FEEDBACK
(24)
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:
 (24)
Excellent tool
November 19, 2021 Version: 5
By:Jean Lara
The indicator helps to be on the right side of the market, one of the most important things when it comes to trading

Basically it indicates whether for a given time frame and a given asset, the trend (climate) of the market is buying or selling

It is not a tool to carry out market entry operations, but a tool to confirm whether for a particular asset you can go long or short in the market

Excellent tool, thank you very much for having it for everyone
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!!
FREE
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Developer
Requirements
Tradestation 9.5 (Update 22)
Support Documents
Asset Type
Stock, Future, Forex, Option
Style
Swing Trading
Methodology
Trend
Analysis Techniques
Applications
Categories