In addition to add-on services such as news and commentary, Market Depth and scanners, eSignal offers technical indicators and formula studies, both free and add-on. Developed by eSignal and its partners, these indicators and studies strengthen your decision support capabilities and, thus, increase your profits.
eSignal's built-in formula script (EFS) capabilities allow you to add popular studies to your charts, download and modify -- or even create your own technical analysis studies within eSignal. Our partners make it easy for you to:
Develop your own studies or convert existing studies -- we've partnered with programmers (Formula Studies Support Services) who will do this for you, or you can use our built-in Formula Wizard.
We also offer risk analysis tools (from us and our partners) that you can add on to your eSignal subscription. With these, you'll be able to extend your decision support and increase your strategic advantage.
The Bollinger Band Tool Kit for eSignal is a tool kit for investors and traders wishing to unleash the power of Bollinger Bands. It includes 31 indicators and systems covering the major aspects of Bollinger Bands and volume indicators and a chart layout.
The potential of the tools in this kit is practically unlimited. What you do with them is entirely up to you. These tools have
been designed to offer the maximum flexibility and, therefore, the greatest potential. Some of the tools are free standing and can be used on their own while others are of greater worth when combined with other tool kit elements or other analytical tools.
The Bollinger Band Tool Kit includes the following:
This unique collection of cycle analysis tools and indicators is brought to you by Divergence Software, Inc. cyclePack uses
state-of-the-art digital signal processing (DSP) techniques to extract the cycles that exist in your financial data and
gauge their significance. This information is then used to make projections as to how the security you are currently
charting is likely to behave in the future.
Cycles are present in all time series and in all time frames. Whether you know it or not, you make decisions based on cycles
every trading day. Each time you add an indicator to your chart and set the length of that indicator, you are making a decision based on cycles. Each time you make a determination that a particular security will either start turning up in price or begin
heading down, you are making a decision based (at least in part) on cycles. Cycles are everywhere in our price data.
Cycle analysis is the process of cleaning and filtering a time series (in our case, a series of security price data)
and applying spectrum analysis techniques to extract the cyclical content. Once the cyclical components have been revealed,
we can examine them and isolate the strongest and / or “best-behaved” cycles. With that information in hand, we can then make educated projections in terms of how the security being analyzed will behave in the future. Cycle analysis can be a powerful tool when used in conjunction with existing technical analysis indicators and methods.
cyclePack consists of four indicators that perform slightly different tasks:
cycleAnalyzer -- The cornerstone of the cyclePack collection, it displays the individual cycles
extracted from your price data in a graphical format.
cycleProjector -- The cycleProjector takes the individual cycles and combines them into a synthetic
time series and projects this time series into the future. It is useful for highlighting significant near-term turning
points and can also provide a good estimate of overall direction.
cycleProjectorXT -- This indicator is identical in function to the cycleProjector, except that it uses a more detailed approach to extract the cycles and create the synthetic time series.
cycleMABands -- This indicator uses Linear Prediction algorithms to assist in the creation of Hurst-type price channels.
If you are not already an eSignal subscriber, sign up for eSignal first.
If you are already an eSignal subscriber, add the cyclePack to your eSignal account.
Day Trading Action Study
The Day Trading Action Study, also known as the "High Five," consists of
the following indicators:
The NASDAQ Composite Index (the "NAZ")
The TRIN
The VIX
The TICK index
MER (Merrill Lynch Stock)
Together, these five indicators can paint a clear picture of the market's mood and direction for that session. When
they all point in the same direction, you are ill-advised to ignore them, and, when they give a mixed picture, you can
often save time and money by staying flat.
The Day Trading Action Study is now available as an add-on service to your eSignal subscription for only $
a month.
If you are not already an eSignal subscriber, sign up for eSignal first.
eMESA is an easy-to-trade mechanical system specifically designed to trade the S&P E-Mini contract. It is very
robust, with back testing history from 1996. In the last year, it has returned more than 150 percent profit on a $10,000
account. eMESA uses the opening range breakout method first popularized by Tony Crabel in 1990, enhanced with dynamic
adjustments using volatility and trend parametrics. You get a reversal signal for the next day’s trading, so you
are always in the market both long and short. Trade duration is 2.5 days on the average. Because the signal generation
is generic, eMESA can successfully trade a wide range of market indices and exchange traded funds (ETFs), such as the DOW,
Russell, SPY, DIA and QQQ.
eMESA is available as an add-on service to your eSignal subscription for only $ a month.
