Market Motion Detector From TD Ameritrade
May 19th, 2006 by Grant in: Investing
With the merger of TD Waterhouse and Ameritrade, new features are slowing being added to the service. The best part is, there isn’t a fee to use many of these features.
The latest tool to be added to the traders toolbox is the Market Motion Detector. The Market Motion Detector gauges the speed at which the price of a certain stock or sector is moving.
It will show you stocks which the price is not only increasing, but its also speeding up. It will also show you the bearish side of the market trends as well.
I’m still playing with it a bit, and it is a bit tough to really get a feel for what the program is telling you, so I’m not sure how I will integrate the feature into my trading style, if at all.
It’s yet another advantage of being a TD Ameritrade customer, and there appears to be more features in the works.
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