Elder-disk 2.1 for MetaStock

Description

Elder-disk for MetaStock v 2.1

Dr Alexander Elder and John Bruns (Author)

 

This software requires MetaStock version 10.1 or higher.  Developed by Dr. Alexander Elder and John Bruns, a programmer.  Provides the complete set of tools and indicators described in Come into My Trading Room, as well as Trading for a Living:

 

Implements the Impulse System as well as Triple Screen.

Includes SafeZone

Market Thermometer

Elder-Ray

Smoothed Rate of Change

AutoEnvelope

The Chandelier Stop

Force Index

The Impulse system, with added Impulse Release

SafeZone stops

A custom formula calculates the weekly MACD-Histogram direction using daily data

This allows explorations for Triple Screen stocks using daily data.

The ‘expert advisors’ built with this trend indicator can be generalized to trading in any time frame. Templates provide for easy use of the indicators, all properly formatted. A simple ‘expert advisor’ is provided to highlight Triple Screen trading rules.

About Dr. Alexander Elder

Dr. Alexander Elder is a professional trader based in New York City. He is the author of a dozen books, including Come into My Trading Room (Barron’s 2002 Book of the Year) and Trading for a Living, considered modern classics among traders.

 

Dr. Elder was born in Leningrad and grew up in Estonia, where he entered medical school at the age of 16. At 23, while working as a ship’s doctor, he jumped a Soviet ship in Africa and received political asylum in the United States. He worked as a psychiatrist in New York City and taught at Columbia University. His experience as a psychiatrist provided him with unique insight into the psychology of trading. Dr. Elder’s books, articles, and software reviews have established him as one of today’s leading experts on trading

 

Dr. Elder is the originator of Traders’ Camps week-long classes for traders, as well as the Spike group for traders. He continues to trade and is a sought-after speaker at conferences in the US and abroad.