RSK RETRACEMENT INDICATOR
We use a propriatary method of generating retracement lines based on certain characteristics of the $VIX.X and $ESINX. Yellow and Cyan Lines are based on the VIX. White and Magenta Lines are based on the $ESINX. White and Yellow lines represent retracement above the current price. Cyan and Magenta lines represent retracement below the current price. Green and Red lines represent Gaps in Data on the ES contract. Some of our retracement lines last only a few minutes, while others last for hours. With accuracy that exceeds 85% knowing where the market is heading can be enormously useful in knowing where to enter a trade or how long to hold it. It can even be useful in determining the overall pattern of the day.
AUTOMATED FIBONACCI RETRACEMENTS AND GAP CONFIRMATIONS
Our RSK ES J indicator completely automates the drawing of precise and accurate Fibonacci retracements based on the trader's pivot definitions. In real time the retracements are drawn without the touch of a button. Historical retracements can also be drawn at the click of the mouse using TS Analysis Commentary function. View video for complete details.
AUTOMATED FIBONACCI EXTENSIONS AND GAP CONFIRMATIONS
Our RSK ES J indicator completely automates the drawing of precise and accurate Fibonacci extensions based on the trader's pivot definitions. In real time the retracements are drawn without the touch of a button. Historical extensions can also be drawn at the click of the mouse using TS Analysis Commentary function. View video for complete details.
