Alpha Track
Let's stay on track!
Last updated
Let's stay on track!
Last updated
The Alpha Track is a line that not only helps us identify the direction of the current trend, but it also at times acts as an indicator of support and resistance levels.
The Alpha Track changes color dependent on the trends overall direction. Green means bullish. Yellow means caution. Red means bearish.
When an uptrend is in progression it is common for the assets price action to bounce off of the Alpha Track line before resuming the uptrend. Similarly, when price is below the track line it is common for the price action to reject off of the track line before sending the price lower.
When the price action is above the Alpha Track line this can be intepreted as bullish. This is especially true when it is above a Green Track line. Similarly, price action below the track line can be interpreted as bearish, especially when its below a Red Track line.
The Alpha Track has 3 different intensity settings: Low, Medium, & High. Our suggestion is to go over the local history of the asset your evaluating and choose the intensity that best suites its current price action cycle. If you see the Alpha Track constantly being used successfully as support & resistance then that may be the intensity level you want to use. Or if it is correctly identifying the previous up and downtrend then this also might be help identify it as being the intensity you want to use.
Currently the only way to get the Alpha Track is to purchase a New Alpha Bundle yearly subscription starting from June 13th (when they were released to the public). You may purchase yearly subscriptions direct from our homepage. Just toggle the Alpha Bundle monthly button to the yearly option on the pricing box. Or, if you want help from us you may email our manager Jess to get your subscription started at manage@tradingalpha.io
There is currently no up-charge at all for the new indicators. The yearly price is the same it's always been. Only requirment is a yearly subscription to the Alpha Bundle.
If you are an existing member of the yearly Alpha Bundle subscription don't worry - we are offering you a pro rated refund for the months left on your subscription, then we just initiate a new yearly subscription to you to get the new Alpha Dots & Alpha Track indicators. To upgrade & get the Alpha Dots & Alpha Track please email Jess at manage@tradingalpha.io
Please note that both the Alpha Dots & the Alpha Track although come in the Alpha Trend+, they are turned off just by default.
To turn them on from your chart, simply hover over the Alpha Trend+ indicator name in the upper left hand corner of your screen. Locate & click the settings icon (cog wheel). Then from the setting page that pops up, simply toggle on/off the Alpha Dots, or Alpha Track or both as you wish.
