EquityFeed™ Puts Professional Trading Tools into the Hands of Individual Investors

EquityFeed Corp is an on-line provider of real-time market data and analytics for professional traders and individual investors. EquityFeed’s state-of-the-art trading platform covers the NASDAQ, OTCBB and Pink Sheet markets. Its tools are sophisticated, powerful and reliable, and yet simple to use.

EquityFeed’s tools give serious traders the newest-breed of powerful trading tools that are unmatched in the industry…tools that allow traders to filter markets in real-time and find trading opportunities that would otherwise be completely invisible.

EquityFeed is a service that will give you a live and up-to-the-second filtering of the entire stock market dependent on the filter settings that you have selected. EquityFeed has Level 2 capability and includes advanced charting capabilities with numerous indicators (such as MACD, RSI, Volume, Bollinger Bands, complete with all the bells and whistles). The bottom line is that EquityFeed includes all the features expected in a Level 2 Trading Platform, and much, much more.

EquityFeed’s true strength is its filtering capability; there are approximately twenty categories in the filter option window to choose from, enabling you to filter based on price, volume, trades, ask or bid or spread range, SMA, pullback, reclimb, and more.

The latest evolution of the EquityFeed platform provides its users with:

Timely and actionable market data through an information platform that’s rock-solid in terms of stability, accuracy and as near zero-latency as possible. EquityFeed has achieved this through an algorithmic-grade ticker plant and proprietary client-side compression technology.
Data that is clean and simple to use. Reducing clutter makes it easier for you to access the data you need to make trading decisions. Unlike others tools we’ve tried, EquityFeed places a strong emphasis on making their tools easy to read and interpret – the super-slick user-interface clearly reflects that.
TradeConnect gives TD AMERITRADE™ account holders the ability to trade directly through EquityFeed’s proprietary trading platform.
An unwavering commitment to innovation and education, with their video tutorials and weekly webinars.

You’re encouraged to join EquityFeed’s community of traders — other like-minded individuals who are making the volatility in this current market work them. Learn what EquityFeed can do to expand your portfolio’s value by test driving EquityFeed for the next 30 days.

-
About the Author:
Rob Trader – Forex Expert http://tradingtoollist.co.cc/
Article Source

The Keltner Channel and Bollinger Bands

Channels and bands of various origins have been used to study market price movement by day traders from many disciplines.  They have an uncanny ability to point out the obvious, which is not always as obvious as it might seem, that is to say bands and channels can show the volatility and direction of the market and be read at a glance.  They are easily read and interpreted.

Let’s start with the methodology of Keltner Channel.  The Keltner Channel is similar to most channels or “envelopes” in that it uses three lines.   The center line is a moving average set to a specific time period of your choice, and the default on most charting programs is set to ten, though day traders have adjusted this number to their specific needs in a variety of ways.  The outer bands are then calculated by multiplying the center moving average by another number of the day traders choosing, usually 1.5x or 2.0x.  This simple math should point out one major difference between the Keltner Channel and Bollinger bands; the line tend to stay equidistant most of the time.  This makes sense since the multiplication factor produces a linear relationship to the moving average on both outside lines.

The best known day trader who utilizes the Keltner Channels and has published some articles on the topic is Linda Bradford Raschke.  Without quoting her verbatim, if you have the multiples set up for a particular day and most, say 90% of the price action stays within the channel, you would be able to spot overbought and oversold signals to work around.   But this explanation also points out what is, for me, the real weakness in using Keltner Channels.  

How do you know, on a daily basis, which multiples of the moving average to use and, for that matter, what time frame is appropriate for the moving average itself.  I suppose with years of experience you might develop the ability to judge the market and set the appropriate variables, but it sounds like a fairly tall order for a novice trader.  Raschke has done work integrating the Average True Range indicator into the moving average with some success, which seems a more accurate methodology to my way of thinking.  The point is simple, though; the Keltner Channel methodology would take some very specific mentoring to be an effective trading tool for your indicator set.  At best, it serves as a nice filtering device for other primary trading indicators.

The Bollinger Bands, on the other hand, also use a preset simple moving average (SMA) as the center of it’s three line array.  I generally see the Bollinger Band SMA set around 20, but any number will cause a set a bands to be formed and Bollinger, in his book, thought variations on the twenty period SMA in different markets could produce sacrosanct results.  Instead of using a preset multiple of the SMA the Bollinger Bands set the outer lines at two standard deviations from the center line.  The level of standard deviation can be altered, but the generally accepted norm seems to be about two standard deviations.  So we are dealing with a non-linear outer line formation now, since the standard deviation changes in size depending upon the position of the center line.  When the market is consolidating, Bollinger Bands tend to draw very close together, showing a very low level volatility.  Conversely, when the volatility is increasing, the bands will swing wildly away from each other and the width between the outer bands becomes greater.

Contrasting this with the more equidistant demeanor of the Keltner Channel will immediately show the casual day trader the difference in these two indicators.  One is linear, one is non linear, and the reality is that they appear very different on a chart.  Oddly enough, though, I consider the Bollinger Band to be a secondary indicator, though there are trading systems that use them as a primary indicator.   The general rule of thought on both the Keltner Channel and Bollinger Bands is fairly simple: a close outside the channel is indicative of overbought and oversold conditions and hence, there is a potential counter-trend trade in the offing.

My experience has been that the Bollinger Bands are more accurate at predicting countertrend moves.  Again, I would use them as a filter device and see if, in fact, my primary indicators show the same information.  I think you could say the same for the Keltner Channel, which I have used less.

I endorse a state of the art trading program for beginners at Trading Concepts, Inc It’s an awesome product that will have you well on your way to success. Plus, it has a money back guarantee…you have nothing to lose and thousands to gain.

Article Source:http://www.articlesbase.com/day-trading-articles/the-keltner-channel-and-bollinger-bands-1631979.html

How To Multiply Your Forex Profits Exponentially With The Power of Bollinger bands