Join TradeGuider’s Gavin Holmes as he walks you through MetaStock’s newest add-on TradeGuider-Smart Money Tracker.

The Smart Money Tracker add-on uses Volume Spread Analysis, a powerful methodology which analyzes the interrelation of Volume, Price and Spread of each bar, to determine whether the "Smart Money" professionals are accumulating, distributing or not interested. It uses no mathematical formulas, instead an expert system analyzes each bar compared with previous bars and when the vital signs are detected, brings up an indicator on your chart.

Based on the original teachings of famous 1930's trader Richard Demille Wyckoff, this robust methodology has stood the test of time and is being used in over 40 countries by traders and investors who are tired of buying and selling at completely the wrong time. The system works across all time frames and any market - Stocks, Futures, FOREX and Commodities.

Smart Money Tracker is a complete trading toolset with many uniquely powerful tools to formulate high probability, low risk trades in any market. The tools include:

• Over 340 VSA indicators which highlight when a specific VSA principle has occurred
• The indicators are filtered to look at volume, price and range of each bar in comparison with the previous bars
• Each signal provides a detailed account of the background leading up to the signal, the reason the signal has appeared and what to look out for as the chart develops. These are the vital clues which alert you to professional activity in the market. This is done by opening a dialogue box written by former insider and inventor of VSA, Tom Williams, together with UK Fund Manager Philip Friston.
• There are short and medium term trending tools, stop management tools and a bullish bearish volume tool
• No back testing is required and no optimization needed