Super Fortuna is an advanced algorithm designed to catch bottom reversals on stocks. It uses a variety of technical based indicators (RSI, VOL, ADX, etc.) to make decisions on when to fire a signal. The algorithm was designed to eliminate as many fake-outs as possible and provide the highest technical analysis win rate possible by an algorithm. In doing so signals can be rare, but very reliable.
How does Super Fortuna trigger?
When the criteria and market conditions align perfectly.
When does Super Fortuna trigger?
Super Fortuna can fire more than once in a day on a ticker, but it is super rare. Super Fortuna can fire on as many tickers as it has in its databanks in a day, but signals are very rare.
How to trade:
Things to consider:
Signals fired right on open are usually because the stock or market has gapped overnight. These can tend to lead to false signals and should be monitored as such. Use your own technical analysis to confirm a breakout, or wait for a retest of a support zone before entry.
The goal of trading a Super Fortuna signal is to enter on the signal unless fired on market open, and use technical analysis for exits and stop losses. The goal is to 20-30% profits on an options trade, or 1%+ on a commons-based trade. Usually, a 10-20% stop loss is recommended.
When is a Super Fortuna Signal considered a fail?
If the stock price does not rise above the original signal by at least 0.50% of the price the signal was called within the span of three trading days.
Reminder:
We are always working to improve our signals even if they work great; market conditions are constantly changing on a weekly basis. Though every ticker with options can be registered, it does not mean they are the best trade to take at that moment for many reasons, i.e., going against market conditions and sentiment.
