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BK001 Elder-disk (v3) for MetaStock (v15+)
Enhanced version
Dr Alexander Elder and John Bruns (Author)

This product is designed only for Metastock v15 or newer.  In will not work with older versions.  If you want a less powerful elder-disk for an older version, which does not include new Explorations, please click HERE.

Developed by Dr. Alexander Elder and John Bruns, an expert programmer.  Provides the complete set of tools and indicators described in Come into My Trading Room, as well as The New Trading for a Living:

  • Implements the Impulse System as well as Triple Screen.
  • Includes SafeZone
  • Market Thermometer
  • Elder-Ray
  • Smoothed Rate of Change
  • AutoEnvelope
  • The Chandelier Stop
  • Force Index
  • The Impulse system, with added Impulse Release
  • SafeZone stops
  • A custom formula calculates the weekly MACD-Histogram direction using daily data
  • This allows explorations for Triple Screen stocks using daily data.

The new Enhanced version adds Force Index with ATR Channels (perhaps the best tool for catching both tops and bottoms) and a Semiautomatic MACD Divergence scanner (automatic divergence scanners deliver too many false positives and negatives).

The 'expert advisors' built with this trend indicator can be generalized to trade in any time frame. Templates provide for easy use of the indicators, all properly formatted. A simple 'expert advisor' is provided to highlight Triple Screen trading rules.

Click Here for software manual in PDF.

To see how Dr Elder uses some of the features of this elder-disk, please view this free Metastock webinar recording.

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List Price: $600.00   Our Price: $499.00  

Founded in 1988
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