A1 Trading Company

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Scorechart Summary

The scorechart summary page allows viewers to sort our total list of assets by any particular metric, such as total score, bias, COT score, etc. This data is updated hourly.

Smart Money Tracker

The smart money tracker page allows users to get a total look at our imported COT data, and what non commercial positioning is currently reading on each major asset. This data is updated weekly on Friday/Saturday.

This data comes from the commitment of traders' reports filed weekly by the CFTC. We specifically use the non-commercial positions found in the legacy report filed, as we believe these are the most useful to traders. The non-commercial positions include that of large trading speculators. Note: we ignore the commercial positions as they are not specifically speculating on future prices, but instead often using the markets as a hedge.

Retail Sentiment

The retail sentiment page allows users to get a closer look at retail positioning on each asset available. It will display the percentage of long/short positions (in percentage) held by retail traders. This data is updated hourly.

GDP Growth

The GDP growth scanner offers a visual representation of GDP growth among major economies globally. It will also allow you to look historically at past GDP growth levels.

Unemployment

The unemployment scanner offers a visual representation of unemployment among major economies globally. It will also allow you to look historically at past unemployment levels.

Historical Backtest

The historical backtest section will show a 30 day lookback period on the EdgeFinder, showing the recorded scores each day for each asset.

Market Heat Map

The market heatmap page allows users to quickly view which markets are moving the strongest or weakest on the current day. For example, this may show that the Euro is moving up today, and that the US dollar is moving down today. This can be useful for quickly scanning for big movers in the market. This data is updated hourly.

Economic News

The economic news page allows users to quickly view upcoming major scheduled news announcements. This can be useful for scanning for potentially market moving events, in case traders want to make adjustments prior to the release.

Fed Tracker

The Fed Tracker page allows users to get a closer look at federal reserve forecasts, like interest rate and inflation projections. It also breaks down the latest reported figures, and how they may impact markets like gold, the US dollar, and US indices. This data is updated hourly.

Price Forecast

The price forecast feature displays short term projections for each asset, based on the trend reading metric, and standard deviation. Please note, these are general projections, and may adjust as time passes or trends change.

Inflation

The inflation scanner offers a visual representation of inflation among major economies globally. It will also allow you to look historically at past inflation levels.

Interest Rates

The interest rates scanner offers a visual representation of interest rates among major economies globally. It will also allow you to look historically at past interest rate levels.

Individual Market Summary Pages

Major Currency Pairs

The major currency pairs category will show you a list of the 7 major currencies, relative to the dollar.

Commodities

The commodities category will show you a list of commodities our software tracks. This includes assets like gold and oil.

Minor Currency Pairs

The minor currency pairs category will show you a list of the remaining fx crosses / currencies our software tracks

Indicies

The indices category will show you a list of indices our software tracks. This includes assets like SPX500 and UK100.

Scoring

Total Score / Bias

Our scoring system takes into account all metrics applied to a particular assets, and reflects a total sum of all

For each asset in the EdgeFinder, we use a total scoring system to compute an overall bias. This scoring system takes into account all available metrics, and returns the sum of each. Generally, a higher number indicates a bullish reading, and a lower number indicates a bearish reading. The higher or lower the output value, the stronger or weaker the bias.

The output bias can be one of the following: strong sell, sell, neutral, buy, or strong buy. If a score has a -5 value, it will receive an output bias of "strong sell". If a score has a +0 value, it will have an output bias of "neutral". If a score has a +4 value, it will have an output bias of "strong buy".

Please note, this is not a recommendation to buy or sell any financial asset. The EdgeFinder is intended for informational use only. Please refer to our disclaimer for more details. https://a1trading.com/disclaimer/

Retail Sentiment

The retail sentiment metric displays data based on the positioning of retail traders. For us, this is a contrarian signal producer.

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.

Trend Reading

We define the trend score based on a few simple indicators. We use the daily chart, and 3 exponential moving averages: the 3 day EMA, 6 day EMA, and 13 day EMA

W = 3 day EMA
X = 6 day EMA
Y = 13 day EMA

Here is our calculation for trend, in the backend:
=if(and(W2>X2,X2>Y2),2,if
(and(W2<=X2,X2>Y2),1,if(and(W2=X2,X2

Inflation

For currency pairs:
When comparing a currency pair, the inflation metric may indicate which economy is in better monetary condition. Higher inflation is a sign of currency weakness, and lower inflation is a sign of currency strength.

