We will open subscriptions soon. The founder price will be reserved for the first 100 annual Institutional Radar subscriptions and will be kept on renewals for as long as the subscription remains active. See plans

User guide

Subscriber guide

How Mercados Pro works

First: you can register for free. That already makes you part of the Sergio Ávila Bolsa and Mercados Pro community, with access to the open forum for community members — with no subscription required.

Create free account

From there: Institutional Radar and the Investment League, explained from the inside — what you find on each screen, how each mechanic works, and which plan makes sense for what you want.

Chapter 01

Institutional Radar

The market analysis dashboard. Used daily: you log in, review what has changed since yesterday, and decide with that.

1.1 How it is organised

Radar opens on a single screen divided into tabs. Each tab is a standalone panel focused on one question: how healthy the market is, where real strength lies, what is changing, how much risk is on the table right now.

There is no required reading order: you can move freely between tabs; each loads its own content separately.

1.2 What panels you will find

The Dashboard groups several dozen indicators. This is the map by category: which question each group answers, not the exact formula behind each one — that part is kept private on purpose.

Overview and market health

  • Market health — a general thermometer of the context.
  • Breadth and sentiment — how many stocks take part in a move, not just the index.
  • Dollar / S&P 500 ratio, Macro risk — the underlying macro context.
  • Seasonality — what has tended to happen around these dates.
  • Participation, Relevant changes, Control centre — what is moving and an executive summary of everything above.

Strength and weakness

  • Strength / Weakness — a ranking of which assets perform better or worse than the whole.
  • Strength + Quality — crosses that strength with fundamentals.
  • Long-term momentum / Value + Momentum — underlying trends, not two-session bounces.

Technical signals and rotation

  • Cross / Avilas Bands — proprietary levels and crosses on each asset.
  • Relative / Support / Supertrend / DM — different technical scanners, each with its own criteria.
  • Confluence — which assets appear in several scanners at once.
  • Rotation, Institutional trend, Strong/weak hands — where the money is moving.

Sentiment

  • Social attention — which assets concentrate conversation on X/Reddit — context data, never a buy signal on its own.

1.3 The six strength filters, one by one

The most common quick screen inside the Dashboard, before looking at anything else:

Strength

Who leads today: what is outperforming the market.

Strength + Quality

The same ranking, filtering out strength without fundamental backing.

Long-term momentum

Separates real trend from two-session noise.

Dean Malone

Filters out structural losers before looking at anything else.

Avilas Bands

Proprietary levels to see whether an asset is in a value zone or overextended.

Technical crosses

The alert that something relevant just happened in an asset you were already tracking.

1.4 How to open an asset: chart and fundamentals

In panels that display assets, click directly on the ticker. The information expands right below the asset, without taking you to another screen.

Chart

A candlestick chart of the asset opens so you can visually review the trend, highs and lows.

Fundamentals

For stocks, below the chart you will find the full fundamental profile available: activity, sector and industry, profitability, valuation, debt, earnings, EPS, dividends, buybacks, competitors and news, based on the data available for each company.

Sergio IA

At the end of the profile you will find access to “Analyse your portfolio with Sergio IA” to continue the analysis inside the portfolio tool.

Important: the assets shown in a scanner meet the requirements defined by that strategy, but that alone is not enough to open a position. You should check the asset on the chart and verify, among other things, the sequence of highs and lows.

1.5 Signal histories

Momentum LP and several technical scanners include a signal history. Where applicable, the history records the entry date and the exit date once the target or limit defined for that system is reached. Histories can be reset from the administrative control provided for that purpose.

The history lets you review the statistical evolution of closed signals without exposing the internal rules used by each strategy.

1.6 Short-Term Swing Trading

Swing Trading CP identifies assets that meet the internal technical criteria defined by the strategy and presents the candidates prioritised by their technical strength. Being on the list is a candidate filter, not an automatic buy recommendation.

1.7 Intraday Trading

Intraday Trading strategies are presented as expandable sections: when you open a strategy, its results appear right below. When a table contains compatible tickers, you can also open the chart and, for stocks, their fundamentals from the asset itself.

1.8 Risk management

Interactive calculator included with Monthly and Annual Institutional Radar and every Intraday Trading plan. Use it to size and review a trade before sending it to the market.

1. Enter the trade

Select Buy or Sell and enter capital, entry, stop price, stop points used for risk, point value, contracts and target points.

2. Review the figures

The dashboard calculates monetary risk and risk as a percentage of capital, notional value, potential profit, target price and the reward/risk ratio.

3. Check the stop

If the distance between the entry and stop prices does not match the points used to calculate risk, a warning appears. Correct one of the two values before continuing.

Main formula: monetary risk = stop points × point value × number of contracts. The risk percentage compares that amount with the stated capital.

Calculations update in the browser as you edit. The tool does not save trades or retrieve market quotes.

