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Markplex Turning Point Finder
Version 1.000
$45
/mo
Description
The Markplex Turning Point Finder is a TradeStation EasyLanguage ShowMe study designed to find turning points in price action on a chart. The program works by searching for four distinct chart conditions based on a proprietary combination of the Commodity Channel Index (CCI), stochastics and price momentum. 'Points' are drawn on the chart at the specific bar where the conditions become true. Should the condition cease to be true during the formation of a bar, then the 'point' is removed. In other words, if the point is still drawn when the bar is completed, then it remains on the chart. The user has the flexibility to change the appearance of the various conditions by using the Style and the Color tabs within the Format ShowMe window. It is possible to change the colors and styles to that each of the above conditions individually. Version 2.0 includes a new input: Alerts. If set to true then an alert occurs each time one of the conditions evaluates to true. The user may control how alerts occur using the format ShowMe study dialog.

More information, including a demonstration video may be found here: http://markplex.com/program21-markplex-turning-point-finder.php

Analysis Techniques
Applications
* Initial Capital and Account Size values are provided by developers as guidelines for their products.
Developer
Details
Symbol
@YM
Asset Type
Future
Methodology
Counter Trend
Style
Intraday
Initial Capital *
n/a
Account Size *
n/a
Requirements
Tradestation 9.0
Update (8809)
Support Documents
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