We ship most of our software and documentation as an e-mail attachment. However, some larger or encrypted files are delivered as links to a cloud server. You will usually receive it the same day as your order.
The ProMom Paintbars are included in the Arps Crown Jewels package and work across any time frame.
The systems are written in EasyLanguage for TradeStation. Since we are in the business of selling trading software, our source code is locked to prevent unauthorized duplication or distribution. In the case of our proprietary strategies, the concepts on which the strategies are based are described in the accompanying documentation, and in the case of published strategies, the algorithms are disclosed in the published works.
I have been trading stocks, futures, and options for more than 50 years. As a strong proponent of technical analysis I have developed many proprietary tools. I program many of my own tools but now also have a programming staff to assist me with this.
As a businessman developing and marketing tools I am no longer able to devote full-time to short-term trading, as there are too many distractions during the day. However, I do still take swing trades which I may hold for hours or days.
The systems generate buy and sell signals in real time and can be traded automatically on the TradeStation platform.
Although we do not offer a free trial period, we sell all of our products with a 30-day money back guarantee, less a small return fee per tool. This give you a chance to try them to see if they work for you on your particular charts at a minimum cost.
We offer a 10% discount on multi-product orders exceeding $1,000.
Unfortunately, we do not have any trading strategies currently available that have been tested and traded on the Euro Bunds, Dax, and EuroStoxx50 markets. However, if you are interested in discretionary trading tools that can help you trade these markets successfully, check out our website at www.janarps.com.
Yes, it does. It works very well on Forex charts. However, it uses On Balance True Range as a surrogate for volume in this case.
Yes, our StochRSI has 3 inputs for the length values you inquired about. The only difference is we call them AveLen1, AveLen2, and AveLen3.
The Cycle Turning Points is a “hindsight” tool. Its purpose is not to generate trading signals at swing highs and lows, but rather to identify potential swing cycle timing patterns based on past swing behavior.
When run in real time, the indicator plots a half-chevron up whenever a new high in an uptrend is reached. If the next bar is another new high, the half-chevron will move to the right to that bar. If the next bar is not a new high, the half-chevron stays where it is. When price reverses from the highest high in the uptrend by a given amount controlled by the “Sensitivity” input, the highest high, which at that point is indicated by the upward-pointing half chevron, is then confirmed as a true swing high and the half-chevron on that highest high bar is changed into a completed full chevron, and it will no longer move or disappear. Vice-versa for a downtrend.
It is important to stress that the large chevrons from the indicator will always appear in hindsight at the exact peak and valley, while the confirmation of these chevrons will always occur several bars past the chevron.
The Price Magnets are an excellent support/resistance tool for intraday QQQ. Other tools we offer that do an excellent support/resistance job are the RangeFinder, the Jackson Zones, Hurst Bands, daily/weekly/monthly High Low Mid lines, and the AutoFib Automatic Fibonacci Retracement/Extension levels. In my day trading I run all of these support/resistance indicators and place greater emphasis on levels of confluence. These tools can be found here.
Based on historical analysis over years of past data, we discovered that the relationship between today’s open and yesterday’s close is a key predictor of today’s likely range. We use a modified floor pivots formula to define the projected daily range for the day; i.e. the most likely levels of support and resistance, but we only use three lines. What is important is to observe how the price trades during the day with respect to the RangerFinder lines:
- If price opens within the RangeFinder zone, the high, low and mid RangeFinder lines will represent significant support/resistance levels.
- If price opens above the RangeFinder High Line we are likely to see an up day with the high line representing strong support.
- If price opens below the RangeFinder Low Line we are likely to see a down day with the low line representing strong resistance.
- If price opens above the RangeFinder High Line and then subsequently makes a significant break below this line, there is a high probability that prices will continue to decline all the way to the RangeFinder Low Line.
- If price opens below the RangeFinder Low Line and subsequently makes a significant break above this line, there is a high probability that prices will continue to rise all the way to the High Support Line.
If you do not want another Pivot-based indicator, I would suggest you look at the Price Magnets. It is an excellent indicator to project future support/resistance levels and it looks at past swing patterns to develop future price projections. It does not use the Floor Pivots formulas.
It would be difficult to pick just one or two tools from this set to solve all your problems, but the most significant ones, in order of importance, would be the Radar 1 Fear-Greed indicator, the Radar 2 Price Leader Acceleration Oscillator, and the Arps Trender.
I would suggest you take a look at our Fear Greed Oscillator and our Radar 2 Price Leader acceleration oscillator as two excellent indicators to use in looking for divergence while trading the e-mini S&P.
Yes, the Woods Float Analysis tools can be used in RadarScreen as well as in Tradestation charting.
The AutoFib Fibonacci Retracement/Extension tools are also available separately for both Tradestation charting and for RadarScreen.
This is an excellent suggestion. Accordingly, we have added an alert feature to this tool. The tool now has a True/False input which toggle the audible and visual alert.
