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Add-On Studies and Analysis

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:

  • Purchase premium add-on studies -- pre-built studies from well-known market experts
  • Download free add-on studies -- available in the eSignal EFS Library and Forums
  • 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.


bullet' ART® Trading Software bullet' Kwik*POP
bullet' DecisionBar Trading Software bullet' Roy Kelly's Total Traders Package
bullet' DeltaT1 bullet' Scalper Pivot Point
bullet' Dynamic Trading Bars bullet' Stack Trade
bullet' The Hawkeye Indicators bullet' Trading Pro exa Studies Suite
bullet' Jurik Research bullet' TurnSignal

ART Trading Software

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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

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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.

For more detailed information, you must go to the DecisionBar website at http://www.DecisionBar.com.

DeltaT1

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

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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.

To begin using DTZ.efs, you must first go to www.dynamiccolorcodedtrading.com.

The Hawkeye Indicators

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 stock trader, Nicholas Darvas, as described in his book How I Turned $10,000 into $2 Million. Adding volume conditions and the relationship of close to open, we feel, greatly enhances this strategy.

There are 5 inputs:

  1. Long_Short (Enter 1 for Long and -1 for Short.)
  2. Trade_Entry (Enter the close value of the bar you entered the trade on [initial line on chart].)
  3. ATR_1 (Entering a 1 will plot a line 1 average true range [ATR] from the entry price. You can set the ATR inputs to your own liking, depending on how aggressively you wish to trade. If you want to see the price move through 2 ATR before taking your first add, enter a 2...)
  4. ATR_2 (This input is the number of ATRs from the value of the first ATR line. You may wish to put in 1 because an uptrend has been identified.)
  5. ATR_3 (This input is the number of ATRs from the value of the second ATR line. You may wish to put in 1 because an uptrend has been identified.)

Note: These input values are discretionary. Sometimes, a price bar will go through 2 or 3 ATR levels. When this occurs, expand the input value of the first ATR, so it encompasses this move.

For more detailed information, visit the Hawkeye website or access the documentation on the Hawkeye indicators on eSignal Central.


Jurik Research Toolset

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Jurik Research develops algorithms that transform noisy, complex market price action into clear signals with exceptionally low lag. Mark Jurik, its founder, is a contributing author to the book, Virtual Trading, author of his own book, Neural Networks and Financial Forecasting, and editor of the newly released book, Computerized Trading, distributed by the New York Institute of Finance.

Jurik Research's tools are used worldwide by investors, banks and institutions. The toolset for eSignal includes four of Jurik's most popular technical indicators.

VEL (Signal Velocity) -- Superior momentum indicator. Ultra-smooth, accurate measurement of trend direction and speed (velocity). Excellent for instantaneous analysis.

JMA (Jurik Moving Average) -- Superior noise elimination filter. Lets you see "true" underlying activity. Has very low lag and is incredibly smooth and extremely responsive to market gaps.

RSX (Trend Strength Index) -- Superior replacement for RSI. Ultra-smooth, accurate, low lag indicator of trend direction and purity. Excellent for deep analysis.

DMX (Directional Movement Index) -- DMX is the ultra-smooth, low-lag replacement for your classic DMI and ADX indicators.

Access how-to-use information on the Jurik Research Toolset.

To access this toolset, you must first go to the Jurik Research website at www.jurikres.com to subscribe. Then, discover the power of low-lag, noise-free technical analysis.

Kwik*POP

Kwik*POP is a package of custom indicators that change the color of the price bars, momentum oscillators and chart background as momentum conditions change from bullish, to neutral, to bearish. Bullish is blue, bearish is red and neutral is yellow.

When momentum conditions, as measured over various time frames using multiple diverse custom algorithms, all align in the same direction, the chart and all sub-graphs turn blue or red. This alerts the trader to be long or short the market.

