This is a ‘signal-dot’ which identifies price and candle patterns that typically represent institutional accumulation and distribution of inventory. Please click here for PDF documentation with more detail on these tools.
Designed to help identify qualified pullbacks to a set of moving averages. Includes a signal-dot indicator for charting applications and a scanning indicator for spreadsheet analysis (TS RadarScreen, eSignal Watchlist, MultiCharts Scanner) and for scanning operations. Spreadsheet analysis includes how many bars since the qualified pullback ( zero is the most recent completed bar), percent change since the signal, and indications whether the pullback was to a fast or slow moving average.
Utilizing the powerful scanning capabilities of TradeStation’s RadarScreen TM platform, this set of tools enables you to efficiently scan your favorite list of stock and futures symbols for an important trading setup: the start of the Elliott 5th Wave.
The Hull Moving Average solves the age old dilemma of making a moving average more responsive to current price activity whilst maintaining curve smoothness. In fact the HMA almost eliminates lag altogether and manages to improve smoothing at the same time.
The TT 2-Bar Trend Candle Indicator provides the user with an improved way of plotting price bars to identify trends and predict future price movement. This improved algorithm utilizes the open, high, low, and closing prices of the most recent two bars to create a candlestick on the current bar. It is based on a concept first introduced into the trading community as the Heikin-Ashi algorithm.
The Arps SuperPaint™ Permission Screen tool is used as a confirming indicator in conjunction with other tools to give an indication as to when it is advisable to take a long or short position. When the permission screen is blue, only buy signals should be considered. When the permission screen is red, only sell signals should be considered.
This Tool Kit provides the user with the tools necessary for analyzing stock behavior based upon a revolutionary concept developed by Steve Woods and described in his new book, The Precision Profit Float Indicator. (MarketPlace Books, 2000). This set of powerful techniques to exploit price and volume is described more fully at Steve’s web site: http://www.floatanalysis.com.