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Gapless Indicator Set for TradeStation

Price:
$99.00


Quick Reference

  Trading Style: Any - Gapless
  Market: Any (Stocks, Futures, Forex, Options...)
  Time Frame: Any (Tick, Minute, Daily, Weekly...)
  Guarantee: 30 Day Money Back Guarantee

 


Gapless Indicator Set for TradeStation

The gapless indicator set is a collection of TradeStation indicators and functions designed to eliminate the effect overnight gaps have on technical indicators. Each gapless indicator works in the same way as a regular indicator and includes the same settings and values except that the gapless version transitions seamlessly between the market closing and opening again the next day.

By eliminating the effect of the opening gap these indicators can react immediately to the market instead of waiting to catch up to the market after the gap open. This is especially true for intraday traders where something as simple as a 20 bar moving average indicator will take 20 bars to catch up to the market after a gap opening whereas a gapless moving average moves with the overnight gap making it more effective sooner.

In addition to a gapless bar indicator which can display market prices without gaps we have also provided gapless versions of 17 popular TradeStation indicators as part of the gapless indicator set.

  • %R
  • ADX
  • Average True Range
  • Bollinger Bands
  • Comm Channel Index
  • DMI
  • DMI strength
  • Keltner Channel
  • MACD
  • Momentum
  • Mov Avg 1 Line
  • Mov Avg Envelopes
  • Mov Avg Exponential
  • Mov Avg Weighted
  • RSI
  • Stochastic Fast
  • Stochastic Slow

As part of the gapless indicator set we have also included a set of gapless TradeStation functions which can be used in building or modifying your own gapless indicators and strategies. The functions provide gapless prices for the open, high, low and close of the market in question.

 

100% Money Back Guarantee
You can try these TradeStation indicators for 30 days risk free and evaluate them for yourself. If after purchasing these indicators you decide they are not right for you just let us know within 30 days for a full refund.

 

Screenshots
The intraday chart below compares a standard 20 bar moving average (in red) with a gapless 20 bar moving average (in yellow). Notice how as the market gaps higher there is a delay as the standard moving average slowly catches up, but the gapless moving average gaps with the market making it effective sooner.

The intraday chart below compares a standard 20 bar moving average (in red) with a gapless 20 bar moving average (in yellow). Notice how as the market gaps higher there is a delay as the standard moving average slowly catches up, but the gapless moving average gaps with the market making it effective sooner.

The tick chart of the S&P 500 below compares the standard and gapless versions of two popular oscillators, the RSI and CCI indicators. The higher and lower opening gaps have been highlighted in the chart to illustrate the difference in the effect gaps have on the two indicators.

This intraday chart includes two gapless exponential moving average indicators and a gapless MACD indicator. You can see from the chart the two moving average lines gap lower with the market at the open while the gapless MACD ignores the gap and continues to monitor the market as if the gap never happened.

Click to view all gapless indicator screenshots.

 

Additional Information
The gapless indicator set contains gapless versions of 17 popular TradeStation indicators.

Each gapless indicator works the same way as the regular TradeStation indicator and includes the same settings and produces the same values as the original, including alerts.

When applied to a RadarScreen each gapless indicator displays in the same way as its TradeStation counterpart.

 

The 17 gapless indicators provided work in exactly the same way as their regular counterparts and include the same settings and provide the same values. The RadarScreen below contains the regular versions and gapless versions of both a simple moving average indicator and a MACD indicator.
The RadarScreen contains the regular versions and gapless versions of both a simple moving average indicator and a MACD indicator.

 

Standard Indicator Features

  • Various inputs and settings to help customize and optimize each indicator.
  • Can be applied within TradeStation using various tools, including charts, RadarScreens and scanner.
  • Option to use TradeStation sound, message and email alerts.
  • Includes PDF manual.

 

TradeStation EasyLanguage Functions
All our indicators are provided in the form of a TradeStation EasyLanguage function. Easylanguage functions allow you to incorporate our indicators as part of your own TradeStation strategies and indicators.

 

Delivery
You should expect to receive your order within 1 working day via email.

 

     
  100% Money Back Guarantee
These TradeStation indicators come with a 30 day money back guarantee. During the first 30 days after purchasing these indicators you can use and evaluate these indicators as much as you like. If after purchasing these indicators you decide they are not right for you just let us know within 30 days for a full refund.
 
     

 

Continued Support and Updates for a Minimum of 12 Months
All our products include full support and updates for at least 1 year so if you have any problems or require any additional information you can contact us for assistance.

If you have any questions about this, or any other product we offer, please contact us.


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Disclaimer

All information provided is for educational purposes only and it should not be assumed that the information presented will be profitable or that it will not result in losses.

You understand and acknowledge that there is a high degree of risk involved in trading securities and/or currencies. TechnicalTradingIndicators.com assume no responsibility or liability for your trading and investment results and you agree not to hold the company liable for any monetary loss and/or damages of any kind. There is a high degree of risk in trading and you should always consult a qualified advisor about the suitability of any investment.

HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN

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