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Add-On Studies and Analysis
New Add-On Studies:
bullet The eMini-Master POLR bullet Trading Pro exa Studies Suite
bullet Hamzei Analytics "HotSpots" bullet The Triades
bullet PowerTools Trading System bullet TurnSignal
bullet Price Gauge bullet Wave Tracker and WaveTracker PRO
bullet Raghee Horner's EZ2Trade Software (EZ2 Pivots and EZ2 Trailing Stops)    

In addition to add-on services such as news and commentary, Market Depth and scanners, eSignal offers technical indicators and formula studies, both free and add-on. Developed by eSignal and its partners, these indicators and studies strengthen your decision support capabilities and, thus, increase your profits.

eSignal's built-in formula script (EFS) capabilities allow you to add popular studies to your charts, download and modify -- or even create your own technical analysis studies within eSignal. Our partners make it easy for you to:

We also offer risk analysis tools (from us and our partners) that you can add on to your eSignal subscription. With these, you'll be able to extend your decision support and increase your strategic advantage.

bullet eSignal, Advanced GET Edition bullet John Ehlers' MESA Indicators
bullet Bollinger Band Tool Kit bullet Kase StatWare
bullet Chris Kryza's cyclePack bullet OptionsPlus
bullet Day Trading Action Study bullet PowerTools Trading System
bullet eMESA Trading System bullet Price Gauge
bullet The eMini-Master POLR bullet Raghee Horner's EZ2Trade Software
bullet Hamzei Analytics bullet RiskCompass
bullet Jan Arps' Traders' Toolbox Crown Jewels, (now with Triple Trender) bullet The Triades
bullet Joe Krutsinger's Trading System bullet WaveTracker and WaveTracker Pro


The Bollinger Band Tool Kit

The Bollinger Band Tool Kit for eSignal is a tool kit for investors and traders wishing to unleash the power of Bollinger Bands. It includes 31 indicators and systems covering the major aspects of Bollinger Bands and volume indicators and a chart layout.

The potential of the tools in this kit is practically unlimited. What you do with them is entirely up to you. These tools have been designed to offer the maximum flexibility and, therefore, the greatest potential. Some of the tools are free standing and can be used on their own while others are of greater worth when combined with other tool kit elements or other analytical tools.

The Bollinger Band Tool Kit includes the following:

Accumulation-Distribution - Open Form Normalized Volume
Accumulation-Distribution - %oscillator Normalized RSI
AutoWidth BandWidth (NEW!) On Balance Volume - Open Form
AutoWidth Bollinger Bands On Balance Volume - %oscillator
AutoWidth %b (NEW!) %b
BandWidth (Newly Enhanced!) Positive Volume Index
Bollinger Bands Reversal System
Confirmed Band Breakout RSoverlay (NEW!)
Four normalized momentum indicators The Squeeze
Four normalized trend indicators Trend Following System
Four normalized Volume Indicators Volume Oscillator
Intraday Intensity - Open Form Volume-Price Trend - Open Form
Intraday Intensity - %oscillator Volume-Price Trend - Closed Form
Money Flow Index Volume-Weighted MACD
Negative Volume Index    

For more detailed information, read an article.

The Bollinger Band Tool Kit is $ per month.

If you are not already an eSignal subscriber, sign up for eSignal first.

If you are already an eSignal subscriber, add the Bollinger Band Tool Kit to your eSignal account.


Chris Kryza's cyclePack

This unique collection of cycle analysis tools and indicators is brought to you by Divergence Software, Inc. cyclePack uses state-of-the-art digital signal processing (DSP) techniques to extract the cycles that exist in your financial data and gauge their significance. This information is then used to make projections as to how the security you are currently charting is likely to behave in the future.

Cycles are present in all time series and in all time frames. Whether you know it or not, you make decisions based on cycles every trading day. Each time you add an indicator to your chart and set the length of that indicator, you are making a decision based on cycles. Each time you make a determination that a particular security will either start turning up in price or begin heading down, you are making a decision based (at least in part) on cycles. Cycles are everywhere in our price data.

Cycle analysis is the process of cleaning and filtering a time series (in our case, a series of security price data) and applying spectrum analysis techniques to extract the cyclical content. Once the cyclical components have been revealed, we can examine them and isolate the strongest and / or “best-behaved” cycles. With that information in hand, we can then make educated projections in terms of how the security being analyzed will behave in the future. Cycle analysis can be a powerful tool when used in conjunction with existing technical analysis indicators and methods.

cyclePack consists of four indicators that perform slightly different tasks:

  • cycleAnalyzer -- The cornerstone of the cyclePack collection, it displays the individual cycles extracted from your price data in a graphical format.
  • cycleProjector -- The cycleProjector takes the individual cycles and combines them into a synthetic time series and projects this time series into the future. It is useful for highlighting significant near-term turning points and can also provide a good estimate of overall direction.
  • cycleProjectorXT -- This indicator is identical in function to the cycleProjector, except that it uses a more detailed approach to extract the cycles and create the synthetic time series.
  • cycleMABands -- This indicator uses Linear Prediction algorithms to assist in the creation of Hurst-type price channels.

For more detailed information, read an article.

cyclePack is priced at $ per month.