Kwik*POP offers you these advantages:

  • Works on all Forex, futures, stocks, market indices
    Also works on all time frames, from a 10-tick chart right up to weekly and monthly time frames
  • Provides live, online interactive training for customers at no additional cost
  • Has a library of online training videos on markets and trading techniques for customers at no additional cost
  • Broadcasts two audio-video chat rooms with live charts all day for customers at no additional cost
  • Publishes live, intraday market updates and commentary from floor professionals and trading desk managers for customers at no additional cost
  • Sends customers weekly email articles on market-related news events and informative web links for traders at no additional cost

If you would like a free pass to our audio-video chat room to watch our charts LIVE during trading hours, please visit our website by clicking on the link and filling out the form. Once you hit SUBMIT, an autoresponder will send you your password to our audio-video, online chat room. (www.traders-syndicate.com/contact.htm) No hype, no sales pressure. Watch our charts live for 10 days, and you'll discover why Kwik*POP is the solution you've been looking for.

You can lease Kwik*POP month to month, or, when you prepay for 1 year, you get all of this for just $75 a month.

To sign up for a live demonstration, go to the Kwik*POP website.


Roy Kelly's Total Traders Package

In today's market, a successful trader needs an advantage that will come, not from the run-of-the-mill indicators that everyone else is using, but from top-of-the-line proprietary analysis. Floor Traders Tools™ offers that needed advantage. It will help you understand retracements or the strength of price movement. It will let you identify trend from market noise. Included are indicators that will show where, and when, a major market change in trend is likely to occur.

Developed by Roy Kelly, Floor Traders Tools identify tradable cycle tops and bottoms as they occur and generates buy and sell signals. Designed to work in any market, this package includes the acclaimed TrendPro indicators.

These dynamic, powerful tools can be used with any price chart, whether daily or intraday, in any market and time frame, including stocks, bonds, futures, Forex, E-minis and the S&P 500. The package features a timing methodology for entering the trade at the best possible price.

The tools, fully automated and developed exclusively for eSignal, include:

  • Kelly's Cycle Identifier
  • Dynamic Cycles
  • Kelly's Cycle Identifier Filtered
  • Price Exhaustion
  • Kelly's Trident
  • Accumulation / Distribution
  • Auto Trend Lines
  • Cycle Timing
  • Fibonacci Retracements
  • Fibonacci Extensions
  • Filtered Waves
  • Floor Pivots
  • Kelly's CCI Expert
  • TrendPro Stops
  • TrendPro Up & Down
  • TrendPro Trigger Points
  • Swing High / Low
  • Two Smooth
  • Fibonacci Confluence
  • Kelly's Advanced Moving Average
  • Floor Pivots
  • Gartley
  • Andrews Pitchfork
  • Dynamic Trend Filter
  • Trendicator
View the TrendPro Training Manual or contact TrendPro Sales/Support

Scalper Pivot Point

Scalper Pivot Point
Scalper Pivot Point can help you trade the S&P, S&P E-Minis, key indices, the DAX, the London FTSE market and Russell 2000 futures. You can use it to see where turning points occur to help you confirm reverse trends. It can be loaded onto any data-compression chart.

Unlike other software, Scalper Pivot Point indicates reversals in "real time". You have the option to display signals on the First Tick or at the Bar Close. Integrating this add-on with your current trading style can boost your trades to winning profits.

If you have the basics of how to read price action and are looking for an additional leading signal for entry and exits, Scalper Pivot Point Software is for you.

For more detailed information, you must go to the DecisionBar website at www.scalpersoftware.com


Stack Trade

Stack Trade
Stack Trade is unique in that it offers trend and trend reversal trade set-ups with an easy-to-follow method within a single time frame. We post our results daily…winners and losers. We offer different leasing options for our indicators to suit your needs. We have several videos showing the different trade set-ups and live market trades using our indicators. Stack Trade has a chat room where we educate traders and help them understand the trade set-ups as they happen. We do live trading every week via Internet radio, where we go over each and every trade set-up that happens during the broadcast.

