Indicators







Get Adobe Flash player




The efficiency of the electronic stock trading much depends on the application of the specialized software – user indicators that will inform the trader in time about the occurrence of the market event complying with specific trading signal. Having individually studied the Chaos Theory and improved the knowledge with an experienced teacher, it is necessary to get the indicators that will perform the functions of a well-tuned special instrument.

I draw your attention to the user indicators to the MT4 (Meta Trader 4) trading and analytical platform of “iTradeChaos” trademark. I think the functional options of the iTradeChaos indicators based on the Trading Chaos strategy exceed the options of the Profitunity indicators installed in the CQG and eSignal software. Having familiarized with the signals generated by my indicators, Bill and Justine Williams registered the first level domain iTradeChaos.com on August 10, 2009 and set traffic forwarding to their web site Profitunity.com leaving me with the possibility to use only the second level domain iTardeChaos.com.ua. This is no problem as the authors have not created indicators specially for the ÌÒ4 platform, which is the most widely used trading software in the world. iTradeChaos indicators may be of two types – iTradeChaosSE indicator– fine-tunes the signals of the “Trading Chaos”, being an innovative contemporary trading technique, iTradeChaosAll indicator is more targeted at the signals described in the book “New Trading Dimensions” but incorporates a part of the options of the iTradeChaosSE indicator – “Three Wisemen Signals”.

iTradeChaos_info.


Indicator in few seconds will find and show "Thre Wise Men" signals on the screen at all installed time frames. (30 min, 1H, 4H, D1, W, M). Also it'll send signals on e-mail.

iTradeChaosSE Indicator and Its Options

Trading signals according to the strategy described by Bill and Justine Williams in a book “Trading Chaos second edition” known as “Trading Chaos 2”.

1.The indicator informs the trader about the formation of the “First Wiseman Signals” in the price chart. If at the time of the closure of the trading session (time frame) the chart shows the bar with the High higher than the High of the previous bar, and the bar closure is in its lower part, a “Bearish Divergent Bar” signal (B/D/B) is sent to the trader’s email, at the same time, on the chart this bar is shown with a green star and price marks of the reached High and Low of this bar. In case of the formation of the bar with the parameters of the Low lower than those of the Low of the previous bar, and the bar closure is in the upper part of the bar, respectively, the “Bullish Divergent Bar” (B/D/B) signal is sent to the email informing of the formation and this bar is marked with a green star and price marks of the highest high and lowest low of that bar.
Let’s have a look at an example of marking divergent bars on the chart.
The option of displaying the price marks of the levels on the chart helps the trader to put up pending order and stop-loss quickly. The option of reflecting the price marks may be called from the indicator settings by setting True or False.

According to the theoretical rules, the indicator will not inform of the formation of a divergent bar and will save the trader from making a mistake if the bar with the
‘divergence’ parameters is formed in the colour that does not comply with the signal of the histogram of the AO Super indicator or if such bar touches the lines of the Alligator indicator. In any case, having received the “First Wiseman Signal”, the trader must check for angulations. The way of doing this is clearly shown in the Home Study Course, a training video course of the authors of the strategy, and has been explained by me during the full-time attendance training.
 

2.The indicator tells of the formation of the “Second Wiseman Signals” with a red or a green rhombus which is shown on the corresponding price bar with the third bar of the histogram of the Super AO indicator and the notice of both formation of the “Second Wiseman Signal” and of the price level break is also sent to the trader’s email box. This option will prevent missing any signal for adding to the open position.

Let’s have a look at an example of marking the “Second Wiseman Signal” on the
chart.

3.The trader will get an informational signal to his email box about the formation of an “important fractal” from the point of view of its location close to the Alligator’s teeth line – the “Third Wiseman Signal” and about the break of the fractal level. On the chart the mark of an “important fractal” is visually shown in a different colour and the price mark is defined for the High (Low) of the fractal level. The signal will enable the trader not to miss any forming trend movement.
The price chart has got the following fractal marking.













4.Even if the trader does not manage or forgets to place the pending stop-orders according to the “Three Wisemen Signals” or the stop-losses, the iTradeChaosSE indicator will handle this. The indicator has an option of giving electronic notices of the trading signals at momentums when the divergent bar levels break both in the direction of turning and according to the trend, of the levels of important fractals, levels of the bars above the third bar of the histogram of the Super AO indicator, bars Blue Light Special, levels of the fifth bars of one colour, price closure in the Alligator’s mouth showing the end of the trend movement. The examples of the email messages:

1. "Bar of the bullish turn!";
2. "Bar of the bearish turn!";
3. "3rd bar AO buy signal!";
4. "3rd bar AO sell signal!";
5. "RISE of the 3rd bar!";
6. "FALL of the 3rd bar ÀÎ!";
7. "New rising fractal!";
8. " New falling fractal!";
9. " Rising fractal breakout!";
7. "Falling fractal breakout!";
8. "Bullish divergent bar fell down the trend!";
9. "The bullish divergent bar confirmed (the order had to trigger)!";
10. "Bearish divergent bar rose up the trend!";
11. "Bearish divergent bar confirmed (the order had to trigger)!";
12. "The option of giving notices of the end of the trend/beginning of the correction is activated!";
13. "The trend has ended (correction has started)!";
14. "Break of the fifth bar in the green zone!";
15. "Break of the fifth bar in the red zone!";
16. "Signal \"Blue light\"Buy!";
17. "Signal \"Blue light\"Sell!";
18. "Breakout of the signal bar \"Blue light\"Buy!";
19. "Breakout of the signal bar \"Blue light\"Sell!";


5.The iTradeChaosSE indicator incorporates the notion “Blue Lights Special signals” that make it possible to follow the points of entering the market at the most favourable prices.









