AbleTrend Indicators

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.

AbleTrend is universal. If you remove X- and Y- axis of the charts, you may see that all market charts are the same, and AbleTrend works for any market and any time chart. Market its own moving principles are really behind the calculations.
  • AbleTrend identifies trend direction by color: Blue signals an UP trend, red signals a DOWN trend, and green signals a SIDEWAYS market.
  • STOPS are indicated by red dots and blue dots. Red dots are sell positions stops for down trend. Blue dots are buy position stops for up trend. AbleTrend stops are designed to help you stay in the big move with a minimum risk, yet not get stopped out.
  • AbleTrend uses the state of the art features of AbleSys trading platform to generate bar and dot colors on your choice of 1-minute, 5-minute, tick, daily or weekly bar charts.

Related Topics:

AbleTrend1
AbleTrend2
AbleTrend3
AbleTrendSig
AbleTrendTS

Input Parameters of AbleTrend

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

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.

Main Page