Loading... Please wait...

Special Offers & Discounts


Please join our newsletter and we can keep you updated with occasional emails about new products and exclusive discounts.

We will treat your information with respect and will not sell, rent or spam your email address and you can unsubscribe at anytime.

Trend Strength Indicator Set for TradeStation

Price:
$149.00


Quick Reference

  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.

 

Screenshots
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.

The trend strength indicator can color the bars of the chart to match the prevailing trend. Yellow for a bullish trend, gray for neutral and red for a bearish trend.

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 indicator can also display the actual trend strength value above each bar on the chart.

Click to view all trend strength indicator screenshots.

 

Additional Information
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 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 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.

Another example of the trend strength indicator and the trend reversal indicator together in the same chart.

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

  • Strength - displays the current trend strength value.
  • Bar Count – tells how many bars the current bullish or bearish trend, measured by the trend reversal indicator, has been active. A positive number indicates a bullish trend, while a negative number indicates a bearish trend.
  • Stop - is the current trailing stop price.
  • Pullback - displays an alert if a trend pullback exists on the current bar.

When applied to a RadarScreen the trend strength indicators can scan and sort multiple markets in real-time. In additional to identifying the strength of the current market trend the RadarScreen indicator also includes the number of bars contained within the currently trend as measured by the trend reversal indicator as well as the trailing stop value. It also includes a pullback column alerting to pullbacks occurring within a bullish or bearish trend.
The trend strength indicator applied to a RadarScreen containing the S&P 500 stocks.

 

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.


Find Similar Products by Category




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

Tradestation Disclaimer:
“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.

Cart

100% Money Back Guarantee

You Recently Viewed...

Add to Wish List

Click the button below to add the Trend Strength Indicator Set for TradeStation to your wish list.