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Often other information such as fundamental factors, news, trend-lines or multiple indicators are used.
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Generally, the Option Alpha Signals report reveals some very interesting data that is very eye-opening.īy buying the Signals report, you will gain access to 3 documents: However, the most profitable indicators were all longer-term indicators. Most people use indicators for relatively short-term trading. But this research report actually reveals that technical indicators shouldn’t necessarily be trusted since most of them don’t work.įurthermore, this report reveals that the few indicators that work, work because they are used very differently than most people use technical indicators. Most people (including the mainstream financial media) just accept the reliability of technical indicators.
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Option Alpha Signals report is all about technical analysis indicators and their reliability. I own the report and will present my view on it in the following Option Alpha Signals review. One specific indicator even beat the market by 2602%.
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Only a few managed to generate a considerable return. The research revealed that about 95% of technical indicators failed to beat the market. In it, you can find the results of the backtesting of 17.34 million stock trades over 20 years. Option Alpha offers an extensive technical analysis backtesting report.