I have updated my trader pivots indicator to work better with futures. Sample chart of $SPX.X with pivots enabled. (click on image to get a larger version). These are the traditional pivot calculations. ShowTodaysOHLC = if set to TRUE will plot today’s open, high and low lines ShowYesterdaysOHLC = if...
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Sometimes simple is better. This is a daily chart of the SPX with a line connecting the daily closes. None of that crazy intraday noise. Since July we have had 3 XYZ tops. I am sure there is an official name to this pattern, I originally wrote the piece as an ABC top, but...
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!RL_AD_Race Advance / Decline Line race indicator. This is by far the most entertaining indicator I have developed thus far, it is also the most difficult to set up. For that reason I do not support it. It takes several data streams to setup, and then the indicators all have to be put...
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The Zweig Breadth Thrust indicator is an overbought / oversold indicator designed by Dr. Martin Zweig. The indicator represents the percentage of stocks that are advancing on the NYSE. An reading of less than 40% of stocks advancing represents and oversold condition, while a reading over 61.5% is overbought. The percentage number is...
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This is my latest version of the !RL_PCT indicator that I use both for trade planning/mapping and intraday monitoring. Those that trade live in our trading room at http://TTTHedge.com have seen me use this indicator daily. I have added several new features including a Gain mode as well as a Pullback Mode. This is...
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I have up loaded the Market Thrust indicator for TradeStation onto my Google Site. The indicator can be accessed here: http://sites.google.com/site/redliontrader/market-thrust Fell free to download the indicator and use as-is. At some point in time I will write up info about the indicator, but in general if it is pointing up.. the A/D and...
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Redliontrader’s Trader Pivots displays the traditional R1,R2 & R3 resistance levels, the Pivot Point and S1, S2 and S3 support levels. In addition you can enable display of the half pivot points as well as yesterday’s Close, High and Low and today’s Open, High and Low. You’ll be amazed at how reliable these support...
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