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Traido smart alerts for false breaks, other strategies

Traido is a young start up that enables traders to set alerts on false breaks: one of the most painful patterns that forex traders encounter.  

There are additional patterns that traders can set alerts for. Here is more information from the company, including what’s next in the pipeline:

  • Expressing the trader’s strategy is a very simple process. All he needs to do is draw his analysis and create sentences that describe his thoughts.
  • For example, if a user draws a trend line and wants to get a mobile notification when the price breaks it by more than 25 pips, then the sentence he will create is “If Price reaches line 1 + 25 pips“.

Examples:

Traido mobile notification if price broke resistance level, tested it and went up again

traido mobile alert if price made a false break to a triangle and went up again

Upcoming features:

  • Watch and use other traders’ alerts
  • Support for candle patterns in the sentence
  • Support for oscillators in the sentence

Down the road:

  • Mobile app with options to support trading actions upon mobile notifications
  • Semi-automatic trading: Receive alerts and automatically execute corresponding trades
  • Mobile notifications when important events occur in the trader’s trading account:   SL\TP are taken, pending order executions, etc'”¦

 

Yohay Elam

Yohay Elam

Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts.