Real-time Analysis
This page is for informational purposes only - we are NOT providing you with advice or recommendations | Guide | AlertsRead our Disclaimer before going further.
About NEXT SignalTM
Guide & Interpretation
- Signal Notifications (via browser)
Make sure you allow browser notifications when prompted upon loading this page - it is how you'll be notified of all incoming signals (in real-time) without having to stare at the signal reel. In addition, each signal is accompanied by a sound , an audible alternative for those wishing to leave notifications off.
- Analysis Ticker Composition
Analysis are issued in real-time, using the following format:
SYMBOL | ALGO: BIAS @ PRICE
TIMESTAMPExample:
NQ | X1: Long @ 152.91
September 02, 13:42:08NQ E-Mini Nasdaq 100 Futures - the symbols correspond to standard market tickers (AAPL, NQ, EURUSD, etc.) with futures displayed as continuous in their root form (e.g. NQ, ES, ZB, etc.)
X1 is an Algorithm Identifier, see next column for all algos currently in use
Long identifies predomenantly bullish market conditions (Short bearish)
@ 152.91 the price at which above conditions were identified
September 02, 13:42:08 the date and time at which above conditions were identified
- Algorithm Strategy Types
The Algorithms column provides the details behind individual algorithms. When reading the signal ticker, considering bias (long/short) alone is not sufficient. You need context, which is briefly summarized by the first letter of the Algorithm identifier. In the NQ example above, "X" in X1 identifies the class of "X" or scalping algorithms, which means you should apply approperiate order management techniques (take profit, stop loss, trailing stops etc). As of this writing, ChartVPS NEXT divides algorithms into 4 classes:
A trend driven with focus on accumulation/distribution of a target asset. Typically, signals of the same direction are issued in succession, along the lines of retracement, while remaining in trend. We typically use multiple dimensions of technical and quantitative analysis to determine trend, including price action, volume patterns, and many fields of statistics. Take-profit, stop-loss, and trailing stops recommended for defensive order management, especially if trading individual signals in isolaton.
B breadth based, encompassing a wide variety of analysis across numerous correlated assets - the analysis remains valid until a contrary B ticker of the same identifier is issued
Class B can be used to provide additional context to the other three classes as it identifies prevailing market conditions. For example, a long class "A" signal issued alongside a long "B" signal for the same asset class identifies a bullish confluence for that asset, strengthening the "A" signal bias.
X momentum and/or volatility based, identifying potential, temporary imbalance or disequilibrium in a given market - each analysis issued in isolation and remains valid for an indeterminate amount of time (usually short-term). Take-profit, stop-loss, and trailing stops recommended for defensive order management are usually standard with scalping strategies such as this.
T trend based, identifying an established or changing trend - the analysis remains valid until a contrary "T" ticker of the same identifier is issued. Take-profit, stop-loss, and trailing stops recommended for defensive order management.
Remember, we are not providing you with any advice, recommendations, or endoresements. Analysis Ticker is to be used for informational purposes only. Any trading decisions should only be made using your own analysis/opinions of the markets. We are not responsible for any losses you may accrue, should you decide to incorporate ChartVPS NEXT into your own analysis.
- Analysis Reel Filters
Historical and real-time (incoming) analysis can be narrowed down by bias and type of market. You will find 6 filters at the top of the Analysis Reel (the container that lists analysis tickers):
All - displays all signals / resets any previously selected filters
Long - displays bullish analysis
Short - displays bearish analysis
Stocks - displays analysis relating to equities/stocks e.g. AAPL, SPY, etc.
Futures - displays analysis relating to futures e.g. NQ, ES, etc.
Forex - displays analysis relating to currencies/foreign exchange e.g. EUR/USD, GBP/JPY etc.
With the exception of All, the filters are not mutually exclusive and can be individually toggled on and off. For example, selecting Long + Stocks + Futures will display all bullish analysis relating to stocks and futures symbols. Selecting All will reset the Analysis Reel back to its default state, displaying all published analysis.
- Market Coverage
We are actively working on covering new (or replacing existing) markets. ChartVPS NEXT only covers companies and markets (collectively Symbols) with high Environmental, Social, and Governmental (ESG) standards.
