Current TradeStation Studies:

(Indicators, Paintbars, and Showmes)

Above Avg Volume

The Above Avg Volume indicator allows you to see when there is an increase volume that is above the average volume. This indicator works in RadarScreen®, the Scanner, and for charts and in all timeframes.

Video Tutorial



Anchored VWAP

Anchored VWAP allows you to put up to 3 different Anchored VWAPs on your chart at any one time. You can also add the 1st Standard Deviations if desired. This indicator works for charts. The mouse is used to enable/disable the anchored VWAPs and their standard deviation lines.


Vid
eo Tutorial

ATR Trailing Stop

The ATR Trailing Stop indicator allows you to see a user defined ATR Trailing Stop on your charts or in RadarScreen®. The ATR Trailing Stop indicator can also be used in the Scanner to find stocks that may be in an uptrend or a downtrend or stocks that may be about to change their overall trend.


Video Tutorial

Bar Performance

The Bar Performance ShowMe allows you to see the percentage change that a bar (or bars) have made. If the bar had a positive gain it is shown in green and if the gain was negative it is shown in red.

Video Tutorial

Candlestick Patterns

The Candlestick Pattern ShowMe analysis technique for RadarScreen®, Chart Analysis, and the Scanner shows when certain candlestick patterns occur for stocks, ETFs, etc. The indicator can be used to search for the following candlestick patterns: doji, bullish engulfing, bearish engulfing, hammer, dark cloud, piercing pattern, morning star, evening star, inverse hammer, bullish harami, bearish harami, bullish kicker, bearish kicker, and the shooting star. You can have the indicator look for all the patterns or just the ones you are interesting in analyzing. This indicator will work on any time frame as well as tick charts.  

Video Tutorial

Comparative Performance

The Comparative Performance indicator allows you to see how any equity is performing with respect to another equities. The default is to compare a stock or ETF vs the SPY.

Video Tutorial

Current Energy

The Current Energy paint bar study shows the direction of the current trend or energy. This is essentially calculated using an ATR Band. When the price goes above the upper ATR Band the energy is positive until it closes below the lower ATR Band. When the price closes below the lower ATR band the energy is negative until it closes above the upper ATR Band.


Video Tutorial

Cycle Oscillator

The Cycle Oscillator tries to find the cycle of a ticker symbol on any time frame. The overall idea is that an equity will generally move in a series of waves or cycles and that there are times when the odds are high that the current cycle or wave may be ending and ready to turn. The Cycle Oscillator tries to determine the cycle and show when an up or down cycle may be ending and ready to turn. The indicator works on charts, the Scanner, and in RadarScreen®.


Video Tutorial

Day of the Week

This ShowMe allows you to put the letter of the day of the week on a daily chart (M, T, W, Th, F) or any user define text that you would like. There is an input to enable/disable for each day and you can choose the color and the text for each day. I use this indicator to see if there has been a recent history of a stock, ETF, etc. being up or down on a particular day of the week. Try it out and see how it works for you!


Video Tutorial

Dividend Status

The Dividend Status (DS) ShowMe allows you to get information about upcoming dividends as well as historical data about prior dividend announcements. DS allows you to see the next ex-dividend date, the dividend payment date, the number of calendar days between the current date and any upcoming ex-dividend dates, the amount of the dividend, the percentage yield, the year over year change in dividend, the 5 year growth rate in the dividend and the 10 year growth rate in the dividend. DS works for RadarScreen®, Chart Analysis, and the Scanner.

Video Tutorial

Intraday Volume Change

The Intraday Volume Change (IVC) indicator for TradeStation® lets you see how the current intraday volume compares to the same time period from prior days. For example, you can see if the volume for a particular 30 minute bar is higher or lower than the same 30 minute bar from prior days. IVC works for both RadarScreen® and Charts. You can set a threshold to be shown when the current volume is exceeding the normal average volume by a certain percentage.


Video Tutorial

Impulse MACD

The Impulse MACD is a traditional MACD that incorporates an oscillator type implementation in order to try to identify short term price movement.

Monthly Historic Performance

The Monthly Historic Performance indicator shows how a particular symbol has performed for a particular month looking back at several years. For example, does SPY usually go up in April? The indicator works in Radarscreen for the daily timeframe.


Video Tutorial

Moving Average Higher Time Frame

The MovingAverage_HTF (MAHTF) indicator allows you to see a higher time frame moving average on the current chart. The indicator supports Simple Moving Averages, Exponential Moving Averages, and Weighted Moving Averages. The indicator will work on minute, daily, and weekly time fame charts as well as Kagi, Kase, and Renko bars.