If you are not already an eSignal subscriber, sign up for eSignal first.
Also included are our Critical Time Zones module and 2 Program Trading Modules designed exclusively for the CME e-Mini Futures. These powerful indicators alert astute traders to those times of day when we expect “action,” along with those times when institutional program trading is most likely and gives both a visual and audio alert.
A cost less than 2 eMini-S&P points per month, extensive toll free support, unlimited access to training videos and live training events make this add-on package a true no-brainer. It is like having an experienced trading assistant right there with you all day, everyday.
The eMini-Master POLR series includes:
•
POLR_1
•
POLR_Combo
•
POLR_2
•
PRO Critical Time Zones
•
POLR_3
•
PRO S&P 500 Program Trades Level 1
•
POLR_4
•
PRO S&P 500 Program Trades Level 2
The eMini-Master POLR tools are available as an add-on service to your eSignal subscription for only $ a month.
Hamzei Analytics, LLC has expanded its Partners Program with eSignal
to include eight of its coveted indicators, CI, DCI, CI Diff,
DV and IVBO, and the "HotSpots" in the EFS 2.0 format. Using these indicators will
enable you to see why Hamzei Analytics (www.HamzeiAnalytics.com)
is the first choice of professional traders and hedge fund /
institutional money managers.
The Central Intelligence (CI) study is ideally suited
for trend- and momentum-based trading. It's configured to
respond properly for intraday trend detection during the opening
hours of the trading day. This is the ideal momentum indicator
for day trading high-beta stocks, sector ETFs or futures on
a gap-up or gap-down day.
The Dual CI (DCI) study can be used to look for non-conforming
bullish and bearish divergences. Because the inputs of the
DCI indicator are user-definable, the user can manipulate
and / or optimize it for different markets and / or different
bar intervals. A divergence occurs when a price revisits a
recent channel breakout high or breakdown low while the accompanying
indicator fails to do so. Market technicians call it a non-confirmation.
Divergence typically provides entry points with an acceptable
risk-to-reward ratio.
The Central Intelligence Difference (CI Diff) study
is an anticipatory derivative indicator of the CI Indicator.
For high leverage trades, the CI Diff Indicator acts as an
early warning for upcoming trends in the CI Indicator.
The Directional Volatility (DV) study is an indicator
that helps you avoid being in the markets during Small Range
days and, rather, focus on taking a 70% chunk out of a directional
move during the Big Range days.
The Intraday Volume Break Out (IVBO) study helps you
identify upcoming moves during seemingly sleepy hours of the
markets, hours often used by smart money / hedge funds to
mask their true trading intent (i.e., accumulation / distribution).
"HotSpots", a Special Application of the Daily, Weekly and Monthly Support, Pivot and Resistance Indicator (SPRD, SPRW and SPRM). Support, Pivot and Resistance Indicators are previous-bar-volatility-based indicators used for years by floor traders (daily bars) and professional traders (weekly and monthly bars). Often, you will see high volumes when the asset approaches these price levels. Hamzei Analytics uses these price objectives as stop management and profit target levels instead of using the traditional fixed price money management habits of the past. The beauty of the code presented here is that it has intelligence to correctly detect the trading calendar and adjusts accordingly for the following period.
These tools are available for one low monthly add-on fee of $. Receive the first 30 days free when you add the service to your subscription.
If you are not already an eSignal subscriber, sign up for eSignal first.
If you are already an eSignal subscriber, add Hamzei Analytics your eSignal account.
Jan Arps' Traders' Toolbox is part of a library of more
than 400 indicators and systems to help the trader and investor
better understand and anticipate the ebbs and flows of market
price action. These Crown Jewels of the library are designed
to help the user generate profitable trades by identifying
optimum times and price levels to enter at the beginning of
a new swing and exit at or near the end of that swing.
The Arps Crown Jewels available to add onto the eSignal
advanced charting platform are listed below:
Now, for a Limited Time, Hurst Polynomial Regression
Bands Included at No Extra Charge:
In addition to the Crown Jewels Tool Kit, Jan Arps' Traders'
Toolbox now also offers the revolutionary new Hurst Polynomial
Regression Bands Tool Kit, consisting of the following tools:
The Hurst Bands-Historic indicator plots a set
of standard deviation channel lines around a polynomial regression centerline to help
the user identify levels of optimum probability for entering
and exiting trades.
