• Micro M and W

    Price swing pattern consisting of an unconfirmed low followed by an upday/downday sequence for a Micro W and the opposite for a Micro M.

  • Arps “FOX” Waves

    This study automatically looks for the occurrence of Arps “Fox” Wave 1-2-3-4 megaphone patterns. When the correct pattern occurs, the study draws an “entry” line and a “target” line, along with a line showing the approximate target arrival time.

  • Trailing Stop – ParabXO

    This stop is a modified version of Wilder’s Parabolic Stop concept, providing more control over the input variables and reducing whipsaws in choppy markets. The concept was described in an article by Dennis Myers in the April, 1995 issue of Stocks and Commodities Magazine and is based on a trailing exponential moving average whose sensitivity increases with each bar after entry, up to a maximum value, MAX.

  • Pro Stop™

    This is a highly effective volatility-based adaptive trailing stop which captures the majority of the position profit while minimizing whipsaws. The input value, “STOPSENS”, adjusts the probability for the next bar’s expected range to stay within the limits projected by the stop algorithm. It is usually best to determine this sensitivity value empirically by experimenting to find the best value which keeps the stop point just out of range of the typical pullbacks in price within the trend. Typically, we find that an input value range between 1.5 to 5 works well, with the smaller value giving a closer stop.

  • 3 Black Crows

    3 Successive falling bodies

  • 3 Outside Down

    3 Long Candlesticks with consecutively lower closes, the high of current bar inside body of previous bar, 2 consecutive black after 1 white, white body inside following black body.

  • 3 Outside Up

    Long candlesticks with consecutively higher closes, the low of current bar inside body of previous bar, 2 consecutive white after 1 black, black body inside following white body.

  • Stoploss – ATR 10

    Trailing stoploss based on a percentage of the 10-day average true range.

  • Arps Trender™

    When the trend is up, the Arps TrenderTM plots a blue line below the price bars. When the trend is down it plots a red line above the price bars.

  • Andrews Pitchfork – Automatic

    In the late thirties a Dr. Andrews developed what he called his “median line” theory, which later evolved into a price pattern known as Andrews’ Pitchfork, because it resembles the shape of a pitchfork.

  • Arps Price Magnets™

    The Price Magnets is now available for purchase on NinjaTrader in addition to TradeStation and MultiCharts.

  • Monthly High, Low, Midpoint

    Plots horizontal dotted lines on today’s intraday chart showing last month’s high, low, and mid-point prices.