CPS 3.0 Automatically Generates Signals on Key Chart Pattern Events
CPS 3.0 is a collection of 100% mechanical Trading Systems based on Chart Patterns
that can be back-tested in OmniTrader. Chart Patterns measure the essence
of market psychology – a solid pattern event is oftentimes followed by an
Find and trade the most powerful Chart Pattern events
This plug-in will significantly enhance your ability to find and trade the most powerful Chart Pattern events as they occur in the market. Trading Systems are used to create Strategies in OmniTrader and we have created robust Strategies for each of the CPS Systems. Each Strategy in CPS 3.0 has been tuned with filters and other strategy elements to get the best signals. CPS 3.0 has filters that help it avoid taking Long trades when the market is going down. As the market starts to rally again, the Strategies will do just the opposite, automatically favoring the Long side.
Harness the Power of Patterns in with CPS 3.0!
Systems 3.0: $395
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* CPS Plug-in works with OmniTrader 2006 and later versions. Not available for prior versions of OmniTrader.
Pattern Signals. This chart shows several powerful Chart Pattern Signals, including Fibonacci Retracements, Saucers, Gaps and Resistance Reversals. Given a rich selection of Chart Patterns in the Focus List, you can quickly identify the best setups.
With CPS installed, these Systems appear in the System and confirmer blocks in the Strategies. The trading systems in CPS 3.0 can be used to create new strategies or improve existing ones. They can be used to generate signals, confirm signals in other Strategies or to generate exits. The possibilities are endless.
With CPS, you also receive 16 Candle Pattern Systems. We took these systems and used them to confirm signals for greater accuracy. We tested the Candle Pattern Systems over many years of stock market data to tune the parameters of each one for optimal results.