New Partner – MultiCharts
EMS is pleased to announce a partnership with TSSupport and MultiCharts. MultiCharts is a professional charting and automated trading platform, designed for futures, stock, and forex traders. MultiCharts offers outstanding charting, strategy development, and backtesting. We are releasing our first product for MultiCharts, Harmony. Harmony is an indicator that tracks price movement through varity of methods and plots the consolidated result of those methods. Check out our Indicators section for a look at Harmony and our Signals section for an example of strategies created using Harmony.
Ninja Price Action
The Price Action Indicator was created to visually track Higher Highs, Lower Lows, Double Tops, etc. It presents a nice quick visual of price action.
LogicTrader – Entry
Here is a simple entry that I find useful. I’m looking for consistency in price movement, strength, and trend while getting in on the start of an upward move of the trading line. We have an example of a good situation below. Price is on the move, heading higher Previous oscillation Breach HH Strength Line Green Trend Line Green Trading line turning up from Prime Support (-10) Histogram is above zero
LogicTrader – Definition
Here is an image of our LogicTraderPrimes indicator on an ES 2401 volume chart. We are getting a lot of questions, how does it work, what do the lines represent, what the heck is a PPF Breach, and so on. So here we will define what the lines and labels mean with a bit about the use of each. The Strength Line This is the zero line on the indicator, it can be red or green. The line represents the trend of a higher time frame chart, a Strength Chart. Green represents and up trend on the Strength Chart, Red a down trend. It’s always ...