Our T1 trade entry points have zero ambiguity. You know exactly where to place your order and exactly how much risk every trade requires before you enter it. Stack Trade allows you to follow the market during any two-hour time span that the market is open and generates enough opportunities to pull a profit out of the market everyday.

For more information and to take advantage of our chat room and indicators for a one-week, free trial, visit us on the Stack Trade website.


Trading Pro exa Studies Suite

The Trading Pro exa Studies Suite is a unique cutting edge technology bundled in a set of tools and easy-to-trade trading system that will let you see what you always wanted to see -- where the market is moving next!

Brought to you by www.tradingpro.com, a division of Prediction Labs Inc. and a market technology company, this first class black box system applies chaos theory, system dynamics and artificial intelligence. These unique tools will show you something that you will not find in any other indicator -- the market charted in advance and updated every 15 minutes.

If you are just starting to trade, Trading Pro exa will help you know where the market is going, so you can trade accordingly.

If you are a professional trader used to trading several indicators, this indicator will improve your technique because it will help identify ambiguous signals in a way other techniques you might use cannot do. No other indicator predicts what the market is going to do the way this one does.

The system was developed for the main U.S. and European indices. It can be used for the S&P 500, S&P 100, DJIA, NASDAQ, NASDAQ 100, Russell 2000 and all their corresponding futures contracts, as well as for European markets, such as the FTSE, DAX, AEX, Mibtel and CAC40.

exa Price Charts
The exa_Price.efs charts the market from market open until the close. Our model re-computes the predictions and charts it again, adding the information of the last 15 minutes. And, combining the prediction with other indicators can be of great help as well.

 Access how-to-use information for Trading Pro exa here and here.

 

The Trading Pro exa Tool Kit 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.

To begin using Trading Pro exa Studies with eSignal, you must first go to the Trading Pro exa website to purchase Trading Pro exa Studies.


TurnSignal

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TurnSignal is the result of long-term testing by a team of experienced traders. The developers of TurnSignal recognize that there are many ways to look at the markets. Some traders like to track market momentum; some prefer to pick the tops and bottoms; still others evaluate breakouts. These methods all depend on finding good entries and choosing timely exits to maximize results.

With the eight TurnSignal Indicators and your eSignal advanced chart, you can develop strategies to find excellent entry points very close to the tops and bottoms of recent market movements. TurnSignal can then keep you in each trade for as long as the momentum continues in the same direction.

You can make your exits at pre-selected profit targets or use the indicators to exit or reverse according to your personal trading style. Whether you follow the trend or scalp the market for quick profits, TurnSignal has simplified the trading process by creating the ultimate set of indicators.

TheTurnSignal is used to identify when calculations show the market is turning.

Pivot Lines mark the highest high and lowest low of the recent price movement. The Pivot Median is the midpoint between the pivot high and pivot low.

Fast, Medium and Slow Lines are NOT moving averages but, rather, algorithmic indicators calculated to work together. When they cross and separate, momentum is identified.

The Oscillator shows the direction and the strength of the momentum. Green and red bars indicate when momentum is accelerating and decelerating.

The Market Activity indicator, specifically designed for use with tick charts and volume charts, shows how active the market is for each bar on the chart.

The team at TurnSignal invites you to take advantage of its 30-day, free trial. Also, if you are new to eSignal or have not had an eSignal account in the past year, eSignal has generously offered a corresponding 30-day, free trial of its software (subject to exchange fees). If you have been an eSignal user in the past year, but do not currently have an active account, eSignal will give you the second month free (subject to exchange fees).

In addition, a chat room called "TurnSignal Talk" is where you can see theTurnSignal Indicators demonstrated on live markets and ask your questions.

Access how-to-use information on TurnSignal.

To begin using TurnSignal with eSignal, you must first go to the TurnSignal website to learn about and download the software.

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