|Trading Style:||Trend / Reversal / Volatility|
|Market:||Any (Stocks, Futures, Forex, Options...)|
|Time Frame:||Any (Tick, Minute, Daily, Weekly...)|
|Guarantee:||30 Day Money Back Guarantee|
Reflection Indicator Set for TradeStation
The reflection indicator creates a mirror image of the current market by reflecting recent price activity into the future with the purpose of identifying market trend and the potential trading range and volatility of the market going forward. The concept was popularized by Welles Wilder in his book on Adam Theory.
In addition to the regular reflection indicator we have also programmed four additional indicators based upon the reflection formula and two dedicated radarscreen indicators to help take advantage of the reflection trading process. The reflection indicator set includes:
1. Reflection bars indicator
2. Reflection line indicator
3. Reflection bands indicator
4. Reflection oscillator indicator
5. Reflection volatility bands
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.
Reflection bars indicator - displays a mirror image of recent market price action on a bar by bar basis providing a visual projection of the current market into the future. This helps identify the volatility of the market and the worthiness of the trend along with potential profit targets over time.
Reflection line indicator - is similar to the bar indicator but reflects a line, like a moving average, instead of actual bars.
Reflection bands indicator - calculates the upper and lower extremes of the projected reflection and displays it as bands around the current price. The closer prices are to the lower bands the more bullish the market and the closer prices are to the upper band the more bearish the market is.
Reflection oscillator indicator - is a sub-graph indicator which displays the current markets position in relation to the associated reflection bands. The higher the indicator the stronger the bullish trend and the lower the indicator the stronger the bearish trend.
Reflection volatility bands - are similar in style to Bollinger bands and work based on the volatility of the reflection formula. As prices near or cross the upper band the market is considered overbought and as prices cross the lower band the market is considered oversold.
The reflection formula has been incorporated into multiple indicators to help you take full advantage of price reflections.
Each indicator includes multiple settings for you to customize the indicator, including the ability to reflect more than just price bars.
The reflection indicator set includes two dedicated RadarScreen indicators. The standard reflection RadarScreen indicator combines values from the different reflection indicators into one RadarScreen.
The reflection indicator set also includes a second RadarScreen indicator for the reflection volatility bands.
Standard Indicator Features
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.
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.
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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