Denver, CO (PRWEB) October 29, 2007
PowerZone Trading and NinjaTrader, LLC are pleased to announce the release of the popular VSTOPS indicator package for the industry-leading NinjaTrader platform. VSTOPS users can leverage the power of NinjaTrader, a complete end-to-end trading platform that is free for advanced charting, market analytics, system development and trade simulation that offers flexibility and choice in market data vendors and brokerages world-wide.
The VSTOPS Indicator Package provides an innovative method of calculating trend conditions and stop prices based on market activity. This package includes both a custom indicator and a bar coloring utility that work together to give traders an objective method of determining a trading condition, as well as providing definitive prices for stop orders. VSTOPS use an extremely fast filter to establish market volatility that can be used to help traders successfully ride trends and protect profits.
VSTOPS displays a dotted line representing the current stop level and is displayed below the current price for long conditions and above the current price for short conditions. As price continues into a trend, the indicator recalculates these stops, moving them closer to the direction of the current price.
The indicator uses a color-coding system to quickly identify the condition of the market and can be customized by the user. By default, green represents long conditions, red represents short conditions and blue represents a transition (between long and short). As price transitions, a blue dot appears at the point where price penetrates the stop level. In many cases, this represents the end of a price move.
About PowerZone Trading:
PowerZone Trading provides innovative market indicators, custom programming and educational services to enhance and improve trading. All of our products and services are designed to help traders develop robust trading systems that can consistently pull money out of the market.
PowerZone Trading is dedicated to providing innovative, reactive indicators for active traders. Each indicator is carefully developed based on our live trading experience, extensive research and testing to ensure that each will perform well in today's markets. We strive to develop unique indicators that are intuitive and visually easy to understand.
With over 15 years of programming, teaching and coaching experience, we understand the needs of today's active traders and design our products and services around those requirements. Our articles on trading have been featured in Stocks & Commodities, Futures, Active Trader and Trader's Journal magazines. Our new book, Make Money Trading - How to Build a Winning Trading Business, is available from Marketplace Books.
About NinjaTrader, LLC:
Founded in 2003, NinjaTrader, LLC (http://www.ninjatrader.com) has quickly emerged as a leading developer of high-performance trading software. The company's flagship trading platform, NinjaTrader, is a FREE application for advanced charting, market analytics, system development and trade simulation. Discretionary, end-of-day and automated systems traders can trade futures, forex and equities through hundreds of supporting brokerages worldwide.
NinjaTrader, LLC sets the benchmark for trading software and continues to invest in new product development. Based in Denver, CO, NinjaTrader, LLC serves the global trading community with locations in Grand Rapids, MI, Amsterdam, The Netherlands and Bamberg, Germany.