Plugins
Proven Strategies That Keep You Ahead of the Market
Alexander Elder
Reveal true market conditions with powerful market tracking tools
By popular request, 9 templates, 8 highlight bars and 17 indicators combine to give you an exceptional set of trading tools based on the trading concepts of Alexander Elder. This library provides practical application of teachings from Elder’s world Renknown “Come into My Trading Room” and “Trading for a Living” books.
Easy to use templates can be applied to your chart with a click of your mouse. Hone your skills with new tools that plug right into your Trade Navigator software.
- Identify turning points in any market by tying together three essential pieces of information —the direction of price movement, its extent and volume.
- Differentiate between sleepy, quiet periods and hot episodes when market crowds become excited.
- Quickly adapt your trading to the current environment.
- Identify whether sellers or buyers are weaker.
- Track volatility, along with price.
Delve into the work of Dr. Alexander Elder, as interpreted by Trade Navigator and put his ideas to use in your trading
Triple Screen Template
Identify turning points in any market by tying together three essential pieces of information; the direction of price movement, its extent, and volume.
Temperature Template
A measure of volatility, the market thermometer helps differentiate between sleepy, quiet periods and hot episodes when market crowds become excited.
The thermometer can help you adapt your trading to the current environment.
Safe Zones Template
The Safe Zones template features the Long & Short Safe Zone indicators, a parabolic style indicator based on the Safe Zone Stop by Dr. Alexander Elder.
Release Template
4 indicators and highlight bars based on the impulse function combine to bring you the analytical tools available in Elder’s Release Template.
Ray Template
Identify the weak side of the market with 2 indicators available in Elder’s Ray Template.
Bear Power
The difference between the closing price and the exponential moving average.
Bull Power
The difference between the closing price and the exponential moving average.
Daily Look Template
Unique to the Daily Look Template, envelope channels provide attractive profit targets ‐ sell longs near the upper channel line and cover shorts near the lower channel line.
Chandelier Stops Template
Track volatility as well as prices, as its distance from the peak grows with the rise or fall in volatility with the Chandelier Long and Short indicators.
Channel lines mark the normal limit of market optimism and pessimism. Well drawn channels help to diagnose mania and depression.
