ThinkOrSwim xBrat Roller Coaster Indicator
The xBrat RollerCoaster Indicator Suite For The Thinkorswim platform is designed around a simple but effective Swing Trading strategy.
The xBrat Roller Coaster indicator is perfect for trading Stocks, Futures, Forex, Commodities, & Cryptocurrencies.
The Roller Coaster is a Stochastic / MACD Cross with Special EMA Points of Control for both Long and Short trades.
Our algorithm works everything out behind the scenes, keeping your chart clean.
With the purchase of our indicator, you will have access to:
- Entry Price
- Stop Loss Price
- Trade Management
- Trailing Stop Positions
- Get in early on a Trend, or Trade Long & Short as an instrument moves within a range
What do you get
ThinkorSwim xBrat Roller Coaster Indicator
Forecast price trends better using the ThinkorSwim xBrat Roller Coaster Indicator. It’s an advanced tool with a powerful algorithm that analyzes price data behind the scenes and gives you a trader-friendly breakdown on your chart.
Although it presents the data on your chart, it doesn’t clutter it. Your candlesticks and other features are visible. This indicator does most of the analysis you require as a trader.
It shows possible entry and exit positions and warns you about potential losses. These trade management features allow you to enter a trend early and make more trades than would be the case without the trend forecast.
ThinkorSwim xBrat Roller Coaster Indicator Features
This indicator is a cross between stochastic and MACD indicators. It draws the stochastic features to determine how the closing price relates to the price range for a specific period. Therefore, stochastic brings the entry and exit positions that make this indicator unique.
The MACD follows the trend’s momentum to establish the correlation between two exponential moving averages (EMAs). It predicts how strong a directional move is and if there’s a likelihood of a reversal.
When you combine these two crucial technical indicators, you get the following features in the ThinkorSwim xBrat Roller Coaster indicator:
- Entry and Stop Loss Price
- Trade Manager
- Trailing Stop Position
These features form a roller coaster on your chart, highlighted in different colors.
Using the ThinkorSwim xBrat Roller Coaster Indicator
This indicator is suitable for long and short trades. It prints the entry and exit positions of trends on your chart, making your decision-making process easy. Such a detailed forecast allows you to make more trades in one price trend because you can see all the potential reversals.
In addition, it improves your risk tolerance because you discover where to counter losses in one price trend with the profits of a price reversal.
Further, it sets a series of trailing stop positions to lock your profits.
These features benefit a beginner immensely, as they ensure more profitable trades. They boost your confidence when placing your first trade in an instrument you’ve never traded before, as they give you accurate entry and stop-loss positions. Seasoned traders also benefit from a lesser workload as the algorithm calculates all vital details of a trade.
Use this indicator to analyze price action for stocks, futures, commodities, forex, and crypto. It’ll save time on technical analysis so you can diversify your portfolio.
Specification: ThinkOrSwim xBrat Roller Coaster Indicator