What technical indicators does PremiereTrade use to signal buys and sells?

Answer 1

It is primarily a moving average crossover system, but also incorporates momentum, volatility, and buying and selling pressure (using Stochastics, Std Deviation, and RSI), into one screen called The AI Wizard, or simply the Wizard.

With the Wizard, you don't have to know anything about Technical Analysis or Stochastics or RSI; they've reduced it down to a Green Light, or a Red Light, when everything confirms and price moves through a confirmation zone.

They also incorporate Support and Resistance zones for different time frames.

If you are familiar with Technical Analysis, or want to learn, there is also a typical Charting screen with Candlesticks or Bar charts or Line Charting, with lots of different indicators.

They offer good support and training and a message board. I've never had to wait on the phone to talk to their Support people.

They say that anyone can learn to use this program because it is so simplified, but you can get at the individual components if you are so inclined.

The program was designed and intended primarily for Forex, but also can be used to trade stocks, options, and mutual funds.

I'm making money with PremiereTrade, and I'm hooked. But I also have backup analysis software that is purely a technical analysis program. Both offer multi-monitor support and neither require high-end hardware. PremiereTrade also has an excellent News and Resource Center that is excellent, done by traders, not media heads, and I've not seen that elsewhere. You can also talk to their traders live; a bonus.