Quick Start Reference
Quick Start Reference
Quick Start Reference line that changes color relative to the slope of the line.
This reference sheet is a key to the indicator symbols We use this line for minor support and resistance levels.
so that a new user can identify the indicators used in
the trade room. At the end of the document the user
will find links to videos that go over the basic criteria
that we use to qualify our different trade setups. Please
review all of the material in this guide before beginning
a trade room trial so that you can get the most benefit
from your trial.
The Indicators
High/Low of the day: Used for minor support and
resistance levels
IE Indicator: The Intentional Entries indicator will
present a price and an arrow suggesting a good point
for a trade entry if our other trade entry criterion has
been met. Red number and arrow would suggest a
sell. Green number and arrow would suggest a buy.
OBOS: Magenta outline on candlestick indicates PullBack Alert: Indication from VSA (volume spread
an overbought condition using the RSI oscillator. analysis) that a pullback is likely. This indicator is used
Cyan outline indicates an oversold condition. for confluence only. We do not have a trade entry that
is triggered with just a PullBack alert indicator. The
numbers on the dots distinguish the type of price action
happening inside the current bar.
Ricochet: Used for confluence for trade setups. When SpeedTick: A trade entry trigger when other trade
combined with a PullBack Alert, would qualify as a trade criterion has been met. Small white SpeedTick meets
entry trigger if all other trade entry criterion were met. the threshold requirements for HFT pullback trades.
Big Blue and Medium Blue SpeedTicks are a caution for
conservative traders indicating that there may be more
at work than an HFT market manipulation.
Videos: http://www.screencast.com/t/BWMusS8dP
http://www.screencast.com/t/FapzjfWG
http://www.screencast.com/t/WoFF0m
Video: http://www.screencast.com/t/1SQDs1ATQuAB