Stock Market Guides Enhances Scanner Technology with Historical Trade Setup Performance
Stock Market Guides has rolled out a significant upgrade to its stock scanner technology, now incorporating historical performance data for identified trade setups. The enhancement allows traders to assess how specific setups, like oversold stocks based on RSI indicators, have performed in the past before executing trades.
"Active traders often rely on popular setups like oversold RSI conditions," said Andy Yuda, Senior Consultant at Stock Market Guides. "Now, they can backtest these strategies against historical data to validate their effectiveness."
The innovation addresses a critical gap in trading tools by merging real-time scanning with empirical performance metrics. No cryptocurrencies or exchanges were directly referenced in the announcement.