6.The indicator colours the bars depending on the modern interpretation of the “zoning”.













7.The indicator determines and shows Squat bars on the chart. “Squat bars’ are shown on the chart in blue colour despite the colour of the histogram of the Super AO indicator.












8.The indicator works on all time frames.


9.The “info” option displays on the chart by default in the upper left corner below the OHLC indices the information about the trading signal effective at that point of time. This option enables the trader to define immediately which trading signal zone the market currently is in.












Setting of the iTradeChaosSE Indicator
Info_Language= "Set Info Language (0 - RUSSIAN, 1 - ENGLISH)";
UseLang = 0; // 0 - RUSSIAN, 1 - ENGLISH
Use_Sound = false; // true – use sound as a signal, false – do not use.
Use_Mail = true; // true – send the signal to the mail, false – do not send.
CommentsCount = 3; // the number of the lines with the applications in the corner of the screen (0 – switch off)
Correction = "Option informing about the end of the trend/beginning of the correction (works only once following the launching)";
CorrectionStart_Alert    = true; // true – switch on, false – switch off

ReverseBar = "Parameters of reflecting the turn bars";
ReverseBar_Width  = 1;
ReverseBar_UpColor  = Lime;
ReverseBar_DnColor = Red;
DrawReverseBar_Level = true;
DrawReverseBar_SL = false;
DrawReverseBar_Proboy = true;

AO    = "Parameters of reflecting signals of AO";
AoWidth  = 1;
UpAoColor  = MediumSpringGreen;
DnAoColor  = Crimson;
DrawAoPriceLabels  = false;

Fractal = "Parameters of reflecting fractals";
Fractal_Width = 1;
Fractal_GoodColor  = White;
Fractal_BadColor  = Gray;
DrawFractal_Level  = true;
DrawFractal_Proboy  = true;
BlueLightsSpecial  = "BlueLightsSpecial parameters";
BlueLights_Width  = 1;
BlueLights_UpColor  = Green;
BlueLights_DnColor  = Red;

Methods of Using the Indicator

There are two methods of using the indicator. The first method is simple. It is applied when connecting the indicator to one chart on the asset you are interested in. The second one is a multi-window one, it enables to get signals from many trading instruments. If many windows are created that would switch on the pattern with the iTradeChaosSE indicator and the ÌÒ4 software is connected to a 24-hour operating server, you will be able to get market signals for all assets and know all market events related to the “Trading Chaos” strategy.

iTradeChaosSE (iTradeChaos2) – free download via the partner software (IB).

If you are interested in the iTradeChaosALL indicator informing about the market signals described in the book “New Trading Dimensions” and incorporating a number of iTradeChaosSE options, advisor Same_St_Fractal on entering the market at the break of an important fractal filtered from the market noise and another interesting supporting software for the MT4 software, I suggest you should go to my acting BLOG-SHOP at the following address: http://moremoney.com.ua/itradechaos-software-eng

Property Rights
All rights to the information, graphical materials, texts and other data and objects on this web site (hereinafter referred to as “the data”) belong to Gennadiy Vataliyovych Stanilevych and to the third parties according to the provisions of the concluded agreements and verbal arrangements. No data included in this web site or their part can be reproduced, used or assigned to the third parties for generating profit without a prior consent of the owner in writing. You can view and print out the data contained on this web site for private use and/or making decisions on purchasing products and services.
The references to the web site may be made upon the consent of the owner or on his incentive.

Warning of the Risks
Before making a decision to participate in the marginal transactions at the financial and raw materials markets, Forex market, you must carefully analyze the need of this, your knowledge, experience, skills and the desire to take a risk.
You should never put money in this business if the loss may have a negative effect on your way of life and welfare.
Each deal at the Forex market is very risky. Any currency transactions carry risk in them related to the change of political or economic situation which may have a huge effect on liquidity, cost of the currency and asset, etc..
Besides, while trading at the Forex market the credit leverage is used, this means that any market movement is reflected in the account, increasing to the manifold extent. The leverage may be both favourable and unfavourable to you. There is a real possibility of your losing all funds contributed as initial deposit and there may arise the need of additional contribution of funds for supporting the current position. If you do not meet the requirement of obligatory replenishing the security in the required time, your position will be closed and you will have to cover all related losses. There are also the risks related to the use of the software operating via the Internet, including the risk of connection failure or malfunctioning of the equipment and software. Any opinion, news, researches, analysis, prices or any other information included in this web site is presented as market comments and is not an investment advice. The web site administration shall not be liable for any losses, including, but not limited to, the loss of profit which may arise directly or indirectly from the use or dependence on this information. The web site has taken all reasonable steps to ensure the accuracy of the information. The contents of this web site may be changed at any time without giving notice.




developed git.biz.ua