OVERVIEW
OF PROFITTRADER™ INDICATORS |
Oscillators |
The
ProfitTrader™ oscillators show oversold and overbought levels in a market.
They are used to determine trend, and to generate mechanical buy/sell signals. Learn more... |
Mechanical Buy/Sell Signals |
Based
on Oscillator and Price patterns the mechanical buy and sell signals are
generally 65% to 90% accurate in identifying cycle bottoms and tops. The
Buy/Sell Signals are generated in two steps. Learn
More... |
1) When the oscillator turns above or below the oscillator Buy/Sell lines,
a potential change in market momentum is indicated by a colored Setup
bar. |
2) When prices exceed the high of the Setup bar, a Buy "Trigger Entry" occurs.
When prices drop below the low of the Setup bar, a Sell "Trigger Entry"
occurs. |
Trailing Stops |
Once
you have determined trend, entered a market and placed your initial protective
stop, you must decide where to take a profit. Reliable trailing stops
can make the difference between big profits and small profits. All too
often we nervously grab a small profit on the first reaction only to see
the market take off once we are stopped out. The ProfitTrader™ trailing
stops are designed to follow prices as closely or as far away as your
trading temperament dictates. They provide the flexibility to follow prices
into a trading cycle reversal with a tight stop to minimize profit give
back, or to give a market room to let profits run in the really big moves. |
The ProfitTrader™
Short-term Trail Stop Indicator is a fast moving mathematical stop to
lock in a quick profit, often as a trading cycle reverses. The Long-term
Trail gives a market more room for price fluctuation to trail the bigger
moves. Using these stops eliminates the need to wait for a trading signal
in the opposite direction, or the constant re-evaluation of mental trailing
stops. |
ProfitTrader™
Trailing Stops lock in profits from cycle tops and bottoms in all time
frames, in all markets. Learn More... |
Time Forecasts |
Cycles are
the only technical tools that allow reasonably accurate forecasting of
future tops and bottoms. The cycles used in our analysis are as long as
4 years for the Stock Market, and as short-term as minutes or ticks for
intraday trading. Timing Bands are plotted on a chart, but since they
do not show beyond the edge of the chart. The dates and times will show
on the chart, or may be viewed in the Expert Commentary gives the exact
dates/times of the Timing Bands. Learn
More... |
Price Forecast / Support and Resistance |
Cycles frequently
top and bottom at support/resistance levels. We use the Fibonnaci ratios
to help confirm cycle retracement and determine price objectives. Additionally,
the price movement of one cycle can often forecast the approximate price
level of the next cycle in a calculation called the Mid-Cycle Pause (MCP). Learn More... |
Trend |
The most
important aspect in trading the market is trend. The only "Holy Grail"
of trading is -- Trade with the trend; if it is up, buy the dips; if
it is down, sell the rallies. We use four indicators to help identify
trend and trading trend. Once trend is identified, cycles are used to
buy bottoms in the direction of trend, if up; or sell tops in the direction
of trend, if down. Also, using cycles, we can anticipate trend reversals. Learn More... |
Additional Top and Bottom Indicators |
Most cycles
top and bottom when a market is overbought or oversold. While the BLine
and Double Stoc oscillators show these extremes when the oscillators are
above 90 and below 10, the Keltner Bands and Real-Time Detrend will often
show the extremes a market can reach. When the oscillators are overbought/oversold
and the markets reach the extremes indicated by the Keltner Bands and
Detrend, a trading signal in the opposite direction will frequently confirm
a cycle top or bottom. Learn More... |