If you are not already an eSignal subscriber, sign up for eSignal first.

If you are already an eSignal subscriber, add the cyclePack to your eSignal account.


Day Trading Action Study

The Day Trading Action Study, also known as the "High Five," consists of
the following indicators:

  • The NASDAQ Composite Index (the "NAZ")
  • The TRIN
  • The VIX
  • The TICK index
  • MER (Merrill Lynch Stock)

Together, these five indicators can paint a clear picture of the market's mood and direction for that session. When they all point in the same direction, you are ill-advised to ignore them, and, when they give a mixed picture, you can often save time and money by staying flat.

The Day Trading Action Study is now available as an add-on service to your eSignal subscription for only $ a month.

If you are not already an eSignal subscriber, sign up for eSignal first.

If you are already an eSignal subscriber, add the Day Trading Action Study to your eSignal account.


eMESA Trading System

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eMESA is an easy-to-trade mechanical system specifically designed to trade the S&P E-Mini contract. It is very robust, with back testing history from 1996. In the last year, it has returned more than 150 percent profit on a $10,000 account. eMESA uses the opening range breakout method first popularized by Tony Crabel in 1990, enhanced with dynamic adjustments using volatility and trend parametrics. You get a reversal signal for the next day’s trading, so you are always in the market both long and short. Trade duration is 2.5 days on the average. Because the signal generation is generic, eMESA can successfully trade a wide range of market indices and exchange traded funds (ETFs), such as the DOW, Russell, SPY, DIA and QQQ.

eMESA is available as an add-on service to your eSignal subscription for only $ a month.

If you are not already an eSignal subscriber, sign up for eSignal first.

If you are already an eSignal subscriber, add the eMesa Trading System to your eSignal account.

Access how-to-use information.


The eMini-Master POLR

The eMini-Master™ POLR© series developed by Jim Harrison is a unique and powerful set of tools with a visual approach to finding the “POLR©”, or “Path of Least Resistance©.” Most of these tools are universal in their application, and traders can use them on their favorite symbols, including the CME e-Mini Futures, Forex currency pairs, bonds, commodities and individual equities.

Also included are our Critical Time Zones module and 2 Program Trading Modules designed exclusively for the CME e-Mini Futures. These powerful indicators alert astute traders to those times of day when we expect “action,” along with those times when institutional program trading is most likely and gives both a visual and audio alert.

A cost less than 2 eMini-S&P points per month, extensive toll free support, unlimited access to training videos and live training events make this add-on package a true no-brainer. It is like having an experienced trading assistant right there with you all day, everyday.

The eMini-Master POLR series includes:

POLR_1 POLR_Combo
POLR_2 PRO Critical Time Zones
POLR_3 PRO S&P 500 Program Trades Level 1
POLR_4 PRO S&P 500 Program Trades Level 2

The eMini-Master POLR tools are available as an add-on service to your eSignal subscription for only $ a month.

If you are not already an eSignal subscriber, sign up for eSignal first.

If you are already an eSignal subscriber, add the eMini-Master POLR tools to your eSignal account.

Access how-to-use information.


Hamzei Analytics

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Hamzei Analytics, LLC has expanded its Partners Program with eSignal to include eight of its coveted indicators, CI, DCI, CI Diff, DV and IVBO, and the "HotSpots" in the EFS 2.0 format. Using these indicators will enable you to see why Hamzei Analytics (www.HamzeiAnalytics.com) is the first choice of professional traders and hedge fund / institutional money managers.

The Central Intelligence (CI) study is ideally suited for trend- and momentum-based trading. It's configured to respond properly for intraday trend detection during the opening hours of the trading day. This is the ideal momentum indicator for day trading high-beta stocks, sector ETFs or futures on a gap-up or gap-down day.

The Dual CI (DCI) study can be used to look for non-conforming bullish and bearish divergences. Because the inputs of the DCI indicator are user-definable, the user can manipulate and / or optimize it for different markets and / or different bar intervals. A divergence occurs when a price revisits a recent channel breakout high or breakdown low while the accompanying indicator fails to do so. Market technicians call it a non-confirmation. Divergence typically provides entry points with an acceptable risk-to-reward ratio.

The Central Intelligence Difference (CI Diff) study is an anticipatory derivative indicator of the CI Indicator. For high leverage trades, the CI Diff Indicator acts as an early warning for upcoming trends in the CI Indicator.

The Directional Volatility (DV) study is an indicator that helps you avoid being in the markets during Small Range days and, rather, focus on taking a 70% chunk out of a directional move during the Big Range days.

The Intraday Volume Break Out (IVBO) study helps you identify upcoming moves during seemingly sleepy hours of the markets, hours often used by smart money / hedge funds to mask their true trading intent (i.e., accumulation / distribution).

"HotSpots", a Special Application of the Daily, Weekly and Monthly Support, Pivot and Resistance Indicator (SPRD, SPRW and SPRM). Support, Pivot and Resistance Indicators are previous-bar-volatility-based indicators used for years by floor traders (daily bars) and professional traders (weekly and monthly bars).Often, you will see high volumes when the asset approaches these price levels. Hamzei Analytics uses these price objectives as stop management and profit target levels instead of using the traditional fixed price money management habits of the past. The beauty of the code presented here is that it has intelligence to correctly detect the trading calendar and adjusts accordingly for the following period.

