One of our earliest products and still one of our most popular. If you have not seen Hawk’s functionality, you are missing out on one of the best tools in the industry. You tell Hawk what minimum average daily volume is in a stock you want it to consider, the minimum price, and maximum price, and Hawk does the rest. Works on NYSE, AMEX, and even NASDAQ stocks if you so desire!
Not only does it show you every gap in bid, ask, or last (with all relevant information), it can even automatically fire orders to get you in every single one!
We will give you an example: Many times before a gap move, the bid or ask will move seconds before to signal the move is coming. Now lets say you have your “Place Order at % of Gap” set to 75% (the default, changeable to anything you like), that means if IBM say, lowers his bid from 88.50 to 88.10, Hawk immediately places a bid for you at 88.20. A few things can happen next: A – He gaps to 88.20 or lower and fills you. B – He gaps and trades a higher price and Hawk then automatically cancels your order. Or C – He raises the bid back up and trades like nothing happened, in which case Hawk will also automatically then cancel the 88.20 bid.
What will amaze you is that Hawk does this for you all day long, on thousands of stocks constantly, always placing ad canceling orders to get in front of any gap move. Combine that with automated trailing stop exits in Raven and you may never have to touch the keyboard again to get every gap in the market.
Want to see how the eye of the Hawk catches all its prey? Try the FREE demo today.
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