Candle Code Indicator

Friday 4 July 2008 @ 10:36 am

Summary

Generation of candle code as referred to by Viktor Likhovidov, this will compute the candlestick with upper and lower shadows, the top and bottom thresholds for each element, and the candle code itself.

Screen Shots

Usage

The user will be able to experiment with the Bollinger Band length and the number of deviations are surfaced as inputs to the function.

Downloads

Candle Code Indicator (ELD and Workspace)

Happy Trading!

Pressure Point Indicator

Friday 4 July 2008 @ 9:37 am

Summary

Using concepts discussed by Tom DeMark, this is an indicator that analyzes intra market relative strength. There are three things taken into consideration to determine the strength or weakness of a bar: the close, high, and the low. Then two markets are compared and are used to identify long term turning points. The author of this indicator (who's identity is unknown), seems to think that you will want to use your own entry strategy instead of this as an entry indicator/strategy

Screen Shots

Usage

The indicator will diverge in plenty of time to the actual turning point, it will identify the strength or the weakness way in advance. You will need to formulate your own system to identify entries. This can also be useful if applied to Advance/Decline charts. If you have any extra details on this indicator, please post a comment below with details

Downloads

Buy Sell Pressure Indicator (ELD and Workspace)

Happy Trading!

Comments (0) | Posted in Forex Indicators, Free Indicators, Futures Indicators, TradeStation, TradeStation Indicators

Breakout System

Thursday 3 July 2008 @ 12:47 pm

Summary

Catch breakouts for futures, forex or stocks when the time is right with the breakout system set up by Mark Vakkur, MD.

Screen Shots

Usage

Simply look for the buy signals as an indication of when there has been a breakout.

Downloads

Breakout System (ELD and Workspace)

Happy Trading!

Comments (0) | Posted in Forex Indicators, Free Indicators, Futures Indicators, TradeStation, TradeStation Indicators, Trading Strategies

Bond Futures LR Surfing Indicator

Thursday 3 July 2008 @ 10:24 am

Summary

This is an implementation of Surfing the Linear Regression Curve with Bond Futures brought to us by Dennis Meyers, Ph.D. in the May of 1998, Technical Analysis of Stocks & Commodities.