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Supported Platforms: | TradeStation, Multicharts |
| Market: | All (Stock, Futures, Forex, Options) | |
| Time Frame: | Minute, Daily, Weekly | |
| Trading Style: | Swing, Bounce, Pullbacks |
$347
The smart points indicator was build to help you recognize key turning points, pullbacks and bounces. The calculations are based on a unique moving average developed by our company.
The indicators consists of the of 3 lines and 2 types of signals.
Indicator Overview
The indicator basically pinpoints reversals and pullbacks, by finding areas where the price steps outside of the Indicators Bands and then turns back in.
- It works Well in a Trending market .
- It works Great in a Sideways market.
Specifics – Short Trade Example
As soon as the price crosses above the upper band , the indicator will let you know by plotting a yellow rectangle above the bar. This yellow rectangle simply tells you to get ready a reversal or pullback might be near. When the price crosses back under the upper band here the indicator really starts to work. It analyzes the conditions of the price movement in order to decide weather the pullback is good, it uses the DIG_CCI ( our version of the Commodity Channel Index, which you can purchase separately ) to further improve its decision. When the indicator decides that the pullback or reversal is good, a red rectangle will be plotted above the bar.
This indicator has been build and back tested by our best experts, and it works great! Yet you should use you knowledge and understating of the market in order to make an informed decision when a signal ( Red Rectangle ) appears.
Below are a few examples of smart point signals. The indicator works on all time frames [Minutes, Days, Weekly], we have found it to work best with a 15 and 60 minutes chart.
AMZN 15 Min Chart. Notice how the yellow rectangles are drawn when the price moves above the Upper band, and then the red rectangle tells you a pullback or reversal is about to start.
DELL 60 Min Chart. A nice long signal. It is recommended to close a part of the position when the price crosses the middle of the channel.
GBPUSD 60 Min Chart. A nice short signal which resulted in a move of about a 100pips. We recommend you slowly trail your stop as the trade progresses and close a part of you trade as the price crosses the middle band.
An initial stop may be placed just above the high pivot point before the signal. This high pivot, tends to hold well, and is rarely broken.
@ES 60 Min Chart. You can see how great this indicator works on sideways moving market. Notice that the pivot points just before the signals, held up really well.
- Works Great in a Trending Market
- Adjustable parameters for volatile markets
- Pinpoints pullbacks and reversals with Great accuracy
See the DIG Smart Points indicator in action:
 @ES – 15 Min |
 GBPUSD – 15 Min |
 GBPUSD – Daily |
 IBM – 5 Min |
Buy a Lifetime Licence for the DIG Smart Points Indicator:
This indicator comes with dedicated support, meaning that you will have full access to our support team with any issues, advice and best practices of this indicator via Phone, Skype video chat and screen sharing assistance.
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Please note that we can also modify this indicator to your specific needs for example:
• Adding Alerts, and Emails with specific user defined code Get a quote on custom indicator coding here >> |
After purchase, the code will be sent to your email with instructions on how to install & use it.It usually takes us 48 to send the product.
Secure Purchase: You will be transferred to a secure purchase page, we are using paypal as our third party checkout. the purchase page will look like this:
5 comments
Jim Bui says:
May 3, 2011 at 7:22 am (UTC 0 )
DIG Smart Points: Does it work with MT4 Platform? Thank you.
Patrick says:
May 3, 2011 at 9:31 am (UTC 0 )
Dear Jim,
The DIG Smart Points indicator is currently built only for tradestation.
If you are interested in using in on the Meta Trader 4 platform, we can custom code it for you.
All the indicators in our site are for Tradestation but we do translate them to other platforms and vise versa.
giovi says:
August 14, 2011 at 9:27 am (UTC 0 )
Does this indicator work with any forex market and also for xauusd and xagusd ?
Thanks
Support says:
August 14, 2011 at 4:43 pm (UTC 0 )
Dear Giovi,
Yes this Smart Points Indicator can work on any asset, including Forex, Futures, Equities and all other markets.
Ping chu says:
February 1, 2012 at 1:38 pm (UTC 0 )
Would you please send me more 5 min. charts examples?