Name That Indicator, Please Help!

horserider

Well-known member
VIP
I have noticed a lot of people want to use only arrows as signals to trade. Some fancy dan arrow studies have shown up. So can anyone identify this "super duper complicated" arrow indicator.
DtyppZF.png

There is a hint in the text above.
 

Attachments

  • DtyppZF.png
    DtyppZF.png
    94.8 KB · Views: 259

Join useThinkScript to post your question to a community of 21,000+ developers and traders.

Hello! ^^

I saw someone was using this indicator which I have been looking for. Anyone knows? It shows candle price action wedge with LH, LL......

KzRVVZ9.png
 
Last edited:
Hello Traders,

I came across this interview on youtube. He is a 36 year veteran Trader Stephen Kalayjian. He claims he makes north of 100k per day based on a signal he gets from his indicators. What type of indicator gives that return? is this moving average, oscillators. Any guesses?
 
I've watched the video before and he has a team of traders that make the actual trades as he monitors the charts and barks out orders or symbols to watch for entry... Not my style of trading... My head would spin all night and I get little enough sleep as it is... I know his trading system is proprietary and most likely custom coded...
 
Indeed
I've watched the video before and he has a team of traders that make the actual trades as he monitors the charts and barks out orders or symbols to watch for entry... Not my style of trading... My head would spin all night and I get little enough sleep as it is... I know his trading system is proprietary and most likely custom coded...
Indeed. I’m interested to know what type of proprietary indicator he uses. Looks profitable
 
I did watch part of this (it almost became unbearable to watch) and I have several observations

1) It was basically a solicitation for his services
2) Appealing to get rich quick new traders
3) Many claims of profits in the public domain are false or misleading
4) Any claims of performance without certified public verification should not be believed
5) $100K profits, $99K losses each day ??
6) He uses forty? monitors, hard to believe that one guy can watch those all day IMHO
7) I hope he is a talented trader, because his presentation skills are lacking
8) Although I don't know what indicators he uses exactly, they do look like any other oscillator (stochs, RSI, MACD) and are very probably nothing new as a trading strategy

I and many traders here will always support knowledge, skill and experience over trying to get a "simple" way to make a fortune. I am all for a mentor / student relationship, but buyer beware when teaching is the cover for getting paying followers. These indicators are probably interesting but are very likely nothing new. There are more creative indicator, systems, developers and traders here on this board.
 
I was watching a recent webinar from TopTradeTools on their stoplight strategy and I need help trying to identify one of the indicators they use. They call it TOP Peaks and Troughs indicator, but all they usually do is rename an off the shelf indicator with their own name so I assume this is a generic indicator or at least pretty similar to something off the shelf. It appears to be the relationship between opens, closes, prior up or down close, etc. Any help is appreciated. Here's a couple screenshots from the webby.

Go-To-Webinar-017.png

Go-To-Webinar-012.png
 
Thanks @MerryDay for your input. Those don't seem to be trying to accomplish what they are doing on the webinar. The indicator I am looking for appears to be sort of a trigger to be the entry if the other conditions are met. I think this indicator is measuring opens, closes, and their relationship with the prior bar such as prior bar closes down and in the bottom 25% of the bar and the next bar closes up and in the upper 25% or something along those lines, not a variation on linear regression like the Leavitt studies. I do appreciate your help and input however.
 

Similar threads

Not the exact question you're looking for?

Start a new thread and receive assistance from our community.

87k+ Posts
396 Online
Create Post

Similar threads

Similar threads

The Market Trading Game Changer

Join 2,500+ subscribers inside the useThinkScript VIP Membership Club
  • Exclusive indicators
  • Proven strategies & setups
  • Private Discord community
  • ‘Buy The Dip’ signal alerts
  • Exclusive members-only content
  • Add-ons and resources
  • 1 full year of unlimited support

Frequently Asked Questions

What is useThinkScript?

useThinkScript is the #1 community of stock market investors using indicators and other tools to power their trading strategies. Traders of all skill levels use our forums to learn about scripting and indicators, help each other, and discover new ways to gain an edge in the markets.

How do I get started?

We get it. Our forum can be intimidating, if not overwhelming. With thousands of topics, tens of thousands of posts, our community has created an incredibly deep knowledge base for stock traders. No one can ever exhaust every resource provided on our site.

If you are new, or just looking for guidance, here are some helpful links to get you started.

What are the benefits of VIP Membership?
VIP members get exclusive access to these proven and tested premium indicators: Buy the Dip, Advanced Market Moves 2.0, Take Profit, and Volatility Trading Range. In addition, VIP members get access to over 50 VIP-only custom indicators, add-ons, and strategies, private VIP-only forums, private Discord channel to discuss trades and strategies in real-time, customer support, trade alerts, and much more. Learn all about VIP membership here.
How can I access the premium indicators?
To access the premium indicators, which are plug and play ready, sign up for VIP membership here.
Back
Top