This Traders Calculator is a unique calculator for Stock, Index, Forex and Commodity Traders. This is an amazing trading calculator that includes: Fibonacci, Pivot Points, Camarilla, ATR, Gann Square of Nine, Trading Range Forecaster, Swing Trading, Profit and Loss, Trade Lot Size plus you get a detailed comprehensive manual that explains everything including how to get the confirmation signals with reversal patterns when using this Traders Calculator. You can now own a professional trading software to time your entry and exit into the market for minimum risk and maximum profits. So, if you are a serious trader than you need to take a look at this amazing piece of software and what it can do to help you in your trading. Let’s see what this Trading Calculator can do for you:
The Swing Trade Calculator:
The Swing Trade Calculator is used to project your entry, stop, profit target, gain/profit, number of points to your entry point and the number of units/lots to place. After pressing calculate you’ll be presented with your…
1) Entry Point: This is the ideal entry price.
2) Stop Loss: Where to place your Stop Loss if entry price is reached.
3) Target: Your profit target and possible exit price level.
4) Gain: The amount you will win.
5) PTS To Entry: Number of points to your Entry Price.
6) No Of Units: How many units/lots/contracts you can place based on the information you’ve provided.
The Swing Calculator can be used on any time frame from 5 minutes up to a Daily, Weekly or Monthly time frames.
Risk-Per-Trade Calculator
One of the most important principles of risk management is the 2 percent rule. This is a powerful risk management rule because it provides you as a trader with a number before you enter a trade that shows how much you can afford to lose. This will be the maximum risk that you will take in a trade. Applying this principle, a trader can afford to be wrong numerous times and still live to see the next trading day. So with this Risk-Per-Trade-Calculator when you:
1) Enter the Percentage amount of your account you wish to risk on the trade, from 1 to 5.
2) Enter your total capital in the Account Value box.
3) Then you enter your chosen Entry Price.
4) And finally enter your chosen Stop Loss price.
After clicking the Calculate button, it will show the Position Size. This is the number of contracts/lots you can purchase based on the information given.
Fibonacci Calculator 1-Fibonacci Up: Calculations made for an UP trend.
You will then be given all the possible retracement levels where the prices may bounce back UP from. You can get all the details on how to recognise the reversal patterns at the Fibonacci retracement levels in the comprehensive manual which accompanies the Traders Calculator software.
Fibonacci Calculator 2-Fibonacci Down: Calculations made for a DOWN trend.
This is almost the same as the Fibonacci Up Calculator except that the calculations are made for the down trend.
ATR: Average True Range Calculator
The Average True Range is a measure of volatility. If the ATR is rising, then you know that the volatility is rising. In such a case you may want to stay out of the market depending on your trading method and time frame. Highher volatility means higher risk. What this means is that basically if the volatility rises, then your STOP placement becomes more expensive because it’s wider. The ATR information can be used in the following ways:
1) Where to place a Stop Loss order. Many traders use the ATR for setting their stop losses.
2) To signal as to when a 10 day HIGH or LOW has occurred. The program automatically highlights when this event happens. This information can be used either for CHANNEL/RANGE Traders, or for TREND Traders who use 10 day highs and lows for entry and exit signals.
Next Day’s Projected High and Low Calculator
This calculator uses a formula to forecast the next day’s trading range of your chosen financial instrument. A basic set up could be as follows…Assuming a LONG/Up trade: You draw a simple trend line under the market you’re trading or use a Simple Moving Average or Exponential Moving Average as a visual guide. If the trend is up, you enter on the LOW figure which the calculator gives. This ensures you enter in the direction of the current trend and not against it. Your ‘potential’ profit target is the HIGH price the calculator gives. Another use for the Projected High and Low is for trading Barrier Range bets in Bet On Markets.
Pivot Points Calculator
Pivot Points are considered to be a leading indicator unlike most other technical indicators that are lagging and always late in giving signals. Pivot Points are one of the most important trading tools that you should master if you are really serious to become a professional trader. Pivot Points can be used in conjunction with Fibonacci Levels plus Candlestick Charts to generate profitable signals. Pivot Points are used to determine critical price and support/resistance levels.
The general idea is to sell when R1 or R2 price level is hit, and buy when S1 or S2 price levels are hit. This of course assumes that you also have confirmation signal. A Pivot Point is the price at which the direction of price movement changes. It is calculated using data from the previous trading day. Infact, you can use Pivot Points on anytime but like the Candlestick Charts, Pivot Points are most effective on higher timeframes. By looking at the high, low, and close, you can calculate the next day’s pivot point as well as support and resistance levels. You simply enter the previous day’s Open, High, Low and Close price and the levels are automatically created.
Note that this Trading Calculator calculates the ATR, Projected Low and High, Pivot Points together on one line. This means that you get an instant guide for any convergence of price levels. For example if the Projected High is at the same level as a Resistance level in the Pivot Point calculation, and it’s also at a possible Swing High then you can be more confident of entering (or exiting) the market. You would just wait for a simple reversal pattern to confirm your analysis.
