Welcome to one of Walter Bressert most favorite trading indicator called the Red Line - Previously called the B-Line (Bressert Line) that will show you real market momentum. The Red Line math looks back at previous bar's open, high, low ranges and combines them using an amazing math formula to formulate one smooth line known as the Red Line.
When you look at you trading and been wondering about what the trend is, then you will need the indicator called the Red Line because it will show you these directional moves better than most all other indicators out there. It has been time tested for over 25 years.
It generates mechanical buy/sell signals that are approximately 80% accurate in identifying cycle tops and bottoms in all frames. It turns slower than the Bressert Double Stochastic but has higher accuracy in identifying trading cycle tops and bottoms. The Double Stoch Buy/Sell signal averages about 70% across all times frames; the B Line averages about 80% across all time frames.
At times the Alpha Red Line will generate a setup bar/entry signal simultaneously as the Double Stoch, which makes the trade signal even more reliable.
We took it 3 steps further to make the Red Line better than before.
1. We averaged the original result by three and plotted the updated value to smooth the Red Line out.
2. We Added bars to the line to see the height of each new bar to determine the strength and weakness of each new bar.
3. We added cycle counts to each bar up and down.
Don't be left behind and not have one of the longest, most respected indicator on the market.
Past performance is not necessarily indicative of future results.
Cycle Trader Pro is a complete trading software company that has created many custom indicators that show momentum and cycle reversals better than most others. We build custom auto order entry and exit applications, and auto trade system strategies.
The overall purpose of the Cycle Trader has been to continue to create trading indicators to show market momentum & reversals better than most other indicators. To create trading models to help traders understand what pattern the market may be in at the time to help them make the best choice in direction at the time.
We have designed trading apps to help traders save money entering and exiting positions. The goal was to make the trading apps automatically handle orders after entry. This way, you our traders could concentrate more on the direction of the markets than placing orders all the time. Then we added value for each trade from start to finish displaying personal trade data. The trade data with the CycleTraderPro apps is data one would not expect from others apps.
We run all the indicators, charts, Go Fish Pro and the Auto Entry on NinjaTrader
We offer just the indicators on MetaStock, TradeStation, MetaTrader and MultiCharts
Futures, Options on Futures and Forex trading involves a substantial degree of risk of loss and is not suitable for all individuals. An investor could lose the entire investment or, in some cases, more than the initial investment. Past performance is not necessarily indicative of future results.