Analytical Trader – Supports and Resistances
Fully functional auto supports/resistances indicator. The user can choose between drawing only long-term S&Rs, or both long-term and short term. No more going back to find S/R’s, start using this indicator to automate the process.
Analytical Trader – Dynamic Trend
Derived from signal processing, this indicator is a state-of-the-art, low-lagging smooth trend indicator. The advantages over other moving averages (simple, linear weighted, exponential, etc) is that AT Dynamic Trend signals a trend change quicker, and isn’t erratic as the linear-weighted and exponential moving averages. The recommended periods to use are 15 and 21. Alerts in Metatrader, by email and push notifications.
Analytical Trader – Pivots
Draws Daily, Weekly and Monthly pivots and the respective supports and resistances levels (S1, S2, S3, R1, R2, R3). Ideal for placing stop losses and/or use as a break-out strategy. Set R1, R2, R3 and S1, S2, S3 to true to show pivots supports and resistances levels.
Analytical Trader – Spread Indicator
In order to know if it’s ‘expensive’ to trade a given pair, the spread should be compared to the pair’s natural volatility. A 2 pips spread in a pair that ranges 300 pips a day is a low cost, while on a pair that ranges 40 pips a day it’s more expensive. This indicator compares the spread to the pair’s average range in each TIMEFRAME, and highlights expensive timeframes to trade. Additionally shows the cost of the spread in currency, converting to your chosen currency.
A simple rule is not to trade pairs with a spread of > 25% average range.
Analytical Trader – News Indicator
Probably the most complete news indicator for Metatrader. Shows the relevant news directly in the pair’s chart. Filter between low impact, medium, and high impact. Shows number of bars until news come out for a quick trade planning. Integrated alerts, for Metatrader, push notification & email.
RISK DISCLOSURE: Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.
CFTC RULE 4.41 - HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN; IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM. ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK OF ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL WHICH CAN ADVERSELY AFFECT TRADING RESULTS.