Futures category filter is also applicable to Exchange-Traded Funds (ETFs) and derivatives that replicate or approximate certain indices - separate tickers for such Symbols will not be issued.
Common futures and their corresonding ETFs:
ES (E-Mini S&P 500 Futures) = SPY (SPDR S&P 500 ETF)
QQQ (E-Mini Nasdaq 100 Futures) = QQQ (Invesco QQQ ETF - tracks Nasdaq 100 index)
RTY (E-mini Russell 2000 Index Futures) = IWM (iShares Russell 2000 ETF)
ZN (10-Year T-Note Futures) = IEF (iShares 7-10 Year Treasury Bond ETF)
Algorithms
- Algorithm Identifier
Each analysis ticker contains an algorithm shorthand corresponding to a specific algorithm utilized for its analysis output. For example, a ticker with a headline NQ | A1 tells you that this analysis bias for NQ (Nasdaq 100 futures) was derived using the algorithm corresponding to the A1 shorthand, which you can reference in this (Algorithms) column.
Full algorithm identifier has 4 parts to its name [CLASS]-[STRATEGY]-[VERSION]-[TARGET] which corresponds to Class of Algorithms - Strategy Type (see algorithm classes) - Version Identifier - Target Market Optimization (for example, NQ futures). The Version Identifier changes periodicaly (and incrementally) as we add new, generational optimzations to the algorithm based on emerging market data and our research.
- A1
Silicon-A-22H22-NQ
Signals based on this accumulation/distribution algorithm are typically used for building positions progressively. Alternatively, each signal can be traded in isolation with proper order management. Trained on historic and real-time data in the tech sector, this algo weighs volume analysis with price action, including momentum and statistics, to derive what it considers to be an Implied Intraday Value (IIV). If current price is below IIV, long is issued, if above, short. Use of take-profit/stop-loss/trailing stop orders recommended for defensive P/L management.
- T8
Silicon-T8-Beta full algorithm designation
Silicon Developed and trained predominantly for the tech sector (equity, futures), ChartVPS NEXT's Silicon class of algorithms gauges real-time imbalances in equity valuation.
T8 This algorithm was used during beta testing of the NEXT Signal service. Beta ended April 22, 2022 - the signals will remain in history for 30 days but the algo has now been decommissioned and replaced the next-gen, release candidate version - A1 (live as of April 25, 2022), as well as another beta - T9.
- T9
Silicon-T1-22H25 full algorithm designation
T9 This algorithm is in beta testing until April 30, 2022 - the signals will remain in history for 30 days but the algo has now been decommissioned and replaced the next-gen, release candidate version, T10. Use of take-profit/stop-loss/trailing stop orders recommended for defensive P/L management.
- X1
Silicon-T1-22JXX full algorithm designation
Silicon Slated for May 2022 release. Developed and trained predominantly for the tech sector (equity, futures), ChartVPS NEXT's Silicon class of algorithms gauges real-time imbalances in equity valuation. These imbalances (under or over valuation) typically last anywhere from under a minute to 30 minutes, with the mean being somewhere around 8 minutes. This class of algorithms incorporates statistics, price-volume analysis, and momentum to derive a bias, either bullish (long) or bearish (short). This algorithm does not identify underlying trend and should never be considered alone for longer term analysis.
X1 this subclass of Silicon is adaptable, has greater emphasis on volume analysis, and covers a broader spectrum of securities, ranging from Nasdaq futures (NQ) to ETFs like QQQ, to individual stocks, like AAPL.
- B1
Anchor-B1-22LXX full algorithm designation
Anchor this class of algorithms analyzes and compares volume and other trade data to price action and patterns, looking for alignment or divergence between the two camps. The computed output is either bullish (long) or bearish (short) bias of the market. The bias conditions remain (e.g. long / bullish) until a contrary ticker (e.g. short / bearish) is issued.
B1 this subclass of Anchor is adaptable, has greater emphasis on volume breakdown and accumulation/distribution analysis, and covers a broader spectrum of securities, ranging from Nasdaq futures (NQ) to ETFs like QQQ, to individual stocks, like MSFT.
