|Trading Style:||Trend / Breakout / Swing Trading|
|Market:||Any (Stocks, Futures, Forex, Options...)|
|Time Frame:||Any (Tick, Minute, Daily, Weekly...)|
|Guarantee:||30 Day Money Back Guarantee|
|Bonus:||Includes a FREE copy of Trailing Stop Indicator Set|
Trend Strength Indicator Set for TradeStation
The trend strength indicator set is a collection of indicators designed to help TradeStation users identify trending markets in any time frame, and to take advantage of these markets. The trend strength indicator analyzes prices over time to determine which of the three trending stages the market is in - bullish, bearish or neutral. In addition to identifying which trend stage the market is in the trend strength formula goes one step further when analyzing the trend in that it scores the current trend on a scale of 0-10 with 0 representing a strong bearish trend and 10 representing a strong bullish trend.
Utilizing the trend strength formula we have also included two additional indicators to help take advantage of this trend strength scoring method.
The first is a trend reversal indicator which identifies when a major trend shift has occurred and the market has shifted from a bullish to a bearish trend, or vice versa. This provides an opportunity to identify trend changing markets and take advantage of the change in trend early. And to help traders make the most of the trend we have included a new trailing stop indicator that works with the trend reversal indicator to trail a stop in measured stages as it follows the market. For traders that prefer a more traditional stop that follows price more closely we are also including our trailing stop indicators for free.
The second of our trend strength associated indicators is a pullback indicator designed to help swing traders identify strongly trending markets and alerting them when these markets pullback providing potential swing trading opportunities. Swing traders can select exactly how large or small the pullback should be and how long the pullback should take.
The trend strength indicator set also includes a FREE copy of our trailing stop indicators which we feel compliment our trend strength indicators.
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.
An intraday chart of the forex markets with the trend strength indicator displaying both colored bars and the actual trend strength value on each bar. The trend strength indicator includes the option to color code each bar or candlestick on the chart to make it quick and easy to identify the trend as well as the option to display the actual trend strength value on each bar, also color coded.
If you prefer to keep your price charts clean then the trend strength indicator is also provided as a regular indicator that can be plotted in a sub-graph as demonstrated in the chart below which includes both the color bar/text indicator and the regular indicator for comparison.
The trend strength indicators include multiple settings allowing you to personalize the indicators including changing the prices used to calculate trend strength and the associated trailing stops, the sensitivity of the indicator or the values necessary to trigger a bullish, bearish or neutral trend. Swing traders can select exactly how large or small the pullback should be and how long the pullback should take.
The trend reversal indicator is a TradeStation showme indicator that alerts you when the trend changes from bullish to bearish, or vice versa. When a trend is neutral the indicator treats this as a consolidation of the prior trend and waits for the trend to continue or to reverse, triggering an alert. This indicator also includes an optional trailing stop that compliments the trend strength indicator by matching the current trend and trailing a stop in measured increments.
The chart below includes both the trend strength bars indicator and the trend reversal showme indicator in the same chart. The large showme dots indicate when the indicator alerted to a change in trend and the small showme dots represent the trailing stop.
The trend pullback indicator is used to identify pullbacks that occur during a strong trending market, particularly useful for swing traders. Users can set the minimum bullish or bearish trend necessary along with the minimum and maximum requirements of each pullback and the number of bars during which the pullback should occur. The indicator will then alert you as each pullback occurs.
The chart below includes both the trend strength bars indicator and the trend pullback showme indicator in the same chart. The showme dots on each chart show when a trend pullback signal triggered.
When applied to a RadarScreen the trend strength indicator provides extra information in addition to the current trend strength value.
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
“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.”
Read our full disclaimer plus terms and conditions here.