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A1 Edgefinder Metrics

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Market Summary Tab

This tab will show a consolidated view of all of the tracked assets available in this software. Each market tracked will showcase a summary of its total "score", calculated in points. A higher point score equates to a stronger buy bias, whereas a lower point score equates to a stronger sell bias, and a score near zero equates to a neutral signal.

Individual Market Tabs

Each of these tabs will display the in depth breakdowns for each respective asset. For example, looking at EUR/USD will display key metrics such as COT data, retail sentiment, seasonality, etc. Across the top of the sheet, you will see a summarized total score considering each of the key metrics for the market in question.

Retail sentiment

The retail sentiment metric displays data based on the positioning of retail traders. If retail traders are 60% long (or more), then this is a bearish signal, and this metric receives a score of -1. If retail traders are 40% long (or less), then this is a bullish signal, and this metric receives a score of +1.

Pullback Zone

This metric will display a potential buy/sell zone on the market in question. If the market is considered bullish, this could be a range to consider buying opportunities. If the market is considered bearish, this could be a range to consider selling opportunities. This value is calculated by using the 4 day SMA, and the 14 day SMA, and displaying the range between them.

Institutional / COT Data

Similar to the retail sentiment metric, this metric displays institutional positioning, according to the commitment of traders report filed each week. If institutional traders are 60% long (or greater), this is considered a bullish signal, and the score is +1. If institutional traders are 60% short (or greater), this receives a score of -1.

Targets

This metric displays potential targets to consider. If bullish, this will show three targets to consider above price, and if bearish, this will show three targets to consider below price. This is calculated using the MIN, or MAX of the last 4, 7, or 14 historical days.

Price chart

On the individual tabs for each market, you will see a historical price chart, showing the daily closes for the market in question. Additionally, there are a few simple moving averages displayed on the screen. These moving averages are the 4 day SMA, the 7 day SMA, and the 14 day SMA.

Unemployment comparison

This metric will display a side-by-side comparison of historical unemployment data from each respective market. On markets like gold and S&P500, this data will only display the US unemployment data.

Conservative SL

This value displays a conservative SL idea. It will display a price point below the 14 day SMA if in a bullish signal, or above the 14 day SMA if in a bearish signal.

Signal / overall bias -

The signal / overall bias is an output shared at the bottom right hand of the screen on each individual market view. The bias is calculated based on the total output score. A strong negative score results in a sell bias, and a strong positive score results in a buy bias.

GDP comparison

This metric will display a side-by-side comparison of historical GDP data from each respective market. On markets like gold and S&P500, this data will only display the US GDP data.

Aggressive SL

This value displays a aggressive SL idea. It will display a price point below the 7 day SMA if in a bullish signal, or above the 7 day SMA if in a bearish signal.

Seasonality

The seasonality metric compares the historical performance of the market in question, month to month. If historically the current month was a positive month for the market, the score is +1 for this metric, otherwise if it is negative, it receives a -1 score for this metric.

Interest rate divergence

This metric shows the difference between the respective interest rates offered by the primary and secondary currency. For example, for EUR/USD, let's say the EUR offers 0%, and the USD offers 0.5%. This would result in a 0.5% bias towards USD, and result in the EUR/USD receiving a -1 score for this metric.
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