“Custom indicators allow traders to create tools that
can give them an edge by helping them to easily identify
specific market conditions instead of being limited to using
the pre-programmed indicators that are included in their
trading platform.” - Lee Leibfarth, Stocks
& Commodities, January 2006
VSTOPS
Indicator Package
Indicator and PaintBar Study
The VSTOPS
Indicator Package provides an innovative method of calculating
stop levels based on market activity. This package includes both
an indicator and a paintbar study that work together to give traders
an objective method of determining a trading condition as well
as providing definitive stop levels. VSTOPS uses an extremely
fast filter to determine market volatility, and step-up stop levels
to help traders protect their profits.
PZT
VSTOPS displays a dotted line representing the
current stop level that is displayed below the current price for
long conditions, and above the current price for short conditions.
As price continues into a trend, the indicator recalculates these
stops, moving them closer to the direction of the current price.
The indicator
uses a color-coding system to quickly identify the condition of
the market, and this can be customized by the user. By default,
green represents long conditions, red represents short conditions
and blue represents a transition (between long and short). As
price transitions, a blue dot appears at the point where price
penetrates the stop level. In many cases, this represents the
end of a price move. top
To
view the VSTOPS user's manual, click
here
Indicators
will be e-mailed to you as attachments. Please allow 24-48 hours
for delivery after purchase.
High
Performance Intraday Analysis Suite
For E-mini stock index futures
The High Performance
Intraday Analysis (HPIA) Suite offers seven (7) innovative indicators
and nine (9) individual workspaces designed to help day traders
maintain a high level of situational awareness in the markets.
The HPIA indicators are specifically designed for the E-mini index
futures contracts (S&P 500 E-mini, Russell 2000 E-mini, NASDAQ
100 E-mini, Dow mini-sized) and can help traders spot high probability
day trading setups as soon as they occur. All of these custom
indicators are designed to perform fast and reliably in volatile
intraday markets.
The
HPIA Indicator Suite includes:
1.
PZT ADAPTIVE MA is an adaptive moving average
that is plotted using statistical calculations to determine an
optimal look back period. This indicator displays different colors
depending on whether it has a positive or negative slope, and
can even display an “adaptive channel” that highlights
strong trending price moves. This moving average tracks price
very quickly and can be a great intraday tool for determining
the strength and direction of a price trend.
2. PZT POWER PIVOTS
are used to display eleven (11) important support and resistance
levels that are projected as a series of horizontal lines on the
price chart along with accompanying text. Since E-minis trade
during multiple session times, these custom pivots points are
calculated by determining an overall high, low and closing price
from two separate sessions. In addition, the previous day’s
high, low, open and closing prices can be displayed as a horizontal
line and as text.
3. PZT TICK COUNTDOWN
displays the number of ticks or the volume remaining in the current
bar of a tick or volume interval chart. A countdown meter acts
much like a price display on a gas pump, which allows you to judge
the flow of gas into your car by the speed at which the price
scrolls by. Looking inside a price bar using a countdown meter
allows a trader to gain instantaneous information about the speed
of the market.
4. PZT AUTO TREND
automatically draws trendlines on a price chart. This intuitive
indicator helps traders spot areas of support and resistance that
often lead to dynamic price breakouts. Many traders have found
this indicator “magically” draws the exact trendline
they were about to draw manually.
5. PZT TEXT ALERTS
provides a line of text that alerts traders as unique conditions
in the market develop. Alerts include critical points in the trading
day where price reversals are likely to occur, as well as dynamic
short-term market moves that may lead to strong trends or key
market reversals.
6. PZT PROOF is
a powerful adaptive oscillator based on a statistical range of
price action. Similar to a stochastic indicator, it creates values
by comparing the distance between closing prices and highs or
lows. While the calculations are somewhat complex, it forms a
fast moving oscillator that can be useful in determining price
swings on intraday charts.
7. PZT THERMOMETER
measures the “temperature” of a market by comparing
the current closing price to the high or low of the day. This
custom indicator displays a temperature reading as a percentage
of price difference and can offer a quick reference for the magnitude
of a price move or trend. top
To
view the HPIA user's manual, click
here
For
a limited time only, purchase the HPIA Indicator Suite and receive
the VSTOPS Package for FREE!
Indicators
will be e-mailed to you as attachments. Please allow 24-48 hours
for delivery after purchase. Intraday
Multi-View Suite
For stocks and futures
The Intraday
Multi-View (IMV) Suite provides traders with an innovative method
of viewing the market. It has never been this easy to analyze
so many different charts and internal market indicators, all in
one concise workspace. This indicator package includes five (5)
custom indicators and three (3) workspaces designed to help intraday
traders analyze multiple markets over multiple time frames. Using
a simple color-coding system, traders can easily spot bullish
(green), bearish (red) or neutral (yellow) market conditions over
a range of several minute, daily and weekly time intervals.
The
IMV Indicator Suite includes:
1.
PZT MULTI CHART allows traders to view multiple
timeframes and establishes the condition of price movement using
an adaptive phase indicator. Price phase (bullish, bearish or
neutral) is displayed for five different time intervals: 5-minute,
15-minute, 30-minute, daily and weekly. This indicator allows
traders to view market information in a way that is easy to process
and that takes up significantly less space than traditional charts.
2. PZT MARKET STRENGTH
displays the relative strength of four market indicators that
are significant to intraday traders. The daily changes of the
Dow Jones Industrial Average and Nasdaq Composite, as well as
the current levels of NYSE and Nasdaq TICK indices, display a
changing color gradient as they pass key threshold levels. This
tool quickly and easily allows traders to determine the strength
or weakness in the overall market.
3. PZT ADAPTIVE MA
is an adaptive moving average that is plotted using statistical
calculations to determine an optimal look back period. This indicator
displays different colors depending on whether it has a positive
or negative slope, and can even display an “adaptive channel”
that highlights strong trending price moves. This moving average
tracks price very quickly and can be a great intraday tool for
determining the strength and direction of a price trend.
4. PZT TEXT ALERTS
provides two lines of text that alerts traders as unique conditions
in the market develop. The top line alerts traders to critical
points in the trading day where price reversals are likely to
occur. The second line alerts traders to dynamic short-term market
moves that may lead to strong trends or key market reversals.
5. PZT PIVOTS are
used to display seven (7) important support and resistance levels
that are projected as a series of horizontal lines on the price
chart along with accompanying text. In addition, the previous
day’s high, low, open, and closing prices can be displayed
as horizontal lines and text. top
To
view the IMV user's manual, click
here
For
a limited time only, purchase the IMV Indicator Suite and receive
the VSTOPS Package for FREE!
Indicators
will be e-mailed to you as attachments. Please allow 24-48 hours
for delivery after purchase. |