Tag Archives: Using

Price Action And Understanding Multiple Market Modes Using Trade Station Indicators

Advanced TradeStation indicators can provide multiple time frame (MTF) price action.  Price action is undisputedly the most important fact in trading.  If you use multiple time frames to track price action you will increase the effectiveness of your trading edge many fold.  The interaction of the different time frames provides great information regarding which market mode you are trading.  This article will explain how MTF price indicator will tell you what market mode you are in.   Knowing this will assist you to greatly improve your trade management.

The 3 major market modes are consolidation, trend (up-trend or down-trend), and choppy (a trading range).  Every financial instrument goes through these three market modes on any chart.  The interplay of a multiple time frame price indicator shows at a glance when you are in an up-trend, a down-trend, when you have a MTF consolidation, and/or when you are trading a choppy market.

First, let’s focus on consolidation.  A consolidation can be any of the following types; price, volume, volatility, or oscillating inside a trading range.  Price consolidation across multiple time frames gives the most powerful consolidation breakout trades.  With a MTF consolidation, TradeStation traders can typically get breakouts that will sometimes go on for several days. 
This is a very powerful method of trading.  The MTF Price Action Consolidation trade set-up is present when all the price trend lines are collapsed into a tight range.

The second major market mode is trend.  A MTF up-trend is shown by the expansion of the interaction of the different MTF trend lines.  You’ll see this where the shortest trend line is breaking out to the upside and the MTF lines are fanning out into a ribbon.  But don’t be mistaken; simple moving average ribbons are nothing more than a single time frame indicator using multiple different lagging lines.  Unlike the simple moving average ribbon, a MTF price indicator has nothing to do with lagging lines.  In fact, the MTF trend line lags no more than one and a half bars, and yet it shows a smooth price line.  The interaction between the MTF lines is very useful.

You can also see a MTF trading range.  When you go into a choppy market or a trading range, the interaction of the MTF trend lines will show a trading range inside several higher time frame lines and the shortest line will be oscillating between the longer time lines.

You have a big advantage when you know what market mode you are trading in and know how to appropriately trade that market mode.  With a quick glance at a multiple time frame price action TradeStation indicator, this information will be at your fingertips to advance your trading success.

Marketing For Restaurants How to Market a Restaurant Using Restaurant Promotions

Today marketing for restaurants can be difficult. More people are staying home for dinner as the economic conditions continue to present problems financially. There are methods using restaurant promotions that have been helpful in learning how to market a restaurant effectively today.

Running special sales has been a proven method of marketing for restaurants. People still enjoy the food prepared in a restaurant but are finding it more difficult to afford going out. Using restaurant promotions can help you when you are learning how to market a restaurant in today’s tough economic times.

Marketing for restaurants relies heavily on the food that is served there. In addition, when you offer special restaurant promotions, more people will decide to eat out as you will be providing them a service they want a price that is more affordable. Marketing for restaurants today involves helping consumers to save money instead of spending it.

Learning how to market restaurants in today’s financial times will offer a variety of choices. However, it is important to bear in mind that the marketing for restaurants also is taking a different path today. Because more people are using social media to communicate, learn about events and so on, it only stands to reason that a business should learn how to market a restaurant using restaurant promotions on social media sites.

Marketing for restaurants today is very important. Restaurant promotions help to draw in more business, but there are a variety of other options as well. When learning how to market a restaurant using restaurant promotions, you will find that it is important to get on the social media sites. Create a page for your restaurant and use it for restaurant promotions.

Learning how to market a restaurant can be a time consuming task. However, once you have learned about marketing for restaurants, you will know how to market a restaurant on social media sites, news print, articles and many other available choices. Today it is very important to be advertising where the people are spending their time. In today’s technologically advanced world, that means Facebook, Twitter and a variety of other social networking sites online today.

As you learn more about the industry, you will find that many different types of business are turning to the social networking sites for advertising purposes. Special events, promotions, coupons and free samples all are given away daily just for the visitor checking the “like” button. These are very effective tools for marketing and advertising your business today.

Price Action Trading Using The Atlas Line

The answer has been staring you in the face but you’ve been so overwhelmed with the indicators around it that you’ve haven’t taken the effort to understand the heart of the matter. Traders have made their trading strategy so over-complex that they have lost sight of the simple core aspect for trading, that is the market price and its behavior. Price Action trading lies in the simplistic and clear understand of the market analysis.

DayTradeToWin has been a forefront for educating traders, specifically on how to improve your results by using price action trading. Price action trading has been the primary catalyst for successful traders using John Paul’s trading methods. With the popular At the Open course and Price Action Scalping course, it’s no wonder the Atlas Lineâ„¢ indicator has outperformed traditional indicators that simply lag behind.

The Atlas Lineâ„¢ method provides multiple automated signals that serve day traders as a consistent tool for precise market direction. Unlike other price action trading methods, the Atlas Lineâ„¢ was created for institutional traders. A unique and significant quality of the Atlas Lineâ„¢ is that it can be applied to all markets, including: the E-Mini S&P, Euro Currencies, British Pound, Canadian Dollar, Australian Dollar, Dow Jones, Russell, T-Notes, T-Bonds, Forex and much more. This robust filtering method can be used as standalone or used in conjunction with other trading methods for entry confirmation.

Essentially, the Atlas Line plots an angled line across your trading chart, and provides trading consistency in its use. Scalpers especially love this tool. Very few software-based trading methods have stood the test of time with the results to prove it.