These tools are available for one low monthly add-on fee of $. Receive the first 30 days free when you add the service to your subscription.

If you are not already an eSignal subscriber, sign up for eSignal first.

If you are already an eSignal subscriber, add Hamzei Analytics your eSignal account.

Access how-to-use information for the CI and DCI.

Access how-to-use information for the CI Diff and DV.

Access how-to-use information for the IVBO.

Access how-to-use information for the Support, Pivot and Resistance Indicator (SPRD, SPRW, SPRM).


Jan Arps' Traders' Toolbox Crown Jewels

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Jan Arps' Traders' Toolbox is part of a library of more than 400 indicators and systems to help the trader and investor better understand and anticipate the ebbs and flows of market price action. These Crown Jewels of the library are designed to help the user generate profitable trades by identifying optimum times and price levels to enter at the beginning of a new swing and exit at or near the end of that swing.

The Arps Crown Jewels available to add onto the eSignal advanced charting platform are listed below:

Arps Fear/Greed Index (Radar1) Arps Price Magnets Support/Resistance Levels
Arps Price Leader Acceleration Oscillator (Radar2) Arps AutoDiv Universal Divergence Tool
Arps Trend Index (Radar3) Arps SuperPaint Permission Screen
Arps Trender Arps Pivot Points Monthly
Arps Trender Pullback Tool Arps Pivot Points Weekly
Arps Pro-Mom Trend Bars Arps Pivot Points Daily
Arps RangeFinder Arps Triple Trender NEW!

View these videos on Jan Arps' tools:

Now, for a Limited Time, Hurst Polynomial Regression Bands Included at No Extra Charge.

In addition to the Crown Jewels Tool Kit, Jan Arps' Traders' Toolbox now also offers the revolutionary new Hurst Polynomial Regression Bands Tool Kit, consisting of the following tools:

  • The Hurst Bands-Historic indicator plots a set of standard deviation channel lines around a polynomial regression centerline to help the user identify levels of optimum probability for entering and exiting trades.
  • The Hurst Bands-Actual indicator plots the progress of the end point of the Hurst Bands-Historic calculation for each bar on the chart, thus providing a continuous evaluation of how the Hurst Bands' relationships have changed with time.
  • The Hurst Bands-Oscillator provides an indication of normalized deviations of price from the regression mean, thus revealing when prices are overbought or oversold in varying volatility environments.
  • The Hurst Bands-Multi-Order Centerlines indicator provides an excellent means for identifying trend direction and strength through the interaction between two polynomial regression centerlines of different orders.

The Hurst Polynomial Regression Bands indicators are available, for a limited time only, as part of the Crown Jewels service at no additional cost.

Access how-to-use information.

Jan Arps' Traders' Toolbox Crown Jewels are available as an add-on service to your eSignal subscription for only $ for the first month, $ per month thereafter.

If you are not already an eSignal subscriber, sign up for eSignal first.

If you are already an eSignal subscriber, add the Jan Arps' Traders' Toolbox Crown Jewels to your eSignal account.


Joe Krutsinger's Trading System

Joe Krutsinger's Trading System trades the NASDAQ 100 as an index or stocks within the NASDAQ 100.

This new trading system, engineered by Joe Krutsinger, CTA, is the result of 27 years of full-time research. It is an innovative strategy for trading the NASDAQ 100 Index or any of the 100 stocks within that index.

Joe has found an elegant entry technique designed to capture the short-term market “turning points” in the NASDAQ stocks. His system takes the guesswork out of where to enter, where to exit, and what to do if you are wrong! The entry is so robust that it yields extraordinary profits on the 100 component basket of stocks without added filters or stop logic. This system has been evaluated and received a top rating by Futures Truth!

This strategy is also an “always in reversal system.” It has no variables. It is never optimized. It can be used as a market-directional indicator or on stocks to indicate the direction for trading options! Let the developer back test it on your favorite NASDAQ stock. Simply email Joe Krutsinger, CTA directly with the symbol of your stock at dsachs@windstream.net and Joe will personally get your report right out to you.

For more detailed information, read an article.

Joe Krutsinger's Trading System is priced at $ per month.

If you are not already an eSignal subscriber, sign up for eSignal first.

If you are already an eSignal subscriber, add Joe Krutsinger's Trading System to your eSignal account.


John Ehlers' MESA Indicators

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The MESA Indicators allow you to view the market in a whole new way. The indicators accurately measure the frequency spectrum and identify the dominant cycle. Most oscillators give late signals, but the Sine / LeadSine indicators anticipate the turning points of the dominant cycle. The Phase indicator shows the market position within the period of the measured dominant cycle. By subtracting the cycle component from the price movement, a low lag Instantaneous Trendline is created. This Trendline identifies the onset and termination of trend movement.

The MESA Indicator studies available for add-on to eSignal are:

  • Dominant Cycle
  • Phase
  • Sine and LeadSine
  • Instantaneous Trendline and Minimum Lag Smoother

Access how-to-use information.

The MESA Indicators are now available as an add-on service to your eSignal subscription for only $ a month.