Video Tutorial

Moving Average Status

The Moving Average Status(MAS) indicator allows you to see the relationship between a fast and a slow moving average. MAS can be used in RadarScreen®, Chart Analysis and the Scanner. The user can configure the fast and slow moving averages to whatever length is appropriate and can pick between either a simple moving average or an exponential moving average.


Video Tutorial

Mutiple Time Frame Trend

The Multiple Time Frame Trend (MTFT) indicator will aggregate multiple timeframes onto 1 chart. Up to 5 time frames can be shown (time frame 1=TF1, time frame 2 =TF2, time frame 3 = TF3, time frame 4 = TF4, time frame 5 = TF5) as well as a summation of all timeframes that show the overall trend based on the aggregation of the 5 time frames. A Modified Heikin Ashi (MHA) algorithm is used to calculate the trend for each time frame. The summation of all time frames shows the overall trend based on the summation of the 5 individual time frames that each use the MHA algorithm. When there is a strong trend (all 5 time frames agree) and an uptrend has started the Sum is shown in light blue and a downtrend the Sum is shown in red. When the trend may be changing to up the Sum is shown in dark blue and when the trend may be changing to down the Sum is shown in dark red. The MTFT indicator works in RadarScreen®, the Scanner and the Chart Analysis window.


Video Tutorial

Near Moving Average

The Near MA (Moving Average) indicator allows you to see the relationship between a stock, ETF, etc. and a moving average. Near MA can be used in RadarScreen®, Chart Analysis and the Scanner. The user can configure the length of the moving average, can pick between either a simple moving average or an exponential moving average, and configure the maximum percentage difference between the equity and the moving average.

Open/High/Low/Close

The OpenHighLowClose indicator allows you to see the any or all of the OHLC values for the current time frame of a chart or a larger time frame. The indicator will work on minute, daily, and weekly time fame charts.

Video Tutorial

Performance Periods

The Performance Period indicator shows how an equity has performed on a percentage basis over various periods of time. The time periods are the last 5 days, month to date, the last 1 month, the last 3 months, the last 6 months, year to date, the last 12 months, and a custom period of time defined by the user. This indicator works for RadarScreen® and the Scanner using the daily timeframe.


Video Tutorial

Percent Price Oscillator

The Percent Price Oscillator(PPO) is a momentum oscillator that is basically the MACD that is converted to a percentage by using the slow moving average. The signals given by the Percent Price Oscillator and the MACD will be the same. The MACD measures the difference between two price based moving averages whereas the Percent Price Oscillator does the same thing but makes it relative to the slower moving average so that the percentage of the move is measured. This makes it easier to measure price moves over time since a percentage move is measured instead of an absolute price move.


Video Tutorial

Stochastic Full

Video Tutorial

Support and Resistance

The Support and Resistance indicator allows you to see potential support and resistance levels based on prior swing highs and swing lows. Once a swing high or swing low is created the past price history is examined to see if the swing high or low represents a level that could potentially be future support or resistance. You can configure several parameters to tune in the indicator for you specific needs. You can also show Weekly and Daily support and resistance levels on other time frame charts, if desired. Radarscreen® can be used to see if securities are near a support/resistance line.   The indicator will generate alerts, if alerts are enabled and the specific alert inputs are configured to generate alerts.


Video Tutorial

Trendline Levels

The T2_TWMN_TL_Look_Long indicator draws downward sloping trendlines, that when broken could show a turn in the Long direction. The T2_TWMN_TL_Look_Short indicator draws upward sloping trendlines, that when broken could show a turn in the Short direction.

Volatility Squeeze

The Volatility Squeeze indicator will show when there is a contraction in volatility by looking at how far apart the Bollinger Bands currently are. The indicator works for charts, the Scanner, and Radarscreen®.


Video Tutorial

Volume Profile

The Volume Profile indicator shows the volume profile for the selected symbol. This indicator works on the charts and is configurable. It will work on Minute, Daily, Weekly, and Monthly timeframes.


Video Tutorial

VWAP Multiple Time Frames

VWAP MTF (VWAP Multiple Time Frames) allows you to see the Daily, Weekly, and Monthly VWAP levels on the same chart. An Anchored VWAP is also supported. You can see as many or as few of the VWAP levels as you want. This indicator works for charts and the scanner.


Video Tutorial

VWAP Rolling

VWAP Rolling is an indicator that allows you to see the VWAP Rolling Average. The number periods used in the average is configurable as well as several other features. This indicator works for charts.

Video Tutorial

Volume Zone Oscillator

The Volume Zone Oscillator measures positive and negative volume and plots various zones of overbought and oversold areas. This indicator works on the charts and is configurable.


Video Tutorial