Fulgent Coral Trend Trader
The Coral Trend indicator is one of the best indicators to identify changes in trend because of its ability to forecast the beginning and end of moves correctly.
When the trend turns up, the indicator turns from red to green and from green to red when it turns down.
Coral Trend generates Coral Trend Pivots – the fastest pivots you can get. These Pivots are then used to generate Signals for the four included Experts.
The Secret Ingredient in CT Trader
"Pivots" form at changes in direction in a chart. Once we know a pivot has begun, we can trade in the new direction. The problem is HOW FAST they form.
Historically, we have used Pivots based on Percentage movement (such as Zig Zag) or based on ATRs (Wave Trader). CT Pivot was created to generate faster, more predictive Pivots to establish Reversal and Breakout trades.
Coral Trend (CT) Pivots form more quickly AND are better defined because they follow the ebb and flow of the Coral Trend indicator as described below.
We include four powerful MetaStock Experts, each displaying a Signal and Label. They also track the Stops that are used with the Expert. Click next to any Signal in the Chart to see a description of the Expert and the Stop Level on that bar.
CT Trending identifies Pivots higher than the previous pivot - the definition of a trending situation.
- CT Trending Identifying Pivots that are higher than the previous pivot - the definition of a trending situation.
- CT Breakout Uses the prior CT Pivot to find a breakout. Highly effective!
- CT Swing Identifying and Trading Short-Term Moves!
About Ed Downs
Ed Downs, Software Engineer, and veteran trader launched Fulgent Technologies in 2019, using AI technology developed by Nirvana Systems, Inc. from 1996 through 2018. Over the past 22 years, Mr. Downs has led his team to apply AI methods to intelligently identify the many high-probability opportunities that appear every day in freely-traded markets, and especially Chart Patterns.
In 2003, Ed and his team built the first Chart Pattern Recognition software, which has been improved ever since. Currently, in its 6th revision, the Chart Pattern Engine is second to none in terms of its ability to find all the major chart patterns that appear in charts.
The goal of Fulgent AI is to provide the best possible trade Ideas for the end-user. The Chart Pattern Engine for MetaStock brings the power of Chart Pattern Recognition to all MetaStock users.