Intraday Intensity Indicator

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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

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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 […]

HOW TO CREATE – AUTO TRENDLINES INDICATOR – TRADESTATION

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In this tutorial, you’ll create an Indicator to automatic draw TrendLines in TradeStation. Firstly, we calculate the maximum and the minimum of the last X candles or days. This is only an example, you can create your trendline indicator simply replacing the HighestHigh and LowestLow value. In EasyLanguage is possible to determine the Min-Max with […]

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

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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 […]

STOCK TRADING SYSTEM BENCHMARK INDICATOR

Stock Trading Behmark With Spy

Today, we create a Stock Trading System Benchmark using the SPDR S&P 500 ETF SPY. In finance, the benchmark performs the function of an external reference parameter for the valuation of a mutual fund. ETF SPY | BUY AND HOLD STOCK TRADING SYSTEM STRATEGY BENCHMARK Before comparing the stock trading system, let’s see how to […]

MOVING AVERAGE – SLOPE INDICATOR

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We’d love to meet you and let you the perfect solution Message us on Skype! Email us Moving Average Slope Indicator Moving Average Indicator is the most popular technical indicator, it provides useful information, but often it’s not sufficient. To programming an automated trading system, many times, you need to calculate the slope of the […]

BOLLINGER BANDS – BANDWIDTH

Bollinger Bands BandWidth TradeStation MultiCharts

The Bollinger Bands are already present on every platform, but using the Bandwidth, the bands will be displayed only when the volatility decrease (congestion or range market). I sometimes use this filter in mean reverting strategies to avoid signals when volatility is low. This simple correction, generally improves breakout strategies. Firstly, we will use the […]

SUPERTREND INDICATOR

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SuperTrend Indicator for MultiCharts and TradeStation While it’s true that TradeStation and MultiCharts are excellent platforms in their own right, but they have not yet included many common indicators such as the SuperTrend (ST). The SuperTrend analyzes the formation of maximum and minimum on the single bar and performs a series of calculations using the […]