ALTR Sample Trade & COMP chart
In our user manual, we have discussed that it is very beneficial to align the trades with the general direction of NASDAQ.
Yesterday's NASDAQ Comp charts showed that there was still upside left for the market.
So when the ALTR buy alert shown below came along, it had added incentive for taking it.
Notice that at the time of the alert both the components of the Pink oscillator (top right panel) i.e. the Green and the Violet have turned upwards. The entry price was $26.63. The fast oscillators in this chart don't have much influence on the price (Reminder: price is the sum of all the oscillators and indicators).
The Black oscillator hasn't yet turned and the Blue oscillator is still up. So the only concern for safety comes from the Daily Model (bottom left) that has turned down.
But it is a short term type 6 alert with 0.9 trading days duration. Learn more about alerts here or in the manual.
As expected, after the dip in the open the market turned around (we'll get to the COMP chart shortly). By 11:15am today, as seen from the charts today, we can see that the fast oscillators that have gained magnitude are turning down. At this point with the price at $27.57, we can exit with a very neat 3.5% profit without waiting for the automated exit alert.
In fact the automated exit alert was issued for the trade 12:30 at a price of $27.50 as the Pink oscillator had turned down. Picking trades that are aligned with NASDAQ would have also led to trades on RFMD and DD yesterday as can been seen in the charts at our site.Now let us look at the zoomed in top panels of the NASDAQ COMP Intraday chart from 12:45 today. We can see how as expected from yesterday's charts, the fast oscillators moved down first before turning around and making the markets positive.
The market movement today, as can be seen above, was well correlated with the oscillators. The media had to first find a causation in European worries for the down open and then reassign the cause to report on retail sales once the market turn around :-)




