strategy, set a target and stop, then buy or short it. Signals created outside of normal market hours will trigger on the next open.
All signals targets and stops you create in Charts can be managed from Portfolio. So if you need to make a change to a position it's easily available in the drop-down menu of your strategy.
View Historic Strategy Signals
For any given stock you can view the historic transactions generated by the nearly 400 strategies available for subscription in the Zignals MarketPlace. Click on any one of the globe icons (which mark entry positions) and see how each of those trades performed with the capability of Previewing for free any strategy returned.