I’m very honored and pleased to introduce the first iteration of our education program designed to help traders, market technicians and analysts learn the ins and outs of the TrendSpider platform. TrendSpider U, as we affectionately call it internally, is a collection of resources designed to help you become an expert in the product. This is really important to me because after years of doing this, one thing has become clear: there is a learning curve to the TrendSpider platform; and it is easier to overcome for some traders and harder for others. To that end, we have compiled a wide range of materials and services for you to learn from. Here is a little bit of what TrendSpider U has to offer.
TrendSpider’s mission is to make the process of technical trading more intuitive, efficient and less painful for traders. One of the ways we are doing that is through the all new Market Scanner, which is a game-changing technical scanner that works on multiple timeframes (down to 1 minute) to search the market (like Google) for charts that fit a specific technical criteria. We’re not tooting our own horn when we say there is nothing else even remotely like it on the market – there just isn’t. We’ve looked. Today we are announcing a new set of pre-made Market Scanner configurations designed to identify powerful chart setups for you. We’re calling these Spider Scans. Spider Scans are experimental — but high potential — scans with a large number of conditions complex conditions to search the market for potential reversals or breakouts. There are currently six configurations in this category, with more to be added down the road.
We talk a lot about how great TrendSpider is on our website here. That’s normal for any company. We’re super proud of what we have built – no other platform on the market offers the same blend of capabilities that TrendSpider does in one tool – not even the expensive ones. Here are some of the unique capabilities of TrendSpider and what some of the most respected and well known trading websites are saying about us. There is a reason why LiberatedStockTrader gave us the Most Innovative Platform award several years in a row now!
CHICAGO, Feb. 3, 2020 /PRNewswire/ — TrendSpider, a Chicago-based fintech focused on building automated, all-in-one dynamic technical analysis software for active traders, today announced the release of its ground-breaking Market Scanner technology.
The Market Scanner is intended to help active traders filter through the universe of symbols, or a specific watchlist, for securities that meet specific technical requirements. For example, traders can search for any U.S. stocks in the S&P 500 that have experienced a bullish engulfing on the five minute chart that also have a relative strength index (RSI) reading of less than 50 on the daily timeframe. They can then use TrendSpider’s other functions to develop strategies, analyze patterns, compare timeframes, identify support and resistance zones, and create alerts.
Thank you to everyone who attended our Webinar last night. A live replay is available now at this link. Please check it out if you missed it.
One slide that I wanted to share in this blog post from the presentation is our Roadmap. This isn’t exactly set in stone – obviously things will come up, some things will take more time or less time to build, but I wanted to share it here to give the community a clear picture of where we are taking the TrendSpider platform.
If you are a customer already, thank you for your support. You are enabling us to build our vision of changing the world for chartists. If you are not yet a customer, please consider subscribing to support our work.
In the roadmap below, the green box represents work that has been completed, dark grey is “in progress”, and light grey is forward looking.
Thank you again for your interest and support in the TrendSpider project!