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Trading strategies, indicators, drawing tools for Tradestation.

Precision Trading Systems has compiled a group of trading systems and indicators compatable with Tradestation

This curated selection of user functions and indicators offers a comprehensive toolkit for traders of all levels of expertise.

Unlike flashy and ineffective "Holy Grail" advertisements, these tools have been thoughtfully chosen for their practicality and proven effectiveness in trading.

The collection includes meticulously coded indicators, both from my own experience and renowned technicians worldwide.

All indicators are written in EasyLanguage code specifically for Tradestation, ensuring seamless integration and optimal performance.

The theme is that these products are all considered good enough for me to use in my own trading.

All the paid and free products below have been extensively tested for trading efficiency and programming correctness


Type:     Tri-Spectral forecast plot drawing tool. New product ready now...read more about Tri-Spectral forecast
Designed to help you with a fresh edge to your existing technical analysis by way of cycle analysis of the past over the same date duration projected into the future.


Very simple idea which adds a new dimension at blinding speed compared to not having it. Highlights the previous three years from todays date going forward and projects these same percentages forward into the future.


The bars future is adjustable and the number of steps used in the trend lines are user adjustable.


SPECIAL OFFER IF YOU PURCHASE THIS PRODUCT


View details for TSF for Tradestation or MultiCharts



Author: Precision Trading Systems
Forecast drawing tool for stocks
Type:  Histogram indicator contra trend for subgraph two: Precision Divergence Sell Finder (Sell signals only)
Designed to find the bearish divergences that occur as a result of prices making new highs and Demand Index NOT making a new high.

I use the world underestimated as it often flags up the precise bottom on major index futures when applied to daily or weekly charts.

Notably generates remarkable signals precisely at market tops.

No repainting either.

This indicator operates selectively and highlights setups that exhibit genuine divergences in the market, rather than being constantly active.

To achieve optimal performance, this indicator relies on real volume and performs best when volume data is used as opposed to tick volume
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Learn more about Precision Divergence Sell Finder here

 


Author: Precision Trading Systems
Precision Divergence Finder
Type:  Histogram indicator contra trend for subgraph two: Precision Divergence Finder (Buy signals only)
Designed to find the bullish divergences that occur as a result of prices making new lows and Demand Index NOT making a new low.

This is the most underestimated of all my products as it not so effective on short term time frames as there is a lot of noise and randomness as opposed to anything "real".

I use the world underestimated as it often flags up the precise bottom on major index futures when applied to daily or weekly charts.

Just recently it detected the exact lowest bar on the SP-500 Futures on a weekly chart.

An advanced code implementation that diligently examines various lookbacks of Demand Index lengths to detect divergences in the market.

Notably generates remarkable signals precisely at market bottoms. No repainting either.

This indicator operates selectively and highlights setups that exhibit genuine divergences in the market, rather than being constantly active.

To achieve optimal performance, this indicator relies on real volume and performs best when volume data is used as opposed to tick volume.

Learn more about Precision Divergence Finder here

AAuthor: Precision Trading Systems
Precision Divergence Finder
Type:  Overbought and Oversold indicator - contra trend for subgraph two: Precision Index Oscillator "Pi-Osc"
Designed to find peaks and troughs with pinpoint precision.

A cutting-edge "consensus" indicator with a multitude of component signals, offering a comprehensive toolkit for technical analysis.

This indicator encompasses divergences, probabilities, and distinctive chart patterns within a single framework.

Optimal outcomes are observed when analyzing range-bound and choppy markets, as opposed to trending markets. Please note that the MetaTrader Version is currently unavailable.

Certain components of this indicator rely on real volume data, ensuring optimal performance when real volume is incorporated.

This product as no user adjustable variables, all the work is done for you.

All you need to do it find its most effective time frame on your chosen market.


Performance on Forex may be less than optimal.

Suitable for beginners and experts and all in between.

Learn more about Pi-Osc here

Author: Precision Trading Systems
Precision Index Oscillator
Type: Trend following strategy + Indicator + Paint bar for subgraph one.  PLA Dynamical Gold



An advanced dynamical moving average designed for intermediate to experienced users seeking sophisticated analysis.


Key features encompass 101 adjustable speeds per length, the option to toggle overshoot functionality, anti-reverse capability to mitigate excessive trading, customizable anti-reverse fractal percentages, a rapid start algorithm, paint bar integration, and a versatile strategy and function that can be invoked within your personalized studies.


Super fast response times in volatile conditions make this the fastest commercially available moving average.


Too many features and complexities to sufficently describe it here as images are needed to make the points clear so read on below


Learn more about PLA Dynamical GOLD here

Author: Precision Trading Systems
Pi-Osc
Type: Trend following (Non fractal) Indicator + Strategy for Subgraph one. Precision Stop Indicator and strategy
An advanced trend-following system and indicator that dynamically adapts its distance based on noise levels and volatility factors, surpassing traditional indicators like Parabolic SAR or ATR.


This versatile indicator can be customized to fit any time frame, from day-trading to long-term trend following, by adjusting the MULTI settings.

It also offers a convenient maximum and minimum percentage distance setting to cater to individual preferences.


By utilizing your own input values, this indicator eliminates the guesswork involved in identifying upward or downward trends, providing you with accurate trend information.