If you are not already an eSignal subscriber, sign up for eSignal first.

If you are already an eSignal subscriber, add the MESA Indicators to your eSignal account.


Kase StatWare

The Kase StatWare indicators are an inventive set of indicators that automatically adapt to thechanging market conditions. Because the indicators are highly mathematical and statistically based, these indicators are extremely accurate and lend themselves well to any market and any time frame. StatWare is valued by traders because it combines high accuracy with ease of use. The StatWare package includes entry indications, stop levels and exit indications and, thereby, covers every aspect of trading. Among the indicators are the Kase PeakOscillator and the KCD, which have been found to reliably predict market turns 95 percent of the time.

The per-month fees for adding Kase StatWare are:

  • $ for non-pros
  • $ for pros in the U.S. and Canada
  • $ for pros outside the U.S. and Canada

If you are not already an eSignal subscriber, sign up for eSignal first.

If you are already an eSignal subscriber, add the Kase StatWare to your eSignal account.

Access a manual that describes the StatWare indicators with plenty of screen shots to show you how they work.


OptionsPlus

This risk management software provides sophisticated analysis tools for the stock options trader. For assessing the viability of hypothetical and real positions, OptionsPlus is included in the eSignal Premier Plus and eSignal Pro packages at no extra cost and combines with eSignal's market data and other decision support tools to make a formidable trading platform for options traders.

OptionsPlus helps you choose your positions, tweak them for strategic viability and track their actual and theoretical performance. It also requires an OPRA subscription. Read more.

If you are not already an eSignal subscriber, sign up for eSignal first.


PowerTools Trading System

PowerTools is a highly effective, fully adaptive trading system that automatically generates buy and sell signals for any market and can be used on intraday and daily charts. Visually stunning and intuitive to use, PowerTools is now available as a complete trading system for eSignal Advanced Charting.

 

 

These tools are available for one low monthly add-on fee of $.

If you are not already an eSignal subscriber, sign up for eSignal first.

If you are already an eSignal subscriber, add PowerTools Trading System to your eSignal account.

To learn more about the PowerTools Trading System or to obtain subscriber support and the latest PowerTools EFS file, please visit Teresa's online library at PowerSwings.com.


Price Gauge

Uncomplicated and easy to use, Price Gauge is a unique way to view price movement. A glance shows you the extent of typical moves, where the price is currently and where it can be expected to go. And, it works with real-time and end-of-day data. This formula study adapts well to different trading patterns.
Price Gauge fulfills four essential requirements for an indicator. It:

 

  • Is easy to interpret with price bars and a single, straight line
  • Reacts quickly to price changes with immediate data, right up to the latest tick
  • Is accurate, showing you where the price is in relation to its previous history
  • Is free from distortion, letting you ignore wayward ticks and still make informed discisions

Price Gauge is available to add onto your eSignal application for only $ a month.

If you are not already an eSignal subscriber, sign up for eSignal first.

If you are already an eSignal subscriber, add Price Gauge to your eSignal account.

Access how-to-use information.


Raghee Horner's EZ2Trade Software

EZ2Trade is based on an approach called "Three Classic Tools to a Three-Step Set-Up," which uses support, resistance, trendlines, Raghee's own market cycle indicator called the "Wave", Fibonacci levels and much more to provide entry levels, stop loss levels and profit targets.

With its "one-click" simplicity, the EZ2Trade Charting Collection is a set of automated studies that allows any trader to automate:

Trendlines The Wave
Support and Resistance Candlestick Patterns
Fibonacci Levels Pivot Points
Minor Highs and Minor Lows Trailing Stop / Strength Indicator

Each of these charting tools is used in the EZ2 Trade "Three-Step" Trading Plan, which is available to all subscribers. Effective for trading intraday and end-of-day Forex, futures and stocks, these tools bring together the best of classic charting with the automation of eSignal Formula Script (EFS). (More information)

The EZ2 Trade Charting Collection, along with the "Three-Step" Trading Plan, was developed to take the guesswork out of entries, stop-loss levels and trading targets. Each of these charting tools automatically adjusts with price and can also be used as a training tool with eSignal's Replay feature. Take advantage of hours of video instruction to learn how to get the most from your eSignal and the EZ2Trade Add-On. (More information)

Raghee Horner is the author of the bestselling books Forex Trading for Maximum Profit and Thirty Days of FOREX Trading. For Subscriber Support, including Trading Plan requests, please visit Raghee's website.

Access how-to-use information.

EZ2Trade is priced at $ per month.

If you are not already an eSignal subscriber, sign up for eSignal first.

If you are already an eSignal subscriber, add EZ2Trade to your eSignal account.


RiskCompass

RiskCompass is a stock options risk management tool available as an add-on to eSignal and eSignal Pro subscribers with the eSignal products that have options. It also requires an OPRA subscription. This software helps investors mitigate, reduce or eliminate the risk of large stock positions through the use of options. It was written and is supported by MarketCompass, a partner developer that has worked with us on other options-related projects, including the Greeks' calculations in our Options window.

RiskCompass rounds out eSignal's options offerings by providing a product that falls between eSignal's Options window and our risk management tool called "OptionsPlus".

The per-month fee for adding RiskCompass to your eSignal or eSignal Pro subscription is only $ .

