SportXtrader Trade Indicators

If you click on any of the charts associated with a market selection, the app will hide the rest of the field and display the trade indicators for that selection.

SportXtrader Indicator #

Using a unique algorythm based on overall book percentage, field weight of money and recent price history, this indicator will give a feel of how the market might react to the current situation.

Weight Of Money Indicator #

This indicator shows how the weight of money in the Betfair exchange might affect the price in the near future based on this value alone. For example, the exchange might show there is £100 available to back and £1 available to lay. This would show there is no money supporting the current price and it is likely to fall. The ‘weight of money’ is pushing the price down. This indicator is weighted

Traded Range Indicator #

Knowing where the current price sits in the historical traded range of a selection can be useful when deciding whether or not to enter the market. If the price is in a transitional phase or at the top or bottom of it’s traded range can influence your decision on how to place your initial trade.

In Play #

Note these indicators will disappear when a market is in-play as prices are too volatile to make any meaningful sense.