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< Back This is a Title 01 This is placeholder text. To change this content, double-click on the element and click Change Content. This is placeholder text. To change this content, double-click on the element and click Change Content. Want to view and manage all your collections? Click on the Content Manager button in the Add panel on the left. Here, you can make changes to your content, add new fields, create dynamic pages and more. You can create as many collections as you need. Your collection is already set up for you with fields and content. Add your own, or import content from a CSV file. Add fields for any type of content you want to display, such as rich text, images, videos and more. You can also collect and store information from your site visitors using input elements like custom forms and fields. Be sure to click Sync after making changes in a collection, so visitors can see your newest content on your live site. Preview your site to check that all your elements are displaying content from the right collection fields. Previous Back To List Download File Next

This page covers our privacy policy, which describes what data we collect on those who come to our site and how we protect that data and the privacy of those who come to our site. S&D Software, Inc. Website Privacy Policy General Disclaimer. S&D Software, Inc. (“S&D Software ”) is committed to protecting your privacy and developing or utilizing technology that gives you a safe online experience. This Privacy Policy (“Privacy Policy ”) applies to the S&D Software website(s), including but limited to S&D Software’s website located at: https://www.sndsoftware.com , and includes, without limitation, related websites, mobile applications, S&D Software profiles on social media sites [1 ] and all other digital services and properties operated or used by S&D Software (collectively referred to as the “Sites ”). By using the Sites, you agree to comply with and be bound by this Privacy Policy and S&D Software’s website Terms and Conditions (“Terms and Conditions ”). Please read this Privacy Policy and the Terms and Conditions carefully. If you do not agree to both this Privacy Policy and the Terms and Conditions, you must immediately terminate your use of the Sites. 1. S&D Software Privacy Policy Overview . This Privacy Policy explains how S&D Software may collect, use, share, and safeguard information learned or derived from, located on, or related to, the Sites from time to time. This Privacy Policy is meant to provide guidance to our clients and prospective clients in an easy to understand format. If you have questions or concerns, please contact S&D Software’s Privacy Officer/data protection officer (“DPO ”) at: admin@sndsoftwware.com . 2. Amendments . S&D Software reserves the right to amend this Privacy Policy and/or the Terms and Conditions at any time, for any reason, and with or without notice to you. 3. Consent; Your Rights . a. When commercially practical, or as required by law, S&D Software will obtain your consent to collect, use, process, or disclose personal information (including Personally Identifiable Information and Non-Personal Data, as those terms are defined below). S&D Software may collect, use, process, or disclose personal information with or without your consent: (i) when the collection, use or disclosure of personal information is permitted or required by law; (ii) in an emergency that threatens an individual’s life, health, or personal security; (iii) when the personal information is available from a public source; (iv) when S&D Software or its affiliates require legal advice from an attorney; [1] This Privacy Policy applies to S&D Software “profiles” on social media sites which are comprised of the intellectual property of S&D Software, but do not apply to social media hosting sites like Twitter, Facebook, or Instagram, all of which have their own privacy statements or policies. S&D Software encourages you to review the privacy policies for social media hosting sites if you use such sites. (v) for the purposes of collecting a debt; (vi) to assist S&D Software and its affiliates in loss prevention and to protect S&D Software and its affiliates from fraud; (vii) to create, develop, operate, deliver, and improve our products, services, content and advertising; or (viii) to investigate an anticipated breach of an agreement or a contravention of law. b. Consent may be provided orally, in writing, electronically, through an authorized representative or affiliate, or it may be implied where the purpose for collecting, using or disclosing the personal information would be considered obvious and you voluntarily provide personal information for that purpose. c. Consent may also be implied when you are given notice and a reasonable opportunity to opt-out of providing personal information being used for mail-outs, marketing, or other S&D Software functions, and you do not opt-out. d. You may have a right under the European Union General Data Protection Regulation 2016/679 of 2018 (“GDPR ”) to: (i) withdraw consent; (ii) request your Personally Identifiable Information (defined below) previously collected by S&D Software; or (iii) pause any data processing relating to your Personally Identifiable Information in the event you object to it. If you are subject to GDPR (if you are a resident of a jurisdiction subject to GDPR protections and are also using the Sites within a jurisdiction subject to GDPR protections) and would like to exercise any of the options listed in this subsection, please contact S&D Software’s Privacy Officer. e. In the event you are a resident of a jurisdiction subject to GDPR protections and are also using the Sites within a jurisdiction subject to GDPR protections, S&D Software will ensure your consent is consistently accurate with your