How familiar are you with order flow analysis?
Insider Bars uses tick data to see inside intraday price bars, showing bullish and bearish bias often before it is reflected in price movement. It also includes advanced VWAP, VPOC and Value Area analysis on multiple time frames, and a whole lot more.
Price Vol Pro allows you to display price x volume and market depth data to the right of your chart's price bars. When combined with ChartTrading, it gives you all the functionality of the TradeStation Matrix without looking away from your chart. But that is just the beginning: Price Vol Pro gives you far more data and display options than Matrix.
Winner, 2013 TradeStation TradingApp Contest! If you've ever tried to watch the tape of a high-volume futures or ETF market using traditional time & sales tools, you know it just doesn't work! There's a thousand times too many transactions. Time Sales Pro solves this problem by grouping same-price/same-time trades together, to make the data more manageable. It also allows you to see when large block volume enters the market. In today's electronic markets, you rarely see a large futures trade print. That's because the "other side" of large trades are one lots, and also because a lot of big traders break up their trades to disguise their activity. Time Sales Pro sees right through the disguise.
The Insider Bars Volume Profile indicator performs price x volume analysis on daily price charts. A variety of display options are available. This picture shows the point of control colored orange, and 70% value areas above and below VWAP colored blue and red, respectively.
Historically, the difficult part of volume profile analysis with TradeStation was scaling the display. Depending on the data displayed, chart size and computer monitor, text might be too large and bleed into adjacent text, or too small to read. Insider Bars Volume Profile solves these issues, with automatic font and histogram sizing. The display is automatically resized based on user parameters and the data shown on the chart. If text is too small to read, it is hidden and only histograms are shown. And if you resize the chart or otherwise change it so that text may be displayed at a legible size, it reappears. The above chart shows a histogram display, with the inset showing the display including text. If you increase the bar spacing so less data is shown on the chart, the text appears; decrease spacing and it disappears out of your way. And all this happens automatically.
If you are trading without Insider Bars then you are trading blindfolded. Seeing where high volume is at certain areas of the bars gives you a footprint on what is actually going on at a support or resistance Level.