Traido is a young start up that enables traders to set alerts on false breaks: one of the most painful patterns that forex traders encounter.
There are additional patterns that traders can set alerts for. Here is more information from the company, including what’s next in the pipeline:
- Expressing the trader’s strategy is a very simple process. All he needs to do is draw his analysis and create sentences that describe his thoughts.
- For example, if a user draws a trend line and wants to get a mobile notification when the price breaks it by more than 25 pips, then the sentence he will create is “If Price reaches line 1 + 25 pips”.
Examples:
Upcoming features:
- Watch and use other traders’ alerts
- Support for candle patterns in the sentence
- Support for oscillators in the sentence
Down the road:
- Mobile app with options to support trading actions upon mobile notifications
- Semi-automatic trading: Receive alerts and automatically execute corresponding trades
- Mobile notifications when important events occur in the trader’s trading account: SLTP are taken, pending order executions, etc’…