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Trade Alert Application


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Trade Alert Application

  1. 1. Forex Trade Alert Software Day Trading Alerts & End-of-Day Trade Alerts PREDICT YOUR NEXT MOVE
  2. 2. The Client is a global player in training and coaching people to invest wisely and make profits by trading Forex, Exchange-traded funds (ETFs), Stocks etc. Forex trading alert software constantly monitor the market for high-probability real- time buy and sell opportunities of Forex. The Client specializes in building over a dozen of effective trading systems, techniques that can predict with a high level of accuracy for fast and effective trading on 8 major Forex pairs. Headquartered in NorthAmerica, it services a host of international clients online. The Client The Client's envisioned versatile, dynamic and automated Forex trade alert software that spoon feeds trade alerts when a trade has setup and Entry should occur, the application can send alerts via Email and SMS message. Client designed Trading algorithms to generate trade alerts with precise trade entry & exit signals and automated trailing stop-losses. The Forex Trade Alert Software trigger alerts on Day Trading Forex and End-of-Day Forex Trade. Sigma Infosolutions' proposed .NET technology to build the application from concept to an end-product. Business Case “40% cost savings on functionality development Executive Summary The Client understands the need of trusted Forex trade alerts and thus conceptualized the Forex trading alert software which automatically shield users' Forex account form risk, predict the 5-day trend of the 6 best Forex markets; Day Trading Forex alerts and has the ability to send alerts via email or SMS message, Pop-up for notification purposes for the alerts it generates. Whenever a new signal is generated by a trading method, a trading alert will be sent immediately to the admin, so that one can take advantage of the opportunity before it's gone. The application is an automated Forex trade alert engine which allows the users to monitor, analyze and manage, forecast Forex trade. The application can send Day Trading Forex lerts and End-of-Day Trade Alerts. The automated engine leverages Dashboards and Analyzer tools for additional analysis and visualization. Built on .NET technology, the application extends numerous customization capabilities to users with analytical front-end. The Forex Trade Alert software is built on complex technical analysis and supports built-in ever-growing Library of market indicators and strategy trading system. The alerts are produced on data which is fetched real-time on the charts and the last bar changes as fresh data is received from reliable and trusted Forex data feeds. These alerts are based on specific trading system algorithms and can help traders to make trading decisions, whether or not a user should enter the trade. These alerts assist in easy decision-making and to make quick judgments, it's very important for foreign exchange transactions. The software is integrated with international Forex feed providers like Xignite, FXCM, MorningStar. Sigma Infosolutions’.NET team successfully compiled the architecture required for the project. Day Trading ForexAlerts Day Trading Forex Software that has 3 trading methods suited to the needs of various kinds of users, profitability, risk and trading habits. The software has been modelled around thin user, thick server architecture. It monitors USDCAD, USDCHF, USDJPY,AUDUSD, GBPUSD, EURJPY, EURGBP and EURUSD currency pairs. Solution
  3. 3. Technology  .NET  Java Script  PLSQL  PDI Business Benefits  40% cost savings on functionality development  Complete set of data, functioning alarms in real-time  Ongoing operating costs at or better than budget  Low system Overhead and lower support costs Next Phase Client has chosen Sigma Infosolutions as Solutions Adviser. In next phase Client wants to build similar robust applications on Forex Alert Software and Smartphone & Tablet ForexApps. The application being a day trading software provides 5-, 10-, 15-, 30-, and 60-minutes time-frame to select from and issues alerts based on the time-frame and have candlestick charts for each time-frame. The user chooses the time-frame and real-time data shows up on the chart page. The application delivers the recommendations on each of the 8 currency pairs for the 3 trading methods processed for each of the 5 time-frame. The system is built around 3 well-devised trading strategies which use statistical and technical indicators, like Average Directional Index, TrueRange, Average TrueRange, Exponential average, SlowK, FastK, SlowStochastic, SlowKCustomOrig, Swing High/Low calculations