Trader Support Add-Ons (TSADD) for TradeStation®

The following powerful Indicators are available from ProfessionelSoftwareSolutions:

The following powerful utilities are available from ProfessionelSoftwareSolutions:

(More products will be added soon - check back in ...)

We also offer any custom programming you might need for TradeStation® 

I    
"Neither TradeStation Technologies nor any of its affiliates has reviewed, certified, endorsed, approved,
disapproved or recommended, and neither does or will review, certify, endorse, approve, disapprove or
recommend, any product or service that offers training, education or consulting regarding the use of EasyLanguage®."

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Buy/Sell Pressure Indicator

This smart  Buy/Sell Pressure(BSP) Indicator can detect trend changes and exhaustion
points much earlier than regular oscillating indicators (RSI, CCI, EMA, MACD etc).
Here is an example were you can see how we get early trigger signals:

The first significant opposing bar gives the signal (11:27 Short Entry or Sell Exit)
Try it yourself - 15 days trial period for free:

The Buy/Sell Pressure Indicator offers two approaches:
- Focus on high spikes in on direction (as the example above shows)
- Focus on a continuous sequence of bars in the same direction
  and enter when the first bar in the opposite direction occurs
  (Example: at 12:45 4 red consecutive bars end)
Note: BSP can only be used for tradable symbols (not indexes)
on X Minute Intraday charts, and daily charts - use 1440 min Intraday

Order Buy/Sell Pressure Indicator here

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Rapid Response Smooth Average (RareAvg)

When following the often erratic Price movements you are always facing a dilemma:

Now after extensive research, we have developed the "Rapid Response Average Indicator Set" (RareAvg),
which combines the best of both worlds: fast response to changes with smooth transitions!
In the graph below you can see RareAvg(Yellow) compared with the Exponential(Red) and Linear(Cyan) Average.
We have also included the new rapid response smooth RSI, CCI, MACD and Bollinger Band indicators for you:


The “Rapid Response Smooth Average (RareAvg)” in the chart above is thick yellow – compared to the usual “Linear Regression Avg” (cyan) and “Exponential Mov Avg (red).
As you can see RareAvg combines the best of both worlds: fast response to changes with smooth transitions!
The 2nd Graph compares the “Rapid Response smooth RSI”  (thick green/yellow/red line) with the “Regular choppy RSI” (thin green/cyan/red line)..
The 3nd Graph compares the “Rapid Response smooth CCI”  (thick green/yellow/red line) with the “Regular choppy CCI” (thin cyan line).
As you can see in these examples the RareAvg Indicators offers you excellent signals, by combining a sophisticated rapid response logic with a smooth/non-choppy graph..

Below you can see the new rapid response smooth MACD indicators:

The 3nd Graph above shows the “Smooth Rapid Response MACDI”  (thick green/yellow line) with an earlier cross-over
than the “Regular choppy MACD” (thin green/yellow line) in the 2nd Graph.


Below you can see the new rapid response smooth Bollinger Band indicators:


In the chart above you we present also the smooth “Rapid Response Bollinge Bands” (white dotted line) and
the “Rapid Response Smooth Average (RareAvg)” in the chart above is thick yellow – compared to the usual “Linear Regression Avg” (cyan) and “Exponential Mov Avg (red).
As you can see RareAvg combines the best of both worlds: fast response to changes with smooth transitions!

Order the Rapid Response Smooth Average Indicator here

Trend Reversal and Strength Indicator (TrendRev)

This indicator set helps you detect the strength, direction and reversal opportunities in short -term trends.
You have the following two indicators available:

In the sample graph below you can see 2 profitable Short entries (Red Arrow) and 3 Long entries (2 break even, 1 profitable)
 
In the chart above we present the “Trend Reversal and Strength Indicator (TrendRev)”.
 
It uses powerful logic to detect the current trend strength and trend direction/reversals at an early stage.
The 2nd Indicator (thick white/yellow line) shows the strength and “age” of the trend.
The 3rd Indicator (thick red/white/green line) shows the current trend direction and early reversal points

Order the Trend Reversal+Strength Indicators here

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Robust Regression System

This powerful "Robust Regression System (RRS))" indicator is showing you
the direction and strength of trends with all the noise filtered out.
It uses the sophisticated statistical methods developed by A.F.Siegel and P.J.Rousseeuw.
You can use the RRS pivots above a minimum (yellow) trigger line for entries,
or the trend green/red cross-overs for reversals.
See the red(short) and green(long) signals in the example below,

In the chart above we present the “Robust Regression System (RRS)”.  It uses sophisticated noise filter logic to show you
the trend strength and trend reversals at an early stage. Green = Up Trend, Red = Down Trend

Order the Robust Regression System Indicator here

for more details see:
P.J. Rousseeuw "Robust Regression and Outlier Detection" 1987 and
A.F.Siegel "Robust Regression using repeated Medians" 1982

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Advanced Normalized Momentum Indicator

This powerful indicator can detect trend reversals early;
See the red(short) and green(long) signals in the example below,
when the trend reverses from an extreme (look for trend Pivots from significant extremes)
Testimony from a client(XavierM): "I have tried other momentum versions, 
but this Momentum indicator is by far the cleanest and reacts quicker than any paid or free version that I have come accross."


