Free & Recommended Stuff

Here’s a growing list of free code and recommended trading resources …

10 Days to Better Emini Trading

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In this 10-day video series I distill the 10 changes that I made to my trading that helped me become consistently profitable. And you might be surprised by some of the recommendations – real life is very different from what you read in trading books.

More information? Read 10 Days to Better Emini Trading

Better Volume Indicator … My Secret to Analyzing Volume

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This article showcases an improved version of the traditional volume histogram that signals market turning points.

     “… The Better Volume Indicator from Emini-Watch
      is a dream tool – and it’s free!”  Anon. 4Q Survey

More information? Read The Better Volume Indicator

The Better X-Trend Indicator

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Trends start with explosive volume and end with exhaustion volume. The “X” in X-Trend stands for explosive and exhaustion – and the Better X-Trend indicator defines the trend based on these volume patterns. Cutting edge. Code for TradeStation, NinjaTrader and MultiCharts.

More information? Read The Better X-Trend Indicator

Commitment of Traders – How to Follow the Professionals

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If you want to be on top of what the Professionals are doing, you need to follow these weekly data releases. This article explains exactly what the Commitment of Traders weekly report is all about, how to analyze it and identify potential market turning points.

More information? Read Commitment of Traders

Stock Market Crash Indicator

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This simple indicator code uses the weekly Commitment of Traders data to warn of potential stock market crashes. It has correctly signalled 9 of the last 9 market corrections and crashes – with only 3 false signals – since 1990.

More information? Read Stock Market Crash Indicator

The Better TRIN Indicator

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This article first discusses the shortcomings of the traditional TRIN (Trading Index) indicator and then shows how it can be improved. The TRIN indicator is an essential measure of Emini market internals and can be used to identify turning points and confirm market direction.

More information? Read The Better TRIN Indicator

Vertical Line Time Indicator

TradeStation EasyLanguage Vertical Line Code Image

A simple TradeStation indicator that plots a vertical line at any set time. I use it to plot the Emini open at 8:30am Central Time. The indicator is an example of how to plot trend lines in TradeStation. The article includes FREE TradeStation EasyLanguage code.

More information? Read Vertical Line Time Indicator

The “Stopping Volume” Pattern

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This article discusses a very simple price and volume pattern that identifies high probability turning points. The TradeStation EasyLanguage code can be used on any market and any time frame, from 5 minute charts all the way to daily, weekly and monthly charts.

More information? Read The “Stopping Volume” Pattern

The “No Demand” Volume Pattern

No Demand Volume Pattern Image

Another article showing a very handy volume pattern – the No Demand pattern. You often see No Demand at market tops and it’s inverse, No Supply, at market bottoms. Remember, this is a signal of Accumulation/Distribution and not necessarily an entry signal all on it’s own.

More information? Read The “No Demand” Volume Pattern

Bond Market Analysis & Indicators

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They say the “Smart Money” trades the Bond market. Well, I don’t know about that – but the Bond market is very useful in giving clues about longer term market direction and potential turning points. This article shows you how Bond market analysis can be used to help trade the Emini.

More information? Read Bond Market Analysis & Indicators

Top Trading Books – 13 Trading Books You Must Read

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There are definitely too many trading books out there! Most of them just repeat the same old platitudes (“use stops”, “buy pullbacks in a up trend”, etc.) – and are not written by real traders. Well of all the trading books I’ve read, here are my Top 13.

More information? Read 13 Trading Books You Must Read

NinjaTrader, eSignal & MT4 Programming

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If coding is not your thing or you don’t have the time to learn all the tricks of the trade – then find yourself a good programmer. I love coding in TradeStation EasyLanguage but I’ve never had the patience to learn NinjaScript. Want to know who I use to program my NinjaTrader code?

More information? Read NinjaTrader Programming

Learn NinjaTrader NinjaScript

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If you want to learn to code NinjaScript yourself, here’s an excellent eBook by Scott Daggett – “NinjaScript Programmer’s Launch Pad”. At $5.99 it’s an absolute steal and as Scott says: “The Launch Pad can shave days off the learning curve.”

More information? Read Learn NinjaTrader NinjaScript