If you are not already an eSignal subscriber, sign up for eSignal first.

If you are already an eSignal subscriber, add RiskCompass to your eSignal account.

Download RiskCompass.


The Triades

The Triades is a technical analysis model aimed at pinpointing where a market reversal is, objectively measuring the natural movement of the market in percentage points. It generates real-time buying and selling alerts. A reward / risk ratio is associated with any signals.

Triades measures bearish and bullish movements of the market in percentage, enabling investors to get the probability of success to reach a target price. It can be applied to any financial product (futures, Forex, interest rates, commodities, equities) and can be calculated on any time frame (1-, 15-, 60-, ..., -minute, daily, ..., monthly).

This technical analysis module operates based on three basic elements from swing trading: Pivots (extreme points of a market’s fluctuation either up or down), swings (price fluctuations) and the three bars, which have been developed into "triades" that may include inner bars within the three main bars. The module only takes into account the highest and lowest bars and is not statistically based.

"Triades" subscribers also receive free advice on Forex, fixed income, crude and equities indices via email in a specific format (for example, DJ Eurostoxx 50 / time frame 200 / Long 442364 / Stop 439900 / Target 448550).

eSignal subscribers who add The Triades to their subscription are able to access the web link alerts through the Research menu of the eSignal application.

Both The Triades and TriadesPRO are available as add-on services to your eSignal subscription. The Triades is priced at $ per month. TriadesPRO is $.

If you are not already an eSignal subscriber, sign up for eSignal first.

If you are already an eSignal subscriber, add The Triades to your eSignal account.

Access how-to-use information.


WaveTracker and WaveTracker PRO

Price-action is a key to successful trading. Indicators lag; price-action does not. If you know how to read price-action in markets, you can consistently trade to win. Price-action is the language of the markets. Learn to read it, speak it and embrace it, and you will hear the market telling you where it is most probably best to go. The smart money traders trade off price-action pattern points.

WaveTracker assists you in analyzing price-action in markets. It will show you that the language of price-action has market structure as consonants and market geometry as vowels. To analyze market structure and geometry, you look at:

  • Alternate Wave Equality (Elliott Wave AWE patterns)
  • Fibonacci retracements and extensions
  • Support and resistance
  • Common patterns (hooks, rectangles, triangles and breakouts)
  • Volume
  • Confluences of the above (WaveTracker PRO)

WaveTracker is your assistant in analyzing price-action. WaveTracker:

  • Labels waves with highs, lows and wave lengths
  • Computes and graphically displays all Elliott Wave AWE pattern
  • Automates Fibonacci levels for each wave
  • Identifies balance points and floor trader pivots
  • Illuminates evening session highs and lows, along with range-of-day Fibonacci levels
  • Provides audio alerts when volume occurs and key levels are reached
  • Identifies confluences of the above (WaveTrackerPRO)

In the accompanying example trade setup using WaveTracker on a 5-minute chart of the S&P E-Mini contract on June 24, 2005, the ‘D’ point of the AWE pattern, 1200.25, was a sell point based on price-action consisting of a confluence of 3 patterns of market structure, geometry and support / resistance. Each pattern added to the reasons to be selling 1200.25. The patterns at 1200.25 (within a tick) are:

  • +4.00 Elliott AWE pattern
  • 50 % retracements of wave from 1205.00 to 1196.00
  • Previous support turned into resistance at 1200.25/1200.50

The market cooperated and swiftly fell 7 points to a previous low of 1193.50. These types of patterns occur every single day in the S&P Emini and in all other highly liquid markets.

All waves, Fibonacci levels and Elliott AWE pattern points update in real time. Performance is superb; you can run up to 10 charts simultaneously with WaveTracker. WaveTracker supports all symbols and all markets available through eSignal.

Both WaveTracker and WaveTrackerPRO are available as add-on services to your eSignal subscription. WaveTracker is priced at $ per month. WaveTrackerPRO is $ . There is a 50% discount for the first month.

If you are not already an eSignal subscriber, sign up for eSignal first.

If you are already an eSignal subscriber, add WaveTracker to your eSignal account or add WaveTrackerPRO to your eSignal account.

Access how-to-use information.


 
 
bullet Arps Universal Swing Tool bullet KasePivot
bullet Bollinger's Indicators bullet Teresa Lo's PowerSwings Indicator EOD
bullet DiNapoli Indicators    

 

FREE! Arps Universal Swing Tool

The Universal Swing Tool, which has been offered as part of Jan Arps Crown Jewels as an add-on to eSignal, is now offered for free to eSignal subscribers. It is a “Swiss army knife” tool for displaying and analyzing price swings of different magnitudes. This tool generates a series of zigzag lines connecting successive swing highs and swing lows. Accordingly, we are able to filter out the random noise in price fluctuations and focus our attention on the magnitude and speed of the up moves and down moves of price and their relationships to one another.