Open Risk management

Check the instrument’s actual multiplier, point value, fees and slippage before trading.

1.9 When the data is updated

Most of the Dashboard updates once a day, after the US market close. You do not need to refresh anything manually: when you log in, you already have data from the last closed session.

1.10 Live consultation

Live sessions exclusive to subscribers, with an archive browsable by year, month and day. Each session is recorded on video together with comments from other subscribers.

1.11 What only the Annual plan includes

3 portfolios

SAB Quarterly Portfolio

Three model portfolios — USA, Europe and Mixed — reviewed each quarter against their benchmark. View-only, not editable: this is the portfolio Sergio follows.

9 questions

Financial Advisor

A questionnaire about your real situation that returns an indicative profile to put your portfolio risk in context.

4 editions/year

Annual Contest

Same simulated-portfolio mechanic as the League (10 positions, between 4% and 30% each) but with a quarterly window of 10 days.

Quarters do not pay out their own prize: they feed an annual ranking. 1st wins Institutional Radar — Annual; 2nd, Investment League — Annual.

1.12 Free Radar trial

1.13 Plans and pricing

Institutional Radar

Institutional Radar — Monthly

69.90 € tax included per month

approx. $81

The full Institutional Radar, with no lock-in.

  • Market snapshot and breadth, updated daily
  • % optimal exposure, recalculated only when conditions change
  • Sector rotation: where money is flowing in and out
  • Strength, Strength + Quality, Avilas Bands, Cross, Momentum LP, Dean Malone
  • Seasonality, macro risk, dollar/S&P 500 ratio and popular assets on X/Reddit
  • Risk management calculator: stop, position size and reward/risk ratio
  • Live consultation with a video archive and comments
  • Add Options, Investment thesis and My portfolio with Sergio IA from €19.90/month each

Reduced price on all 3 AI tools:

  • Options with Sergio IA: 15 per month for 19.90 €/month — view
  • Investment thesis with Sergio IA: 7 per month for 19.90 €/month — view
  • My portfolio with Sergio IA: 7 per month for 19.90 €/month — view
Subscriptions available soon
Chapter 02

Investment League

The monthly simulated-portfolio competition. It is not an analysis tool: it is a place to test your process against other investors.

2.1 The monthly mechanic

Each month is an independent edition, with its own portfolio from scratch. During the first 5 days of the month you can build or edit your portfolio; after that deadline, it is locked until the next edition.

2.2 How a portfolio is built

100,000 €

Simulated capital

Starting point for each portfolio, the same for every participant.

10

Exact positions

Not one fewer or one more — all different, with no repeated asset.

4%–30%

Weight per position

No position can be token or dominate the entire portfolio.

2.3 How an edition is played

While registration is still open, other participants’ portfolios stay hidden — nobody can copy anyone. As soon as registration closes, they are all revealed at once and the ranking updates every day, after the US market close, for the rest of the month.

2.4 Prizes

A minimum of 20 participants is required for an edition to run. If that is not reached, that edition pays nothing: your place automatically rolls to the following month, and what has accumulated is added to that next edition’s pot.

It's not your entry fee that gets shared out: the Sergio Ávila Bolsa community guarantees a minimum prize from the very first participant, and that minimum grows with each new person who joins.

20 participants 115 €
50 participants 288 €
100 participants 576 €

The top 25% ranked in each edition receive a prize — not half the field — in decreasing proportion, with cash prizes and annual Institutional Radar subscriptions. For example, with the minimum of 20 participants there are 5 winners:

Place 1 33% of the pot
Place 2 25% of the pot
Place 3 18% of the pot
Place 4 14% of the pot
Place 5 10% of the pot

2.5 History

Each closed edition is archived with its final ranking and every participant’s portfolio, available to any active subscriber — a way to learn by seeing real decisions from past editions.

2.6 Plans and pricing

Investment League

Investment League — Annual

219.00 € tax included per year

approx. $255

Two months free: all 12 editions of the year.

  • All 12 monthly editions of the year, a new portfolio each month
  • Every participant’s portfolio, visible when each registration closes
  • Full history of past editions, portfolio by portfolio
  • Cash prizes and annual Institutional Radar subscriptions
  • My portfolio analysed with Sergio IA: 5 AI analyses per month using real market data to test weights across 10 stocks
Subscriptions available soon

Investment League — Monthly

19.90 € tax included per month

approx. $23

One edition, with no lock-in.

  • A new portfolio each month, live ranking
  • Every participant’s portfolio, visible when registration closes
  • Full history of past editions, portfolio by portfolio
  • Cash prizes and annual Institutional Radar subscriptions
  • My portfolio analysed with Sergio IA: 3 AI analyses per month using real market data to test weights across 10 stocks
Subscriptions available soon
Chapter 03

Investment League vs. Annual Contest

They share simulated-portfolio mechanics, but they are two separate competitions, each with its own price and calendar. You can take part in both at once.

