THE ESIGNAL PLUG-IN TOOLS


The TradeGuider VSA Indicators

The set of over 100 indicators work in either real-time or end-of-day modes and enables traders to see when professional money is entering, exiting, or not participating in the market they are trading.

This extensive expert system has an innate understanding of market dynamics combined with volume, which means that it's capable of considering supply and demand in any liquid market. In turn, it empowers traders to make more intelligent, timely, and informed decisions and gives them the ability to trade with the "smart money".

Using TradeGuider's new eSignal plug-in, the VSA indicators are displayed automatically on the chart. There is no configuration, no setting of parameters and no optimization.

Each dialogue box contains three sections that link together so you can make an informed trading decision based on what the “smart money’ is doing. The three sections are:

• Bar Description - describes the bar that the signal has appeared on and why
• Background - describes what you should see in the background of the chart
• Future - describes what action to take if the conditions of the background have been met

Medium Term Trend Tool

This trending system is designed to be a lot more insensitive to minor trend changes. It’s a volatility-driven system which takes into account how much a market moves. The more a market moves, the more forgiving the system becomes to adverse price excursions against the trend.

However, if a market isn’t that volatile, the trending system becomes more responsive to movement. Have a look at the chart below for an example of this system in action: Green signifies a medium-term up trend and red signifies a medium term down trend.

As can be seen from this chart, this type of trending system is more forgiving with regards to adverse moves, or a temporary slowing of price momentum (unlike trending systems that are based on moving averages).

Short Term Trending Tool

If you’re an active trader, you will find the diamonds particularly useful as a simple and quick visual guide as to whether the trend is up (green), down (red), or about to change (white).

Whatever your trading style, diamonds are flexible indicators that can be set up to aid you in scalping or swing trading on intraday charts, position trading on daily charts and in medium/long term investing on weekly or monthly charts.

Apart from the changing color of the diamonds, one of the great things about this indicator is the way it levels out as prices become slow to progress. If prices suddenly surge forward this indicator will also accelerate upwards, or downwards, smoothing out the fluctuations caused by minor corrections or reactions.

Stop Management Tool

Once you’ve decided to pull the trigger to enter a trade, you’ll need to manage your position to earn the maximum amount of profit. The "H Stop" Management Tool can be used to keep you in a trade until it reaches its full potential.