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TriggerCharts - Aileron Indicator
Version 4
Easy to visualize trend and entry/exit points with a rich set of signals. The TriggerCharts Aileron Indicator provides a methodology for finding contra-trend levels that are potential inflection points for entry. The indicators algorithm combines several trending and oscillating signals (proprietary and traditional) to provide each security a “composite score”. This indicator can be used in conjunction with other indicators to help further refine turning points and trend strength. TriggerCharts Aileron Indicator can be used on any timeframe and any symbol for a quick reading of the score, strength of trend and potential turning points. Extreme trend "exhaustion" levels are shown to quickly find trading opportunities. More info and training videos on http://www.triggercharts.com
Easy to visualize trend and entry/exit points with a rich set of signals.

The TriggerCharts Aileron Indicator provides a methodology for finding contra-trend levels that are potential inflection points for entry. The indicators algorithm combines several trending and oscillating signals (proprietary and traditional) to provide each security a “composite score”.
This indicator can be used in conjunction with other indicators to help further refine turning points and trend strength.

TriggerCharts Aileron Indicator can be used on any timeframe and any symbol for a quick reading of the score, strength of trend and potential turning points.

Extreme trend "exhaustion" levels are shown to quickly find trading opportunities.

More info and training videos on http://www.triggercharts.com
What's New
Version 4
Removed right axis price indicators for zero-line and extremes to extend chart range. Updated core calculations for faster response.

Version 3
- Updated the core algorithm to add greater sensitivity for trend and potential levels of exhaustion - Renamed "Overbought and Oversold" to "Extreme High and Extreme Low" - Refined calculations to enhance speed of indicator - Updated charting component - General updates to overall indicator for color enhanced signals

Version 2
- Updated core engine to provide enhanced overbought/oversold indications - Minor bug fixes

Version 4
Removed right axis price indicators for zero-line and extremes to extend chart range. Updated core calculations for faster response.

Version 3
- Updated the core algorithm to add greater sensitivity for trend and potential levels of exhaustion - Renamed "Overbought and Oversold" to "Extreme High and Extreme Low" - Refined calculations to enhance speed of indicator - Updated charting component - General updates to overall indicator for color enhanced signals

Version 2
- Updated core engine to provide enhanced overbought/oversold indications - Minor bug fixes

Version 1
Media
Customer Reviews
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Average Customer Rating:
 (1)
Already helped improve my entries and exits
September 3, 2014 Version: 1
By:Diana Hays
I have come to depend on the Aileron indicator to keep me in a trade for a very profitable length of time; it has truly helped me to maximize my intraday stock trades. Instead of getting out too early, the aileron is specially designed to show me when interest [volume+momentum] is very strong in a stock and is likely to continue. It can also warn me that weakness is starting, giving me the chance to exit a trade with less risk and many fewer exits at a loss. Great, great indicator. I have come to depend on it being on my candlestick charts all the time. It is a perfect match to all my TriggerCharts indicators and I am seeing my trades become more and more successful.
$29 mo
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Developer
Requirements
Tradestation 9.1 (Update 24)
Support Documents
Asset Type
Stock, Future, Forex
Style
Swing Trading
Methodology
Counter Trend
Analysis Techniques
Applications
Categories