Investment League

  • Standalone product, with its own price.
  • Monthly edition — 12 per year.
  • Pays out a prize in each closed edition.

Annual Contest

  • Included in Annual Radar, at no extra cost.
  • Quarterly edition — 4 per year.
  • Quarters only feed the annual ranking; a single prize at year end.
Chapter 04

Options, Thesis and My Portfolio with Sergio IA

Three AI-powered analysis tools, independent from each other and from Institutional Radar. Each one is subscribed separately, from its own page, in 3 modalities: without Radar (full price), with Monthly Institutional Radar and with Annual Institutional Radar — the latter always with the highest monthly quota at 50% off.

4.1 The 3 tools

Options with Sergio IA Monthly Radar (15/month) · Annual Radar (20/month)

Cross-references Institutional Radar candidates with the structures from the options manual and proposes, in each analysis, a maximum of 2 strategies in total — split among stocks, indices and commodities depending on where the best candidates are.

All queries are saved by date in your account, so you can review them whenever you want.

Go to Options with Sergio IA →

Investment thesis with Sergio IA Monthly Radar (7/month) · Annual Radar (10/month)

Complete fundamental thesis for a company: valuation, risks, catalysts and counter-thesis. Any subscriber can type the ticker of any listed company. If you also have Institutional Radar active, you can also choose a stock from the search box and dropdown with the Radar's full universe — that search box is not shown to those without Radar, so as not to give access to the Radar universe by buying only the Thesis.

Go to Investment thesis with Sergio IA →

My portfolio with Sergio IA Monthly Radar (7/month) · Annual Radar (10/month)

Set up up to 10 positions and get 1-month, 3-month and 1-year outlooks combining market behavior, fundamentals and upcoming earnings releases.

It also remains included, with its own quota, for Investment League and Intraday Trading subscribers, according to each plan's conditions.

Go to My portfolio with Sergio IA →

4.2 Price and monthly quota by modality

Tool Without Radar With Monthly Radar With Annual Radar
Options with Sergio IA €39.90/month · 20 per month €19.90/month · 15 per month €19.90/month · 20 per month
Investment thesis with Sergio IA €39.90/month · 10 per month €19.90/month · 7 per month €19.90/month · 10 per month
My portfolio with Sergio IA €39.90/month · 10 per month €19.90/month · 7 per month €19.90/month · 10 per month

All prices include tax. Annual Institutional Radar always gives the highest quota at the lowest price among the 2 modalities that require Radar.

4.3 Extra credits: they accumulate, they aren't lost from one month to the next

Once the monthly quota is used up, you can buy a package of extra credits for €9.99/month (tax included). Unlike the normal monthly quota, which resets every month whether it's used or not, any extra credits you don't spend accumulate from one month to the next for up to 6 months from purchase.

The extra credits package can only be bought if you already have that same tool active in one of its 3 modalities: the number of credits it includes depends on which of the 3 you have active (more credits the higher the tier: Annual Radar > Monthly Radar = No Radar).

Important: if you cancel or no longer have any of a tool's 3 paid modalities active, that tool's accumulated extra credits are lost — they are only kept while you remain a subscriber of one of the 3.

4.4 Where to see your available credits

Inside each tool, at the top, you will always see how many analyses you have left this month and, if you have accumulated extra credits, how many. As soon as the quota runs out, direct access to buy more credits appears right there.

Chapter 05

How to subscribe

Coming soon: new subscriptions are not yet open. You can browse the plans and how the service works; the sign-up and payment process will be enabled once contracting officially opens.

  1. Try Radar if you want (optional)

    Activate the 3 free sessions, further up in this same guide, to see the full Dashboard before you decide.

  2. Choose a plan

    Radar (monthly, annual or annual instalments) and/or League (monthly or annual), from the price cards in this guide.

  3. Pay by card

    Payment is processed with Stripe. Access is immediate, with the same account you subscribe with.

  4. Manage everything from My Account

    Change plan, cancel renewal or download invoices — all self-service, with no need to contact support.

Chapter 06

Frequently asked questions

Is there a lock-in?

The Monthly plan (Radar or League) renews month by month and you can cancel renewal from My Account whenever you want. Annual covers a full year already paid; you can turn off automatic renewal at any time. Annual Radar instalments are 4 quarterly payments that must be completed.

Can I switch from monthly to annual?

Yes, at any time from your account.

Is this financial advice?

No. Institutional Radar and the Investment League provide information and analysis tools. Investment decisions are yours alone and under your responsibility.

Do I need prior experience?

It is not essential, although you will get more from it the better you know the market. The exposure and strength panels are useful from day one.

What if it is not for me?

Cancel renewal from My Account whenever you want and you keep access until the end of the period already paid.

Do you guarantee returns?

No, and be wary of anyone who does. Investing in financial markets carries the risk of loss.