Jeff Tompkins' TradeTrend
TradeTrend provides entry and exit signals for stocks, futures and FOREX using a proprietary formula created by Jeff Tompkins. The signals can also be used to make more informed and confident decisions for a wide range of strategies. TradeTrend helps traders stay on the right side of the market and momentum for both long and short positions using daily and intraday time frames.
Momentum trading is a technique in which traders make decisions according to the strength of recent price trends. Price momentum in trading is similar to momentum in physics, where mass multiplied by velocity determines the likelihood that an object will continue on its path. The basic premise is that as an asset is traded, the velocity of the price movement approaches a maximum as new investors enter that asset near peak prices. As demand and money flow into the asset decreases, the tendency is for the price trend to reverse direction. Similar principles apply for momentum continuations.
TradeTrend pinpoints long and short entry setups based on an algorithm that identifies momentum shifts or continuations that are likely to persist. Since momentum is a significant component of the foundation of TradeTrend, a key feature of the strategy is to enter trades on a confirmation of the anticipated momentum direction. Therefore, ‘Buy Stop’ orders are used for long setups and ‘Sell Stop’ orders are used for short setups. This allows for filtering of false signals while only entering trades with the highest probability of success.
TradeTrend offers full integration into the award-winning MetaStock Platform.
With the TradeTrend Expert Adviser you’ll receive:
- Instant setup alerts with exact entry prices
- Buy and sell trigger alerts
- Updated stop loss values
- Crystal clear exit alerts
- With the TradeTrend Explorations, you’ll be able to scan through thousands of instruments to find the best opportunities available today.
The TradeTrend Systems Test provides detailed information on the which securities would have performed best over time. It also includes detailed profit/loss analysis, net profits, and tons of information all designed to empower you to make confident trading decisions.
About Jeff Tompkins
The TradeTrend Signal Software was created by Jeff Tompkins, founder and President of The Trading Profit, LLC and developed by MetaStock. Jeff has a BS in Finance from Santa Clara University and nearly 20 years of experience trading the markets. Jeff’s successful career led him to create The Trading Profit, LLC in order to help others achieve financial freedom through consistent and profitable trading strategies. Over the years he has developed an arsenal of highly tested systems, which have remained effective regardless of market conditions. The main objective for the organization is to teach these disciplined strategies to others who are interested in supplementing or replacing their current income.
Please review our add-on compatibility table to see which versions of MetaStock these add-ons work with.