Predicting Breakouts Software

[BlitzMX]

Hi everyone.

Does anyone know a software for breakout alerts on mini sp500, or any other alerts on this mini future?
Dot sure this makes sense but i was hopping to find a better way to predict some kind of movemente instead of just looking at it.

Thanks.

[MonkeyTrader]

Hi everyone.

Does anyone know a software for breakout alerts on mini sp500, or any other alerts on this mini future?
Dot sure this makes sense but i was hopping to find a better way to predict some kind of movemente instead of just looking at it.

Thanks.

Did you write this inside some form of hazy dream ? ?

[BlitzMX]

No

And the answer would be: "Stockastics".

[MonkeyTrader]

Do you mean you think the answer is the "Stochastics" indicator ?

Sorry, then I must have misunderstood the question. I thought you were looking for some software solution that didn´t exist, some "predictor" which would automate it for you.

The point is that you asked for software that "predicts breakouts", this in my opinion is not available. Especially if you are not going to sit there and watch. This said, there are some alerts that I can set inside my platform, so if the stock is in a range, I can get it to alert me when it breaks that price range (I don´t use it, but I know it´s available) - But still, it doesn´t predict the actual breakout.

However many indicators/studies etc there are, I don´t really think any will actually predict breakouts for you, especially whilst not watching - Maybe I´m wrong, but I would like to be proven wrong. Stochastics is all well and good, but its an oversold/bought indicator for "reversals" and not a breakout predictor.

I haven´t used it much but from what I know about it, I don´t think it will predict breakouts.. Will it ?

PS. I think this should go onto its own Topic.

[Bon]

Topic Split onto its own by Admin. Renamed as "Predicting Breakout Software"