As well as plotting the basic zigzag line, this tool has the additional capability of displaying the following information about the price swings:

  1. The magnitude of each swing, in points
  2. The ratio of the magnitude of each swing to that of the preceding swing (swing ratios)
  3. The longer-term trend direction
  4. Retracement support / resistance levels for the current swing, as well as for previous swings
  5. The swing reversal price (that is, the price to which a current swing will have to revert to constitute a reversal of swing direction)

The basic Arps Universal Swing Tool connects alternate swing highs and swing lows using a proprietary pattern-recognition algorithm that is universally applicable to all charts on any time frame. The size of the swings to be recognized is controlled by a User Input, “Sensitivity”, which works like a volume control on a radio.

View a video on the Universal Swing Tool.
Read an article with more information.
Access how-to-use information.

This study is available for free and is included with the eSignal software.

FREE! Bollinger's Indicators

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Two new formulas have been added to eSignal by John Bollinger to use in conjunction with Bollinger Bands, Normalized Volume and Intraday Intensity.

Normalized Volume allows volume to be compared on a relative basis from stock to stock and from time to time. It also allows volume to be included in trading systems in an adaptive manner because it defines high and low in relative terms.

Intraday Intensity is a volume indicator that depicts the flow of funds for a security based on where it closes in its range. The idea behind Intraday Intensity is that the need for institutional traders to complete their positions gets ever more urgent as the close of trading looms. As they move to fill their needs late in the day, their actions cause prices to rise or fall, effectively tipping their hands via the relationship of the close to the day’s range.

The Bollinger Band Tool Kit, an add-on available to eSignal subscribers, is for investors and traders wishing to explore the potential of Bollinger Bands and volume indicators. Included are 40+ indicators, example trading systems, explorations and experts.

These studies are available for free and are included with the eSignal software.


FREE! DiNapoli Indicators

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DiNapoli Preferred Stochastic
This indicator is to be used with caution and knowledge as the trader "fades" or goes against the traditional usage of the indicator in order to position himself/herself on a retracement of price. It is a sophisticated process whereby a trader familiar with the details of this process actually positions the trade by selling into a buy signal *or* buying into a sell signal. Use of the DiNapoli MACD in conjunction with this indicator and knowledge of DiNapoli levels are necessary to achieve success with it. The specific values and equations in this study have been researched and used for more than 20 years. This indicator is applicable to any liquid market, from equities and futures to Forex. Although its use has broad market applicability, it is particularly useful for trading the intraday E-Minis or the NASDAQ.

DiNapoli MACD
This indicator is normally used in conjunction with the DiNapoli Preferred Stochastic. It is a highly accurate trend-defining indicator. The specific values and equations in this study have been researched and used for more than 20 years. This indicator is applicable to any liquid market, from equities and futures to Forex. Although its use has broad market applicability, it is particularly useful for trading the intraday E-Minis or the NASDAQ.

DiNapoli Detrended Oscillator
This indicator is a highly accurate overbought/oversold oscillator. It is not normalized to a given range (+ or - 100), so it can show extremes in market moves far better than standard volatility oscillators. It can be combined with retracements of expansions of price defined by DiNapoli levels to produce incredibly accurate entry and exit points. This indicator is applicable to any liquid market, from equities and futures to Forex. Although its use has broad market applicability, it is particularly useful for trading the intraday E-Minis or the NASDAQ.

DiNapoli Displaced Moving Average
This study is used as a trend-defining tool, as well as a means to identify 4 of the 9 patterns DiNapoli traders use. The specific values in this study have been researched and used for more than 20 years. This indicator is applicable to any liquid market, from equities and futures to Forex. Although its use has broad market applicability, it is particularly useful for trading the intraday E-Minis or the NASDAQ.

These studies are available for free and are included with the eSignal software.

"FREE! KasePivot

KasePivot, which highlights market turns, allows a forecaster to easily identify market wave patterns. Further, the sensitivity setting allows the user to identify trends of different sizes. This study is available for free and is included with the eSignal software.

FREE! Teresa Lo's PowerSwings Indicator EOD

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The Teresa Lo's PowerSwings Indicator EOD offers a simple yet highly effective visual tool that allows traders to instantly gather critical information from a chart -- from the identification of support and resistance points, to spotting trends and congestion areas, to identifying classic technical patterns. Bar-based swings can be used on any time frame for any instrument.

Use the Teresa Lo's PowerSwings Indicator to:

  • Identify pivots, major support and resistance points where price reverses to form swing highs and swing lows
  • Identify trends based on the relationship between successive upswings, downswings and the location of the swing highs and swing lows
  • Identify and differentially diagnose congestion patterns in order to avoid choppy markets
  • Identify and differentially diagnose retracement patterns and tests based on the relative positions of the swing pivots in order to enter and exit in a timely fashion

A color bar study colors up, down, inside and outside bars green / red / yellow / blue. These bars can then be used to tee up certain trade setups.

For more information, read an article about this free indicator.

This study is available for free and is included with the eSignal software.

 
bullet' ART® Trading Software bullet' Jurik Research
bullet' DecisionBar Trading Software bullet' Kwik*POP
bullet' DeltaT1 bullet' Trading Pro exa Studies Suite
bullet' Dynamic Trading Bars bullet' TurnSignal
bullet' The Hawkeye Indicators    

 

ART Trading Software

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The ART® Trading Software for eSignal enables you trade the REALITIES of the market, hence the name “Applied Reality Trading ®", or ART® for short. Incorporated into the ART Trading Software are specific trading signals, such as the state-of-the-art "Pyramid Trading Point ® and ART® Reversal Patterns, that provide tools necessary for trend traders and “scalpers” alike. In addition to the entry signals, ART® stops or exit signals are precisely based on the market. Only the "TRUTHS" of the market are used to set the stop.