If currency 1 inflation < currency 2 inflation, +1
If currency 1 inflation > currency 2 inflation, -1
If currency 1 inflation = currency 2 inflation, +0

For commodities:
If latest inflation change in the US > 0, +1
If latest inflation change in the US < 0, -1
If latest inflation change in the US = 0, +0

For indices:
If latest inflation change in the US > 0, -1
If latest inflation change in the US < 0, +1
If latest inflation change in the US = 0, +0

Interest Rate

For currency pairs:
A higher interest rate is generally considered bullish for the value of a currency, but for pairs, we will need to compare both currencies in the equation.

If currency 1 interest rate < currency 2 interest rate, -1
If currency 1 interest rate > currency 2 interest rate, +1
If currency 1 interest rate = currency 2 interest rate, +0

For commodities:
If latest interest rate change in the US > 0, -1
If latest interest rate change in the US < 0, +1
If latest interest rate change in the US = 0, +0

COT Data

The COT metric displays institutional positioning, according to the commitment of traders report filed each week. The scoring sequence for this metric is as follows:

For currency pairs:
This metric will display a side-by-side comparison of COT data for each currency.

If currency 1 long % > 60%, +1
If currency 2 long % > 60%, -1
If currency 1 short % > 60%, -1
If currency 2 short % > 60%, +1
Output value is the total sum of all

For commodities & indices:
For individual assets, COT data for that isolated asset its considered. If there is "significant" long or short exposure, a bias is generated, as defined below:

If asset long % > 60%, +1
If asset short % > 60%, -1
If asset long % is > 40%, and < 60%, +0

This data comes from the commitment of traders report filed weekly by the CFTC. We specifically use the non-commercial positions found in the legacy report filed, as we believe these are the most useful to traders. The non-commercial positions include that of large trading speculators. Note: we ignore the commercial positions as they are not specifically speculating on future prices, but instead often using the markets as a hedge.

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.

Our data goes back as far as 2012 on most assets, and utilizes daily open and close data to derive an approximate monthly performance.

GDP Growth

The GDP indicator pins the most recent change in GDP growth numbers. A positive change in growth would suggest a sign of expansion, and the asset would receive a worse score than an asset that is showing economic contraction.

For currency pairs:
This metric will display a side-by-side comparison of historical GDP data from each respective market.

If currency 1 GDP < currency 2 GDP, -1
If currency 1 GDP > currency 2 GDP, +1
If currency 1 GDP = currency 2 GDP, +0

For commodities & indices:
If most recent change in GDP is +/-, it may have varying impacts on assets. This is explained on each individual sheet. A simple example is gold. If the most recent GDP change in the US is positive, this is expected to have a slightly negative impact on the price of gold, due to more confidence in US economy.

Unemployment

For currency pairs:
The unemployment metric determines a currency’s strength compared to the other’s unemployment rate. A lower unemployment rate would indicate strength while higher unemployment means a weaker score.

If currency 1 unemployment < currency 2 unemployment, +1
If currency 1 unemployment > currency 2 unemployment, -1
If currency 1 unemployment = currency 2 unemployment, +0

For commodities:
If latest unemployment change in the US > 0, +1
If latest unemployment change in the US < 0, -1
If latest unemployment change in the US = 0, +0

For indices:
If latest unemployment change in the US > 0, -1
If latest unemployment change in the US < 0, +1
If latest unemployment change in the US = 0, +0

Valuation Metric

This feature is specifically catered to a country’s stock market. The valuation metric determines whether an index is overvalued or undervalued based on its PE ratios, forward PE, past EPS growth, projected growth, and sales growth in a five-year period.

FAQs

Can i view the edgefinder on my phone?

Yes! Click here to view a video on how to access the Edgefinder from your phone. Please note: browsers like safari often have troubles access the Edgefinder. If the page won't load try using a different browser!

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