This lesson introduces you to the powerful pre-computed scans available on ProfitSource.
The scans are based on the principles of Elliot Wave Theory and have proven to be
extremely accurate. As a trader, you can use these scans to produce a short list
of potential trades, and use the other applications to further refine your selection.
Take your analysis to the next level by taking advantage of the advanced scanning features in ProfitSource. This application allows you to define your own scan criteria and target almost any technical set-up in the entire market. This will not only save you considerable time, but ensure that your efforts are focused on higher probability trades.
In the final lesson we explore what is perhaps the most exciting feature of all, the system builder. This allows you to back test the effectiveness of your scans and refine your trading strategy. You are able to completely automate your trading strategy and test its effectiveness over a range of securities and markets. Furthermore, you can test your system over any period of time for all of the major markets and that means that you can test the validity of your system across different market environments.