Traders can get a different perspective of TradeShark’s short, medium and long term trend forecasts by using the predictive differences indicator.
The slope and trajectory of the different lines can offer early warning signs of trend reversals as well as indicate that a market trend is losing momentum.
This indicator, in combination with the Neural Index, can act as confirmation to ensure that you end up on the right side of the trend.
Pivot Point indicators are an extremely valuable tool that can be incorporated into almost any trading style or system, allowing traders to identify breakout conditions, set price targets, and remain aware of important support and resistance levels in the market.
TradeShark wasn’t satisfied with just that and thus, took these a step further by transforming these already powerful indicators by adding predictive data which is incorporated into the pivot point calculation. This offers traders a huge advantage over other pivot point implementations.
Watch the video below to see a demonstration of TradeShark’s Predicted Weekly Standard with a chart of the British Pound / U.S. Dollar. Like all other Tradeshark indicators, pivot points can be added to any chart selection with a simple drag and drop. The pivot point will then be applied to the chart along with some extra space for easier viewing.
Traders can easily combine these pivot levels with the highly accurate Neural index forecasts found in TradeShark. This combined approach allows traders to identify opportunities with a very high likelihood of performing to expectations and to manage their positions more effectively often resulting in much greater trading profits.
In addition to the weekly predicted pivots, longer term traders may wish to make use of the Monthly and Quarterly pivot point indicators within TradeShark. These higher time frame pivot points are located in the indicator tray and can be applied to the charts just like the weekly pivots.
Tell us how you are using these indicators in the comments below.
The most widely known individual trader in the world, Larry Williams, is known for his innovative trading concepts, seminar appearances and market publications. Larry is a firm believer in fundamental analysis and the concept that prices move due to shifts in, or perceptions about, supply or demand conditions. TradeShark is excited to announce two new Larry Williams Indicators – available exclusively in our platform. Watch the video below to see how you can apply these premium indicators to TradeShark to improve your consistency and accuracy in the markets.
Trend Track defines long term trends and provides important levels that warn traders when a trend is no longer valid, keeping traders on the right side of the trade.
Cycle Track projects 90 days into the future and gives traders a good estimation of where prices are likely to move based on cyclical content of the market data. This allows traders to prepare for major tops and trend reversals.
These Larry Williams Indicators can be combined to help traders capture some of the best opportunities that occur in the market. TradeShark’s predictive technology transforms traditional market lagging data into future predictions that can help traders get ahead and capitalize on profitable opportunities.
Request a free demo of the Larry Williams Indicators by emailing email@example.com
Are you looking for an easier way to identify market trends?
The Jack Schwager indicators available in TradeShark are designed to identify long term trends and notify you know when the trends have run their course.
TradeShark’s latest update now allows users to combine the Schwager indicators with the power of TradeShark’s IntelliScan – giving you a powerful tool to automatically identify trending markets and increase your gains by putting you on the right side of the market.