Although we are planning to port a number of our existing products to the eSignal platform over the next year, we currently have no plans to do this with our Point and Figure Tool Kit. However, if we find enough interested users, like yourself, who would like to have these tools for eSignal , we would certainly consider moving it up in our list of priorities.
Yes, in general lines below the zero line are indicative of downtrends and vice versa. However, when you get a green line below zero, it is a warning signal that the trend may be ready to change. When I trade the Market Strength Index I mainly look for patterns, particularly divergent patterns to forecast when the market is about to make a significant trend change. Some users prefer to change the indicator into a single-colored line and plot it on top of price. This is an effective way to identify divergences between price and the oscillator.
Thank you for your kind words. The Woods Volume Float concept is indeed a unique way of looking at stock price movements and makes a lot of sense. I have always believed that traders who do not factor volume into their analysis are failing to use some of the most important information available to them. Many times price moves by themselves can be misleading, but the volume accompanying those moves can tell a skilled trader much, and the Woods Float Analysis approach is an effective way to highlight those stocks embarking upon major moves.
Thank you for your excellent questions about our Jackson Zones tool. The Jackson Zones tool does not look back and re-calculate the odds on a real-time basis. The odds are hard-coded in the study. These percentage odds are based on an analysis of persistent patterns going back as many as 25 years over more than a dozen different futures contracts. Based on this work we have concluded that the odds across the entire spectrum of symbols do not change significantly from one symbol to another, thus reinforcing our assumption that these odds are a function of basic price performance rather than any idiosyncrasies of the marketplace which could vary over time. For this reason we have created a Jackson Zones Universal tool which works well on any intraday futures chart. There is no reason to expect that these basic probabilities will vary significantly in the future based on any possible change in market characteristics. The accumulated S&P statistics were collected on the large (pit) contract, since it has been trading a lot longer than the E-mini, and the percentage odds work equally well on either contract, so long as you run the study on the e-mini day session only, not the overnight.
There are no plans currently to create the Lazy S indicator for the Metastock platform.
The Arps – Woods Cumulative Volume Float Tool Kit includes all three of the indicators you inquired about.
We no longer publish a printed catalog. All of the information about our products and services is available on our website.
All of the tools in the Arps Crown Jewels will be very helpful to you for intraday trading of either the Bonds or the S&P. The input settings are designed to work universally on any chart and any time frame.
For your trading I would specifically recommend the Arps Trender™, Trender™ Pullback, RangeFinder, Fear/Greed Index, Price Leader and the Pro Mom Trend Bars. I would not discourage you from running any of the other tools on your charts as well, however, because they all are very helpful in identifying high-probability buy and sell points.
Yes, we have the following Point & Figure strategies available for trading Forex on TradeStation:
P & F Moving Average Crossover System – This system combines double top and bottom breakouts on a P&F chart with moving average trend filters to generate signals.
P & F Double Top/Bottom Breakout System – Enters on the breakout of a double top/bottom.
P&F Triple Top/Bottom Breakout System – Enters on the the breakout of a triple top/bottom.
P&F Catapult Breakout System – Enters on the breakout of a Catapult pattern.
P&F 45-Degree Trendline Crossover System – buys when a 45-degree downtrend line is penetrated, sells when a 45-degree uptrend line is penetrated.
P&F Adaptive Trailing Stop Exits – An adaptive P&F stop which generates exit signals when crossed.
Most of our tools come with a 30-day money back guarantee, less a $50 per tool return fee, so you essentially have 30 days for $50 to try any of these tools on your own charts to see if they work for you.
I’m glad you are enjoying the Arps Price Leader Oscillator.
In answer to your question, the red line is a measure of price acceleration, which is the second derivative of price. It’s like the position of the accelerator of your car. When you push down, (red line going up) your car (price) accelerates upward. When you let off on the accelerator (red line going down) your car (price), still going fast, begins to decelerate. If you were going up a hill and took your foot off the gas, the car would slow down, stop, then begin to roll back downhill at a steadily increasing rate. Thus a red line going up means price is accelerating upward. A red line rolling over means price is slowing down and getting ready to reverse. A relatively flat red line means a steady continuation of the trend. What we look for with the Radar 2 Price Leader Oscillator is divergence from price and mini-double tops and bottoms to signal a potential reversal point.
Radar 2 Price Leader Oscillator is the fastest, most responsive indicator in our list, so you do need to use another oscillator to confirm – which would be the Radar 1 Fear/Greed.
The new Arps Trend Locator Paintbar works on an entirely different principle from that of the Arps’ Trender Paintbars. The critical difference is that the Arps Trend Locator accurately identifies congestion areas where you should be out of the market, as well as giving you early warning for the beginning of a new uptrend or downtrend.
