TraderCompanion.mp4
- A valid email address
- An Alpaca account (you'll create one in the steps below)
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Go to the Alpaca Website.
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Click on the # button located in the top-right corner of the page.
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Follow the on-screen instructions to complete the registration process.
You will receive a confirmation email to verify your email address. Follow the instructions in the email to complete the verification.
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Once logged in, navigate to Home on the left-hand sidebar.
On mobile, you may need to click the three-line menu button in the top-left corner to access the sidebar.
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Scroll down until you find the option to Generate New API Key.
If you don't see it right away, keep scrolling.
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Click the button to generate your API Key and Secret Key.
Important: Be sure to copy both the API Key and Secret Key for later use with TraderCompanion, as the Secret Key will only be shown once.
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Install/Open the application
Important: If you prefer not to install the application on your device, we offer standalone options:
- Linux: Use the
.appimage
file - Windows: Use the
.zip
file
This allows you to run the application without needing a full installation!
- Linux: Use the
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Wait for activation screen to show
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Enter your API Key into the first input box.
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Enter your Secret Key into the second input box.
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If the activation screen goes away you have now finish activation and may move to the Usage Guide
This app provides a quick, at-a-glance representation of the trends for any stock ticker in three different time frames: Long-term, Medium-term, and Short-term. The trends are visualized using icons composed of three circles, each representing one of the time frames.
The icon consists of three circles in the following order:
Icon Explanation
- Left Circle: Long-term trend
- Middle Circle: Medium-term trend
- Right Circle: Short-term trend
Colors Explanation
- Green: The trend is upward (bullish).
- Red: The trend is downward (bearish).
- Yellow: The trend is in a range (neutral or sideways movement).
- White: The trend is unknown (insufficient data or indeterminate).
- The ideal combination to look for is: Green - Green - Red.
- Long-term (green): The stock is trending upward in the long run.
- Medium-term (green): The stock continues its upward trend in the medium run.
- Short-term (red): There may be a short-term pullback or correction, but it is potentially an opportunity to enter at a better price.
- Select the Ticker: Select
+ New
enter the stock ticker symbol you want to analyze. - Review the Icon: The app will generate an icon with the color-coded trends for the three trend terms.
- Interpret the Trends:
- Green-Green-Red: Long-term and medium-term trends are upward, but there might be a short-term dip. This is usually considered an optimal setup.
- Other combinations: Use the color indicators to judge whether the stock is in an uptrend, downtrend, or range in different time periods.
Legend
Icon | Explanation |
---|---|
🟢 🟢 🔴 | Ideal Scenario - Long-term and medium-term trends are up, short-term correction. |
🟡 🔴 🟢 | Long-term in range, medium-term downtrend, short-term uptrend. |
🔴 🔴 🟡 | Bearish in both long-term and medium-term, neutral short-term movement. |
- White circles indicate a lack of data for the corresponding time frame. If the trend is unknown, further analysis or waiting for more data might be necessary.
- The app automatically updates trend data based on real-time market analysis to keep your insights current.