To date, I have briefly introduced some of my personal custom indicators as noted below. All this indicators have been developed using Metastock Formula Language.
1) S-Trader Pivot Support and Resistance
2) S-Trader Volumetric
3) S-Trader Smart Money Index
4) S-Trader Multi Month High Low
5) S-Trader Multi Year High Low
Going forward, I will be using this indicators to analyse stocks from various markets such as US, Hong Kong, Singapore and others. If there is any appropriate indicators to further enhance our analysis available within metastock software will be used together with S-Trader Trading System.
Also, more details on the use of this indicators will be shared in the analysis.
Stay Tuned.
Monday, 4 July 2016
Saturday, 2 July 2016
S-Trader Pivot Support and Resistance : Introduction
Under Metastock's Expert Advisor, there is an interesting trading system which caught my attention. The trading system is known as "Profitunity - Bill Williams".
An example chart with Profitunity - Bill Williams trading system.
Notice those arrows on the chart which indicates the Fractals.
For more details on Fractals, click on the link below.
A Trader's Guide to Using Fractals
A quick glance on the fractal points, one could identify the tops and bottoms of the price movements. However, using the original Fractals presentation on metastock could make the task of analysis challenging for some users.
To make it more presentable, I have developed a custom indicators called "S-Trader Pivot Support" and "S-Trader Pivot Resistance".
An example chart with S-Trader Pivot Support and Resistance.
Basically, the S-Trader Pivot Support and Resistance indicators connect all the top and bottom Fractals accordingly forming sort of price movement channels.
With it, we could use it to identify price break out.
Chart Source :
1) Metastock
An example chart with Profitunity - Bill Williams trading system.
Notice those arrows on the chart which indicates the Fractals.
For more details on Fractals, click on the link below.
A Trader's Guide to Using Fractals
A quick glance on the fractal points, one could identify the tops and bottoms of the price movements. However, using the original Fractals presentation on metastock could make the task of analysis challenging for some users.
To make it more presentable, I have developed a custom indicators called "S-Trader Pivot Support" and "S-Trader Pivot Resistance".
An example chart with S-Trader Pivot Support and Resistance.
Basically, the S-Trader Pivot Support and Resistance indicators connect all the top and bottom Fractals accordingly forming sort of price movement channels.
With it, we could use it to identify price break out.
Chart Source :
1) Metastock
Friday, 1 July 2016
S-Trader Smart Money Index : Introduction
When traders/investors place their money on stocks/indices/commodities, their main concern is whether they are on the right side of the market.
If we are able to address the following questions, it will be a great advantageous to the retail traders/investors where they could ride along with the smart money's wave.
1) Who are the smart money ?
2) When are they investing ?
3) Where are they investing ?
With that in mind, I have developed a custom indicator called "S-Trader Smart Money Index".
An example chart :
Chart Source :
1) Metastock
If we are able to address the following questions, it will be a great advantageous to the retail traders/investors where they could ride along with the smart money's wave.
1) Who are the smart money ?
2) When are they investing ?
3) Where are they investing ?
With that in mind, I have developed a custom indicator called "S-Trader Smart Money Index".
An example chart :
Chart Source :
1) Metastock
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