This blog is purely intended to help describe the indicators that are shown on this website.  No investment or trading advice has been given.

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Next Earnings Release Indicator

Posted on December 10, 2014 at 10:05 AM

The new Next Earnings Release indicator is a great way to know when the next earnings report is due to be reported.  The indicator allows you to see the next earnings release date, the time of day the release is scheduled to occur, the EPS estimate, the number of calendar days until the release is scheduled to occur, and the most recent 5 quarter history of earnings beats and misses.  Give it a try and let us know what you think! :)

isOptionable indicator

Posted on June 20, 2014 at 3:00 PM

We have released a new indicator that can help with scans in TradeStation®.  The indicator is called "isOptionable" and it tells you if there are options available on a stock, ETF, index, etc.  We use this indicator as a critieria in our scans with the Scanner since we only want to be notified of equities that have options since most of the time we want to apply option strategies instead of buying a stock or ETF directly.  The indicator also works in RadarScreen® and Chart Analysis, but its main purpose is to help filter out equities that do not have options.  Go ahead and download it and give it a try and see what you think!

Pre Earnings Move indicator

Posted on June 3, 2014 at 9:20 AM

Check out the new Pre Earnings Move indicator.  This indicator works for RadarScreen, Chart Analysis, and the Scanner and lets you see if a stock historically makes a move before its earnings are announced.  This indicator has a free trial period so take a look and let us know what you think about it!! :)

Historical Candlestick Patterns

Posted on April 23, 2014 at 1:35 PM

The Candlestick Pattern indicator has been updated so that you can search for patterns that have occurred on prior bars.  For example, some of the patterns work better when the next day gives a confirmation, like the doji.  If you have a doji at the top of a move and the stochastics are indicating an overbought region then if the day after the doji is a down day you have a higher probability of a down move occurring.  You can use this indicator to find patterns that occurred yesterday, two days ago, 2 weeks ago, etc.  Give it a try and let us know what you think!  :D

Candlestick Patterns found using the Scanner

Posted on March 27, 2014 at 10:15 AM

We have posted a new video on the Candlestick Patterns page that shows how to use the Candlestick Patterns indicator in the TradeStation® Scanner.  You can search for a single candlestick pattern or mutliple candlestick patterns.  We usually setup a scan for all of the bullish patterns and then an additional scan for the bearish patterns.  Take a look at the video and then download the indicator and see if it is helpful! :)

Candlestick Patterns

Posted on March 18, 2014 at 8:35 AM

Have you ever wanted a way to learn about candlestick patterns?  Well, you are in luck!  We have created a new indicator that allows you see several candlestick patterns as they are constructed on your charts.  Our new Candlestick Pattern indicator allows you to look for the following candlestick patterns:doji, bullish engulfing, bearish engulfing, hammer, dark cloud, piercing pattern, morning star, evening star, inverse hammer, bullish harami, bearish harami, bullish kicker, bearish kicker, and the shooting star.  The Candlestick Pattern indicator works for RadarScreen®, Chart Analysis, and the Scanner.  You can turn on or turn off whichever patterns you want to since each are enabled individually.  Go ahead and download the indicator and try it out.  It has a free trial period so take a look and if you have any questions please send us an email on our "Contact Us" page! :)

Upcoming Months

Posted on February 25, 2014 at 10:20 AM

The new Upcoming Months indicator for RadarScreen® allows you to have a quick look at how a stock, ETF, etc. has performed for a portion of or all of the current month and the upcoming month.  For example, say you want to know if a stock has a history of going up in the 1st five trading days of the month, you can use this indicator to find that out and then use this information to help you in your trading and investing.  We use this indicator on our RadarScreen® windows in our workspaces just to have a quick reminder of how stocks and ETFs have peformed historically on a monthly basis.  If the technical indicators signal a potential trade this is another factor that we use to decided if the trade is something we want to do and how much risk to take with the trade.  There is a free trial period so go ahead and download the indicator and see if it is useful for you.  If you have any questions or comments we would very much like to hear from you and you can send us an email on the "Contact Us" page.    Good trading!! :)

Stochastic RSI Indicator

Posted on February 16, 2014 at 8:50 AM

Try out our new Stochastic RSI indicator and see if it is useful for your trading and investing!  Go ahead it is free!

Percent Price Oscillator

Posted on January 14, 2014 at 10:35 AM

Check out the new Percent Price Oscillator in the Free Indicators section.  The Percent Price Oscillator is basically the MACD indicator based on the percentage of the price movement instead of the price movement itself.  This makes it easier to compare different stocks with each other or different time frames for the same stock.  Try it out and let us know what you think.

Historic Performance Indicator with Support for the Scanner

Posted on December 24, 2013 at 8:40 AM

The Historic Performance ShowMe has been updated to provide support for the Scanner as well as RadarScreen® and Chart Analysis so now you have 3 unique ways to research historical moves for stocks and ETFs.  The new support for the Scanner means you can have TradeStation® do all the work for you and find stocks and ETFs that meet your specific search criteria!  Go ahead and give it a try...there is a free 10 day trial period before you have to pay for anything so check it out and let us know if you have any questions or suggestions for additions or improvements.