CHICAGO, IL — TrendSpider, a Chicago-based Fintech startup announced today that it has launched Dynamic Chart Monitoring & Alerts. With Dynamic Chart Monitoring, traders can instruct TrendSpider to automatically monitor any trendline or indicator for them, and alert them when price touches, breaches or bounces from it. Unlike other price alerts, TrendSpider can follow the waveform of a moving average or the slope of a trendline without manual adjustment of any kind. Set it and forget it.
At TrendSpider, we work hard to make sure everything about our automated analysis is transparent to our customers. One of the ways we do this is through our newly released “Truth in Analysis” Line, which was previously informally known as the “Honesty” Line. This line will show that our analysis is always truthful with a time stamp when it was last performed.
TrendSpider is an incredibly flexible tool that can be used on any timeframe chart to identify key price levels, trendlines, indicators, support & resistance zones, chart breakouts & breakdowns, and more, automatically. But how do you put it to work for you? What’s the best way to work it as a user? We recommend you approach it as a process.