VistaTrades is a trading tool designed to help you stop guessing, and take the emotion out of trading in the stock market. Its an overbought / oversold screener that uses the trademarked TriVista Indicator (TVI) and the TriVista Signals.
Version: 2.8.9VistaTrades is a trading tool designed to help you stop guessing, and take the emotion out of trading in the stock market.
Operating System: Windows
Its an overbought / oversold screener that uses the trademarked TriVista Indicator (TVI) and the TriVista Signals. The TriVista Indicator is a proprietary blend of three overbought / oversold indicators, RSI, Stochastic and PercentR.
The TriVista Buy Signals and the TriVista Sell Signals are generated based on the behavior of the TriVista Indicator.
The TriVista Indicator has a value between 0 and 100, and the value from day to day is what is 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).
VistaTrades uses a screening method to come up with a list of potential stocks, ETFs, or mutual funds to buy on any given day in the past, or today.
This is called the Screener and is usually run after the market has closed for the day, but can be run while the market is open using intraday prices. The Screener can also be set to look for potential sells, but only for todays data, not past data.
Setting the Screener to look for potential buys in the past is for testing and validating VistaTrades: You pretend a past date is today, pick a few from the screener results for that day, and then see what would have happened had you actually bought them.
VistaTrades uses a concept called Index Monitoring where it will constantly keep track of the TVIs on three major indexes; the Russell 1000 Index, the S&P 500 and the Nasdaq Composite.
While the screener is running, 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
Version 2.8.9: Signaling for buys and sells