the ‘better’ trading Indicators Features, Pricing & FAQs Get X-Ray Vision Into Market Turns The ‘Better’ trading indicators will transform how you read the market. They streamline chart setups, enhance decision-making, and help you trade smarter for consistent profits. Three Non-Correlated Indicators Gain deeper market insights using Better Pro Am, Better Momentum, and Better Sine … Read more
Barry Taylor
Quick Answer Claude Cowork is a desktop app from Anthropic (also known as the Claude desktop app) that operates within a local folder on your computer. To use it for TradeStation EasyLanguage coding: The result: clean, verified EasyLanguage code on the first attempt – no hybrid Python syntax, no debugging loop. I built three indicators … Read more
The ‘Better’ Indicators are now on TradingView. If you’ve been waiting for this, good – but don’t skip this article. TradingView compresses tick data by roughly 2x compared to TradeStation, doesn’t provide true uptick/downtick volume, and limits you to four tick chart settings. That doesn’t mean the indicators don’t work. It means you need to … Read more
Last week, I paid $0 for macro analysis that hedge funds charge $250,000 a year to access. How? I asked ChatGPT to design a portfolio for the next 40 years. What came back was brutal, somewhat brilliant, and more concise than any fund manager report I’ve seen. We covered (almost) everything: why rates can’t normalize, … Read more
TradeStation’s EasyLanguage is the most powerful indicator language available to retail traders – but for most people, the coding wall stops them cold. After testing five AI models head-to-head, I found one that completely changes the equation. Use the links above to jump to the topic that interests you. What Is TradeStation EasyLanguage? TradeStation EasyLanguage … Read more
As traders, watching charts day in and day out, we see the same chart patterns repeating, again and again. I like naming my patterns – silly names, like the RAMBO pattern and ‘The Gathering’ pattern. This article explains the ‘Killing Fields’ pattern, a setup designed to mislead traders. Use the links above to jump to … Read more
The ‘Better’ indicators aren’t optimised, so use them on any market or timeframe. Crude Oil has become a great day trading vehicle over the last few years. There is plenty of volume (liquidity), volatility (intra-day range) and “mini” contracts available (symbol QM) – which are essential for a good day trading market. The video above … Read more
If you’re in a non-US time zone, Forex could be the market for you. Here’s a great email from a Forex trader, Petr S., on how he uses the ‘Better’ indicators to trade Forex and the improvement in his results: Barry, I want to express my most sincere thanks for your truly outstanding work and … Read more
I’m surprised I haven’t looked at this relationship before – the relationship between Equities and the Japanese Yen. This is the classic “Carry Trade”. Borrow in a low interest rate country and invest the money in higher yielding assets abroad. Traditionally Japan has been the place to borrow because of it’s near zero interest rates. … Read more
If you’re looking to run TradeStation on a Mac, you’ve come to the right place. I’ve been using TradeStation on a Mac since 2010 – the best tech decision I ever made! But it hasn’t all been plain sailing – Apple hardware isn’t perfect, their ‘Retina’ displays require special settings, and running TradeStation on a … Read more
Emini futures (or ES futures) are probably the most important trading vehicle in the world. This article aims to be the ultimate introductory guide to Emini futures (and it has been updated for 2026). It includes answers to the most frequently asked questions, charts and data showing the importance of Emini futures and downloadable resources … Read more
I’ve been meaning to record this video on Larry Williams’ trading strategy for a very long time. An email from TK earlier this week prompted me to finally get it done. It seems you have a special place in your heart for Larry Williams. I wonder if you might consider a video about Larry and … Read more
Most traders ignore volume. Big mistake! Big! Huge! Volume has to be the most underrated market variable used in technical analysis. But if you know how to analyze and interpret it, you’ll be able to see market turning points develop and anticipate pullbacks and trend changes. You can figure out whether the Professionals are buying … Read more
Gold and Silver made huge down moves this last month. Why should you care? After all, you’re an Emini day trader. Well hopefully this video sheds some light on the gold and silver markets and why I watch them. “When gold is a free market, not under a gold standard, it rises with inflation and … Read more
Using Average Trade Size to identify Professional and Amateur activity is totally new – and I’ve never seen it mentioned anywhere before the introduction of Better Pro Am and it’s use on Emini-Watch. So if you want to get an edge in your trading, read on. Knowing what the Pro’s are doing makes all the … Read more
Mrs Emini-Watch and I have been traveling around the world for the last 15 years. We’ve spent time in Australia, France, Hawaii, New Zealand, Canada, Japan, Spain, Mallorca, Italy, Sicily, Bali and the UK. Here’s what I’ve learned about trading and traveling. Use the links above to jump to the Trading and Traveling topics that … Read more