Bennett McDowell's Pyramid Trading Point allows your trades the necessary breathing room needed to reduce "whip-sawing," which can eat away at your profits. The proprietary Pyramid Trading Point can be used to enter the markets and set initial and adjusted stops. It also helps indicate when markets are trending and determine when markets are bracketed. The Pyramid Trading Point identifies actual market activity and enables the trader to trade the REALITIES of the market.

Day traders, position traders and investors of stocks, commodities, bonds, options and Forex can all use ART Charting Software, complete with new trade signal voice technology and a user-friendly software interface.

For more information, free trading demonstrations and pricing or to sign up, you must go to the traderscoach website.

DecisionBar Trading Software

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Les Schwartz developed the DecisionBar Trading method and has used it successfully for many years. He has just recently made his methods available to the public.
DecisionBar Trading is not just a collection of indicators. It is a complete trading method that can show even beginning traders how to take advantage of the basic mechanics of the market.

The market is a constantly changing entity, but all markets show a basic rhythm based on supply and demand, support and resistance, momentum and exhaustion. The DecisionBar Pivot Strategy puts you in tune with this rhythm, generating unambiguous, amazingly accurate buy and sell signals in real time.
The DecisionBar Risk Oscillators then help you evaluate those signals in terms of current market bias.

DecisionBar methods work for all time frames for all tradable instruments, including stocks, futures, mini futures and Forex. It works on both interval and tick charts.
Whether you are a day or short-term swing trader or just want to keep your IRA on the right side of the market, DecisionBar trading is the solution you have been looking for. If you trade options, DecisionBar captures the big moves necessary to make options trading profitable.

For more detailed information, you must go to the DecisionBar website at http://www.DecisionBar.com.

DeltaT1

DeltaT1 is a combination of 2 studies used for trading index-traded futures. T1 is an intraday trend indicator and DeltaT an intraday timing indicator. They are primarily used to trade the S&P 500 Index E-Mini futures (contract symbol: ES). They can also be used for trading the YM, NQ, ER2 and MC, as well as stocks, other futures and currencies. Read more about DeltaT1.

To begin using DeltaT1 with eSignal, you must first go to the DeltaT1 website.

Dynamic Trading Bars

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Dynamic Trading Bars (DTZ.efs) are a study of support and resistance that highlight the major turning points during a trading day. The study works on cash and futures markets and is a powerful trading tool that can be combined with other sutudies, such as volume and stochastics. This revolutionary color-coded day trading system highlights over-bought and over-sold areas, as well as divergence and momentum, all on one bar chart. As a result, DTZ.efx moves day trading to a level never seen before.

To begin using DTZ.efs, you must first go to www.dynamictradingbars.com.

The Hawkeye Indicators

Understanding volume is key to successful trading. These unique indicators based on volume spread analysis combined with market momentum work on all time frames and markets. These indicators are user-configurable and analyze the likely direction of the market while minimizing drawdowns.


Hawkeye Trend
This robust indicator combines volume spread analysis and market momentum to identify up trends, down trends and market congestion. It is displayed on the price chart as a dot. Green equals bullish, red equals bearish and white equals congestion.

Hawkeye Volume
Conventional volume analysis is extremely difficult to interpret. What the Hawkeye Volume achieves is an interpretation of volume spread analysis based on Wyckoff's 1930 original work. The indicator smoothes volume to show bullish, bearish or neutral volume. Green equals bullish, red equals bearish and white equals neutral.

Hawkeye Volume Radar
Volume is the fuel that drives the market, and, although our main volume indicator is very good at detecting the directional movement of volume, there is still a need for an indicator to show those special times when there is a significant volume change -- which could be the precursor to a market turn. There are three dots plotted: Cyan = light volume, yellow = high volume and red = ultra-high volume

Hawkeye Stops
Hawkeye stops have 2 inputs -- Near and Far. As long as the Hawkeye Volume is positive (green), use the Far Stop. If the Hawkeye Volume turns white or red, use the Near Stop. If the Near Stop swings above market (showing congestion), use the Far Stop. In other words, the system uses the Far Stop, but, when the Hawkeye Indicators show weakness, the Near Stop is then used, ensuring that you exit near the top of a trend run.

Hawkeye Relative Strength

The Hawkeye Relative Strength indicator shows a stock's performance compared to its underlying stock index. If the green line is above the red line, the stock (for example, MSFT) is stronger than the underlying index (NASDAQ 100) and vice versa. We suggest that you only buy stocks stronger than the index and sell stocks weaker than the index.


Hawkeye Adds
Adds are now an algorithm of volume and average true range. This strategy is a combination of methodologies used by the famous Turtle Traders and the legendary 1950s stock trader, Nicholas Darvas, as described in his book How I Turned $10,000 into $2 Million. Adding volume conditions and the relationship of close to open, we feel, greatly enhances this strategy.

