PROFITTRADER
for METASTOCK is a powerful group of trading and analysis indicators
based upon the market-proven concept of "trade with the trend".
If the trend is up, buy the dips; if the trend is down, sell the rallies.
What the trend was is relatively easy to see on the chart; what the trend
will be is often anther question. The ProfitTrader Indicators show the
direction of the trading trend and anticipate trend reversals.
The use of
cycles is one of the most powerful analytical tools for identifying trends
and trend reversals. Once a cycle has bottomed, the trend will be up until
the cycle has topped; once a cycle has topped, the trend will be down
until the cycle bottoms. How long the trend will be up or down depends
upon the length of the cycle.
All markets
- stocks, futures, and currencies - move in time cycles. Each market has
an individual cycle profile, which consists of dominant cycles in multiple
time frames - monthly, weekly, daily, and intraday -- that visibly and
consistently affect prices. Awareness of the longer-term cycles helps
anticipate trends and trend reversals. Knowledge of the shorter-term cycles
will help you buy bottoms and sell tops in the direction of trend and
at trend reversals.
- Longer-term
cycles determine trend for shorter-term cycles.
- Longer-term
cycle highs/lows are trend reversals.
- Shorter-term
cycles are used for timing market entry and exit.
The ProfitTrader
Indicators are a unique group of oscillators and technical analysis tools
that ---
- Show trend
direction
- Identify
cycle tops and bottoms.
- Generate
Mechanical Buy/Sell trading signals at cycle tops and bottoms.
- Forecast
high-probability time periods for future tops and bottoms.
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