Have you ever wonder what it meant to be above of below the previous bar's opens? Or, how to trade against these opens?
Ops = Open Pivot
Ops is a term we created to put meaning to a momentum type pattern on the charts.
Ops Up = Market is trading above the previous bar's open. Bullish.
Ops Down = Market is trading below the previous bar's open. Bearish.
Warning = How many points above / below the previous bar's open. If you have it set to 1 and it is .50 above, the display would have a yellow background.
We have a chart type included with the Smooth Charts called Ops Charts. The Ops Chart will show you clearing if you are above or below the previous bar's open. The open of the Ops Charts is the previous bar's open.
We say it is Ops up until its Ops Down. When you can see all this data for all the time frames, you can start to see or get a feel for momentum in the markets.
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.