With the Alchemy Trend Complete Indicator Package, we have combined our Alchemy Trend Catcher and our Alchemy Strong Trend Entry indicators into one trend trading system.

The Alchemy Trend Catcher indicator consists of charting indicators and a separate RadarScreen indicator. This indicator identifies the market trend and displays a logical trailing stop in order to stay with the trend for longer moves. With the Alchemy Trend Catcher, you will never miss a big market move. We've developed a proprietary market trend and volatility calculation that works in any market and on any time frame. This indicator will help you to stay in the right direction of any market move. The Alchemy Trend Catcher's trailing indicator is self-adaptive to the market's current volatility, therefore minimizing the initial risk while staying with the trend.  Our Alchemy Trend Catcher indicator is a powerful trend trading tool that is very easy to use.

Additionally to the Alchemy Trend Catcher, this indicator package uses the Alchemy Strong Trend Entry indicators as strong trend detectors.  They signal the strength of a developing trend and increase the reliability of a follow through of a previous reversal or breakout. When a strong trend is detected, the indicators color code the price bars and display an entry zone at a logical retracement area, which provides a better entry price into the direction of the new trend. This trend confirmation method eliminates a large percentage of whipsaws and filters out a significant amount of noise when the market is in a non-trending, consolidating phase. At the same time, they catch all major market moves.

The Alchemy Trend Catcher charting indicator paints the price bars cyan in an uptrend and magenta in a down trend, which provides an overall trend direction. A trailing line keeps a trailing distance that is self adaptive to the market's volatility. Once the market penetrates the trailing line, the trend changes and marks a market reversal. When the Alchemy Strong Trend Entry indicators detect a strong trending market after such a trend reversal, the price bars are colored with a thicker weight and separate dots display an entry zone. The most aggressive entry would be to enter the market when the thicker paint bars detect a strong trending market. A more conservative entry would be to enter into the direction of the trend when the market retraces back into the entry zone.

We added a new and unique feature to our paint bars using phantom plots that allow quick and easy access to the entire TradeStation color palette through the Format Color tab.  This feature also offers complete color control for up candles and down candles for optimal use on candle stick charts.

A separate RadarScreen indicator displays the trailing stop price and indicates if the market is in an up trend or in a down trend.  The Alchemy Trend CatcherRS RadarScreen indicator contains 3 columns. The first column displays the trailing stop price, the second column displays the up trend and the third column displays the down trend.

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