Learn more about Precision Stop GOLD indicator and strategy with video simulation

Author: Precision Trading Systems
Precision Stop Indicator and Strategy
Type: Trend following (Non fractal) Indicator + Strategy for Subgraph one. Percent Asymmetric indicator and strategy
This product is suitable for beginners

With its name reflecting its functionality, this indicator allows for trade triggers at customizable percentages from the highs or lows of a trend reversal.

You can also set long and short trade size to different values ( including zero to go flat )



Inspired by Marty Schwartz's concept of the "4 percent off high and low" model, originally designed for less volatile times, I have enhanced it by incorporating asymmetry and latency protection to further strengthen the strategy.



Mr Schwartz won the New York times twice in a row and both times made more money that all the other opponents added up.



Learn more about Percent Asymmetric Indicator and strategy here

Author: Precision Trading Systems
Percent Asymmetric
Type: Oscillator: Contra trend and TF Indicator + Strategy for Subgraph two. Precision Decision Index
This product enjoys the label of trend following and contra trend indicator

Introducing an exceptional new release that effectively identifies market tops and bottoms, surpassing other indicators.



This user-friendly indicator requires volume for optimal performance.


Included on the main page is a function and sample code, enabling you to create custom indicators and signals tailored to your unique specifications.



Initially conceived many years ago, this groundbreaking development has now reached its full realization in 2023. We apologize for the extended duration of the process.



Learn more about Precision Decision Index here

Author: Precision Trading Systems
Precision Decision Index
Type: Indicator & strategy: Trend following: Unique plot type subgraph one. Mach-Trend Platinum pro
Ultra low frequency trading system locks into a trend and stays longer than most.

Created to minimize whipsaw trades during trending periods and assist users in reducing costly losses.

Of all the product here this one can lead to the ability to lock on and stay with a trend much longer than any other system.

You can see the screenshot on the right how it stayed in the trend despite a large drop from 40 to 30 which then went higher.



Mach-Trend is an user-friendly indicator suitable for traders of all levels.


Powered by advanced mathematical calculations, this indicator effectively mitigates losses and enhances overall performance. With Mach-Trend Platinum Pro, advanced users can fully leverage its parameters for optimal customization and fine-tuning.



Learn more about Mach-Trend platinum pro here

Author: Precision Trading Systems
Mach-Trend Platinum pro
Type: Oscillator. Comes with two different strategies Subgraph two. Precision Probability Index
A very versatile oscillator that precisely calculates the mathematical probability of one moving average surpassing another.



This indicator empowers you to make well-informed decisions by providing the exact odds of your trade's success within your chosen future timeframe.



By adjusting the settings, this indicator can function as a DSP binary trend indicator or replicate the performance of the renowned market tracker indicator by Indexia Research, offering diverse applications for optimal trading outcomes.



Although it is defined as an oscillator the resulting model functions very well as a trend following strategy or a system that can be used for swing trading. Author: Precision Trading Systems


Learn more about Precision Probability Index here

Author: Precision Trading Systems
Precision Probability Index
Type: Oscillator Indicator for subgraph two. Demand Index Indicator ( By James Sibbet )
Brief description: There is not enough space for all the photos here so follow the link below.


Designed by James Sibbet many years ago this indicator is still one of my favourites.


It adds another dimension to technical analysis with its predictive abilities.
You can win this free if you score over 1200 points in the Trading IQ Game or you can purchase it if you are too busy to play.


Learn more about Demand Index here and the additional five rules

Author: James Sibbet
Demand Index length 20
The below indicators are available free to those who earn the pointsScreenshot of Trading IQ Game


Insync Index Indicator 1150 points

Volume Flow Indicator 1125 points

Trade Volume Index Indicator 1100 points

Money Flow Index Indicator 1075 points

Precision Volume Indicator 1025 points


How to win these products is detailed here in the Trading IQ Game FAQ page


You might even enjoy playing, it is free and uses real data.

Play at your own speed.
Trading IQ Game
Type: Custard pie :  Subgraph :  Face In some of the FAQ pages custard pies are awarded for questions that are already explained
You can get a pie if you ask a question that is already written in the pages.





Some are lucky and just receive a warning pie





Questions that may benefit other users may be answered in the Forum


 

 


Pie Custard

The help and advice of customers is valuable to me. Have a suggestion? Send it in!

The contact page here has my email address and you can search the site first just to check if your request is already on the pages:

If you have a funny or educational trading story to share, feel free to send it in, it can be published here.

Again in the below image

Another example of the Precision Index Oscillator which is a complex consensus indicator

Pi-Osc is designed to pick tops and bottoms with pinpoint accuracy and is made of a whole plethora of indicators.

Precision Index Oscillator identifies the peaks and troughs

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The help and advice of customers and readers is valuable to me. Have a suggestion? Send it in!

The contact page here has my email address and you can search the site

 

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About

Precision Trading Systems was founded in 2006 providing high quality indicators and trading systems for a wide range of markets and levels of experience.

Supporting NinjaTrader, Tradestation, MultiCharts, TradingView, MetaTrader 4 and MetaTrader 5

 

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Bio

Admin notes

Page Created June 2nd 2023 to replace old page from 2012 - May 30th-2023 New responsive page GA4 added canonical this. 5/5 html baloon