AbleTrend indicators include independently calculated indicators: AbleTrend1, AbleTrend2, AbleTrend3, AbleTrend13, AbleTrendSig and AbleTrendTS. Each indicator has its own default alerts and signals. You may custom setup alerts and trading signals in Event Center by combining the built-in indicators. This feature alone will provide you thousands of trading strategies. Back testing reports also work with each indicator. AbleTrend indicators are proprietary.
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There are four input parameters used by AbleTrend indicators, which are TSPC, MONYRISK, OFFSET and ASCMODE. See table below for the summary.
TSPC |
MONYRISK |
OFFSET |
ASCMODE |
|
---|---|---|---|---|
AbleTrend1 |
Yes |
No |
No |
Yes |
AbleTrend2 |
Yes |
Yes |
No |
No |
AbleTrend3 |
Yes |
Yes |
No |
Yes |
AbleTrendSig |
Yes |
Yes |
Yes |
Yes |
RISK - Trade Signal Performance Control, smaller number, lower risk
Yes - the parameter is used by the indicator.
No - the parameter is not used by the indicator.
Default setting of AbleTrend indicators:
Indicator |
TSPC |
MONYRISK |
OFFSET |
ASCMODE |
---|---|---|---|---|
AbleTrend1 |
3 |
- |
- |
2 |
AbleTrend2 |
3 |
2.0 |
- |
- |
AbleTrend3 |
3 |
1.5 |
- |
1 |
AbleTrendSig |
3 |
1.5 |
1 |
1 |
AlertOnce is an unique feature of AT 8.0. It is specially designed for intra-day trading. With the regular Sound Alert, if you choose to use "update every tick" function, the sound alert will triggered by every new tick till the bar closes. If you use a 15-min chart, normally there is an average of 100 to 3,000 ticks in a bar. For some markets, the new ticks are coming so fast that you hardly can turn off the alerts. As a result of too many alerts, users are forced to avoid "update every tick" option. This may cause significantly delay. With the current technical breakthrough, AbleSys’ AlertOnce makes it possible to use update every tick option and send out the alert only once for the bar if the buy or sell condition is met. This feature allows you to get the alerts you want and not the irrelevant signals as generated by regular Sound Alert.