most up-to-date information and the purpose for which the data is being used. If either of those changes, S&D Software will make a new request for your consent. f. California Consumer Privacy Act. These disclosures for California residents apply only to individuals who reside in California. The California Consumer Privacy Act of 2018 (“CCPA” ) and California Privacy Rights Act (“CPRA ”) may provide additional rights to know, delete and opt out, and may require some applicable businesses collecting or disclosing Personal Information to provide notice of rights California residents have and can exercise. By voluntarily providing notice of and explaining some of these rights, S&D Software in no way acknowledges or consents to being subject to either the CCPA or CPRA, and expressly disclaims applicability of CCPA or CPRA to its business based on small business exemptions to both laws. (i) Notice of Collection and Non-Collection. (a) S&D Software may have collected information corresponding to the following categories of information enumerated in the CCPA. Identifiers , including name, address, email address, account name, Social Security Number, IP address - and an ID number assigned to your account. Customer records , phone number, billing address, credit or debit card information, employment or education information. Demographic information , such as your age or gender. This category includes pieces of Personal Information that also qualify as protected classification characteristics under other pre-existing California or federal laws. Analytics and Advertising , including purchases and engagement with the Services. Internet activity , including history of visiting and interacting with our Service, browser type, browser language and other information collected automatically. Geolocation data , including location enabled services such as Wi-Fi and GPS. Inferences , including information about your interests and preferences. (b) S&D Software will not intentionally collect the following categories of information enumerated in the CRPA: Sensitive Personal Information , including biometric data, social security numbers, driver’s license numbers, geolocation data, race, ethnicity, religious or philosophical beliefs, union membership, content of nonpublic communications, genetic data, or sex life or sexual orientation information. S&D Software may collect and use some categories of Personal Information in (a) above for the business purposes described in this Privacy Policy. S&D Software will not intentionally collect or use any of the categories of Personal Information in (b) above. S&D Software does not generally sell information. However, to the extent S&D Software “sells” information under the CCPA, if required, we will comply with applicable law as to such activity. S&D Software may disclose the following categories of information for commercial purposes: Commercial Information; Demographic Data; Location Data; Identifiers; Inferences; and Internet activity. We may use and/or partner with different types of entities to assist with our daily operations and manage our Service. (ii) Right to Know and Delete. If you are a California resident, you have the right to know certain information about our data practices in the preceding 12 months. You may request the following from us: The categories of Personal Information we have collected about you; The categories of sources from which the Personal Information was collected; The categories of Personal Information about you we disclosed for a business purpose or sold; The categories of third parties to whom the Personal Information was disclosed or sold; The business or commercial purpose for collecting or selling the Personal Information; and The specific pieces of Personal Information we have collected about you. In addition, you have the right to delete the Personal Information we have collected from you. However, this is not an absolute right and we may have legal grounds for keeping such data. To exercise any of these rights, please submit a request to S&D Software’s DPO at admin@sndsoftwware.com . In the request, please specify which right you are seeking to exercise and the scope of the request. We will confirm receipt of your request within 10 days. We may require specific information from you to help us verify your identity and process your request. If we are unable to verify your identity, we may deny your requests. (iii) Authorized Agent. You can designate an authorized agent to submit requests on your behalf. However, we will require written proof of the agent’s permission to do so and verify your identity directly. (iv) Right to Non-Discrimination. You have the right to non-discriminatory treatment by us, should you choose to exercise any of your rights. (v) Shine the Light. Clients who are residents of California may request: a list of the categories of Personal Information disclosed by us to third parties during the immediately preceding calendar year for those third parties’ own direct marketing purposes, and (ii) a list of the categories of third parties to whom we disclosed such information. To exercise a request, please contact us at admin@sndsoftwware.com . Requests must include “California Shine the Light Request” in the subject line and include your name, street address, city, state, and ZIP code. We may require additional information from you to allow us to verify your identity and are only required to respond to requests once during any calendar year. Please note that S&D Software is not required to respond to requests made by means other than through the provided email address or mail address (below). g. We may decline to process any requests that are frivolous/vexatious, jeopardize the privacy of others, are extremely impractical, or for which access is not otherwise required by law. We may also decline aspects of deletion or data access requests if we believe doing so would undermine our legitimate use of data for anti-fraud and security purposes. 