OB/OS or Overbought/Oversold Indicator
What’s the best position to take in a sideways or a choppy market? When a balance exists between buyers and sellers, the balance is reflected by stationary or, at least, sideways or choppy price movements. The market may be up in the morning and down in the afternoon and close just about unchanged. On such days an overbought/oversold indicator will reflect this by registering a neutral reading of say 50 percent. Because the lack of market direction provides no clue to subsequent price action, you have to look elsewhere for a clue as to which way prices are headed… higher or lower the next day. The manual with this Traders Calculator will teach you a simple and unusual way to use this indicator which is highly profitable when a sideways market has been identified the day before. Needless to say it can’t be revealed here.
Camarilla Equation Calculator
This Trading Calculator provides TWO Camarilla calculators. This is because one is the standard formulae and the other is a proprietary formulae which some companies charge a monthly fee to use. Hence you can own it yourself now and save $1000s a year on subscription fees. So what is Camarilla? Just input the Open, High, Low and Closing price of your chosen market, then click the Calculate button to obtain the price levels for the following day. The Camarilla Equation tells you the High and Low range for the next day. It also shows you the possible turning points and the breakout levels. The most important of these being the H3, H4, L3 and L4 levels which are used to gauge the likely retracement and break-out points. A reversal candlestick pattern is all that’s needed to give confirmation of a turning market.
RoadMap-WD Gann Square of Nine Calculator
This is a complex formula. But the developers of this Trading Calculator have been able to put the most complex of all the formulae into a workable calculator. It’s based on WD Ganns Square of Nine formula. And if you know anything about Gann then you’ll understand how difficult this is to accomplish. However I have to say that the results are truly astounding!!!
This Traders Calculator also includes scanned PDF documents of Gann’s original ‘How To Trade’, and his ‘Mathematical Formula’. Two truly fascinating books. When using the WD Gann Square of Nine Calculator, you input prices, which can be a high, low, close or price range. You then input the number of Trading Days and/or Calendar Days. Then, after you click the Calculate button, you will see if price and time have squared.
In the trading manual which accompanies this trading software, you will see some of the amazing real life examples which prove just how incredible the Road Map is. You ca use this Roadmap to predict, well in advance, the days, weeks and even months where the turning points of a market are likely to occur. Also where the support and resistance levels will stall the market. These you will know days in advance. They can be used for possible entry points in a trend (should you have missed the initial entry signal). The Road Map will increase your level of trading confidence to such a high degree that you’ll realize that you’ve been trading blind for all this time. No other Traders Calculator software or indicator can possibly match what the Road Map can do. They’re simply not in the same league!
GANN’s method is really one of the best way to assume supports and resistances. We would like to request you to have a look in our GANN page at http://www.stockmaniacs.net/gann.html and also consider a link exchange with us. Keep up the good work.
Introduction
Gann relied heavily on geometrical and numerical relationships and created several tools to help with his work. Among these tools are the Square of Nine, Square of 144, and the Hexagon. The Square of Nine, or Square as we will refer to here, can be constructed in at least two ways. The static Square has the number 1 at the center and the dynamic Square has the historic low of the time series in the center.
The Square of Nine is essentially a time and price calculator, and calculates the square root of numbers, both odd and even numbers as well as their midpoints. It also looks for both time and price alignments from a specific starting point or price level. We will however not work on the time alignment as we are trading for intraday only.
How to make Gann Square of 9 ?
You all must be interested in knowing how to generate Gann Square of Nine.
So lets begin….
To generate the square you need a reference point.
For intraday, this reference will be the LTP of stock/index.
How to take LTP?? (Explanation in next few pages).
Lets say I get LTP as 5100.
Now I need to generate square based on this.
I will follow below steps to do this.
Step 1: Take SQRT(LTP) = SQRT(5100) = 71.41
Step 2: Take the 2 integers below SQRT(LTP) and 2 integers above
SQRT(LTP). 2 integers below are 71 and 70. 2 integers above are 72
and 73.
Step 3: Now take SQR(70) = 70 * 70 = 4900. Place this in the center.
Step 4: Now increase the 70 by 0.125 (45 degrees) (as told in
previous post 1 represents 360 degrees.)
So 45 degrees = 0.125.
Step 5: Take the square of 70.125. SQR(70.125) = 4917.51. Place this
in left block adjacent to center block where u placed 4900.
Step 6: Increase the value further by 0.125. You get 70.25. Square
it. SR(70.25) = 4935.06.
Step 7: Place this on the top block of the block where u placed
4917.51.
Step 8: After generating 8 values, you will be complete one level of
square.
Step 9: Repeat the steps with values SQR(71.125), SQR(71.25),….
You can use the gann calculator available at http://www.pivottrading.co.in/pages/gannSquareof9.php