Trade Alert Application

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Forex Trade Alert Software Day Trading Alerts & End-of-Day Trade Alerts www.sigmainfo.net PREDICT YOUR NEXT MOVE

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Transcript of Trade Alert Application

Page 1: Trade Alert Application

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Forex Trade Alert Software Day Trading Alerts & End-of-Day Trade Alerts

www.sigmainfo.net

PREDICT YOUR NEXT MOVE

Page 2: Trade Alert Application

The Client is a global player in training and coaching people to invest wisely and

make profits by trading Forex, Exchange-traded funds (ETFs), Stocks etc. Forex

trading alert software constantly monitor the market for high-probability real-

time buy and sell opportunities of Forex. The Client specializes in building over a

dozen of effective trading systems, techniques that can predict with a high level

of accuracy for fast and effective trading on 8 major Forex pairs. Headquartered

in North America, it services a host of international clients online.

The Client

The Client's envisioned versatile, dynamic and automated Forex trade alert

software that spoon feeds trade alerts when a trade has setup and Entry should

occur, the application can send alerts via Email and SMS message. Client designed

Trading algorithms to generate trade alerts with precise trade entry & exit signals

and automated trailing stop-losses. The Forex Trade Alert Software trigger alerts

on Day Trading Forex and End-of-Day Forex Trade. Sigma Infosolutions' proposed

.NET technology to build the application from concept to an end-product.

Business Case

[email protected]

“40% cost savings on functionality development

Executive Summary

The Client understands the need of

trusted Forex trade alerts and thus

conceptualized the Forex trading alert

software which automatically shield

users' Forex account form risk, predict

the 5-day trend of the 6 best Forex

markets; Day Trading Forex alerts and

has the ability to send alerts via email or

SMS message, Pop-up for notification

purposes for the alerts it generates.

Whenever a new signal is generated by a

trading method, a trading alert will be

sent immediately to the admin, so that

one can take advantage of the

opportunity before it's gone.

The application is an automated Forex

trade alert engine which allows the users

to monitor, analyze and manage, forecast

Forex trade. The application can send

Day Trading Forex lerts and End-of-Day

Trade Alerts. The automated engine

leverages Dashboards and Analyzer tools

for additional analysis and visualization.

Built on .NET technology, the application

extends numerous customization

capabilities to users with analytical

front-end.

The Forex Trade Alert software is built on complex technical analysis and supports

built-in ever-growing Library of market indicators and strategy trading system. The

alerts are produced on data which is fetched real-time on the charts and the last

bar changes as fresh data is received from reliable and trusted Forex data feeds.

These alerts are based on specific trading system algorithms and can help traders

to make trading decisions, whether or not a user should enter the trade. These

alerts assist in easy decision-making and to make quick judgments, it's very

important for foreign exchange transactions. The software is integrated with

international Forex feed providers like Xignite, FXCM, MorningStar.

Sigma Infosolutions’ .NET team successfully compiled the architecture required for

the project.

Day Trading Forex Alerts

Day Trading Forex Software that has 3 trading methods suited to the needs of

various kinds of users, profitability, risk and trading habits. The software has been

modelled around thin user, thick server architecture. It monitors USDCAD, USDCHF,

USDJPY, AUDUSD, GBPUSD, EURJPY, EURGBP and EURUSD currency pairs.

Solution

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Technology

.NET

Java Script

PLSQL

PDI

Business Benefits

40% cost savings on functionality

development

Complete set of data, functioning

alarms in real-time

Ongoing operating costs at or better

than budget

Low system Overhead and lower

support costs

www.sigmainfo.net

Next Phase

Client has chosen Sigma Infosolutions as

Solutions Adviser. In next phase Client

wants to build similar robust applications

on Forex Alert Software and Smartphone

& Tablet Forex Apps.

The application being a day trading software provides 5-, 10-, 15-, 30-, and 60-minutes

time-frame to select from and issues alerts based on the time-frame and have candlestick

charts for each time-frame. The user chooses the time-frame and real-time data shows up

on the chart page. The application delivers the recommendations on each of the 8

currency pairs for the 3 trading methods processed for each of the 5 time-frame.

The system is built around 3 well-devised trading strategies which use statistical and

technical indicators, like Average Directional Index, TrueRange, Average TrueRange,

Exponential average, SlowK, FastK, SlowStochastic, SlowKCustomOrig, Swing High/Low

calculations to identify suitable trends to trade in the market.