The Hurst Bands-Actual indicator plots the progress
of the end point of the Hurst Bands-Historic calculation
for each bar on the chart, thus providing a continuous evaluation
of how the Hurst Bands' relationships have changed with
time.
The Hurst Bands-Oscillator provides an indication
of normalized deviations of price from the regression mean,
thus revealing when prices are overbought or oversold in
varying volatility environments.
The Hurst Bands-Multi-Order Centerlines indicator
provides an excellent means for identifying trend direction
and strength through the interaction between two polynomial
regression centerlines of different orders.
The Hurst Polynomial Regression Bands indicators are
available, for a limited time only, as part of the Crown Jewels
service at no additional cost.
Jan Arps' Traders'
Toolbox Crown Jewels are available as an add-on service
to your eSignal subscription for only $
for the first month, $
per month thereafter.
If you are not already an eSignal subscriber, sign
up for eSignal first.
Joe Krutsinger's Trading System trades the
NASDAQ 100 as an index or stocks within the NASDAQ 100.
This new trading system, engineered by Joe Krutsinger, CTA,
is the result of 27 years of full-time research. It is an
innovative strategy for trading the NASDAQ 100 Index or any
of the 100 stocks within that index.
Joe has found an elegant entry technique designed to capture
the short-term market “turning points” in the
NASDAQ stocks. His system takes the guesswork out of where
to enter, where to exit, and what to do if you are wrong!
The entry is so robust that it yields extraordinary profits
on the 100 component basket of stocks without added filters
or stop logic. This system has been evaluated and received
a top rating by Futures Truth!
This strategy is also an “always in reversal system.”
It has no variables. It is never optimized. It can be used
as a market-directional indicator or on stocks to indicate
the direction for trading options! Let the developer back
test it on your favorite NASDAQ stock. Simply email Joe Krutsinger,
CTA directly with the symbol of your stock at dsachs@windstream.net
and Joe will personally get your report right out to you.
The MESA Indicators allow you to view the market in a whole
new way. The indicators accurately measure the frequency spectrum
and identify the dominant cycle. Most oscillators give late
signals, but the Sine / LeadSine indicators anticipate the
turning points of the dominant cycle. The Phase indicator
shows the market position within the period of the measured
dominant cycle. By subtracting the cycle component from the
price movement, a low lag Instantaneous Trendline is created.
This Trendline identifies the onset and termination of trend
movement.
The MESA Indicator studies available for add-on to eSignal
are:
The Kase StatWare indicators are an inventive set
of indicators that automatically adapt to thechanging
market conditions. Because the indicators are highly mathematical
and statistically based, these indicators are extremely accurate
and lend themselves well to any market and any time frame.
StatWare is valued by traders because it combines high accuracy
with ease of use. The StatWare package includes entry indications,
stop levels and exit indications and, thereby, covers every
aspect of trading. Among the indicators are the Kase PeakOscillator
and the KCD, which have been found to reliably predict market
turns 95 percent of the time.
The
per-month fees for adding Kase StatWare are:
$
for non-pros
$
for pros in the U.S. and Canada
$
for pros outside the U.S. and Canada
If you are not already an eSignal subscriber, sign
up for eSignal first.
If you are already an eSignal subscriber, add
the Kase StatWare to your eSignal account.
Access
a manual that describes the StatWare indicators with plenty
of screen shots to show you how they work.
OptionsPlus
This risk management software provides sophisticated analysis
tools for the stock options trader. For assessing the viability
of hypothetical and real positions, OptionsPlus is an affordable
add-on available to eSignal and eSignal Pro subscribers with
eSignal products that have options. OptionsPlus helps you
choose your positions, tweak them for strategic viability
and track their actual and theoretical performance. It also
requires an OPRA subscription. Read
More.
Add
OptionsPlus to your eSignal subscription FREE for 30
days. Check
the trial out! After that, pay just a $
-per-month add-on fee.
If you are not already an eSignal subscriber, sign
up for eSignal first.
If you are already an eSignal subscriber, add
OptionsPlus to your eSignal account.
PowerTools Trading System
PowerTools is a highly effective, fully adaptive trading system that automatically generates buy and sell signals for any market and can be used on intraday and daily charts. Visually stunning and intuitive to use, PowerTools is now available as a complete trading system for eSignal Advanced Charting.
