Trading strategies, indicators, drawing tools for MultiCharts.
This curated selection of
MultiCharts trading systems, 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 MultiCharts, 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.
Precision Trading Systems is partnered with
MultiCharts you can
find
PTS on the MultiCharts partners page here
Precision Trading Systems has compiled a group of trading systems and indicators compatable with MultiCharts
All the paid and free products below have been extensively tested for trading efficiency and programming correctness
MultiChartsis a complete trading software platform for professionals. It offers considerable benefits to traders, and provides significant advantages over competing platforms.
It comes with high-definition charting, dynamic portfolio-level backtesting, EasyLanguage support, genetic optimization, and 300+ strategies and indicators.
Take action, get a free 30 day trial now!
Type: Future 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
This product is now available for
MultiCharts -
Tradestation (soon)
and NinjaTrader
Author: Precision Trading Systems
Type: Histogram indicator contra trend for subgraph two:
Precision Divergence Finder (Buy signals)
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
Author: Precision Trading Systems
Type: Histogram indicator contra trend for subgraph two:
Precision Divergence Sell Finder (Sell signals)
Designed to find the bearish divergences that occur as a result of
prices making new highs and Demand Index NOT making a new high.
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 top on major index futures when applied to
daily or weekly charts. Works in real time intra day charts too.
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 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.
Learn more about Precision Divergence Finder here
Author: Precision Trading Systems
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
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
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
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
AAuthor: Precision Trading Systems
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.br>
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
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
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
Type: Oscillator Indicator for subgraph two.
DDemand 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
The below indicators are available free to those who earn the points Screenshot 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.
PPlay at your own speed.
Type: Custard pie : Subgraph : Face
In some of the FAQ pages custard pies are awarded for silly 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
Questions that may benefit other users may be answered
in the Forum
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
Pi-Osc is designed to
pick tops and bottoms with pinpoint accuracy and is made of a whole
plethora of indicators.
If you
like what you see, feel free to
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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, TradingView, MetaTrader 4 and
5 and MultiCharts.
Page Created June 2nd 2023 to
replace old page from 2010 -
New responsive page GA4 added canonical this. 5/5 html baloon
Another example of the Precision Index Oscillator which is a complex consensus indicator
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