 Congratulations on your discovery
of the Jan Arps’ Crown Jewels Tool Kit, a suite
of studies specifically designed for the analysis of
price swings in all time frames. Most are indicators
that will help you to better understand and anticipate
the ebbs and flows of price action. Be sure to experiment
with the variable inputs described in the documentation
to understand the methodology and impact of tuning each
of these tools to individual markets, time frames, and
your personal trading 'style'.
Why
a “Tool Kit”?
The name, "Crown
Jewels Tool Kit" for this set of studies has
been carefully chosen to reflect the fact that: (1)
These tools represent some of the best, or "Crown
Jewels" of the vast array of trading tools available
from Jan Arps’ Traders’ Toolbox, and (2)
Like any good craftsman, a good trader needs a tool
kit containing a variety of tools to do his job of
trading the markets effectively, skillfully, and in
a timely manner. Think about a different kind of 'tradesman'
-- a carpenter. There are certain basic tools every
professional carpenter should have: a blueprint, a
tape measure, a level, a saw, and a hammer. Similarly,
any trader who sets out to effectively trade the market
swings needs, at a minimum, a set of basic tools.
The price chart is our Blueprint.
Tools like our Price Magnets™
and RangeFinder™
are the Tape Measure. These are studies
which allow us to more meaningfully measure price
movements by comparing those movements to established
levels of support and resistance within the context
of current market volatility.
Our Level is
represented by the Pro Mom Trend
Bars and the Arps Trender
tools. These studies help to determine the direction
and magnitude of the trend. The old saying, "measure
twice and saw once" holds true in trading, so
it is essential that our tools confirm that the trend
has the proper slope, that we are at the proper level
to take a trade, and that we are confident the trend
will have enough momentum to carry us.
The Arps
Fear/Greed Index, the Arps
Price Leader Acceleration Oscillator, the Arps
Trend Index, and additionally the Arps
AutoDiv Divergence Studies represent our Saw.
A truly timely oscillator will visually show you when
a market has made an excursion from one end of a swing
to the other and is becoming overbought or oversold.
Visualize the teeth of a saw. If the oscillator is
in the right position, be it overbought or oversold,
and we have measured carefully and have set our levels
correctly, then the oscillator can be used to give
us the authorization, or "cut" the trade
for us. When a trade goes in the right direction,
the hammer is what we use to nail
down our profits. By utilizing the Arps Price Magnets,
RangeFinder, Trender and other predictive tools from
the Arps Crown Jewels Toolbox you will be able to
tell where to take logical profits, or "drop
the hammer."
| These
studies are available as an add-on service to
your eSignal subscription for only $20 for the
first month, $95 per month thereafter. |
For questions and comments
regarding the Jan Arps' Crown Jewels Tool Kit click
here to send an email.
|
