Futures • Predicting Breakouts Software
Do you mean you think the answer is the “Stochastics” indicator ? Sorry, then I must have misunderstood the question. I thought you were looking for some software solution that didn´t exist, some “predictor” which would automate it for you. The point is that you asked for software that “predicts breakouts”, this in my opinion is not available. Especially if you are not going to sit there and watch. This said, there are some alerts that I can set inside my platform, so if the stock is in a range, I can get it to alert me when it breaks that price range (I don´t use it, but I know it´s available) – But still, it doesn´t predict the actual breakout. However many indicators/studies etc there are, I don´t really think any will actually predict breakouts for you, especially whilst not watching – Maybe I´m wrong, but I would like to be proven wrong. Stochastics is all well and good, but its an oversold/bought indicator for “reversals” and not a breakout predictor. I haven´t used it much but from what I know about it, I don´t think it will predict breakouts.. Will it ? PS. I think this should go onto its own Topic. Statistics: Posted by MonkeyTrader — Mon Sep 06, 2010 7:54 am
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Futures • Predicting Breakouts Software
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