Quantum Alrex 2000 (2.1) with McGinley Dynamic: Review of Quantum Alrex Version i2

Updated

Yash Majithia
Yash Majithia
Crypto writer
Richard Melton – CEO & Founder - DEX.ag
Richard Melton
CEO & Founder

Introduction to Quantum Alrex 2.1 (i2 model)

Quantum Alrex 2000 is a semi-automated trading platform that focuses on Target; according to public sources, the project was recently introduced and offers traditional trading features combined with the latest automation and AI technologies.

With its automated capabilities, Quantum Alrex i2 project AI algorithms empower traders to make informed investing decisions. It’s like having a personal analyst right next to you while trading the financial markets, especially with its integration with the most popular technical indicators like the McGinley Dynamic.

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Please note that past performance may not be indicative of future results. Different types of investments involve varying degrees of risk, and there can be no assurance that the future performance will be profitable.

Key features and benefits of Quantum Alrex i2

Pros

  • Negative balance protection
  • Two-factor authentication (2FA)
  • A mobile trading app
  • Availability of Islamic (swap-free) accounts
  • Multi-currency support for trading accounts
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Cons

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*According to public sources and the platform’s website

Quantum Alrex  web and mobile crypto trading access

Quantum Alrex i2 Overview (Including versions 2.1, and 2000)

Quantum Alrex i2 uses the McGinley Dynamic indicator to trade Target and other assets. Traders are given a signal to buy Target stock when the McGinley Dynamic indicator crosses below the asset’s price while forming an upward slope. Conversely, the indicator provides a sell signal when it crosses above Target’s price and forms a downward slope, it uses artificial intelligence to assess its probability of success by analysing similar patterns from the past before making a trade.

Is Quantum Alrex for you?

Quantum Alrex 2000 and its latest 2.1, and Quantum Alrex i2 versions are suitable for:

  • Beginners who need a guiding hand in the trading world.
  • Experience traders who are seeking a project that offers AI-generated insights.
  • Traders focused on Target and other major trading symbols.
  • Individual investors and financial enthusiasts.
  • Anyone who has a smartphone and/or computer with a high internet connection.

The financial world can be overwhelming due to its complexities, extensive fundamental data, technical jargon, and wide range of financial information and trading instruments. Quantum Alrex i2 offers a solution with its robust AI system and features.

Quantum Alrex 2000, including versions 2.1, and i2 focuses on Target:

Overview of Target Corporation  (TGT)

Target Corporation (NYSE: TGT) is an American retail chain operating discount stores and hypermarkets. The company operates solely in the United States and boasts over 2,000 stores, although it does service international customers through its website. Target is a dividend-paying stock that distributes $4.48 annually for a yield of 2.86%. 

While Target stock is still growing strongly over the long term, the company has suffered over the past few years. In a single day, on May 18th, 2022, TGT fell by around 22.26%, indicating high volatility. Over the past year, Target’s stock has risen by 38.67%, while the company has fallen by 40.64% over three years and grown by 32.75% over five years. 

Target is directly impacted by factors affecting consumer spending, such as interest rates, disposable income, and inflation. However, the company also struggled to recover from a 2023 boycott that arose over its releasing merchandise during Pride Month. Additionally, worse-than-expected financial results have damaged the value of TGT.

Keep reading to learn how to trade Target Corporation stock using the McGinley Dynamic indicator. 

McGinley Dynamic on Quantum Alrex i2

Overview of McGinley Dynamic

The McGinley Dynamic indicator is a moving average indicator that aims to reduce lag and smooth its output by accounting for market speed and an asset’s price volatility. It was created in 1990 by John R. McGinley, a certified market technician. The indicator can be used to determine trends and is displayed as a single line overlaid on the price chart. 

By analyzing how the McGinley Dynamic indicator interacts with the price of Target, people can use it to produce trading signals. When the McGinley Dynamic indicator line crosses below the price of TGT and then maintains an upward slope, it lets traders know to buy the asset as an uptrend is indicated. On the other hand, the indicator shows a downtrend and warns people to sell Target when the McGinley Dynamic line crosses above the price while sloping down. 

The McGinley Dynamic indicator is typically set to a period of 14 days. However, traders can alter this input to target other time frames. For example, 7 days for shorter trades and 30 days for long-term trades. While you can enter a trade when the McGinley Dynamic line crosses the price, the trade should be closed if another cross occurs, as is a warning the trend could be over. 

While the McGinley Dynamic indicator does an excellent job of reducing the lag and improving responsiveness to price changes, its signals are based entirely on past data, which doesn’t always reflect future performance. That said, it’s easy to read, lessens whipsaws created by prices quickly moving and changing direction, and can be applied to multiple time frames and trading strategies.

The McGinley Dynamic indicator is a versatile tool that can be implemented easily into broader trading methods. Although it can produce false results and struggles in sideways markets, it remains one of the most effective moving average indicators available because it accounts for volatility and market speed. 

Previous versions of Quantum Alrex 2.1

We reviewed the latest version of Quantum Alrex 7.1 and according to the platform webpage it includes features and tools of all the following versions: Quantum Alrex i7, and Quantum Alrex 700.

FAQ

Quantum Alrex’s official site boasts a high success rate of 91%, indicating its potential effectiveness. Nonetheless, the outcome of your investment with Quantum Alrex can vary widely based on numerous elements such as the size of your initial investment, prevailing market trends, and the risk management approaches you employ.

Currently, Quantum Alrex does not offer a dedicated mobile app. However, the platform is designed with a highly responsive and user-friendly interface, ensuring it adapts seamlessly to any device. This means you can effortlessly access and navigate Quantum Alrex on smartphones, tablets, and computers, providing a consistent and efficient trading experience across all your devices.

Yes, Quantum Alrex is free to access and use for trading activities. However, to initiate trading, there is a requisite minimum deposit of $250. This amount serves as your initial trading capital and is entirely allocated towards your trading transactions.

Our Conclusion

Quantum Alrex 2.1 and its latest, Quantum Alrex i2 and Quantum Alrex 2000 versions offer an exciting mix of AI-powered insights, advanced charting capabilities, and user-friendly design, making it an excellent choice for traders at any level.

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Please be aware that any types of trading involve risk and may lead to losses, you should therefore not invest funds that you cannot afford to lose. Always conduct your own research, understanding the risks, and plan your investments accordingly.

Disclaimer

This website does not provide financial, investment, trading, or other advice. Any information provided should not be considered advice. Dex.ag does not advise that you purchase, sell, or hold any cryptocurrency. Be sure to thoroughly research any investment and consult your financial advisor before deciding.