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V.15:14 (582-583): Quick Scans: ASCTrend 1.05 by John Sweeney
V.15:14 (582-583): Quick Scans: ASCTrend 1.05 by John Sweeney
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$2.95 USD
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ASCTrend 1.05 by John Sweeney
AbleSyss ASCTrend gets very good press from its users, but its a tough product to evaluate. ASCTrend is a package of two trend indicators and two trend-stop indicators all of which are completely undisclosed.
The indicators are designed to run with Omega Researchs TradeStation or SuperCharts platforms, and you load them into your indicator library via the usual procedures (you dont load them as Omega systems). Once theyre invoked, you get something similar to Figure 1. Looking at this figure, youll notice that a lot of the information is in the colored bars, which are called Paintbars, and the dots, which are called Trend-Stops. Blue bars indicate a rising trend and red bars a declining trend. The bars display the ASCTrendUP and ASCTrendDN indicators. Above or below the bars, you can see the estimated stop points, here loaded as two more indicators. The sensitivity of the indicators can be adjusted by the user.
AbleSyss ASCTrend gets very good press from its users, but its a tough product to evaluate. ASCTrend is a package of two trend indicators and two trend-stop indicators all of which are completely undisclosed.
The indicators are designed to run with Omega Researchs TradeStation or SuperCharts platforms, and you load them into your indicator library via the usual procedures (you dont load them as Omega systems). Once theyre invoked, you get something similar to Figure 1. Looking at this figure, youll notice that a lot of the information is in the colored bars, which are called Paintbars, and the dots, which are called Trend-Stops. Blue bars indicate a rising trend and red bars a declining trend. The bars display the ASCTrendUP and ASCTrendDN indicators. Above or below the bars, you can see the estimated stop points, here loaded as two more indicators. The sensitivity of the indicators can be adjusted by the user.
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