There are 5 inputs:

  1. Long_Short (Enter 1 for Long and -1 for Short.)
  2. Trade_Entry (Enter the close value of the bar you entered the trade on [initial line on chart].)
  3. ATR_1 (Entering a 1 will plot a line 1 average true range [ATR] from the entry price. You can set the ATR inputs to your own liking, depending on how aggressively you wish to trade. If you want to see the price move through 2 ATR before taking your first add, enter a 2...)
  4. ATR_2 (This input is the number of ATRs from the value of the first ATR line. You may wish to put in 1 because an uptrend has been identified.)
  5. ATR_3 (This input is the number of ATRs from the value of the second ATR line. You may wish to put in 1 because an uptrend has been identified.)

Note: These input values are discretionary. Sometimes, a price bar will go through 2 or 3 ATR levels. When this occurs, expand the input value of the first ATR, so it encompasses this move.

For more detailed information, visit the Hawkeye website.


Jurik Research Toolset

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Jurik Research develops algorithms that transform noisy, complex market price action into clear signals with exceptionally low lag. Mark Jurik, its founder, is a contributing author to the book, Virtual Trading, author of his own book, Neural Networks and Financial Forecasting, and editor of the newly released book, Computerized Trading, distributed by the New York Institute of Finance.

Jurik Research's tools are used worldwide by investors, banks and institutions. The toolset for eSignal includes four of Jurik's most popular technical indicators.

VEL (Signal Velocity) -- Superior momentum indicator. Ultra-smooth, accurate measurement of trend direction and speed (velocity). Excellent for instantaneous analysis.

JMA (Jurik Moving Average) -- Superior noise elimination filter. Lets you see "true" underlying activity. Has very low lag and is incredibly smooth and extremely responsive to market gaps.

RSX (Trend Strength Index) -- Superior replacement for RSI. Ultra-smooth, accurate, low lag indicator of trend direction and purity. Excellent for deep analysis.

DMX (Directional Movement Index) -- DMX is the ultra-smooth, low-lag replacement for your classic DMI and ADX indicators.

Access how-to-use information.

To access this toolset, you must first go to the Jurik Research website at www.jurikres.com to subscribe. Then, discover the power of low-lag, noise-free technical analysis.

Kwik*POP

Kwik*POP is a package of custom indicators that change the color of the price bars, momentum oscillators and chart background as momentum conditions change from bullish, to neutral, to bearish. Bullish is blue, bearish is red and neutral is yellow.

When momentum conditions, as measured over various time frames using multiple diverse custom algorithms, all align in the same direction, the chart and all sub-graphs turn blue or red. This alerts the trader to be long or short the market.

Kwik*POP offers you these advantages:

  • Works on all Forex, futures, stocks, market indices
    Also works on all time frames, from a 10-tick chart right up to weekly and monthly time frames
  • Provides live, online interactive training for customers at no additional cost
  • Has a library of online training videos on markets and trading techniques for customers at no additional cost
  • Broadcasts two audio-video chat rooms with live charts all day for customers at no additional cost
  • Publishes live, intraday market updates and commentary from floor professionals and trading desk managers for customers at no additional cost
  • Sends customers weekly email articles on market-related news events and informative web links for traders at no additional cost

If you would like a free pass to our audio-video chat room to watch our charts LIVE during trading hours, please visit our website by clicking on the link and filling out the form. Once you hit SUBMIT, an autoresponder will send you your password to our audio-video, online chat room. (www.traders-syndicate.com/contact.htm) No hype, no sales pressure. Watch our charts live for 10 days, and you'll discover why Kwik*POP is the solution you've been looking for.

You can lease Kwik*POP month to month, or, when you prepay for 1 year, you get all of this for just $75 a month.

To sign up for a live demonstration, go to the Kwik*POP website.


Trading Pro exa Studies Suite

The Trading Pro exa Studies Suite is a unique cutting edge technology bundled in a set of tools and easy-to-trade trading system that will let you see what you always wanted to see -- where the market is moving next!

Brought to you by www.tradingpro.com, a division of Prediction Labs Inc. and a market technology company, this first class black box system applies chaos theory, system dynamics and artificial intelligence. These unique tools will show you something that you will not find in any other indicator -- the market charted in advance and updated every 15 minutes.

If you are just starting to trade, Trading Pro exa will help you know where the market is going, so you can trade accordingly.

If you are a professional trader used to trading several indicators, this indicator will improve your technique because it will help identify ambiguous signals in a way other techniques you might use cannot do. No other indicator predicts what the market is going to do the way this one does.

The system was developed for the main U.S. and European indices. It can be used for the S&P 500, S&P 100, DJIA, NASDAQ, NASDAQ 100, Russell 2000 and all their corresponding futures contracts, as well as for European markets, such as the FTSE, DAX, AEX, Mibtel and CAC40.

exa Price Charts
The exa_Price.efs charts the market from market open until the close. Our model re-computes the predictions and charts it again, adding the information of the last 15 minutes. And, combining the prediction with other indicators can be of great help as well.

 Access how-to-use information here and here.

 

The Trading Pro exa Tool Kit is now available as an add-on service to your eSignal subscription for only $ a month.

If you are not already an eSignal subscriber, sign up for eSignal first.

To begin using Trading Pro exa Studies with