The Signals module allows users to subscribe to professional traders (Pro Traders) for real-time signals, news, and updates. These signals help traders make informed decisions by providing actionable trade information. Users can swipe to execute trades directly in connected accounts or set up auto-trading based on predefined risk parameters.
This module enables copy trading to mirror Pro Traders strategies in near real-time. The module ensures flexibility with manual modifications and automated execution to streamline the trading process.
- Real-Time Trading Signals: Follow signals shared by professional traders, including buy/sell targets, stop-loss levels, and profit targets.
- News and Market Updates: Get the latest market insights and news directly from Pro Traders.
- Swipe to Execute Trades: Execute trades instantly with a swipe gesture in your connected brokerage accounts.
- Automated Trading: Configure auto-trading with custom criteria and risk parameters for automatic execution.
- Connected Accounts: Manage both manual and automated trades via your linked brokerage or exchange accounts.
- Alerts and Updates: Set alerts for active trades and track updates on trading strategies.
- Subscribe to Pro Traders: Choose traders offering signals and market insights to receive real-time updates.
- Receive Trading Signals: Once subscribed, signals will appear in the Trades section, including:
- Buy Price
- Sell Price
- Stop-Loss Levels
- Quantity
- Gain %
- Swipe to Execute: Execute trades in your connected accounts using a simple swipe gesture.
- Modify and Adjust: Before executing, adjust quantities, prices, or alerts as needed.
- Auto-Trading: Automate trades by setting predefined criteria and risk levels for hands-off execution.
¶ Trades, Updates, and News Filters
The Filters feature allows users to focus on relevant trades and updates with precision:
- Symbol List: Filter by comma-separated symbols. Example:
AAPL, TSLA, FB.
- Trade Status: Select from open, closed, or stopped trades (default: Open).
- Trade Type: Filter based on the type of trade:
- Day Trade
- Swing Trade
- Long-Term Trade
- View Period: Choose a time range to view:
- Past Week
- Past Month
- Past Year
- All Time
¶ Understanding Trades
Note: Not investment advice. See the full list of disclaimers at https://tradegrub.com/disclaimer.
- Buy: Includes multiple levels (B1, B2, B3). Green indicates a completed buy level.
- Sell: Features sell levels (S1, S2, S3). Green indicates a completed sell level.
- Stop: Setting a Stop-loss is essential for all trades. Use trail-stops for dynamic management.
Alerts can also be used for extended market hours to manage stop-loss orders.
- Avg: Displays the average purchase price based on cost averaging.
- For swing or long-term trades, purchases are split into 15%, 25%, and 60% at B1, B2, and B3, respectively.
- Mark: Real-time price quote, based on the data source configured for the account. By default, the price quote is delayed.
- Qty: Shows total quantity for a trade.
- Partial quantities are highlighted in green and displayed as "Partial Qty / Total Qty".
- Gain: Displays the range of profits from S1 to S3 sell levels.
- Tag: Identifies the trade type:
- "D": Day Trade
- "S": Swing Trade
- "L": Long Trade
Each tag is color-coded for quick identification.
- Open: Records the time when the trade was initiated.
- Close: Marks when the trade is closed. No further buys are allowed after closing, but stop-loss must remain active to exit if the trade turns negative.
- Amber Dot Indicator: Indicates an active position for the default account.
When placing an order by swiping right on a trade, the order form is pre-filled with the trade’s details for quick execution. Users can adjust the following parameters as needed:
-
ADJUSTED Qty: Automatically adjusts based on available investment.
- Options: Click Adjusted to switch between preset quantities:
0.75, 0.6, 0.5, 0.25, 0.15.
- Alternatively, manually enter a quantity in the text box.
-
BUY Price: Defaulted to B1 price.
- Click the green BUY button to change the buy price to B2 or B3 levels.
-
SELL Price: Defaulted to S1 price.
- Click the red SELL button to adjust to S2 or S3 levels.
-
STOP Price: Shows the default stop-loss price.
¶ Order Type and Time in Force (TIF):
- Order Type: Choose between Limit or Market orders using the dropdown.
- TIF Options:
- DAY: Valid only for the trading day.
- GTC: Good till canceled.
- GTC_E: Good till canceled with extended hours.
¶ Stop Orders and Trailing Stops (TSTP):
- Stop Orders: Switch between Standard (STD) and Trailing Stop (TSTP) orders.
- Trailstop Offsets: Click the STOP button to select:
- ATR: Average True Range
- 3ATR: 3x Average True Range
- 6ATR: 6x Average True Range
-
Note: Visit Support -> FAQ for more on trailing stops and ATR offsets.
- Order Routing: For certain brokers, select custom routing options:
- Switch from SMART routing (default) to NASDAQ or ARCA.
- Order (Swipe Right): Place an order with pre-filled trade information.
- Set Alert (Swipe Left): Set alerts for trades with pre-filled details.
- Updates (Swipe Left): View the history of updates for the trade, including changes to strategies.
Displays buy/sell prices, stop-loss, and gain percentages from professional traders.
¶ Set Alerts and Updates
Manage alerts and updates for trades.
Place orders or view trade information quickly.
Track updates from pro traders.
¶ Auto Trades and Settings
Configure auto-trading and risk management.
The Signals module empowers users with real-time trading signals, market insights, and automation options. With filters for trades, news, and updates, as well as the ability to adjust orders directly from trades, this module ensures efficient portfolio management. Advanced features like trailing stops and order routing offer users flexibility and control, whether they trade manually or through automation.
Tip: Enable alerts for active trades and use TSTP with ATR-based offsets to maximize profits while managing risks dynamically.