These
tools are available for one low monthly add-on fee of
$.
If you are not already an eSignal subscriber,
sign up for
eSignal first.
To learn more about the PowerTools Trading System or to obtain subscriber support and the latest PowerTools EFS file, please visit Teresa's online library at PowerSwings.com.
Price Gauge
Uncomplicated and easy to use, Price Gauge is a unique way to view price movement. A glance shows you the extent of typical moves, where the price is currently and where it can be expected to go. And, it works with real-time and end-of-day data. This formula study adapts well to different trading patterns.
Price Gauge fulfills four essential requirements for an indicator. It:
Is easy to interpret with price bars and a single, straight line
Reacts quickly to price changes with immediate data, right up to the latest tick
Is accurate, showing you where the price is in relation to its previous history
Is free from distortion, letting you ignore wayward ticks and still make informed discisions
Price Gauge is available to add onto your eSignal application for only $ a month.
If you are not already an eSignal subscriber, sign up for eSignal first.
If you are already an eSignal subscriber, add Price Gauge to your eSignal account.
EZ2Trade is based on an approach called "Three Classic Tools to a Three-Step Set-Up," which uses support, resistance, trendlines, Raghee's own market cycle indicator called the "Wave", Fibonacci levels and much more to provide entry levels, stop loss levels and profit targets.
With its "one-click" simplicity, the EZ2Trade Charting Collection is a set of automated studies that allows any trader to automate:
•
Trendlines
•
The Wave
•
Support and Resistance
•
Candlestick Patterns
•
Fibonacci Levels
•
Pivot Points
•
Minor Highs and Minor Lows
•
Trailing Stop / Strength Indicator
Each of these charting tools is used in the EZ2 Trade "Three-Step" Trading Plan, which is available to all subscribers. Effective for trading intraday and end-of-day Forex, futures and stocks, these tools bring together the best of classic charting with the automation of eSignal Formula Script (EFS). (More information)
The EZ2 Trade Charting Collection, along with the "Three-Step" Trading Plan, was developed to take the guesswork out of entries, stop-loss levels and trading targets. Each of these charting tools automatically adjusts with price and can also be used as a training tool with eSignal's Replay feature. Take advantage of hours of video instruction to learn how to get the most from your eSignal and the EZ2Trade Add-On. (More information)
Raghee Horner is the author of the bestselling books Forex Trading for Maximum Profit and Thirty Days of FOREX Trading. For Subscriber Support, including Trading Plan requests, please visit Raghee's website. Access how-to-use information.
EZ2Trade is priced at $
per month.
If you are not already an eSignal subscriber, sign
up for eSignal first.
If you are already an eSignal subscriber, add
EZ2Trade to your eSignal account.
RiskCompass
RiskCompass is a stock options risk management tool available as an add-on to eSignal and eSignal Pro subscribers with the eSignal products that have options. It also requires an OPRA subscription. This software helps investors mitigate, reduce or eliminate the risk of large stock positions through the use of options. It was written and is supported by MarketCompass, a partner developer that has worked with us on other options-related projects, including the Greeks' calculations in our Options window.
RiskCompass rounds out eSignal's options offerings by providing a product that falls between eSignal's Options window and our risk management tool called "OptionsPlus".
The per-month fee for adding RiskCompass to your eSignal or eSignal Pro subscription is only $ .
If you are not already an eSignal subscriber, sign
up for eSignal first.
If you are already an eSignal subscriber, add RiskCompass to your eSignal account.
The Triades is a technical analysis model aimed at pinpointing where a market reversal is, objectively measuring the natural movement of the market in percentage points. It generates real-time buying and selling alerts. A reward / risk ratio is associated with any signals.
Triades measures bearish and bullish movements of the market in percentage, enabling investors to get the probability of success to reach a target price. It can be applied to any financial product (futures, Forex, interest rates, commodities, equities) and can be calculated on any time frame (1-, 15-, 60-, ..., -minute, daily, ..., monthly).
This technical analysis module operates based on three basic elements from swing trading: Pivots (extreme points of a market’s fluctuation either up or down), swings (price fluctuations) and the three bars, which have been developed into "triades" that may include inner bars within the three main bars. The module only takes into account the highest and lowest bars and is not statistically based.
