Trading Software

Trend Exhaustion Tool Kit with Early Warning ...

Jan Arp’s Trader’s Toolbox
Serious tools for serious investors
www.janarps.com

TT6 Trend Exhaustion© Toolkit With Early Warning System

 
As any good technician knows, you have to have a toolbox with quality tools to get the job done right.  As a trader, why would that reality be any different?  Quality trading tools can mean the difference between success or failure, but having quality trading tools can also mean maximizing the “return” on any trade.  Maximizing the return on a trade implies a trader needs to get in and out of trade at the best spots, at the beginning or at the end of the trend.  However, as Jan Arps succinctly states in the documents for his TT6 Trend Exhaustion© Toolkit With Early Warning System, “Getting into and out of a trade is not always easy to accomplish.”  Arps’ toolkit contains the quality tools a technical trader should have to identify the best entry and exit points for any trend.

Overview

Technical trading is complex, so it follows that the tools for technical trading should be up to the task.  The tools in the TT6 Trend Exhaustion toolkit are clearly and uniquely up to the task.  Each is oriented to a specific market characteristic.  The four tools in the toolkit are:

• TE-1 – this tool looks at price acceleration, deceleration, and momentum;
• TE-2 – this tool looks for price patterns, and;
• TE-3 – this tool looks at a combination of factors including fluctuations in volume and thrust.  
• Pullback 23 Indicator – this powerful tool identifies potential pullbacks in any trend.

 All of these singularly or in combination reliably analyze current market conditions for any potential trend change.

 The proprietary “Early Warning System” is an interesting and helpful feature of the tools.  When activated, it will issue a visual and/or audio alert whenever trend change signals are detected.  Keep in mind, the alert points to a trend change, but it also tells you the potential trend change is unconfirmed.  The last part is an important part, and that is where the four tools come into play. 

 Arps has also incorporated scanning versions for identifying signals in large symbol lists using TradeStation’s RadarScreen© and MultiCharts© Scanner, as well as scanning versions of each charting tool that work on the platform of your choice.  No matter which tool you use, though, all work equally well in any time frame (intraday, daily, weekly) or on any chart (tick, volume, or options charts), and for any type of symbol (stocks, futures, forex, and ETFs).  This feature broadens the scope and usefulness of the whole toolkit. 

Additional Features

• The documentation for using the tools is easy to follow, explains the processes thoroughly, and the graphic representations of the signals are clear and precise.

• The tools are designed with simple user input variables in order to be applicable to many different types of markets and time frames.

• You have the ability to apply these tools to any of your charts and explore the input settings to find the combinations that best suit your particular trading style, chart resolution, and type of market.

Conclusion

Arps has spent much of his adult life programming trading software for clients around the world.  What they value is his ability to “convert sophisticated trading concepts into trading solutions.”  He does this well because he learned trading at an early age, literally at his father’s side when charts were on paper and calculations were made with slide rules, and he has been trading ever since.  His qualifications offer as much support for his products as one would need, but over the years, he has earned honors for his work, which speaks to quality and reliability.  Perhaps, though the best way to view what he does and the products he produces is the question asked on his web site. 

 “Who is going to write better software for traders – a lifetime trader who has been programming computers since his first Apple II, or a good programmer who’s never traded anything other than baseball cards?” 

That just about says it all now doesn’t it?