In the chart above we present the “Advanced Normalized Momentum Indicator” .  It shows trend reversals (crossing the neural yellow line) and trend strength (excursion into green/red areas)

Order the Advanced Momentum Indicator here

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Advanced ZigZag Line Indicator

This powerful indicator assist you in quickly identifying recent price wave ranges and patterns (like Elliot, butterfly, Gartley etc)
See the green and red dots indicate major price pivots. Dots with a black center have been superceded by better pivots.
The cyan lines represent the major price waves - as a base for fibonacci retracement calculations

Order the Advanced ZigZag Line Indicator here

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Pivot Pattern Recognition Engine

This advanced tool allows you  to detect sophisticated price/pivot patterns, like Gartley, Butterfly etc.
You define the details in a small concise configuration file - and the "Pivot Pattern Recognition Engine" will show you
were the condition(s) you specify are fulfilled - which can then be directly applied within a trading strategy!
Here is a sample:


In the chart above we present the “Pivot Pattern Recognition Engine” .
It shows a 3 wave gartley setup - X/A/B/C/D. When a new pivot is detected the Engine analyzes the new waves.
A minimum of 5 pivots is required (XABCD), which occurs late march - when the PSS_I_PRRes Indicator starts drawing.
When the D pivot is reaching 19.01 - on 3/25/2003 - the gartley conditions are fulfilled - indicated by the jump of the thick white line from 0 to 100 (PRVal01).
You can also see the the three calculated ratios: 131.95=XD/XA, 77.64=BA/XA, 196.84=DC/BC.
Here is the configuration file- which defines each setup details:

Symbols:
XABCD
Calc:
DRatio1=XD/XA
DRatio2=BA/XA
DRatio3=DC/BC
DRatio4=BC/BA
Cond:
C1=DRatio1|60,80|120,140
Result:
AND=C1
Output:
C1
DRatio1
DRatio2
DRatio3
Defines the pivot letters/symbols
used for each pivot
Defines which ratios are calculated Defines condition(s) and the expected
range(s) for a given Ratio
Defines which condition(s) to check
to determine the final Yes/No result
Defines which values to show in the char

To use the PPRE inside a strategy - simply use first element of the output array (arrVal1[0], shown in the chart as "PRVal01")
and check if the new bar has triggered (value jumps from 0 to 100):  
if arrVal1[0] = 100 THEN
    Buy next bar at market;
Click here for the code used in the PPRE indicator (PSS_I_PPRes)

Order the Pivot Pattern Recognition Engine here

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Identify and find the best Strategy/Trading Entry Points/Opportunities (FindTradingGems)

The FindGem set of indicators assist you in developing and optimizing strategies,
by visually identifying the bars with the maximum profits (Trading Gems) in your charts.
This helps you in your research if your indicators correlate with best entry points or not.
In the example below we show the correlation of the CCI indicator.  
FindGem inserts the Pivot points 60 bars backwards (default Scope)
so is not meant to be used for real time trading, but for trading strategy research.
The best Long opportunities are identified with the large green dot in the price chart and also
the yellow bar in the Long excursion indicator in the middle graph (PSS_I_FindGem_L).
The best Short opportunities are identified with the large red dot in the price chart and also
the yellow bar in the Short excursion indicator in the lower graph (PSS_I_FindGem_S).
You can also see easily the progression of the maximum favorable(green line) and
unfavorable(red dotted line). We have included here a CCI sample which correlates
in some cases nicely:

Order the Find Trading Gem Indicator here

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Bar Countdown Utility

All trading strategies execute relevant orders and actions when the current bar closes.
The “Bar Countdown Utility (BarCDown)” utility:

Sample Screen shot of the TradeStation® Bar Countdown Control Window:

In this sample TraderStation displays 4 intraday charts:
2Min - 00:56 seconds left (MOT), two 5 Min - 3:55 left (GLW) and
1 Min ER2Z03 (countdown and sound alert disabled - no Time Left is displayed)
You can even define when the Market starts (HHMM) and
a custom offset (in seconds) for each symbol - click "Edit Configuration File":
[SYS]
MarketStartTime=930
[SYMBOL_OFFSETS]
EURUSD=1800
@ES=0
The BarCDown.ini configuration file is at (C:\Program Files\Trader Add-On Utilities\BARCDown.ini.


The remaining time is updated in real-time in each chart

(In this 10 Minute chart 7 minutes and 38 seconds are left before a current bar closes)::









The time left is also show in each chart in your tradestation workspaces:


Order TradeStation® Bar Countdown Utility here

You can configure the sounds you want to play for each Bar type:
Click on the button:
FileName1Min=BigBen.wav
FileName2Min=DoorSlam.wav
FileName3Min=Harp.wav
FileName4Min=Harp.wav
FileName5Min=Harp.wav
FileName10Min=BigBen.wav

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Strategy/Indicator Speak Extension

This module allows you to generate any spoken text from your strategy or indicators in real-time,
alerting you of any significant events - with one simple command in EasyLanguage® like:

Try it yourself - 15 days trial period for free:

Order EasyLanguage® Speak Extension here
To use the EasyLanguage Speak Extension install:

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Export any Tradestation Data to your Spreadsheet (CSV Format)

This indicator allows you to export any chart data into your spreadsheet program.
You can export daily, intraday or tick data.
The export is using the standard CSV (Comma separated Value) file format.
The exported data is written to a new file for each different Symbol:
C:\Program Files\TradeStation XXX\CSV\Symbol.csv  - Here is a sample:

Here you can see an example of exported data into a CSV Spreadsheet file,
so you can access the TradeStation data from other applications or analyze the data within your custom spreadsheets.

Try it yourself - 15 days trial period for free:

Order the Export Data Indicator here

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© Copyright 1994-2008, Burkhard Eichberger, Professional Software Solutions
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