to identify suitable trends to trade in the market. The application allows users to subscribe to SMS, Emails, Pop-up alerts for notification purposes for the alerts it generates. Key Modules Developed o UserApplication-Windows, Build User application for Windows Platform o UserApplication-Mac Build User application for Mac Platform o Data feed Server Integration o Back-end Server –Alerts Processor End-of-Day Trading ForexAlerts The application is an End-of-Day Trade Alert Software with different modules and algorithms, designed to produce alerts. The application uses 4 trading methods suited to the needs of various kinds of users, profitability, risk and trading habits. The 4 well-devised trading strategies uses statistical and technical indicators, like Average Directional Index, TrueRange, Average TrueRange, Exponential average, SlowK, FastK, SlowStochastic, SlowKCustomOrig, Swing High/Low calculations to identify suitable trends to trade in the market. The application monitors 8 most traded currency pairs. They are EURUSD, AUDUSD, EURGBP, EURJPY, USDCHF, USDJPY, GBPUSD, USDCAD. The application processes the live feed at Market close and sends out alerts to its users. The alert identifies Entry Price, Stop Price, and Profit Target etc. Once alerts takes market position, it subsequently keep them updating with Stop price based on price movements. The system is built to identify trends in both kinds of market scenario i.e. Long & Short Trade. The application is equipped to send out all kind of Trade alerts like BUY, SELL, SHORT SELL, BUYTO COVER, PROFITTARGET HIT, TRAILSTOP CHANGE, etc. The user can subscribe to any or all the recommendations for all currency pairs and Trade types (Long & Short). The application keeps a track of the performance of each Strategy based alerts until the trade is live. The application is built to support users who have subscribed to various Trading Strategies through Emails, SMS's, Pop-up alerts to users subscribe to each exchanges and strategies.
  4. 4. “Trade Alert Software with Trading Alerts - Email, SMS, and Instant Message New To Forex? Need Forex Trading News, Charts, Signals, Strategy, Analysis Daily? Use ForexAlert Software Challenges & Successes o Feed Capturing and set-up various kinds of notification alerts to ensure bad feed, service failure and untoward incidents are kept at bay. HLOC (High, Low, Open & Close) data calculation from tick data and setting up automated infrastructure to support the application. o Enabling the system with various ways of processing, day processing, selective processing, single currency & strategy processing and reprocessing of the history data. Initially the application just had a daily & fixed time based frequency processing infrastructure, but as the solution evolved we faced the need to enable the application with Single Currency & Single Algorithm processing to handle exceptions if any, individually without impacting or affecting the other currency data or information. Further the application was integrated with exchange wise setup to handle processing of symbols under one exchange. Tracking and analysis of the validity of the various alerts, entry condition, profit target hit condition, stopped out alerts etc. Sigma Infosolutions formulated an approach to test and validate the correctness of the application with different data points. An automated Forex Alert Software can easy your needs. Reduce your risk aversion with system which can help you with, o Legitimate Techniques o TrendAnalysis and Timing o Precise Entry and Exit Points o More than 1,600+ Pips per month o Real-Time Forex Alerts by email, SMS o 100%Automated System
  5. 5. Trade Alert Systems meet market-critical standards of redundancy What’s Yours Edge? About Sigma Infosolutions “  Sigma Group, an Indian conglomerate has more than 4 decades of experience in Mining, Chemicals Manufacturing & Export, Handicrafts Manufacturing & Exports, and Software Development  Sigma Infosolutions is a TUV certified ISO 9001:2008 & ISO 27001:2005 company  Headquartered in US with development center in India  Some of our esteemed customers include Airtel, Zyme Solutions, Yodlee, Celerity Consulting, Resolution Economics, Birla Global Asset Finance, Fosroc Chemicals, Surgery Planet etc.  Sigma Infosolutions’ services comprises of application development, application management, IT Consulting, Offshore testing, and Website and Portal Development Sigma Infosolutions, Sigma Towers, #66/A, 13th Cross 6th Main, JP Nagar, 3rd Phase, Bangalore- 560078 Telephone: +91-80-40865100 Sigma Infosolutions, 2082 Michelson Dr. Suite 100, Irvine, CA 92612 Telephone: +1-714-717-1826 Fax: +1-866-405-6750, Toll Free: 1-888-861-7360 Website: E-mail: Toll Free: 1-888-861-7360