The proprietary Atlas Lineâ„¢ method is available for NinjaTrader versions 6.5 and 7, Tradestation and eSignal.

All purchases include an educational private webinar with John Paul for guidance on configuration and implementation of the Atlas Lineâ„¢. This training is a benefit to all purchasers of the Atlas Lineâ„¢ because traders learn, understand, and interact with the software’s creator, John Paul.

Traders get an edge with the Atlas Lineâ„¢ by indicating a market’s trend early in the morning and making profitable trades based on this information.

For more information, contact DayTradeToWin by email atsupport@daytradetowin.com or by phone at 888-607-0008.

How to Win Forex Trading Using Zulutrade

ZuluTrade is a free automated forex trading service that allows you to trade the signals of thousands of different signal providers. Once you’ve chosen your providers, the signals are then executed automatically in your forex broker’s account. Free demo accounts of ZuluTrade are available for testing purposes.
In this article, one of the winning forex strategies using ZuluTrade will be explained step by step. This method is not for instant big income but for long-term success by risk management.

Step 1. How to search good signal providers

In the website of ZuluTrade, there is “PERFORMANCE” section that shows list of signal providers. On top right of the page, it shows “Show advanced search”. Just click it. Then, Advanced search screen appears.

Following is the detailed setting for the advanced search to find good signals.

have live traders subscribed – “Check”
Running weeks – Input “12 – 300”
Max DD % – Input “0% – 30%”
Win % – Input “75% – 99%”
Profitable Account – “Select”
Worst Trade – Input “To 300”
Followers – Input “From 100”
for a period of (months) – “12m”

For other factors, leave them as default.

With the above setting, click “Search”. Then, the providers list will be renewed with signals that match with above advanced search conditions.

Step 2. Selection of signal providers

In the advanced search result, click name of signals to show the detailed performance data. There are some check points as follows.

2-1. Profit graph
If Profit graph on the right does not show constant growth, do not select the provider.

2-2. “This signal provider is also known as” section
Below the Statistics, it shows “This signal provider is also known as : ” if the provider has different signals. If there is “Bomb” mark on other signals, do not select this signal provider because there is a high risk of blown up. In case a signal you already selected is listed here, you should not select both at the same time because the same trader tends to trade in a similar way. If one signal goes wrong, others may also go wrong. So, select just one of them for diversification purpose.

2-3. Other live users’ rating
Read other live users’ rating before selecting the signal. If the rating percentage is too low like below 50%, do not select.

2-4. Live Followers result
At the bottom of the page, there is Trading History section. Click “Live Followers” tab to see result of other people with this provider. If it is not profitable, do not select.

2-5. Add signal providers that match above check points in the advanced search result to your portfolio.

Step 3. Setting of signal providers in your portfolio

Even if good signals are selected, risk management is the key to success in forex trading. You cannot rely 100% on someone else.

In “SETTING” section, you can set for signal providers you added to your portfolio.

Set as follows for each signal provider.
Lots Multiplier – 1
Max Open Trades – 1

With this setting, risk of each signal is minimized.

Please remember that “Margin Call-o-meter” of your account must be always within 100%. If it exceeds 100%, disable one or more signals until the meter becomes less than 100%.

When you add a signal provider, do not add it to your live account without testing. Always test in your demo account for at least 1 month until you have confidence in it.

Step 4. Maintenance of your portfolio

Since ZuluTrade is a kind of managed account, once signals in your portfolio is activated, you don’t even need your PC. However, I recommend to check your daily result by E-mail or the website of ZuluTrade.

Do some research of Step 1 to 3 regularly and if you find a good provider, just add it to your demo account. If you are satisfied with the demo trading result, you can add it to your live account.

Diversification means reducing risk by investing in a variety of assets. Investing using different signal providers with lot management reduce risk and constant growth of your account can be expected.

The Benefits of Using a Good Forex Trading Software

Whether you are a veteran trader or a beginner just starting in the forex market you can benefit from using great Forex trading software.A good forex trading software will shorten that awful long learning curve and in time you will be able to take your own decisions in your trading ,providing you with the benefits of maximizing the profits without worrying to lose your account.

Read on to see some of the benefits available when you find the right Forex Trading Software :

– Ease of Use : A good trading software will make you trade the Forex market in an easy manner.The software will make sure these tools fit into the busiest of lifestyles.You should be receiving the signals direct to your desktop in a matter of seconds from the input ,no matter where you live.

– Coaching : For the new traders specially , the software should be coming with tutorials, with weekly webinars on how to be trading profitable the markets making sure you are almost always on the right side of the market , and you have the right mental approach to trading. – Money management : Using stop losses should be imperative , the software should be giving you the exact levels or sizes of the stop losses so you won’t take any huge risks that could damage your account permanently.

– Support : Besides the webinars , the software should be having a chat room where traders can meet and discuss ,where they can share new insights about the markets and where they can support each other , trading by yourself is very lonely , so a chat room could be a huge benefit.

– If you are thinking about getting started in day trading and your trading needs help , you should consider investing in a good Forex software program ,this could be an easy way to reduce the risk of wiping off your account but in the same time getting signals over and over again you will be developing the ability to pick your signals by yourself and that’s when you start improving your trading .

You will find that investing in a great forex trading software program was the best decision you ever made.One of the best Forex Trading Software out there is Forex Ultimate System created by Bob Iaccino , a veteran trader featured on CNBC ,FOX , he has over 500 media appearances .