Indicators Designed by PureLogikTrading
and offered by TradersHelpDesk
The problem with most indicators is they lag. For traders, lag means loss of profits because either the entry or exit is late. While these indicators look great in hindsight, on the live edge of the market they can be disastrous. Anthony Cascino, Founder of PureLogikTrading, developed a specialized price correction algorithm that specializes in removing lag while smoothing price analysis. This correction occurs on a bar by bar basis, isolating the underlying price by filtering spurious data, consistently adapting itself to the market, and learning from its previous price corrections.
The PLT Indicators can be purchased separately or in groups.
To purchase any of the PLT indicators, please select the number of tools you would like to purchase and enter the name or names or the tools you would like. Descriptions and examples are below.
At this time they are only available for NinjaTrader.
PLT ADAPTIVE MOVING AVERAGE ( Only for NinjaTrader)
While most moving averages are jagged and, often lag, the PLT Adaptive Moving Average incorporates the PureLogikTrading's specialized price correction algorithm that adapts to the live edge of the market.
To view PLT Moving Average Indicator example click here
PLT TRIX ( Only for NinjaTrader)
To view PLT TRIX Indicator example click here
The Triple Exponential Average (TRIX) was first introduced by Jack Hutson and is used to identify overbought and oversold areas, as well as momentum. An increasing value indicates momentum to the upside, while a decreasing value indicates momentum is slowing. Additionally, divergence on the TRIX gives an early indication of significant turning points.
PLT ADX HISTOGRAM ( Only for NinjaTrader)
To view PLT HISTOGRAM Indicator example click here
The PLT Histogram combines the ADX, DMI+ and DMI- to indicate whether the DMI + or DMI - is dominant, as well as the strength of the trend. You also receive the ADX and DMI as individual indicators.
PLT BOLLINGER BANDS ( Only for NinjaTrader)
To view PLT BOLLINGER BANDS Indicator example click here
Bollinger Bands are trading bands that are plotted around price using standard deviation. The PLT Bollinger Bands are smoother and easier to follow.
PLT KELTNER CHANNEL ( Only for NinjaTrader)
The Keltner Channel uses a moving average plus channel lines above and below. Using the PLT price correction algorithm gives the Keltner Channel a smoother presentation and makes trading the Keltner Channel much easier.
To view PLT KELTNER CHANNEL Indicator example click here
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