Hourly Bias Indicator

Eurusd Cover Bias Down 07.09.2019

Have you ever heard of a time bias indicator? Would you like to know how an instrument behaves at a given time? Then read this tutorial. Sometimes a financial instrument may start to move in a certain way based on the time. We have created an indicator that performs these statistical studies and reports them […]

Average Directional Index – ADX – Slope Indicator

Average Directional Index Indicator with four levels for TradeStation and MultiCharts

The Average Directional Index ADX is the perfect tool to determine the strength of the trend. Every time traders have to know if the price is trending or not. Open a trend follower trade in the trend direction is a good idea, but only if the trend exists and is strong. The standard length for […]

TRADESTATION – AUTO TRENDLINES INDICATOR

1 - Auto trendlines indicator for tradestation

Are you searching an indicator for TradeStation that automatically draws horizontal trendlines? You fund it! Our indicator draws two horizontal trendlines, one support (Red Line) and one resistance (Green Line). With default sets, the indicator calculates the highest high and the lowest low of the last 20 bars and draws two in the previous 100 […]

SuperTrend Multi Time Frame Indicator

SuperTrend_Multi_Time_Frame_Indicator

Today we are talking about our SuperTrend Multi Time Frame Indicator for TradeStation and MultiCharts platforms. Many traders love the SuperTrend indicator because it’s simple and it works well in trending markets. SuperTrend is a good indicator but it can provide many false signals, especially when the market is in a ranging condition.   Our […]

How To (AUTO) Trade Divergences

RSI DIVERGENCE INDICATOR COVER

How To (AUTO) Trade Divergences Today we would like to share with you a little tip: how to trade RSI divergence with an automatic trading system. Divergence is a disagreement between a momentum indicator and price. Momentum indicators are the relative strength index (RSI), stochastics, and rate of change (ROC). Generally, you can quickly discover […]

Intraday Intensity Indicator

intraday-intensity-indicator-TradeStation-MultiCharts-Divergence

Today we are talking about the Intraday Intensity Indicator for TradeStation and MultiCharts. This is a volume-based indicator developed by David Bostian. The Intraday Intensity is a ratio between volume and price daily close. Firstly, this indicator is born to identify price changes caused by high volume. You know that high volume generally hides institutional […]

Coppock Curve Indicator

COVER

Have you ever used the Coppock Curve in TradeStation and Multicharts? It’s a useful momentum indicator for long-term traders. In fact, we use this indicator only in weekly and monthly charts. Edwin Sedgwick Coppock introduced the Coppock formula in 1962, he developed this indicator to find the primary trend and the reversal points. The Coppock Curve […]

CHAIKIN MONEY FLOW

The Chaikin Money Flow indicator is an oscillator that analyzes the volumes and the price to discover accumulation-distribution. It’s created by Marc Chaikin to tracks the money and identifies buying or selling momentum. The standard period is 21 periods, many traders use it on weekly charts. Generally, this oscillator fluctuates between -0.50 and +0.50. The […]

ATR STOP LOSS INDICATOR

ATR-with-STOP-LOSS-VOLATILITY-PHASES

We’d love to meet you and let you the perfect solution Message us on Skype! Email us ATR STOP LOSS INDICATOR Today we show how to use the ATR indicator to calculate your stop loss. Average True Range (ATR) indicator calculates the average candles ranges over a specified period. So ATR measures volatility and also […]

PERRY KAUFMAN – EFFICIENCY RATIO INDICATOR

Perry Kaufman Efficiency Ratio Indicator during the 2007 financial crisis

Let’s create an indicator of Perry Kaufman from his book “Trading Systems and Methods“. In this book, the author shows a systematic approach with detailed explanations of each technique. There are many interesting ideas in this book. Today we would like to create the Efficiency Ratio Indicator. So, we will code his method to calculate the […]