VistaTrades is a stock market trading software that eliminates emotional trading decisions by using the TriVista Indicator and TriVista Signals for overbought and oversold screening. The tool helps traders make informed decisions and avoid guessing.
If you're looking to stop guessing and take emotions out of trading in the stock market, VistaTrades is a tool that can help. This software offers an overbought/oversold screener that uses the TriVista Indicator (TVI) and TriVista Signals, trademarks that are proprietary to the tool. TVI is comprised of three overbought/oversold indicators: RSI, Stochastic, and PercentR.
TriVista Buy and Sell Signals are generated based on the behavior of TVI, which has a value between 0 and 100, and the value from day to day is what's used to construct the purple TriVista Indicator graph. When the TriVista Indicator is greater than 70, the security or index is in the Sell Zone (overbought). When the TriVista Indicator is below 30, the security or index is in the Buy Zone (oversold).
The software offers a screening method used to create a list of potential stocks, ETFs, or mutual funds to consider buying on any given day in the past or present. This process is referred to as the Screener, which is typically run after the market has closed but can also be run while the market is open using intraday prices. While the screener can be set to look for potential sells, that's only for today's data, not past data. The Screener can search for potential buys in the past for testing and validation.
VistaTrades also offers a concept called Index Monitoring, which keeps track of TVIs on three major indexes: the Russell 1000 Index, the S&P 500, and the Nasdaq Composite. During screener runs, the conditions of these three indexes will be shown in the lower left-hand corner. If an index is overbought (TVI>70), the index and its TVI value will be colored red. If an index is oversold (TVI<30), the index and its TVI value will be colored green.
TriVista Buy and Sell Signals are generated based on the behavior of TVI, which has a value between 0 and 100, and the value from day to day is what's used to construct the purple TriVista Indicator graph. When the TriVista Indicator is greater than 70, the security or index is in the Sell Zone (overbought). When the TriVista Indicator is below 30, the security or index is in the Buy Zone (oversold).
The software offers a screening method used to create a list of potential stocks, ETFs, or mutual funds to consider buying on any given day in the past or present. This process is referred to as the Screener, which is typically run after the market has closed but can also be run while the market is open using intraday prices. While the screener can be set to look for potential sells, that's only for today's data, not past data. The Screener can search for potential buys in the past for testing and validation.
VistaTrades also offers a concept called Index Monitoring, which keeps track of TVIs on three major indexes: the Russell 1000 Index, the S&P 500, and the Nasdaq Composite. During screener runs, the conditions of these three indexes will be shown in the lower left-hand corner. If an index is overbought (TVI>70), the index and its TVI value will be colored red. If an index is oversold (TVI<30), the index and its TVI value will be colored green.
What's New
Version 2.8.9: Signaling for buys and sells