FEEDBACK
(23)
AutoClimate
Version 5
This app aims to assist when identifying which one is the right side of the market in which to trade: long, or short, or simply doing nothing and avoiding trading. The above concept is the reason for the name of this indicator: “Climate”, as this word defines the current market environment and therefore helps when planning a new trade to be executed. The desired trade duration (position, swing or intraday trades) would depend on the time interval (time-frame) selected when applying the indicator. A common practice in the industry consists of assessing the current market environment (climate) by using a larger time-frame and plan specific trades using lower time-frames to reduce the dollar-risk of the trade. Ultimately, this type of process and decisions correspond to the user of this app.
This app aims to assist when identifying which one is the right side of the market in which to trade: long, or short, or simply doing nothing and avoiding trading.

The above concept is the reason for the name of this indicator: “Climate”, as this word defines the current market environment and therefore helps when planning a new trade to be executed.

The desired trade duration (position, swing or intraday trades) would depend on the time interval (time-frame) selected when applying the indicator. A common practice in the industry consists of assessing the current market environment (climate) by using a larger time-frame and plan specific trades using lower time-frames to reduce the dollar-risk of the trade. Ultimately, this type of process and decisions correspond to the user of this app.
What's New
Version 5
Enhanced market data treatment

Version 2
The app auto-detects when it is added to a RadarScreen (no manual settings need to be changed)

Version 1
Version 5
Enhanced market data treatment

Version 2
The app auto-detects when it is added to a RadarScreen (no manual settings need to be changed)

Version 1
Media
Customer Reviews
v
Average Customer Rating:
 (23)
Excellent Confirmation/Signal Tool
April 22, 2021 Version: 5
By:Aladdin Bushrui
Using this indicator/radar screen alongside my indicators, help confirm market direction. Adding this study to the Radar Screen provides potential long/short possibilities. Great add-on to my usual indicators.
owner
January 19, 2021 Version: 5
By:Jack Davison
use it all the time really enjoy this function
I like this app
December 21, 2020 Version: 5
By:Joe Peoples
AutoClimate is simple to use, provides a steadying indication of the sentiment of the price action, and has kept me in trades I might have normally baled on.
Does what it says it does..very well.
December 20, 2020 Version: 5
By:DonLance 777
I look forward to using this app each time I trade. As long as the rules of set-up and controlled information loading are followed, it does a great job of identifying valid zones for consideration every time. Highly recommended!!
Great confirmation tool
December 17, 2020 Version: 5
By:David Bukovich
I was a little skeptical at first when considering using this tool, but after it loaded into a few of my charts using different timeframes I observed it in relation to market movement. While not a predictor, this study helps affirm current price movements and gives an indication when things look to be reversing as well... Very nice! In reading some of the other comments from folks about freezing TS when loading, etc. I did not have that experience. The study loaded fine for me, but when I added to my daily chart it seemed to take an extra 10-20 seconds to load historical data maybe? This gave the appearance of freezing TS, but it unstuck itself once things were loaded and I haven't had a recurrence of this "freezing." Highly recommended.
FREE
Install
Uninstall
 
Developer
Requirements
Tradestation 9.5 (Update 22)
Support Documents
Asset Type
Stock, Future, Forex, Option
Style
Swing Trading
Methodology
Trend
Analysis Techniques
Applications
Categories