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  Neither TradeStation Technologies nor any of its affiliates has reviewed, certified, endorsed, approved, disapproved or recommended, and neither does or will review, certify, endorse, approve, disapprove or recommend, any trading software tool that is designed to be compatible with the TradeStation open Platform.

TradeStation Indicators

PowerZone Trading offers three unique indicator packages for the TradeStation format:

 


“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

PRICE: $99

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!

PRICE: $599
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!

PRICE: $599
Indicators will be e-mailed to you as attachments. Please allow 24-48 hours for delivery after purchase.

 

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