You need a trading backup plan because your hardware is going to fail, period. I’ve been emphasizing this for years, ever since the original version of this article appeared in 2010. Yet, after my own series of catastrophic failures in 2018, I realized I needed to update my approach. In this article, I’ll share my … Read more
I get this question a lot: “I can’t trade the Emini because I’m not in the US time zone. What are the best markets to trade?” This question is actually a lot harder to answer than you’d think. What you trade and why is a very personal decision. Each market – crude oil, cable, the … Read more
This video was sparked by a great question from Lloyd about Wednesday’s “Last Roll of the Dice” Short signal: Hello Barry, How do we know whether the Pro bars at highs are initiating shorts or closing longs? One is bearish and the other is neutral until they re-enter the market. Does the indicator have the … Read more
This (long) article describes, in detail, how I day trade Emini futures and what works for me. It’s divided into more than two dozen question and answer sections, so use the links below to jump to the Emini trading topics that interest you: Use the links above to jump to the Emini Trading topics that … Read more
The Better Rotation Indicator uses 8 major ETFs to track Global Macro trends. This indicator helps visualize the rotations from one Global Macro asset class to another – from unloved and over-sold to hot and being chased by the herd. Right now (4Q 2016) we’ve got a rotation taking place as Government Bonds get overtaken … Read more
Use the RAMBO (potential ‘Reversal of AMateur Break Out’) pattern to fade Amateur activity at market extremes: The RAMBO indicator with volume exhaustion and divergence is like printing money!!! Good work sir!! jason t. Got a great question from Mike M. on Friday about RAMBO patterns: Hi Barry, Is the R associated with a RAMBO … Read more
This is how I use the ‘Better’ indicators to day trade Emini futures for a living. In this video and article I summarize what I’ve learned and what works for me. You need to become your own trader No two traders are alike. No two traders have the same psychology, risk tolerance, trading capital, aptitude, … Read more
Mrs. Emini-Watch can’t believe I like the movie Highlander. What can I say, I’m a sucker for mid-80s films. I’ll admit the choice of Christopher Lambert, a French actor, to play a Scottish medieval lord was odd. But back then he was hot property, having just done Greystoke and Subway. Anyway, in Highlander Lambert plays … Read more
There was a time when I was addicted to trading books – I must have read over 100! I read them constantly. Coding the good ideas I found and testing the setups they suggested. Moving from one to the next, searching for – well, the Holy Grail. I’m not sure I found it – at … Read more
The Better Sine Wave indicator is my adaptation of John Ehlers’ Hilbert Sine Wave – a cycle-based oscillator that uses digital signal processing to measure cyclical energy in market prices. Ehlers’ original version, published in Rocket Science for Traders, does something most indicators can’t: it distinguishes between cyclical and trending price activity. When the market … Read more
Conventional wisdom sucks! Or why I don’t use tight, trailing or breakeven stops. Exiting trades and the use of profit targets and stop losses is very controversial. I often get questions about why my stops are so wide and my profit targets so small. This email from Ron states the issue brilliantly: Hi Barry, Do … Read more
Plot vertical lines at the key times that matter: market open, close, 11 am reversal window, and end of week. This free TradeStation indicator uses the new EasyLanguage drawing object classes, so lines extend from the top of your price panel through any indicator panels below. What You Get Four customizable vertical lines, each with: … Read more
Quick video today about Running Stops and the magic 2 point zone. Use this knowledge to place your profit targets and get out on some exhaustion activity. In the Emini market you will always find a cluster of Stops sitting 2 points above a previous pivot high and 2 points below a previous pivot low. … Read more
Do the ‘Better’ indicators work on Bitcoin? Well, yes and no. And that’s the problem. Bitcoin data is all over the place and there is no single unified data feed. As of November 2020, there are (at least) 28 exchanges where Bitcoin trades. On the plus side, the activity is becoming more concentrated in fewer … Read more
Over the years, I’ve catalogued 7 (so far) Emini day trading rules that actually work. These “Rules of Thumb” keep me out of trouble and help me improve my Emini day trading results. These Rules of Thumb are nothing mind-blowing – just some useful guidelines that stop me from making stupid mistakes and keep me … Read more
Transcript of the video It is Sunday, 25th of January 2015, and I hope you’re having a great weekend. So, something a little bit different in this weekend’s video. I want to talk about “Day Trading Is Not Like Gambling, Except for This”. And it’s a little bit of a follow-up to a video I … Read more
Best Charting Software: It’s always a compromise Depending on what kind of trader you are, each of these 3 factors will have different significance. For example, if you’re an Elliott Wave follower you should choose the charting software package that gives you all the right Elliott Wave tools. If you’re an automated system trader then … Read more
The 7 Deadly Sins Trading Log is a free download in Excel spreadsheet format. The download link is at the bottom of this page. Identifying, tracking and fixing your most frequently repeated trading mistakes is THE fastest way to get profitable. Period. Thank you! Successful trading has more to do with psychology than methodology and … Read more
