Alchemy TrendCatcher Indicators are a powerful trend
trading tool that are very easy to use and they will help you to
stay in the right direction of any market move.
This indicator package contains a chart analysis
indicator and a separate RadarScreen/Scanner indicator.
These indicators combine 2 separate trend modules, the
Alchemy TrendDirection module and the Alchemy Strong
The TrendDirection module of these indicators identify
the market trend on two separate time frames (for
TradeStation 9 only) and
calculate a logical trailing stop in order to stay with the
trend for longer moves. We've developed a proprietary market
trend and volatility algorithm that works in any market and on
any time frame. The Alchemy TrendDirection trailing stop is
self-adaptive to the market's current volatility, therefore
minimizing the initial risk while staying with the trend. With
this TrendDirection, you will never miss a big market move.
The Alchemy Strong Trend module is a strong trend
detector, signaling the strength of a developing trend and
increasing the reliability of a follow through of a previous
reversal or breakout. When a strong trend is detected, the
indicators 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, it catches all major market moves.
The Alchemy TrendCatcher RadarScreen/Scanner indicator
allows you to sort and scan for markets that are within an entry
zone or display a strong trend.
Alchemy TrendCatcher indicators can be used on any
market and for any trading style.
added a 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. For optimal use on candle stick charts,
this feature also offers complete color
control for up candles and down candles
Here For Testimonial