Hawkeye Wide Bar
The Hawkeye Wide Bar (PaintBar) signals the occurrence of a wide-ranging bar signifying a volatile trading period.
Do not enter a trade on a Hawkeye Wide Bar. Wait until the next bar.
For Uptrend: If the close of that bar is greater than the high of the Wide Bar then enter. If not, wait. Look for a Hook Pattern before entering.
For Downtrend:Â If the close of that bar is lower than the Low of the Wide Bar, then enter. If not, wait. Look for a Hook Pattern before entering.
"The Hawkeye tools add structure to an unstructured market. Nigel's experience, commitment & passion to assist other traders is both obvious & effective. I know because I've benefited greatly from this experience."Â -- Ed G read more...
Highlights
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Hawkeye Roadkill
Hawkeye Roadkill -- Nigel's favorite entry method for entering an existing trend. Hawkeye has teamed up with a programmer who has been able to integrate different timeframes, both time and tick, into one chart -- a first for TradeStation. The Roadkill ChartTool identifies when the short-term...