Founded by passionate mathematicians and Big Data specialists,
XOSignals is a global provider of trade signals. The company develops some of the most accurate
trading signals for the forex, commodities, gold, stocks and crypto markets,
including for trading CFDs.
The XOSignals team vision is to provide advanced financial signals for
trading the financial markets, empowering traders to make informed decisions. Their
advanced financial analysis software is available via mobile apps and as a
desktop version, offering both free and paid versions to suit every type of
trader.
The Need for Trading Signals
Used by retail and large institutional traders, trading signals accurately
identify buying or selling opportunities. Trade signals are generated through
robust technical analysis, based on the market performance of the
asset, along with fundamental and quantitative analysis, plus other market
factors, like economic indicators. The goal is to provide traders an automated system,
devoid of human emotions and errors, to predict potential price changes and the
direction of change.
Additionally, trade signals also do the task of educating the trader.
With these signals, traders can determine the logic behind their trades. This
shortens their learning curve.
How XOSignals Trade Signals Work
The XOSignals app is already being used by more than 1 million
traders. The app makes complex market trading easy to understand and assess, even
for beginner traders. The signals are based on software generated technical
analysis. These can help identify variations of values within an economic
system, long before they are witnessed in the marketplace.
Some of the inputs used by the app include:
1.Technical Patterns
Technical patterns are distinct formations that are created by the
price movements of an asset on a chart. The pattern is identified with the help
of a line connecting the common price points, such as lows or highs, or the
closing prices, within a timeframe. These patterns are used to predict future
price movements of the asset.
2.Moving Averages
Moving averages is a statistical calculation, used for analysing data
points. The calculation is done with the help of a series of averages of the
various subsets of the complete data set. The moving average helps in creating
a constantly updated average price of an asset by smoothening out the price
action. This minimises the effect of unexpected, short-term fluctuations on the
price.
Moving averages are used for identifying support and resistance
levels, or the trend direction of a security.
3.Volume
Volume refers to the amount of a security or asset that is moved
during a particular period of time. Usually, assets that see higher trading
volumes tend to be more liquid. This makes volume an important factor to
consider when opening a position in the market.
4.Interest Rates
Changes in interest rates can also lead to changes in the price of
stocks, commodities and currencies.
5.Volatility
Volatility refers to how much swing the price of an asset experiences
during a particular period. Assets that see greater volatility are considered
riskier, since their price movements are more difficult to predict. But these
price fluctuations also provide great trading opportunities for skilled traders
6.Market Cycles
The financial
markets tend to move in a cyclical manner. This essentially means that a period
of price rise is likely to be followed by a period of price decline and vice
versa.
7.Market Sentiment
Market sentiment refers
to the attitude of investors towards a certain financial market or an asset. It
is generally used as a contrarian indicator.
8.Valuation
Valuation is the
process of figuring out the projected or current worth of an asset. An
incredibly high valuation, in comparison to the market, stock, or sector, can lead
to sell signals.
When trading
signals are generated by taking all these factors into consideration, the
accuracy of the signals are likely to be incredibly high.
Benefits of Using the XOSignals App
Technical analysis requires the evaluation of market occurrences at an
incredibly detailed and in-depth level, which can be complex. It takes time to
master the ability to read charts and identify trading signals. However, with
the XOSignals mobile trading signals app, all the calculations are completed by
the software and the result is presented in an easy-to-understand formal.
The IT professionals at XOSignals use the highest levels of security
while communicating signals, with cutting edge technology being used to make
market predictions. The company also offers excellent customer support to help
beginners navigate the complex financial markets.
“We realised very quickly that one of the trading challenges,
especially for beginners, was analysing the market effectively to identify
trading opportunities. It’s something nobody talks about which creates a
knowledge vacuum. That’s why we created an app that would provide support to
traders, regardless of their level of experience.” stated Yossef A, Chief Operating Officer
at XOSignals.
Some of the key advantages of XOSignals are:
Compatibility
Today’s traders want to stay connected to their trades even on the go.
This is exactly what XOSignals helps achieve with its highly compatible and
multilingual app. The app can be accessed on a mobile device, desktop or tablet.
Both the mobile app and desktop platform can be used for automated trading.
Live Trading Signals
Forex, stocks, index and crypto trading signals are available on both
the demo and live account. Traders can also access live price feeds and a live
charting service.
Additionally, traders gain the benefit of live support where they can
chat with almost 1 million traders across 25 countries and participate in
social trading.
Free Forex Trading Signals
Most platforms or apps that promise free trading signals may have
hidden costs or might not be based on robust, cutting-edge technical and
fundamental analysis. This makes them less accurate and reliable, doing more harm
than good.
XOSignals offers free stocks and forex signals, developed with
advanced software-generated technical analysis. To date, traders have won over
183,500 pips via these signals. This is one of the best figures in the market.
Customised Updates
To cater to the needs of diverse types of traders, XOSignals offers customised
trading signals helping them develop suitable trading plans. XOSignals takes
into account how a specific client’s account has performed in the past, the
expected future events, and what the technical indicators are pointing towards
to prepare the customised updates. This feature is not offered by most of the
other trading signal providers.
Forex Charts
With XOSignals, traders gain quick and easy access to all analytical
reports, charts, and forex data. They no longer need to search through different
sites for the information they need to make trading decisions.
Free Open Chat
Traders
also gain access to a unique live chat. With this chat box, users can interact directly
with traders from over 25 countries. To ensure smooth communication between
users, the chat comes with an auto translation feature. This helps create a
much more inclusive and educational trading community.
Support for Beginners
XOSignals offers prompt and responsive support to all levels of
traders and provides rich resources through the education section on the platform. Here traders can choose from six courses
that teach them to navigate the markets.
More than 5,000 traders have benefited from these courses, which have
seen a success rate of around 97%.
Leaderboards
The XOSignals app also has a leaderboard feature.
Here, users can follow top traders and see how they deal with various market
conditions. Traders can check the total pips won, win streak, and signals
chosen.
Free vs VIP Trading Signals
There are 2 types of accounts on the XOSignals trading signals app.
The first is the free basic plan where traders can access a wide range of
features, including the dashboard, live feed, leaderboards, and win ratio.
The second type of account is the VIP account, which requires a monthly fee where traders
gain access to features including:
- Daily
Market Signals - Long Term Strategy
- Email
Signals + Support - Dedicated
Relationship Manager - Trading
Objectives Review - Free
Telegram Signals - 1-on-1 with
XOSignals Head of Research - Mobile
Access - US Stocks
Analysis + Signals - CAC, DAX
Stock Analysis + Signals
XOSignals is a global trade signal provider for a wide range of
financial instruments. The XOSignals app backs the trade signals with sound
technical analysis. With a successful track record of four years, the company
has already garnered a user base of over 1 million traders.
For more information,
click on: https://xosignals.com/en/vip