Overview
The Price Action Pro Package is our complete trading solution for any professional price action / Fibonacci daytrader. It's the exact workspace we trade and use ourselves every day in the market. It comes 10 professional indicators, with chart templates for the daily, 15min/5min, 2000 tick chart, toolbar and for the market internals. All organized in a clear and logical order to get an excellent overview of the markets in different timeframes.
Includes
- 10 indicators designed for professional day traders
-
complete chart templates we use and trade ourselves every day
- extensive video's explaining each indicator
- Daily chart template
- 15m/5m chart template
- 2000 tick chart template
- market internals template with NYSE TICK, Advance-Decline and Breath
- Total value $2076,- But you get it for $1450,-
Included:
PATS Price Action Indicator
The TDU price action indicator shows you 2nd entries, failed 2nd entries, and traps as defined by Mack's PATS strategy from priceactiontradingsystem.com
It comes with many extra's like an I advanced order panel, It can tell you how many contracts to trade with its automatic position sizing,
Use the chart buttons to turn things on/off very quickly or to place a buy or sell order. The trading statistics will show your trading results. No matter if you are a beginning or advanced PATS trader this indicator will make your trading easier. By using the signal plots it allows you to write your own PATS automated strategy
Initial Balance Indicator
The opening range and initial balance are defined as the price range the market creates in the first 30 min and the first hour after the session open. These ranges are very important in the market and are used by traders to spot potential turning points and support and resistance levels. The TDU Initial Balance indicator draws all the important pre-market levels, opening range, and initial balance in realtime. When the market rallies once the initial balance is established any extensions are automatically drawn as these extensions often act as support & resistance levels.
Auto Fibonacci indicator
Most Fibonacci traders are aware of the important 50%, 61.8%, 65%, and -23.6% are very important Fibonacci levels. Traders like Sam from TradeDevils, Tim from eminimind and David Halsey from eminiaddict based their entire trading strategies on those Fibonacci levels. These levels often act as key support/resistance levels used to anticipate potential price movements, market turning points, and points of profit-taking.
The TDU Auto Fib indicator makes Fibonacci trading much simpler by automatically identifying and drawing all the relevant Fibonacci retracements for you. Not only that but tick by tick, the indicator will keep your fibs updated in real-time helping you focus only on the most important levels while you trade.
Market Internals Indicator
The tick is used by many traders for timing their entries. TICK levels above 400 or below -400 are often a very clear indication for a (short term) reversal. Traders looking at placing a long trade will want to open their trade when the TICK is below -400 and traders looking to place a short trade will want to open their trade when the tick is above +400.
Another entry is when the TICK makes a new high or low for the day while simultaneously making a new high price or new low price of the day. This is often an indication that a trend reversal might happen and can be used as an early entry into the new trend.
Volume Profile indicator
Suitable for breakout, reversal, or trend following strategies, many traders are using volume profiles in their trading arsenal to get visibility of the price levels where the most and least volume has traded over a given time. When price returns to an area where previously a large volume has been traded we can naturally expect support/resistance. Likewise, when price returns to a region where previously a very small amount of volume was traded we can expect the price to move through that area with relative ease.
Daily Pivots Indicator
Pivot points are something that has been used by traders since the '80s. Calculated based on the high, low, and closing prices of previous trading sessions, the TDU Pivots indicator tracks and draws key pivot points that can be used to predict key support and resistance levels in the current or upcoming session. Since they are widely known and regularly used, we see the markets respecting these pivots on a daily basis, making them an important consideration for traders determining suitable entry and exit points, stop-loss positioning, and profit-taking zones.
Unfilled Gap Indicator
The Unfilled Gap Indicator shows all unfilled (and optionally filled) gaps. It allows you to never miss a gap that was created days or weeks ago. Unfilled gaps are presented as red lines on your chart from the point they were created to the present time. Filled gaps (if this option is enabled) are presented as brown lines on your chart, from the point they were created to the point they were filled.
Advanced Toolbar
The TDU Toolbar is an advanced toolbar that not only contains all the default drawing tools but also adds some new custom drawing tools every trader needs.
Click here to read more about all the tools and options it offers
VWAP Indicator
The volume-weighted average price (VWAP) is one of the most famous indicators used by day traders. TDU VWAP not only shows you the swap but also allows you to select up to 4 standard deviation bands. The basic VWAP is drawn on the chart with up/down coloring. When VWAP is trending up it is colored green, when VWAP is trending down it Is colored red. And when VWAP is neutral then the color is white. Of course, you can change any of the colors to your liking
Many traders add 1 or more standard deviation bands to the VWAP indicator. When price moves beyond 1-2 standard deviations away from VWAP it is very likely that price will return to the mean (VWAP). This makes these standard deviation bands a good spot to be looking for trades. With TDU VWAP you can add up to 4 different standard deviation bands and customize them as you wish.
News Indicator
Whether you are a fundamental or technical trader news events are always important. During news events, we often see huge volatility in price. With the TDU News Indicator, you won't make the mistake of accidentally opening or being in a trade when an important news event is incoming. All news is shown in a clearly condensed table and also as vertical lines on your chart. You can choose to hide low and/or medium impact news and even filter out news events that are not important to your trading.
