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Utilizing the powerful scanning capabilities of TradeStation's RadarScreenTM platform, this tool enables you to efficiently scan your favorite list of stock and futures symbols for an important trend trading setup: a pullback in an established trend. This can be a very profitable signal, as frequently the bars immediately after a Pullback Signal will extend the existing longer-term trend, often duplicating the length of the prior trend move.
The Arps Trender Pullback Scanning Tool is the scanning version of the Arps Trender Pullback study. In the charting format, the Pullback study will identify price bars that penetrate but do not close outside of the Arps Trender. In this RadarScreen scanning version, color-coded cells display the number of bars since the last Pullback signal, along with the direction of the established trend.
To learn more, Click on the PDF document link below for a complete description of the Arps Trender Pullback Scanning Set of Tools, along with examples of how to trade with it.
Please Note: This is a "standalone" scanning tool for those who already have the Trender Pullback charting version and either the Arps Trender or Triple Trender.
Arps Trender Pullback Scanning Tool
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