VSTOPS Indicator Package

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Note: The following information has not been updated by the vendor since 07/22/13.

Address:	250 High Valley Road
	Bryson City, NC 28713
Phone # for sales:	828-488-5604
Website:	www.powerzonetrading.com
Click link to request additional product information.
E-mail address:	jean@powerzonetrading.com

CATEGORY: SOFTWARE

General Information TOP

Product name: VSTOPS Indicator Package

Initial Price: $19/month or $199/year

Brief product description:

The VSTOPS Indicator Package is a TradeStation and NinjaTrader Add-on that provides an innovative method of calculating stop levels based on market activity. This package includes both an indicator and a paintbar study that work together to give traders an objective method of determining a trading condition as well as providing definitive stop levels. VSTOPS use an extremely fast filter to determine market volatility and step up stop levels to help traders protect profits.

System Requirements TOP

Operating system(s):

Windows 7
Windows 8

Minimum RAM required: N/A

Minimum hard drive space: N/A

Minimum modem speed: N/A

Mouse required?: Yes

CD-ROM used?: No

CD-ROM required?: No

Demo disk available?: No

Market Information TOP

Markets followed:

Stocks
Futures
Indices

Data TOP

Data type(s) utilized:

Intraday data
End-of-day data
Historical Data

Sources for data:

Provided by an outside data source

Downloader:

Downloader provided

Data manager: N/A

Data Formats TOP

Formats read directly:

TradeStation

Additional formats read directly:

NinjaTrader

Formats read after conversion to program useable data:

TradeStation

Additional formats read via conversion to program useable data:

N/A

Charts TOP

Chart type(s) utilized:

Bar Charts
Candlestick charts
Line charts

Charting features:

Tick volume

Built-in indicators:

Indicator explanations provided

Screening and Alerts TOP

Ranking based on:

Indicator and studies

Screening based on:

Indicator and studies

Alerts based on:

Indicator and studies

Alerts displayed on charts?: No

Alerts displayed in table?: No

Screening by individual system per market?: No

Save tables?: No

Automated printing of tables?: No

Trading Systems TOP

Trading system features: N/A

Options Analysis TOP

Options analysis features: N/A

Support TOP

Support features:

Manual

Manual page length (if applicable): 4

Additional Information TOP

Additional comments (please indicate additional indicators, special features and services here):

VSTOPS displays a dotted line representing the current stop level and is displayed below the current price for long conditions and above the current price for short conditions. As price continues into a trend, the indicator will recalculate these stops, moving them closer to the direction of the current price. The indicator uses a color-coding system to quickly identify the condition of the market and can be customized by the user. By default, green represents long conditions, red represents short conditions and blue represents a transition (between long and short). As price transitions , a blue dot will appear at the point where price penetrated the stop level. In many cases, this represents the end of a price move The -VSTOPS PaintBar Study uses identical logic to the indicator. This study will color code the bars to match the indicator condition but will not display the level of the VSTOP itself. It is important to exactly match the inputs of the indicator and the paintbar study. While the paintbar study can be a useful trading tool, some traders prefer to only the indicator and rely on standard bar or candlestick charts. The user may adjust the setting of this indicator to fit a particular market or chart interval. The two settings that affect the performance of this indicator are the Period and the StandardDV. The Period represents the amount of historic data that will be used in the calculation while the StandardDV will alter the distance of the VSTOPS from the price.