The application allows users to subscribe to SMS, Emails, Pop-up alerts for notification

purposes for the alerts it generates.

Key Modules Developed

o User Application-Windows, Build User application for Windows Platform

o User Application-Mac Build User application for Mac Platform

o Data feed Server Integration

o Back-end Server – Alerts Processor

End-of-Day Trading Forex Alerts

The application is an End-of-Day Trade Alert Software with different modules and

algorithms, designed to produce alerts. The application uses 4 trading methods suited to

the needs of various kinds of users, profitability, risk and trading habits.

The 4 well-devised trading strategies uses statistical and technical indicators, like

Average Directional Index, TrueRange, Average TrueRange, Exponential average, SlowK,

FastK, SlowStochastic, SlowKCustomOrig, Swing High/Low calculations to identify

suitable trends to trade in the market.

The application monitors 8 most traded currency pairs. They are EURUSD, AUDUSD,

EURGBP, EURJPY, USDCHF, USDJPY, GBPUSD, USDCAD. The application processes the live

feed at Market close and sends out alerts to its users. The alert identifies Entry Price,

Stop Price, and Profit Target etc. Once alerts takes market position, it subsequently keep

them updating with Stop price based on price movements. The system is built to identify

trends in both kinds of market scenario i.e. Long & Short Trade.

The application is equipped to send out all kind of Trade alerts like BUY, SELL, SHORT

SELL, BUY TO COVER, PROFIT TARGET HIT, TRAIL STOP CHANGE, etc.

The user can subscribe to any or all the recommendations for all currency pairs and Trade

types (Long & Short). The application keeps a track of the performance of each Strategy

based alerts until the trade is live. The application is built to support users who have

subscribed to various Trading Strategies through Emails, SMS's, Pop-up alerts to users

subscribe to each exchanges and strategies.

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[email protected]

“Trade Alert Software withTrading Alerts- Email, SMS, andInstant Message

New To Forex?

Need Forex Trading News, Charts, Signals, Strategy, Analysis Daily?

Use Forex Alert Software

Challenges & Successeso Feed Capturing and set-up various kinds of notification alerts to ensure bad feed,

service failure and untoward incidents are kept at bay.

HLOC (High, Low, Open & Close) data calculation from tick data and setting up

automated infrastructure to support the application.

o Enabling the system with various ways of processing, day processing, selective

processing, single currency & strategy processing and reprocessing of the history data.

Initially the application just had a daily & fixed time based frequency processing

infrastructure, but as the solution evolved we faced the need to enable the application

with Single Currency & Single Algorithm processing to handle exceptions if any,

individually without impacting or affecting the other currency data or information.

Further the application was integrated with exchange wise setup to handle processing of

symbols under one exchange.

Tracking and analysis of the validity of the various alerts, entry condition, profit target

hit condition, stopped out alerts etc.

Sigma Infosolutions formulated an approach to test and validate the correctness of the

application with different data points.

An automated Forex Alert Software can

easy your needs. Reduce your risk

aversion with system which can help

you with,

o Legitimate Techniques

o Trend Analysis and Timing

o Precise Entry and Exit Points

o More than 1,600+ Pips per month

o Real-Time Forex Alerts by email,

SMS

o 100% Automated System

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Trade Alert Systems meet market-critical standards of redundancy

What’s Yours Edge?

About Sigma Infosolutions

Sigma Group, an Indian conglomerate has more than 4 decades of experience in Mining, Chemicals Manufacturing & Export,

Handicrafts Manufacturing & Exports, and Software Development

Sigma Infosolutions is a TUV certified ISO 9001:2008 & ISO 27001:2005 company

Headquartered in US with development center in India

Some of our esteemed customers include Airtel, Zyme Solutions, Yodlee, Celerity Consulting, Resolution Economics, Birla

Global Asset Finance, Fosroc Chemicals, Surgery Planet etc.

Sigma Infosolutions’ services comprises of application development, application management, IT Consulting, Offshore testing,

and Website and Portal Development

Sigma Infosolutions, Sigma Towers, #66/A, 13th Cross

6th Main, JP Nagar, 3rd Phase, Bangalore- 560078

Telephone: +91-80-40865100

Sigma Infosolutions, 2082 Michelson Dr.

Suite 100, Irvine, CA 92612

Telephone: +1-714-717-1826

Fax: +1-866-405-6750, Toll Free: 1-888-861-7360

Website: www.sigmainfo.net

E-mail: [email protected]

Toll Free: 1-888-861-7360