"Triades" subscribers also receive free advice on Forex, fixed income, crude and equities indices via email in a specific format (for example, DJ Eurostoxx 50 / time frame 200 / Long 442364 / Stop 439900 / Target 448550).
eSignal subscribers who add The Triades to their subscription are able to access the web link alerts through the Research menu of the eSignal application.
Both The Triades and TriadesPRO are available as add-on services to your eSignal subscription. The Triades is priced at $ per month. TriadesPRO is $.
Price-action is a key to successful trading. Indicators lag; price-action does not. If you know how to read price-action in markets, you can consistently trade to win. Price-action is the language of the markets. Learn to read it, speak it and embrace it, and you will hear the market telling you where it is most probably best to go. The smart money traders trade off price-action pattern points.
WaveTracker assists you in analyzing price-action in markets. It will show you that the language of price-action has market structure as consonants and market geometry as vowels. To analyze market structure and geometry, you look at:
Common patterns (hooks, rectangles, triangles and breakouts)
Volume
Confluences of the above (WaveTracker PRO)
WaveTracker is your assistant in analyzing price-action. WaveTracker:
Labels waves with highs, lows and wave lengths
Computes and graphically displays all Elliott Wave AWE pattern
Automates Fibonacci levels for each wave
Identifies balance points and floor trader pivots
Illuminates evening session highs and lows, along with range-of-day Fibonacci levels
Provides audio alerts when volume occurs and key levels are reached
Identifies confluences of the above (WaveTrackerPRO)
In the accompanying example trade setup using WaveTracker on a 5-minute chart of the S&P E-Mini contract on June 24, 2005, the ‘D’ point of the AWE pattern, 1200.25, was a sell point based on price-action consisting of a confluence of 3 patterns of market structure, geometry and support / resistance. Each pattern added to the reasons to be selling 1200.25. The patterns at 1200.25 (within a tick) are:
+4.00 Elliott AWE pattern
50 % retracements of wave from 1205.00 to 1196.00
Previous support turned into resistance at 1200.25/1200.50
The market cooperated and swiftly fell 7 points to a previous low of 1193.50. These types of patterns occur every single day in the S&P Emini and in all other highly liquid markets.
All waves, Fibonacci levels and Elliott AWE pattern points update in real time. Performance is superb; you can run up to 10 charts simultaneously with WaveTracker. WaveTracker supports all symbols and all markets available through eSignal.
Both WaveTracker and WaveTrackerPRO are available as add-on services to your eSignal subscription. WaveTracker is priced at $ per month. WaveTrackerPRO is $
. There is a 50% discount for the first month.
The
Universal Swing Tool, which has been offered as part of
Jan Arps Crown Jewels as an add-on to eSignal, is now offered
for free to eSignal subscribers. It is a “Swiss army
knife” tool for displaying and analyzing price swings
of different magnitudes. This tool generates a series of zigzag
lines connecting successive swing highs and swing lows. Accordingly,
we are able to filter out the random noise in price fluctuations
and focus our attention on the magnitude and speed of the
up moves and down moves of price and their relationships to
one another.
As well as plotting the basic zigzag line, this tool has
the additional capability of displaying the following information
about the price swings:
The magnitude of each swing, in points
The ratio of the magnitude of each swing to that of the
preceding swing (swing ratios)
The longer-term trend direction
Retracement support / resistance levels for the current
swing, as well as for previous swings
The swing reversal price (that is, the price to which
a current swing will have to revert to constitute a reversal
of swing direction)
The basic Arps Universal Swing Tool connects alternate swing
highs and swing lows using a proprietary pattern-recognition
algorithm that is universally applicable to all charts on
any time frame. The size of the swings to be recognized is
controlled by a User Input, “Sensitivity”, which
works like a volume control on a radio.
This study
is available for free and is included with the eSignal
software.
FREE!Bollinger's Indicators
Two new formulas have been added to eSignal by John Bollinger
to use in conjunction with Bollinger Bands, Normalized Volume
and Intraday Intensity.
Normalized Volume allows volume to be compared on
a relative basis from stock to stock and from time to time.
It also allows volume to be included in trading systems in
an adaptive manner because it defines high and low in relative
terms.
Intraday Intensity is a volume indicator that depicts
the flow of funds for a security based on where it closes
in its range. The idea behind Intraday Intensity is that the
need for institutional traders to complete their positions
gets ever more urgent as the close of trading looms. As they
move to fill their needs late in the day, their actions cause
prices to rise or fall, effectively tipping their hands via
the relationship of the close to the day’s range.
