What are the differences between Signal Bands and Trading Signals?
There are two main differences between Signal Bands and Trading Signals. First, the original Signal Bands were designed to give the trader an entry point into an overbought or oversold market based on the overbought/oversold conditions indicated by the Sigma Bands chart. The new Trading Signals are more of a stand alone chart. In fact, the Sigma Bands that are displayed are not the same Sigma Bands shown on our Sigma Bands chart. They are designed to react faster to changes in the underlying prices. The trader may act on a buy or sell signal with the new chart without actually consulting the original Sigma Bands chart, although this is not advisable. The other big difference between the two charts is the original Signal Bands attempts to give an entry point but no exit point. The new Trading Signals give both. The new Trading Signals track a buy or sell signal as it is unfolding. Once the buy or sell signal occurs the algorithm switches mode and tracks the next sell or buy signal. This