We have a number of excellent and unique tools that we use here every day for this purpose. They include the RangeFinder, ProMom Trend Bars, Fear/Greed Index, Price Leader Acceleration Oscillator, Arps Trender, and ZigZag, among others. Each of these tools can be purchased individually from our website, or, you may wish to purchase them more economically as a package as part of our Swing Day Trader’s Tool Kit.
The Market Strength Oscillator and Radar 3 work on entirely different principles, but they are both excellent tools for what they do. The Market Strength Oscillator is a very specific tool, designed to work only with the NYSE advancing/declining issues, to ascertain the underlying strength of the NYSE markets. It looks at volume as well as price to reach its conclusions, and it serves as an excellent tool to evaluate the strength/weakness of the stock market as a whole. The Radar 3 Trend Index only looks at price, but it can be run on any kind of chart, whether on individual stocks, indexes, or futures to determine the strength of the trend. In that respect, it’s much more versatile than the Market Strength Index. My recommendation is that since you have them both, you should use them both on the daily DOW or S&P. If they are in agreement, so much the better. If they disagree, caution is advised.
The Radar 2 Price Leader Oscillator is a tool that measures price acceleration and deceleration. It has a “sensitivity” control input that allows you to adjust the sensitivity of the oscillator. When the oscillator is above the 50 centerline it means that price is still accelerating to the upside. When the oscillator crosses below the 50 centerline it means that price acceleration has reversed and the momentum is now slowing. The greater the prior excursion away from the centerline, the stronger the price move will be in the opposite direction when TT2 Radar 2 “slingshots” back across the centerline.
A very effective way to utilize Radar 2 is to plot it in Subgraph1, right on top of the price chart. In this way the leading behavior of the oscillator is clearly seen relative to price movement. A curling over of the Fast Radar2 line and a subsequent crossing of the Slow Radar2 line are indicative of an impending turn in the price trend. You will also frequently see a characteristic “mini double top/bottom” in the Fast Radar2 line over a 3-to-6-bar interval, which usually is the precursor to a significant reversal in trend.
If you compare the performance of Radar 2 with other oscillators such as MACD, Stochastics, or RSI, you will see that Radar 2 calls the turns BEFORE they happen, giving you time to enter your orders before the move picks up momentum. Not only does the direction of the oscillator change just before major tops and bottoms, but even more importantly, most of the time divergences appear between TT2 Radar 2 and price to confirm the pending change in market direction. This means that it frequently works best if you ignore the first reversal in the oscillator and wait for the second. If the two peaks or valleys in the oscillator show a divergence from the price tops and bottoms, the odds are greatly increased that a major turning point is at hand. TT2 Radar 2 is a powerful trading tool that can lead to consistent profits when used consistently and with trading discipline.
The Trend locator PaintBar has 8 inputs but 4 of them control bar color and password. Two are True/False option selections, and 2 actually control the sensitivity of the indicator.
It works in any version of Tradestation.
There have been no strategies written to date incorporating this trend paintbar algorithm.
We do not provide performance results for the many strategies in our Traders’ Toolbox catalog for a number of reasons.
- Every trader trades differently — different symbols and different time frames. Rather than provide test results on so many different possibilities, our 30-day money back guarantee less a $50 return fee provides the user with an economical way to try any of these strategies on his data to see whether the results are consistent with his or her trading style.
- Many of the strategies in our catalog are based on published concepts developed by others. We make no claim as to the profitability of these strategies, but defer to the authors’ published claims.
- Past performance is not necessarily indicative of future results, so any claims based on past performance is subject to scrutiny and censure from regulatory authorities.
My recommendation would be that you consider our Stock Trader’s Tool Kit. Take a look particularly at the Miller Gaps Scan tool.
The Arps Trender™ uses an adaptive algorithm that adjusts for market volatility, giving price room to swing initially, then squeezing it closer as the trend progresses. The Parabolic uses an entirely different approach, which is not adaptable, versatile, or accurate.
The tools I recommend to determine price direction are the Arps Trender, Arps Triple Trender, Radar 3 Trend Index, and the ProMom Trend PaintBars. Each gives you an indication of the trend from a little bit different perspective, so agreement by all three gives a very strong confirmation of trend direction.
Our Swing Analysis tools include the Swing Analysis Tool, Bars per Swing, Points per Swing, Swing Slope Ratios, Swing Cycle Timing Points, Gartley 222 Swing Pattern, Butterfly Swing Pattern, Gann Swings, Arps “Fox” Wave Pattern, and AutoFib Swing Retracements/Extensions.
Our Trend Analysis tools include Arps Trender™, Trender™ Paintbars, ProMom Trend Bars, AutoDiv™ Warning Bars, Radar 3 Trend Index, and the Arps Pro Stop.
Since volume information is not included in the Forex data feed, volume-based tools such as the Radar 1 Fear/Greed index will not work on this data stream. My suggestion to you is to run the Fear Greed Index tool on the CME currency futures data to get the Fear/Greed information you need and then use this information to trade the Forex.