The Bollinger Band Tool Kit, an add-on available to eSignal
subscribers, is for investors and traders wishing to explore
the potential of Bollinger Bands and volume indicators. Included
are 40+ indicators, example trading systems, explorations
and experts.
These studies
are available for free and are included with the eSignal
software.
FREE!
DiNapoli Indicators
DiNapoli Preferred Stochastic
This indicator is to be used with caution and knowledge as
the trader "fades" or goes against the traditional
usage of the indicator in order to position himself/herself
on a retracement of price. It is a sophisticated process whereby
a trader familiar with the details of this process actually
positions the trade by selling into a buy signal *or* buying
into a sell signal. Use of the DiNapoli MACD in conjunction
with this indicator and knowledge of DiNapoli levels are necessary
to achieve success with it. The specific values and equations
in this study have been researched and used for more than
20 years. This indicator is applicable to any liquid market,
from equities and futures to Forex. Although its use has broad
market applicability, it is particularly useful for trading
the intraday E-Minis or the NASDAQ.
DiNapoli MACD
This indicator is normally used in conjunction with the DiNapoli
Preferred Stochastic. It is a highly accurate trend-defining
indicator. The specific values and equations in this study
have been researched and used for more than 20 years. This
indicator is applicable to any liquid market, from equities
and futures to Forex. Although its use has broad market applicability,
it is particularly useful for trading the intraday E-Minis
or the NASDAQ.
DiNapoli Detrended Oscillator
This indicator is a highly accurate overbought/oversold oscillator.
It is not normalized to a given range (+ or - 100), so it
can show extremes in market moves far better than standard
volatility oscillators. It can be combined with retracements
of expansions of price defined by DiNapoli levels to produce
incredibly accurate entry and exit points. This indicator
is applicable to any liquid market, from equities and futures
to Forex. Although its use has broad market applicability,
it is particularly useful for trading the intraday E-Minis
or the NASDAQ.
DiNapoli Displaced Moving Average
This study is used as a trend-defining tool, as well as a
means to identify 4 of the 9 patterns DiNapoli traders use.
The specific values in this study have been researched and
used for more than 20 years. This indicator is applicable
to any liquid market, from equities and futures to Forex.
Although its use has broad market applicability, it is particularly
useful for trading the intraday E-Minis or the NASDAQ.
These
studies are available for free and are included with the
eSignal software.
FREE!KasePivot
KasePivot, which highlights market turns, allows a forecaster
to easily identify market wave patterns. Further, the sensitivity
setting allows the user to identify trends of different sizes.
This study is available for free and is included with
the eSignal software.
FREE!
Teresa Lo's PowerSwings Indicator EOD
The Teresa Lo's PowerSwings Indicator EOD offers a simple
yet highly effective visual tool that allows traders to instantly
gather critical information from a chart -- from the identification
of support and resistance points, to spotting trends and congestion
areas, to identifying classic technical patterns. Bar-based
swings can be used on any time frame for any instrument.
Use the Teresa Lo's PowerSwings Indicator to:
Identify pivots, major support and resistance points
where price reverses to form swing highs and swing lows
Identify trends based on the relationship between successive
upswings, downswings and the location of the swing highs
and swing lows
Identify and differentially diagnose congestion patterns
in order to avoid choppy markets
Identify and differentially diagnose retracement patterns
and tests based on the relative positions of the swing pivots
in order to enter and exit in a timely fashion
A color bar study colors up, down, inside and outside bars
green / red / yellow / blue. These bars can then be used to
tee up certain trade setups.
The ART® Trading Software for eSignal enables you trade the REALITIES of the market, hence the name “Applied Reality Trading ®", or ART® for short. Incorporated into the ART Trading Software are specific trading signals, such as the state-of-the-art "Pyramid Trading Point ® and ART® Reversal Patterns, that provide tools necessary for trend traders and “scalpers” alike. In addition to the entry signals, ART® stops or exit signals are precisely based on the market. Only the "TRUTHS" of the market are used to set the stop.
Bennett McDowell's Pyramid Trading Point allows your trades the necessary breathing room needed to reduce "whip-sawing," which can eat away at your profits. The proprietary Pyramid Trading Point can be used to enter the markets and set initial and adjusted stops. It also helps indicate when markets are trending and determine when markets are bracketed. The Pyramid Trading Point identifies actual market activity and enables the trader to trade the REALITIES of the market.
