Monsoon was created to replicate Jeff Manson's Pre-Market morning analysis. The key to success is knowing where powerful key reversal points exists and identify them quickly. This study plots the prior session high/low/close, Globex high/low, Daily ATR high/low, Monthly/Weekly high/low, and daily US Pit open/close.
The Real-Time Dynamic Range Sensors can be used to instantly see the potential Globex & Daily ATR daily momentum. Often traders rely on this information to determine market sentiment and also to use as open order targets. If the Dynamic Globex and Daily ATR are below average, the intraday trader can be aware to take profits more aggressively.
Monsoon has been designed to provide quick access to Real-Time Globex Highs & Lows while providing the Daily ATR High & Low swings as new Globex highs and lows are formed. This methodology has been adapted from Dawn Dawson’s teachings on Globex values and 10 day Average True Range.
Quickly harness the power of knowing where Monthly, Weekly, & Daily High/Lows exist coupled with US Pit Open/Close.
Monsoon has been coded using advanced Object Orientated coding methodologies providing robust performance results predominantly leading to less CPU & Memory consumption and Memory leaks. You can be assured that all our coding efforts are tailored for CPU & Memory concerns from the onset.
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Algo Chart Pro is a software company. We are not in the business of providing financial or investment advice, nor are we registered with the proper authorities to do so. The product we provide (both the software and its associated documentation, examples, etc.) is for educational purposes only and should never be construed as providing trading or investment recommendations or advice. Any decisions you make using this product are made at your own risk and are yours and yours alone. Remember that trading is inherently risky, and traders may sustain losses greater than their investments regardless of which asset classes are traded. Before trading, carefully consider the risks involved in light of your financial condition and never trade money you can't afford to lose.
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