Extremes Algorithm on TradeStation – User Guide version 1.0
Method
Turning Point, Trend Change and Intraday Price reversal
Style
Day Trading ,Swing Trading
SETUPS
Can be use in any Time Frame, Renko , Momentum and Kase Charts
Show PaintBar: on/off Trend candle confirmation: dark green / dark red
No inputs need to be change.
Indicators:
**** Extreme Algorithm RS Technical Traders AppStore : Provide Extreme Signals
****Extreme Trend Warning Technical Traders AppStore : Identify Trend and Warns when Extreme Signal will be present.
This document is intended as an introduction and user guide to the apps available to Divergence Analysis users on TradeStation.
Extremes Algorithm indicator apps on TradeStationconsist in PaintBar studies applicable to fund managers, long-term investors, day traders and swing traders. Our unique market timing software generates both long-term trend change as well as short-term day and swing trading signals on equities, ETFs, futures and currencies . We also use this software to provide subscribers with signals and trade Alerts for more information send us an email at or go to
The Extremes Algorithm indicator was build to help you recognize key turning points, pullbacks and bounces. The calculations are based on a unique Algorithm that combines Momentum, Volume and Price Action against Institutional High Volume Areas.
Extreme Algorithm usually is used as a confirmation of trend change, turning point and intraday reversal moves. Most of the times Extremes Algorithm coincides with Institutional levels created by High Volume Areas where strong Volume has been present .Traders are suggested to create their own strategies around this levels. As much higher is the time frame more accuracy will be in the signal.We strongly suggest a combination with other indicators such as Sniper Algorithm or any other Proprietary indicators in order to confirm and increase accuracy.
Last Indicator upgrade comes with an Extreme Warning Trend (indicator studies) which helps to identify if a Trend is present after an Extreme Signal is issued.
Good ideas are often not hard to find, but timing entries and exits can often be the most challenging part of trading and investing. Knowing when to buy and when to sell is often as or more important than knowing what to buy and what to sell. From managing positions in equities and ETFs to day trading futures and options, you need to know when the market is about to turn because timing is everything in this business.
Getting your timing right is always key for any investor or trader: it doesn’t matter if you’re managing a hedge fund, proprietary funds, managed accounts or a personal account, or if you’re trend following, swing trading, day trading or scalping. Our market timing software generate short term signals on 1 and 5 minute charts, swing trade signals on 60-240 minute charts, and intermediate to long term trend changes on daily, weekly and monthly charts for futures contracts, currency pairs, equities and equity ETFs. Many of these indicators also help to both limit losses on bad entries as well as extend gains by avoiding premature exits.
Continue improvement and development is created to support provide the best service possible to our clients.
Some examples of recent signals as follows
Gold Futures Extremes AlgorithmSignal Oct 2-2015 - 60 minutes - 145 point rally
Dow Futures Extremes Algorithm Signal Nov 15-2015 - 240 minutes - 700 point rally
Crude oil Futures Extremes Algorithm Signal Nov 11-2015 - 60 minutes - $5 Selloff
Euro Futures Extremes Algorithm Signal Sept 25-2015 - 240 minutes - 130 points rally
SPY ETF Extremes Algorithm Signal Nov 4-2015 - 60 minutes - $8 dollars selloff
AAPL Extremes Algorithm Signal Nov 4-2015 - 60 minutes - $8 dollars selloff
Indicator can also be use on Radar Screen and Scanner on Tradestation by getting a warning when a Signal is present and is still valid.
Radar Screen Alerts
Scanner Services with pattern criteria
Latest version comes with pattern criteria to support accuracy on the Extreme Algorithm Signal and shows which signals are still valid after Signal was issued
MACD Extreme Algorithm indicator
Latest version comes with an addtional indicator that helps to warns when a signal is coming and identify trend after Extreme Signal is present
EXTREMES ALGORITHM – Risk Disclaimer
In using any portion of JSP TradingLLC or Technical Traders’s Indicators, you agree to the Terms and Conditions
governing the use of the service as described in this disclaimer. Our disclaimers, policies and
terms are subject to change without notice.
1. You understand the financial implications and risks of trading stocks, options, futures and
Forex. You have sufficient liquid funds to invest.
2. Under no circumstances, including, but not limited to, negligence, shall this site be liable for
any special or consequential damages that result from the use of or the inability to use, the
materials provided by this site. The materials and information provided on this site are not,
and should not be construed as an offer to buy or solicitation to buy and/or sell stocks,
options, futures and Forex. You agree that JSP Trading LLc.,will not responsible for your personal trading results.
Past performance is not necessarily an indication of future performance. Please read the
following statement: There is significant risk of loss trading futures and options. Futures and
options trading may not be suitable for everyone and you should carefully consider the risks in
light of your financial condition in deciding whether to trade commodity futures and options.
Further, You, assume the entire cost, lost and/or risk of any trading you choose to undertake;
All funds committed should be purely risk capital.
You may sustain a total loss of the initial margin funds and any additional funds that you
deposit in your account to establish or maintain a position in the commodity futures and
options market. You should realize that when trading futures and/or granting/writing options
one could lose the full balance of their account. It is also possible to lose more than the initial
deposit when trading futures and/or granting/writing options.
Under no circumstances, including, but not limited to, negligence, shall this site be liable for
any special or consequential damages that result from the use of or the inability to use, the
materials provided by this site. The materials and information provided on this site are not,
and should not be construed as an offer to buy or solicitation to buy and/or sell any of the
named materials or commodities. Past performance is not necessarily an indication of future
performance.
3. By purchasing this system you agree not to discuss trading Technical Traders's or JSP Trading LLC
methods with others, and to keep all the information, notes and other materials strictly for
your own private use. Above all, you are not allowed to teach or train others in the method.
4. The testimonials we received are the opinion of the person giving the testimonial. Individual
performance depends upon each student's ability and skills based upon time commitment, and
effort put into the course material. Students sharing their stories have not been compensated.
Student stories have not been independently verified by our company. These results may not
be typical and individual results will vary and may not be representative of the experience of
other clients.