Click below to buy an one year Universal Trend indicator System License:
Grade | Trend | Strength |
+10/9 | Up | Very strong up trend (max up strength grade limited to +10) |
+5/6/7/8 | Up | Strong up trend |
+2/3/4 | Up | Slight - possible start of an up trend |
+1 | Up | Neutral - slight up |
-1 | Down | Neutral - slight down |
+2/3/4 | Down | Slight - possible start of an down trend |
+5/6/7/8 | Down | Strong down trend |
+10/9 | Down | Very strong down trend (max down strength grade limited to -10) |
Name | Range | Increment | Tests | Impact | Description |
---|---|---|---|---|---|
Lookback | 20 ... 200 | 20 | 10 | Strong | Lookback period in bars |
Step | 40 ... 120 | 20 | 5 | Strong | Magnification Factor to price changes |
GradeLong | 4 ... 8 | 1 | 5 | Strong | Trigger Level for Long Entries |
GradeShort | -8 ... -4 | 1 | 5 | Strong | Trigger Level for Short Entries |
TargetOffset | 40 ... 160 | 40 | 4 | Medium | Profit Target Percent - 100 = 1.00% from Entry Price |
StopOffset | 40 ... 160 | 40 | 4 | Medium | Stop loss Percent - 100 = 1.00% from Entry Price |
ExitAge | 10 ... 30 | 10 | 3 | Small | Exit after X bars if trend reversed - 0 = no reverse exit |
CloseFactor | 1 ... 10 | 1 | 10 | Small | Emphasis on the closing price only - vs High and Low - 1=same as High/Low, 10=10x stronger than High/Low |
Recent | -10 ... 10 | 5 | 3 | Small | Emphasis is on the most recent data: +10=most recent bars -10=most historic bars, 0=all bars equal |
Market | Example |
Stocks | AAPL |
ETF | SPY |
Futures | ES 03-19 |
FOREX | EURUSD |
Cryptocurrency | BTCUSD |
Timeframe | Example |
Minutes | 15 Minutes |
Ticks | 10000 Ticks |
Volume | 100000 Shares |
Seconds | 30 Seconds |
Daily | Daily |
RISK DISCLOSURE:
Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment.
Risk capital is money that can be lost without jeopardizing one's financial security or life style.
Only risk capital should be used for trading and only those with sufficient risk capital should consider trading.
Past performance is not necessarily indicative of future results.
HYPOTHETICAL PERFORMANCE DISCLAIMER:
Hypothetical performance results have many inherent limitations, some of which are described below.
No representation is being made that any account will or is likely to achieve profits or losses similar to those shown;
in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program.
One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight.
In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading.
For example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results.
There are numerous other factors related to the markets in general or to the implementation of any specific trading program
which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.
ADDITIONAL DISCLAIMER:
Professional Software Solutions(PSS), also known as PSS assumes no responsibility for your trading results.
Past performance does not guarantee future performance and Professional Software Solutions does not make any performance representations or guarantees.
Any chart or trading demonstration produced by Professional Software Solutions representing trades and using any systems/methods
on the www.ProfSoftware.com website or in any advertisement, seminar, brochure, magazine or online demonstrations are to be considered hypothetical trades for educational purposes only.
No trading system can guarantee profits. Hypothetical trading results can be unreliable.
Testimonials Disclosure:
Testimonials appearing on this website may not be representative of other clients or customers and is not a guarantee of future performance or success.