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Swing Strength Indicator and Trading System for TradeStation

Price:
$99.00


Quick Reference

  Trading Style: Swing Trading
  Market: Any (Stocks, Futures, Forex, Options...)
  Time Frame: End Of Day
  Guarantee: 30 Day Money Back Guarantee

 


Swing Strength Indicator and Trading System for TradeStation

The swing strength indicator measures market swings to determine the oversold/overbought condition of the market being analyzed using a proprietary formula. The swing strength indicator is best applied to daily price data and ranks the market each day on a scale from -5 (very oversold market) to +5 (very overbought market) with the more extreme the rank the more likely the market is of reversing over the next few days.

The swing strength indicator measures the oversold/overbought condition of the market in question and ranks it from -5 (oversold) to 5 (overbought).

Included with the swing strength indicator is a mechanical trading system which is 100% systematic, using clear and simple rules to identify swing trading opportunities. The swing strength trading system uses the swing strength indicator combined with standard indicators to identify high probability swing trading opportunities.

 

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

 

Advantages of the swing strength trading system.

  • 100% systematic - eliminates emotions, discretion and guesswork from your trading.
  • Full disclosure of all trading rules - no black box - so you have complete understanding of how and why the swing strength system works.
  • The ability to backtest and verify the swing strength trading system thanks to a systematic set of rules.
  • TradeStation indicator provided to scan for swing strength signals and for use with RadarScreen.
  • Know exactly what trades to place each day with precise entry and exit rules.
  • TradeStation strategy provided as well as TradeStation indicator and workspace.
  • Backed by our 30 day money back guarantee.

 

The swing strength system can be applied to stocks, ETFs, e-minis and futures. For example when applied to the S&P 500 index the standard version of the swing strength strategy has been correct at predicting the short term market direction 81% of the time. Below you can find more performance data taken when the swing strength strategy is applied to the S&P 500 index.

In addition to the standard version of the swing strength trading system we will also provide you with two additional versions of the swing strength system. The conservative version of the swing strength system looks to reduce risk and improve trade performance by identifying trading opportunities with an even higher probability of profitability and an increased average return per trade while the aggressive version aims to improve net profitability by trading more aggressively.

 

             
   
S&P 500
Standard
Conservative
Aggressive
 
    Winning Trades:
81.52%
86.00%
75.87%
 
    Profit Factor:
5.45
13.61
2.72
 
             

 

We have also included the option to incorporate stops as part of the swing strength strategy and programmed this option into the TradeStation strategy provided.

 

Swing Strength Standard Version Performance Report
S&P 500 Index 01/01/00 - 05/01/12

The swing strength indicator measures the oversold/overbought condition of the market in question and ranks it from -5 (oversold) to 5 (overbought).

Results are for index points captured.

Swing Strength Standard Version Equity Curve
S&P 500 Index 01/01/00 - 05/01/12

Swing Strength Standard Version Equity Curve: S&P 500 Index 01/01/00 - 05/01/12

Results are for index points captured.

 

In addition to the standard version of the swing strength trading system we have also provided two additional versions of the swing strength system. The conservative version of the swing strength system looks to reduce risk and improve trade performance by identifying trading opportunities with an even higher probability of profitability and an increased average return per trade.

Swing Strength Conservative Version Performance Report
S&P 500 Index 01/01/00 - 05/01/12

Swing Strength Conservative Version Performance Report: S&P 500 Index 01/01/00 - 05/01/12

Results are for index points captured.

 

The aggressive version trades more aggressively in an attempt to capture more points and increase the total profit.

Swing Strength Aggressive Version Performance Report
S&P 500 Index 01/01/00 - 05/01/12

Swing Strength Aggressive Version Performance Report: S&P 500 Index 01/01/00 - 05/01/12

Results are for index points captured.

 

The swing strength system can also be applied to other indices like the NASDAQ or Russell 2000, sector indices or ETFs or to stocks.

In addition to the standard, conservative and aggressive versions of the swing strength trading system we will also show you how you can apply the swing strength system to more volatile markets like individual stocks.

Below are some highlights taken from performance reports which were created when the swing strength trading system was applied to individual stocks. And just like the performance reports for the S&P 500 above the figures shown here are for all trades, long and short. These results are for every trade taken by the system for each stock between 01/01/00 (where the stock was available to trade on that date) and 05/01/12.

 
BMY
-
Winning Trades: 81.82%
-
Profit Factor: 6.08
 
UNP
-
Winning Trades: 82.35%
-
Profit Factor: 4.28
 
FCX
-
Winning Trades: 87.50%
-
Profit Factor: 5.30
 
PFE
-
Winning Trades: 93.10%
-
Profit Factor: 14.02
 
DIS
-
Winning Trades: 70.37%
-
Profit Factor: 5.42
 
SLB
-
Winning Trades: 78.26%
-
Profit Factor: 3.53
 
LLY
-
Winning Trades: 67.86%
-
Profit Factor: 4.20
 
HPQ
-
Winning Trades: 85.71%
-
Profit Factor: 9.52
 
TGT
-
Winning Trades: 83.33%
-
Profit Factor: 5.04
 
MDT
-
Winning Trades: 72.97%
-
Profit Factor: 4.52

 

Indicator Description
The swing strength formula has also been incorporated into a set of TradeStation indicators which can be used independently of the trading system. The indicators calculate the swing strength value for a market and can then display the swing strength value within a chart or RadarScreen or be used to scan multiple markets to identify oversold and overbought markets.

 

Screenshots
The chart below shows the swing strength indicator applied to MSFT. The indicator displays the swing strength value over each bar and included the option to color code each bar or candlestick on the chart to make it quick and easy to identify the oversold and overbought markets.

The swing strength indicator is also provided as a sub-graph indicator if you prefer to keep your price charts clear. This chart contains both the sub-graph indicator and the price bar indicator.

The swing strength indicator is also provided as a sub-graph indicator if you prefer to keep your price charts clear. The chart below contains both the sub-graph indicator and the color bar/text indicator.

The swing strength indicator can color the bars of the chart to match the oversold/overbought condition of the market. Yellow for oversold, gray for neutral and red for overbought. The swing strength indicator can also display the actual swing strength value above each bar on the chart.

When applied to a RadarScreen the swing strength indicator provides extra information in addition to the current swing strength value.

  • Strength - displays the current swing strength value.
  • SS Bars – shows for how many consecutive bars the market has been overbought/oversold.

When applied to a RadarScreen the swing strength indicator can scan and sort multiple markets in real-time.
The swing strength indicator applied to a RadarScreen containing the S&P 100 stocks.

 

Standard Indicator and Strategy Features

  • Various inputs and settings to help customize and optimize each strategy and indicator.
  • Each strategy is also provided as an indicator which can be used for scanning purposes or displayed within a chart or RadarScreen.
  • Option to use TradeStation sound, message and email alerts.
  • Includes PDF manual and pre-configured TradeStation workspace.

 

TradeStation Indicators and Strategies
In addition to two PDF manuals explaining both the swing strength indicator and trading systems in detail we will also provide you with a TradeStation strategy file which you can use to help test and validate the system for yourself. The TradeStation strategy is provided open source so you can view the easylanguage code and see exactly how the strategy works. The strategy includes various settings which you can use to adjust and optimize the trading system if you wish. We will also provide you with a TradeStation indicator for use within a chart or RadarScreen or for scanning for signals, and a pre-configured workspace to get you started using the system.

 

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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“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.”

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