HorizonSM is a custom 100% automated DAY TRADING engine that monitors a list of NASDAQ and NYSE stocks, with a prior close of $50 or less, looking for and alerting day traders of ones that can potentially move up or down fast intraday. Alerts are presented through our client software Gazer which also provides a tool to see potential support & resistance points on stocks you are trading. These are the prices that buyers and sellers are expected to show up in force whether you are trading stocks from our alerts or your own watch list.
Our system uses NO traditional price drawn indicators like moving averages, Bollinger Bands, RSI, MACD, and so on. Instead, we use fixed price points that MOVE PRICE and are available before a stock trades.
Emotion as always moves price in direction, distance, and speed. Typical technical indicators track where price WAS, in other words are drawn by price movement. Our system calculates price points that act as barriers (support & resistance) and affect how price moves.