Day traders, position traders and investors of stocks, commodities, bonds, options and Forex can all use ART Charting Software, complete with new trade signal voice technology and a user-friendly software interface.
For more information, free trading demonstrations and pricing or to sign up, you must go to the traderscoach website.
DecisionBar Trading Software
Les Schwartz developed the DecisionBar Trading method and has used it successfully for many years. He has just recently made his methods available to the public.
DecisionBar Trading is not just a collection of indicators. It is a complete trading method that can show even beginning traders how to take advantage of the basic mechanics of the market.
The market is a constantly changing entity, but all markets show a basic rhythm based on supply and demand, support and resistance, momentum and exhaustion. The DecisionBar Pivot Strategy puts you in tune with this rhythm, generating unambiguous, amazingly accurate buy and sell signals in real time.
The DecisionBar Risk Oscillators then help you evaluate those signals in terms of current market bias.
DecisionBar methods work for all time frames for all tradable instruments, including stocks, futures, mini futures and Forex. It works on both interval and tick charts.
Whether you are a day or short-term swing trader or just want to keep your IRA on the right side of the market, DecisionBar trading is the solution you have been looking for. If you trade options, DecisionBar captures the big moves necessary to make options trading profitable.
DeltaT1 is a combination of 2 studies used for trading index-traded
futures. T1 is an intraday trend indicator and DeltaT an intraday
timing indicator. They are primarily used to trade the S&P
500 Index E-Mini futures (contract symbol: ES). They can also
be used for trading the YM, NQ, ER2 and MC, as well as stocks,
other futures and currencies. Read more about DeltaT1.
To begin using
DeltaT1 with eSignal, you must first go to the DeltaT1 website.
Dynamic Trading Bars
Dynamic Trading Bars (DTZ.efs) are a study of support and resistance that highlight the major turning points during a trading day. The study works on cash and futures markets and is a powerful trading tool that can be combined with other sutudies, such as volume and stochastics. This revolutionary color-coded day trading system highlights over-bought and over-sold areas, as well as divergence and momentum, all on one bar chart. As a result, DTZ.efx moves day trading to a level never seen before.
Understanding volume is key to successful
trading. These unique indicators based on volume spread analysis
combined with market momentum work on all time frames and markets.
These indicators are user-configurable and analyze the likely
direction of the market while minimizing drawdowns.
Hawkeye Trend
This robust indicator combines volume spread analysis and
market momentum to identify up trends, down trends and market
congestion. It is displayed on the price chart as a dot.
Green equals bullish, red equals bearish and white equals
congestion.
Hawkeye Volume
Conventional volume analysis is extremely difficult to interpret.
What the Hawkeye Volume achieves is an interpretation of
volume spread analysis based on Wyckoff's 1930 original
work. The indicator smoothes volume to show bullish, bearish
or neutral volume. Green equals bullish, red equals bearish
and white equals neutral.
Hawkeye Volume Radar
Volume is the fuel that drives the market, and, although
our main volume indicator is very good at detecting the
directional movement of volume, there is still a need for
an indicator to show those special times when there is a
significant volume change -- which could be the precursor
to a market turn. There are three dots plotted: Cyan = light
volume, yellow = high volume and red = ultra-high volume
Hawkeye Stops
Hawkeye stops have 2 inputs -- Near and Far. As long as
the Hawkeye Volume is positive (green), use the Far Stop.
If the Hawkeye Volume turns white or red, use the Near Stop.
If the Near Stop swings above market (showing congestion),
use the Far Stop. In other words, the system uses the Far
Stop, but, when the Hawkeye Indicators show weakness, the
Near Stop is then used, ensuring that you exit near the
top of a trend run.
Hawkeye Relative Strength
The Hawkeye Relative Strength indicator shows a stock's
performance compared to its underlying stock index. If the
green line is above the red line, the stock (for example,
MSFT) is stronger than the underlying index (NASDAQ 100)
and vice versa. We suggest that you only buy stocks stronger
than the index and sell stocks weaker than the index.
Hawkeye Adds
Adds are now an algorithm of volume and average true range.
This strategy is a combination of methodologies used by
the famous Turtle
Traders and the legendary 1950s
