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What is TradeScope?
Q: What is TradeScope? A: TradeScope is a mobile app (iOS & Android) providing real-time market insights for Forex, Indices, and Commodities. It shows a clear market bias (Buy, Sell, Neutral) based on fundamental data, sentiment, and trend analysis, helping you spot trading opportunities quickly.
Q: Is TradeScope a signal service or trading bot? A: No. TradeScope provides market bias based on real-time data. You still need your own trading plan and risk management. It’s an analysis tool, not a trading execution tool.
Using TradeScope
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Q: How does TradeScope work? A: It gathers fundamental data (interest rates, inflation, etc.), sentiment (COT & retail positioning), and trend analysis (using moving averages) to generate a bias score for each instrument.
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Q: What is the “Overlook” (Scoreboard)? A: The Overlook is your main dashboard, displaying the bias (Strong Buy, Buy, Sell, Strong Sell, Neutral) for all covered instruments.
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Q: What does each bias (Strong Buy, Buy, Sell, Strong Sell, Neutral) mean? A: * Strong Buy/Buy: Strong bullish (upward) bias. * Sell/Strong Sell: Strong bearish (downward) bias. * Neutral: No clear market direction – exercise caution.
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Q: What happens when I tap on an instrument? A: You’ll see a detailed breakdown of the fundamental data, sentiment, and swap rates (for Forex) that contribute to the bias.
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Q: How do I use the “Favorites” feature? A: Add instruments to your Favorites by tapping the bookmark icon. This allows quick access and enables notifications.
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Q: How do I get notifications? A: Add instruments to your Favorites and enable push notifications in the app settings. You’ll be alerted to any bias changes.
Coverage & Data
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Q: Does it cover all Forex pairs, indices, and commodities? A: TradeScope focuses on the seven major currencies (and their cross pairs), top global indices (e.g., DOW, NASDAQ, DAX), and key commodities (USOIL, GOLD, SILVER, PLATINUM, COPPER).
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Q: How often is the data updated? A: Data and biases are refreshed in real-time, based on the latest fundamental releases and sentiment updates.
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Q: What about swap rates for Forex? A: TradeScope displays interest rate differentials, so you know if overnight positions will earn or pay swap fees.
Trading with TradeScope
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Q: Can TradeScope guarantee profits? A: No. Trading involves risk. TradeScope provides insights, but you are responsible for your trading decisions and risk management.
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Q: How should I use TradeScope in my trading? A: Use the bias to identify potential opportunities, confirm your own analysis, and manage risk. Always combine TradeScope insights with your own trading strategy.
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Q: Does TradeScope execute trades? A: No. TradeScope is for analysis only. You’ll need a separate brokerage account to place trades.
Account & Subscription
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Q: How do I sign up? A: Download the app from the App Store (iOS) or Google Play Store (Android) and create an account. [Consider adding subscription details link here, e.g., “See subscription options.”]
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Q: How do I contact support? A: [Provide contact information – email, in-app form, etc.]
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Q: Does Trade Scope offer a free trial? A: [State your free trial policy.]