XOSignals develops some of the most accurate trading signals for the forex, commodities, gold, stocks and crypto markets, including for trading CFDs.
Founded by passionate mathematicians and Big Data specialists, XOSignals is a global provider of trade signals. The company develops some of the most accurate trading signals for the forex, commodities, gold, stocks and crypto markets, including for trading CFDs.
The XOSignals team aims to provide advanced financial signals for trading various markets, empowering traders to make informed decisions. This vision has led the company to create advanced financial analysis software that is available via mobile apps and as a desktop version. They offer both free and paid versions of the signals to suit every type of trader.
The Need for Trading Signals
A trade signal is a means to identify opportunities to open a trading position. These signals are not just used by retail traders but also large institutional traders, to accurately identify buying or selling opportunities for the asset of their choice. Trade signals for forex, or commodities are generated through robust technical analysis, based on the market performance of the asset, along with fundamental analysis, quantitative analysis, and other market factors, such as economic indicators.
The goal is to provide traders an automated system, devoid of human emotions and errors, to predict potential price changes and the direction of change. Apart from very simple sell and buy triggers, trading signals can also be used for modifying a portfolio. This is done by determining when it might be a good time to buy more of a certain asset and reduce investments in another. It can also be helpful in asset class allocation. It can help investors determine how to shift money among the forex, commodities, cryptos and other markets.
Additionally, trade signals also do the task of educating the trader. With these signals, traders can determine the logic behind their trades. This shortens their learning curve. However, there are multiple trading signals to choose from and not all of them are as helpful. This is why the XOSignals’ app for trading signals, compatible with both iOS and Android, can be a great way to analyse the markets.
How XOSignals Trade Signals Work
The success of the XOSignals app is evidenced by the fact that it is already being used by more than 1 million traders. The app aims to make complex market trading easy to understand and assess, even for beginner traders. The trading signals are based on software generated technical analysis. These can help identify variations of values within an economic system, long before they are witnessed in the marketplace.
Some of the inputs used by the app include:
Technical patterns are distinct formations that are created by the price movements of an asset…
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