Plugs into Infinity Futures, MT4, MT5, NinjaTrader 7 & 8, Sierra Chart and TradeStation platform. The software tools appear on the charts and windows. No extra data feed required.
The SMART Scanner can scan up to 25 charts simultaneously, in up to 10 time frames.
The scanners search for trend alignment across the time frames.
Once trend alignment is identified - especially in larger time frames - then you can begin to look for trading opportunities
Once trend alignment has been identified the SMART technology uses advanced filtering techniques to generate trade setups. Once a setup has been identified a visual and audible alert is generated.
There are 2 types:
1. Wyckoff VSA Indicators which alert you when major VSA principles indicate a potential future market turn. These indicators are used by the SMART Technology to identify a potential trade setup.
2. VSA Confirmation Indicators which confirm the VSA principle. You use these indicators, together with the trading strategy, to define an entry point.
When you click on an indicator a dialogue box appears giving you detailed information about the trading area you are looking at. The dialogue box contains three sections:
1. Price bar description: The latest populated price bar and what it means in VSA terms.
2. The Background: This is very important as it can influence how the market reacts to the indicator in question. You must look back 1 to 50 bars for high / ultra-high or low / ultra-low volume accompanied by a major VSA Indicator. If there are VSA Indicators in the background this adds extra weight to the strength of the indicator you are looking at.
3. The Future: This gives you strong support when deciding whether to trade or not. This section will tell you to wait for at least two bars.
Volume Thermometer Bar
The software is continuously looking to see the relative amount of bullish and bearish volume at any particular time. The results of this analysis are shown in the bottom bar of the chart.
If the bar is green the volume is bullish, if it is red then the volume is bearish.
It is best to use the relative volume tool to aid you in your entry or exit.
Short Term Trending Tool
Whatever your trading style, the short term trending tool is a flexible indicator that can be set up to help you in 'scalping' or swing trading on intraday charts, position trading on daily charts, or even in medium/long term investing on weekly or monthly charts.
The circular dots display in 3 colors; red for a short-term downtrend, green for a short term uptrend and grey when the market is in congestion.
As well as the changing colour of the dots, 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, it will also accelerate upwards or downwards, smoothing out the fluctuations caused by minor corrections or reactions.
Medium Term Trending Bar
There is a second trending system that is designed to be a lot more insensitive to minor trend changes. The medium term trend tool is 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.
Medium term uptrends are signified by the bar turning green, while medium term downtrends are represented by the bar turning red. This tool complements the short-term Trending Tool, to provide further confirmation, or to spot countertrend trading opportunities.
VSA Tracker Stops
The H Stop system follows the price up or down depending on whether you are long or short.
There are 2 levels on each bar – either above the bar for short trades, or below, for long trades. If the stops straddle the bar then the chart is in congestion..
The stop further from the bar is more conservative and has less risk than the H-Stop nearest the bar. The H-Stop system is very effective when used on a 5 minute chart.
Trend Cluster Tool
We call the point where historical trend lines intersect a 'trend cluster', and a rectangular block will be displayed on the right side of the chart. Trend clusters represent strong areas of resistive price levels.
When these appear the software has picked up intersecting trend lines and channels either above the price action (showing resistance to higher prices), below price action (which shows support below price action), or straddling above and below price action, which often indicates congestion as prices bounces off both the upper and lower trend clusters.
On the right edge of the chart you will see a maximum of 10 clusters displayed with up to 3 different severity levels. When the prices break past the cluster, they tend to continue in the same direction, until further support or resistance is encountered. There are examples of this happening in the chart on the previous page.
This tool is very useful for helping to refine entry points and determine exit points.
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Risk Disclosure:
Futures, cryptocurrencies 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.
Hypothetical Performance Disclosure:
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.
Testimonials Disclosure:
Testimonials appearing on this website may not be representative of other clients or customers and is not a guarantee of future performance or success.