Free Indicators
10 Free TradeStation Indicators [EasyLanguage Code Downloads]
Free trading indicators for TradeStation with EasyLanguage code. Download, install, and start using them today.
These aren’t generic indicators you’ll find in every trading book. They’re tools I’ve built and refined over 15+ years of trading Emini futures – designed to show you what actually matters: volume, market breadth, trend structure, and professional positioning.
Market Breadth & Sentiment
TRIN Indicator – One of the few truly leading stock market indicators. See when market breadth is, or is not, confirmed by buying and selling volume.
Commitment of Traders Indicator – Visualize COT data directly on your charts. See what commercial hedgers and large speculators are doing.
Intermarket Oscillator – Compare related markets to find divergences and confirmations. When bonds move, stocks often follow.
Better Rotation Indicator – Tracks global macro rotations across 8 major ETFs. See money flowing from one asset class to another.
Trend & Volume
Auto Trend Line Indicator – Automatically plots trend lines and highlights congestion zones where breakouts start. No more guessing where to draw lines.
Better X Trend Indicator – Uses explosion and exhaustion volume to determine trend direction. Trend indicators are everywhere – this one actually works.
Better Volume Indicator – Most traders ignore volume. Mistake. This indicator identifies climactic volume, churn, and low-volume tests – the footprints professionals leave behind.
Utilities
Vertical Line Indicator – Plot vertical lines at market open, close, and the 11 am reversal window. Simple but essential for day traders and swing traders alike.
Stock Market Crash Indicator – Track the levels that confirm corrections and crashes. Use these with resting buy orders to dollar-cost average into long-term positions.
Stock Market Seasonality Indicator – Historical seasonal patterns for the stock market. But use with caution – seasonality alone isn’t an edge.
The Free TradeStation Indicators
Better Volume Indicator: Free Download & Code
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. Better Volume is one of the free indicators on this site, and …
Better Rotation Indicator: Free Code for Asset Rotation
The Better Rotation Indicator is part of the free indicator collection – a set of tools built to help you track institutional money flow and get an edge over the market herd. The Better Rotation Indicator uses 8 major ETFs to track Global Macro trends. This indicator helps visualize the …
Vertical Line Indicator for TradeStation [Free Code]
Plot vertical lines at the key times that matter: market open, close, 11 am reversal window, and end of week. Part of Emini-Watch’s free indicators for TradeStation. This free TradeStation indicator uses the new EasyLanguage drawing object classes, so lines extend from the top of your price panel through any …
Better X Trend Indicator: Free Code for TradeStation
Here’s how to use explosion and exhaustion volume to determine the trend. The Better X Trend Indicator is one of the free TradeStation indicators in my collection. Trend indicators are the holy grail of the indicator world – everyone thinks “If only I had a better trend indicator then making …
Stock Market Seasonality Indicator: Free Download
This stock market seasonality indicator is part of my free indicators for TradeStation, NinjaTrader and MultiCharts. 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 …
Stock Market Crash Indicator: Free Code + 9/9 Signal Record
The Stock Market Crash Indicator is one of the free indicators with code downloads available on this site – and it has called every major crash since 2000. When will the stock market crash? Everyone would like to know the answer to that question! Large Contract (SP) Data No Longer …
Commitment of Traders Indicator: Free Code + How to Trade It
The Commitment of Traders indicator is one of the 10 free TradeStation indicators on this site – and one of the most powerful for spotting major market turns. Commitment of Traders (COT) data is not the holy grail – but can be immensely useful in longer term analysis. Here’s how. …
Intermarket Oscillator: Free TradeStation Code
Can the technical analysis of one market help you trade another? Yes, maybe – and this indicator is part of the free TradeStation indicators I have built over the years to answer exactly that kind of question. Intermarket Analysis is the comparison of potentially related markets. For example: Often you’ll …
Auto Trend Line Indicator for TradeStation [Free Code]
Stop drawing trend lines manually. This indicator automatically plots rising and falling trend lines – and highlights the congestion zones where big moves start. It is part of the free EasyLanguage code available on this site. What It Does The Better Trend Lines indicator solves the biggest problem with trend …
TRIN Indicator: How to Use It + Free TradeStation Code
The TRIN Indicator is one of the free indicators on this site – a genuinely useful leading indicator that most retail traders completely ignore. The TRIN Index (or Trading Index or Arms Index) is a measure of stock market strength, originally developed by Richard Arms in 1967. It is one …
Professional-Grade Trading Indicators
The free TradeStation indicators above are useful tools. But if you’re serious about trading futures, these are the indicators I actually trade with:
- Better Momentum – Identifies momentum shifts before they show up on price
- Better Sine Wave – Pinpoints cycle turning points
- Better Pro Am – Separates professional activity from amateur activity
Click here to see the full ‘Better’ Indicator suite.