Here’s how to use explosion and exhaustion volume to determine the trend. Introducing the Better X Trend Indicator. Trend indicators are the holy grail of the indicator world – everyone thinks “If only I had a better trend indicator then making money in the market would be easy.” But trend is illusive – it’s obvious … Read more
Been mulling over my longer term investment strategy for a while now. Emini day trading, real estate and cash will only get me so far. It’s time to broaden the horizon. And with the S&P 500 at record highs, are there better opportunities around the world? Here’s an ETF Trading Strategy that identifies the most … Read more
I’ve been using TradeStation charts for nearly 20 years, and before that, I used SuperCharts – the predecessor to the TradeStation platform. With over 25 years of TradeStation experience, I’ve compiled my top tips for getting the most out of TradeStation. From backing up your charts and files to optimizing your platform with continuous futures … Read more
Live Data from Interactive Brokers and TradeStation What is the difference between initial margin and maintenance margin in futures trading? Initial margin is the amount a trader must deposit to open a futures position. Maintenance margin is the minimum account equity that must be maintained once the position is open. Both margins serve as a … Read more
Traditional momentum indicators measure price. But price is the result, not the cause. A volume momentum indicator measures buying and selling volume – the actual driving force that moves markets. That’s why I built Better Momentum. Better Momentum is my most valuable trading tool. Jack B. You make volume as visual as price. Ralph R. … Read more
Warning – this video is not for everyone. If you’re feeling fragile or negative, please give it a miss. In a nutshell, what am I saying? And to lighten the mood a little – some typical Australian humour. Losing days or weeks are hard but if you love trading you’ll suck it up.
Quick Answer TradeStation’s desktop platform is effectively free for non-professional futures traders who use a funded futures account rather than lease the software. With a non-professional futures account that meets TradeStation’s activity and commission conditions, all real-time CME Group futures data – CME, CBOT, COMEX, NYMEX – including Level 1 and Level 2 market depth, … Read more
The Emini (ES) is the largest of the “mini” index futures markets – with over 500,000 trades executed every day! But it’s not for everyone. Some traders love the extra volatility of the NASDAQ or the “smoother” trend moves of the Dow. If that’s you and you’d like to use the ‘Better’ indicators, here is … Read more
Tick Charts are one of my “secret weapons”, and this article explains why. Tick Charts are not very well known and can be confusing. From time to time, I get questions about Tick Charts, and yesterday’s email from Ken was typical: I’ve been scouring the Internet for information on tick charts and their ins and … Read more
The ‘Better’ Emini charts look a little different – not your traditional moving averages, Fibonacci retracements, RSI and MACD. The video above runs through how to setup the ‘Better’ indicator charts with the 3 non-correlated indicators (Better Sine Wave, Better Momentum and Better Pro Am). Then the video further down this page goes through how … Read more
Quick video today about trends and cycles using the Better Sine Wave indicator. I go through one of my favorite setups: End of Trend signals in the lower time frame chart synching up with Cyclical signals in the higher time frame chart. Remember: Trends in lower time frames are equivalent to cycles in higher time … Read more
OK, here it is. A little sneak-peak at the multiple timeframe setup. Same principles as always (exhaustion, divergence, price confirmation, Professional activity, etc.) but a more rigorous approach with 5 clear steps to the setup. And here’s an annotated screenshot: For a change in trend from uptrend to downtrend and Short entry, here’s the 5 … Read more
I received a very touching email from a follower, Michael (name changed): First, thank you very much for your website. I lost my whole account trading the Emini. I’m so upset. I don’t know how I should start again. Please, can you help? Rather than send Michael a quick response, I thought I might spend … Read more
Quick Answer: What Is a Stock Market Seasonality Indicator? A stock market seasonality indicator plots recurring annual patterns in price – the times of year when the market has a statistically consistent tendency to rise or fall. This free indicator for TradeStation, NinjaTrader, and MultiCharts identifies five fundamentally-driven seasonal trades: the Santa Claus Rally, Tax … Read more
When will the stock market crash? Everyone would like to know the answer to that question! Large Contract (SP) Data No Longer Available On 30 September 2021 the large S&P500 contract (symbol: SP) ceased trading. The Stock Market Crash Indicator featured in this video and article is based on this contract. As a consequence the … Read more
[Note: This video was originally recorded on 2 September 2013.] Labor Day in the US, so a little time off trading. Hope you’re having fun. I wanted to respond to this question about the significance of the daily, 135 minute and 45 minute charts from Hamid: Hello Barry, I noticed in your last blog video … Read more
