With 2 complete trading strategies, 4 templates, 2 highlight bars and 10 indicators (including 3 oscillators), the Power Plays II library has everything you need to keep your head in the trading game.
Using indicators to help with trading decisions shouldn’t mean searching for and then writing the code needed to create the indicators. The oscillator tools you need for analysis and strategy development are ready to use right out of the box. The Power Plays II trading library insures that you won’t have to spend countless hours researching and coding oscillator indicators, allowing you to focus on finding trading opportunities.
Designed to work on any market, oscillators when combined with bullish or bearish trends can prove to be big trade makers.
LSS Oscillator -was developed by George Angell and is a great short term indicator when used correctly. With the LSS Oscillator you will look to break out above or below the Pivot lines as long as the oscillator confirms the movement. LSS also has a strength Index indicator which gives a rating to show strength of confirmation.
Point of Balance Oscillator -measures the strength of the current trend.
Chande’s Momentum Oscillator -was developed by Tushar Chande to produce overbought and oversold signals like the RSI and Stochastics.