Advantage Trading Blog

Interesting and Profitable


TradeStation TradingApp Store

Advantage Indicators in TradeStation AppStore
Close

Check our reviews from official TradeStation Trading AppStore and see what we can offer you to help you trade profitably. Try out our most popular indicators and strategies used by traders worldwide. Take advantage of our Free Trial!


 
Close

Follow us on Twitter


Follow Us on Twitter for more examples of our indicators and analysis of current market situation. Check how to use our indicators and strategies to take advantage over other traders and Beat the Market!


 

Complicated answer to a simple question...


I thought it would be short answer to a simple question from one of our customers. But I was wrong… It is obvious to me how to combine all our indicators into a consistent and profitable strategy. But I’ve used most of them for years and just know how to interpret almost all the nuances of their behavior. I know what it means when the Advantage Oscillator makes double top on the chart or long red candlestick appears after the mid-term Dot. I know when to trade and when it’s better to hold back. And now I will try to show you all this. My way of trading.


 

Strategies to start trading right now!


Advantage Package can be used to create various discretionary trading strategies. Use Advantage Lines to recognize and follow the trend, Advantage Colors to find strong signals and Dots or Oscillator for mean reversion signals. All you have to do is combine them into one logical and profitable strategy. Or lots of various strategies…


 

Volatility - The Good, The Bad or The Ugly?


Check how the Coronavirus affected automated trading. Did the high volatility help or harm the performance of trading strategies? Or maybe it had no effect? We checked how the extraordinary volatility of recent weeks has impacted results of our strategies. Both trend following and one mean reversion strategy show that...


 

Time or Range... which is better?


Time Bars or Range Bars? Which type of bars are better for trading? We tested our strategies for 18 months on minute and range bars. The results are clear and we know which bars should be used in automated trading to achieve better results. Higher profits, fewer trades and better risk metrics provide...


 

RSI (finally) demystified


Using TradeStation platform, data and custom indicators we will look very closely at the most popular technical indicator – RSI. We will show what it really is, how to understand what we see on the charts and how to profit from it. Only new and fresh ideas.


 

Simple trend following strategy


Using the Relative Strength Index, we built a trailing stop that is used in a trading strategy. By definition, it works best in trending markets, but using the free optimization spreadsheet you can check it for yourself.


 

Just a better RSI...


One of the most popular technical indicators comes in one setting: 14-period RSI... Ever wondered why? Why haven't I heard of 31-period RSI....? Or 3,47 or 88-period...? Probably because all settings below and above the initial value show confusing signals, that can't be compared against the same reference point: 30/70 zones. Well...not anymore...


 

RSI: Uncommon approach to a common oscillator


RSI is a good technical indicator. When used properly it shows dominant market trend and also shows zones for potential local tops in uptrend (bottoms in downtrend) and zones to look for the ends of corrections.
Books say that when RSI(14) is crossing down 70 points line, trader gets a sell signal and when it is crossing up 30 points line a bottom was just formed. This is NOT how regular RSI should be used. In uptrend it will almost never get close to 30 and will frequently go above 70.


 

All information and findings provided by AdvantageTrading.Net are intended solely for educational purposes related to exchange trading and by no means serve as investment or trading advice. In case there are particular financial instruments, trading strategies, Easylanguage formulas, tradestation indicators, money management and risk management techniques, underlying assets or derivatives mentioned on www. http:// advantagetrading.net /, training courses, educational materials, downloads, presentations, videos, webinars or online courses, it is always and solely for educational purposes. AdvantageTrading.Net and authors of educational materials, Tradestation strategies, indicators, articles, documents and videos, or any lecturers are in no case responsible for particular trading decisions of individual traders, users of our products or services or participants of our training courses, which are presented on this website. The systems and the analysis techniques contained objective rules and values to enter and exit the market. No customized or other trading advice or recommendations are made by these products and values.
Commodity Futures Trading Commission Futures and Options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed in this report, or on our web site. The past performance of any trading system or methodology is not necessarily indicative of future results.
HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM.
ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS.
Neither TradeStation Technologies nor any of its affiliates has reviewed, certified, endorsed, approved, disapproved or recommended, and neither does or will review, certify, endorse, approve, disapprove or recommend, any trading software tool that is designed to be compatible with the TradeStation Open Platform.
REFUND/EXCHANGE POLICY: You understand that you are purchasing downloadable software that is impossible to return. We do not offer refunds for that reason however, if you are dissatisfied we will offer an exchange of equal amount of your choice from our website (depending on Availability). All sales, any fees are non-refundable regardless of performance.