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The first step in trading is knowing which direction the
market is moving and which direction it will most likely move in the future.
Pro Trading Systems has revolutionary tools that make determining the market
direction more clear.
Squat Bar Indicator uses volume and range to show likely reversal points
Our proprietary NYSE Volume tool (Pro Version) actually lets you see volume
flowing into up and down stocks and gives a clear picture which direction
the market will move in the future.
1) The market gaps up, many
traders like to fade gaps because they usually reverse and fill the gap.
In this case you can easily see that volume flowing into up stocks is 8 to
10 times that flowing into down stocks and the market clearly wants to go
up.
2) Same day as in case number one
you can see that up volume is slowing down and down volume is increasing
giving you signs that the market is likely to reverse which it does over the
next hour.
3) During the next day you can see that
volume is lighter than the previous day and there is lots of indecision
about which direction the market will go. This is a day where you want
to range trade until it becomes more clear which way the market will go.
At point three you can see that the bar closes up yet there is more selling
than buying going on which alerts you that the market is most likely to go
down in the short term which it does over the next hour.
4) This is a very wide range bar and you
can see there is 30% more selling than buying volume coming into the market.
You can also clearly see that there is more selling during this 30 min bar
than over the previous day. When you get both range expansions on
higher than average volume in that direction it is a clear sign that the
direction will most likely continue and trend in that direction.
5) Later in the day you can see two up
bars where selling in the entire NYSE market is more than the buying,
setting you up for a low risk short.
6) The next day consolidates and most
traders have no clue as to which direction the market will break out in.
The market is clearly balanced during the day so far with a very narrow
range. Often times very low range bars occur right before a major
breakout. Markets typically fluctuate between high and low volatility
periods. At point six you can see a very narrow range bar but there is
20 to 30% more buying in the market than selling giving you more confidence
to take the breakout during the next bar. The bar immediately after
you can see almost no selling and 4 times more buying pressure. You
can clearly see over the next few bars that buying volume is dominating and
it lets you clearly see to trade in the direction of the new uptrend.
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What is Pro Chart, and how can it improve my trading?
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Pro Trading System's trading system is one of the most advanced, yet easy to use, trading systems available anywhere.
INCLUDES
›
Pro Chart - Advanced Charting with indicators and studies you will not find anywhere else.
› Pro Scan - Now you can scan the market for the best trading opportunities in real time.
› Advanced Market Breadth Studies - help you decide whether to go long, short, or both!
› Advanced Market
Volume Studies - Now you can see volume
flowing into up/down stocks real time across entire NYSE and
NASDAQ
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Buy / Sell Pressure - This amazing tool
analyzes EVERY trade and shows you for each bar whether there
was more buying or selling and how much. You will often
see net selling as stocks go up and pause and then fall and real
buying as stocks fall and find support. One of our most
useful and revolutionary tools. You won't get this
anyplace else. eSignal version only
›
Watch Large Traders -
Because we analyze every trade, you can have our software show
you any size trades and whether the biggest traders are buying
or selling. For example set the trade size to 2,000 shares
and every time this size or greater is traded we show you
whether there was more buying or selling for those bars.
Now you can actually follow and trade in same direction as the
world's largest traders!
› Charts AUTOMATICALLY Update - with the top stocks on your list!
(NO MORE CLICKING SYMBOLS looking for stocks to trade)
› Sector Rotation - We alert you to which sectors and stocks funds are rotating into and out of .
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Statistical Range / Volume Analysis - This
proprietary tool lets you see each bars avg range and avg
volume. It lets you see if the trend is really strong or
if it is likely to reverse. Many of our traders trade only
using this tool, it gives you statistically low risk entry and
exit points.
› Timing Indicators - Not only do we help you find the stocks most likely to go up or down, we also give you timing indicators too!
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Probability Bands - Another amazing indicator that
you will not find anyplace else plotted automatically on your
charts each day. Uses each stocks volatility to project
the 65%, 80%, 88%, and 95% maximum high and low each day.
You will be amazed at how often stocks reverse at these levels
to the penny or tick.
› Hotlists - showing you great trading stocks narrowed down into only a handful of the best using our advanced yet easy to use filtering technology. (NO
PROGRAMMING REQUIRED!)
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Level II Direct Access Execution - We have consulted
with our largest traders to make what we consider to be the best
Level II
out there.
› Much, much more - We usually release a new version each and every week with new features, indicators, scans, stock hotlist filters, and of course our customer's ideas.
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Interactive Charting with
Buy &
Sell Signals! |
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Analyze All 87 Major
Sectors and find out which are hot and which are not.
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Pro Trading System's
software lets you quickly analyze all of the major sectors and
lets you quickly find the strongest and weakest sectors and then
which stocks in each sector are most likely to continue their
trends.
SECTORS INCLUDED
| Adv Industrial Equipment |
Coal |
Furnishings & Appliances |
Medical Supplies |
Retailers, Broadline |
| Adv Medical Supplies |
Communications Technology |
Gas Utilities |
Mining |
Retailers, Drug Based |
| Advertising |
Computers |
Healthcare Providers |
Nonferrous Metals |
Retailers, Specialty |
| Aerospace |
Consumer Electronics |
Heavy Construction |
Office Equipment |
Semiconductors |
| Air Freight |
Consumer Services |
Heavy Machinery |
Oil Companies, Major |
Soft Drinks |
| Airlines |
Containers & Packaging |
Home Construction |
Oil Companies, Secondary |
Software |
| Aluminum |
Cosmetics |
Household Products, Durable |
Oil Drilling, Equip & Serv |
Steel |
| Auto Manufacturers |
Distillers & Brewers |
Household Products, Nondurable |
Paper Products |
Technology Services |
| Auto Parts |
Entertainment |
Industrial, Diversified |
Pharmaceuticals |
Tires |
| Banks, Non S&L |
Electric Components & Equip |
Industrial Services |
Pollution Control |
Tobacco |
| Banks, Savings & Loans |
Electric Utilities |
Insurance, Full Line |
Precious Metals |
Toys |
| Biotechnology |
Factory Equipment |
Insurance, Life |
Publishing |
Transportation Services |
| Broadcasting |
Financial, Diversified |
Insurance, Property & Casualty |
Pipelines |
Trucking |
| Building Materials |
Fixed-Line Communications |
Internet Services |
Railroads |
Water Utilities |
| Casinos |
Food Products |
Investment Services |
Real Estate |
Wireless Communications |
| Chemicals, Commodity |
Food Retailers & Wholesalers |
Land Transportation Equip |
Recreational Products & Serv |
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| Chemicals, Specialty |
Footwear |
Lodging |
Restaurants |
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| Clothing & Fabrics |
Forest Products |
Marine Transport |
Retailers, Apparel |
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