MQTrader Education Series

MQ Trader – Daily Trading Signals

MQTrader Jesse
Publish date: Tue, 18 Dec 2018, 06:12 PM

Introduction

Most people have a hard time to monitor the stocks closely, as our working hours tend to overlap with trading hours. Opportunities might be missed if we are unable to capture the change in share price instantly. MQ Trader system is a powerful tool which can help us to protect our capital and earn profit from the stock market. We can seize the opportunities by trading according to the trading signals generated by MQ Trading Strategy which is discussed in Introduction to MQ Trader Trading Strategy.

In this article, we are going to present one of our key feature, Daily Trading Signal on MQ Trader System to keep track the buy and sell signals of the stocks daily.

What is Daily Trading Signal?

Daily Trading Signal is a screener that filters the stocks with trading signals detected by MQ Trading Strategies such as EMA 5 Crossover, ADX Crossover and etc. The filtered stocks are classified into 2 categories namely “BUY Signals” and “SELL Signals”.

Legends:

Code: Stock Code on Bursa Malaysia

Name: Name of the stock

Signal Time: The time when the buy/sell signal is detected

Duration: Duration of the technical chart (ranging from 5 mins to weekly)

Change: Daily price change

Volume: Trading Volume of the day

Volume MA (60 Days): Volume Moving Average for 60 days. To know more about it, please read MQ Trader – Volume Screener Indicators

 

There are filters for signal types, duration and volume available to sort out the stocks more specifically:

By using Daily Trading Signal, a list of potential stocks will be obtained systematically within seconds. The buy signal quality can be further confirmed by clicking running MQ Live Backtesting as shown below:

To know more about MQ Live Backtesting, please read MQ Trader – Introduction to Backtesting.

Conclusion

Malaysia market sentiment remains weak at the moment due to various events such as trade tensions between China and US, fluctuation in crude oil price and political issues. However, opportunities always come with risks. Coupling with MQ Live Backtesting, MQ Daily Trading Signal can filter stocks with strong buy signal to increase our winning chance in investment. To learn more about how to invest by using MQ Trader system, you can read MQ Trader – How to invest in stocks (part 1).

Community Feedback

We encourage traders to try out and evaluate the MQ Trader system and provide us feedback on the features you like to see in the system. We have received many positive feedbacks so far, and we are currently compiling and reviewing them for possible inclusion into the next release of the system.

We would like to develop this system based on community feedback to cater for community needs. Thanks to all those who have provided valuable feedback to us. Keep those feedbacks coming in!

Disclaimer

This article does not represent a BUY or SELL recommendation on the stock covered. Traders and Investors are encouraged to do their own analysis on stocks instead of blindly following any Trading calls raised by various parties in the Internet. We may or may not hold position in the stock covered, or initiate new position in the stock within the next 7 days.

Join us now!

MQ Trader stock analysis system uses Artificial Intelligence (AI), various technical indicators and quantitative data to generate accurate trading signals without the interference of human's emotions and bias against any particular stock. It comprises trading strategies which are very popular among fund managers for analysing stocks. 

MQ Trader stock analysis system is SPONSORED for MQ Trader members. To use this amazing tool, you can sign up via MQ Trader Sign Up!

Contact us

Please do not hesitate to contact us if you have any enquiry:

Email: service@mqtrader.com 
 

 

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