4. Information S&D Software May Collect. a. Personally Identifiable Information : We may collect information that identifies you (“Personally Identifiable Information ”) when you contact us, or otherwise interact with S&D Software, including, but not limited to, applying for any membership, enrollment, or subscription in any S&D Software program or service, registering for a S&D Software event or program, and/or purchasing or licensing S&D Software products or services on the Sites. Types of Personally Identifiable Information collected may include your name, address, phone number, birth date, occupation/job title, billing and delivery information, email address, credit card, or other financial account information. Specific Personally Identifiable Information regularly collected by S&D Software from subscribers, purchasers, or licensees to or of S&D Software services include, but are not limited to: (i) Client first and last name, phone number, and email address; (ii) Business/Employer name, phone number, and email address (only as applicable); and (iii) Client billing information, credit card information, and/or financial account information. b. Non-Personal Data : As you interact with our Sites, we may collect information about your browsing history or certain other information that is not Personally Identifiable Information through your use of and visits to the Sites and our use of a variety of technologies, including, but not limited to, cookies (explained below), tags, beacons, Internet Protocol (IP) addresses, and other tools. The types of Non-Personal Data collected on our Sites, and other tools as S&D Software may add from time to time, include, but are not limited to the following: the search terms you used, new or returning user, browser information, computer type, operating system, internet service provider(s), website usage, referring/exit pages, platform type, date/time stamp, number of clicks, and ads viewed. Additionally, cookies, tags and other tools placed by third parties may collect other information about you and your visits to the Sites and elsewhere on the Internet (collectively, all of the foregoing data is referred to as the “Non-Personal Data ”). 5. Overview: How S&D Software May Use or Process Personally Identifiable Information and Non-Personal Data . a. S&D Software’s Use of Your Personally Identifiable Information and Non-Personal Data . Once collected, we may use your Personally Identifiable Information and/or Non-Personal Data in a variety of ways including, but not limited to: (i) Provide service communications such as bill reminders, order confirmations, license terms or license term updates, program registrations, and customer service messages; (ii) Respond to your emails or online requests for products, services, or information; (iii) Deliver or process surveys; (iv) Personalize and improve the usability of the Sites; (v) Fulfill or deliver S&D Software products and services; (vi) Tailor content for the Sites, and S&D Software, affiliate, and third-party advertising and marketing; (vii) Share Personally Identifiable Information with third parties as required by law; (viii) Share your email address as permitted under the S&D Software “Sharing Your Email Address” policy described below; (ix) Share your Non-Personal Data with our affiliates or other third parties; and (x) Share your Non-Personal Data for the purposes of targeted advertising via Google AdSense or similar services. b. Sharing Your Personally Identifiable Information to Perform Business Functions . When S&D Software fulfills service requests initiated by you, we may share your Personally Identifiable Information with certain third parties to fulfill the requests or share such information with service providers that perform business functions for us. S&D Software may occasionally hire other companies to provide limited services on our behalf including, but not limited to, internet or software related services, packaging, mailing and delivering promotional offers, answering customer questions about products or services, sending postal mail and processing registrations. In such cases, S&D Software may share your Personally Identifiable Information to the extent permitted by applicable law. c. Sharing Your Personally Identifiable Information When Legally Necessary or to Protect S&D Software’s Interests . S&D Software may disclose your Personally Identifiable Information if required to do so by law or in the good-faith belief that such action is necessary to: (i) conform to legal requirements or comply with legal process served on S&D Software; (ii) protect and defend the rights or property of S&D Software; or (iii) protect the personal safety of S&D Software personnel or members of the public in appropriate circumstances. In addition, if S&D Software and/or its assets (or a portion of its assets) are sold, assigned, transferred, or merged, or if S&D Software undergoes some other change including a change to its corporate form as part of a bankruptcy proceeding or otherwise, Personally Identifiable Information or Non-Personal Data may be transferred as part of that transaction or change. d. Sharing Your Email Address . Your email address will only be used by S&D Software, its affiliated entities, and third-party service providers (only as necessary to perform services you request) and will not be sold to anyone outside S&D Software. As such, S&D Software will refrain from sharing email addresses to unrelated third parties except to: (i) enable S&D Software to take security measures to help protect against unauthorized access to or unauthorized alteration, disclosure, or destruction of data; or (ii) perform certain services on our behalf, such as packaging, mailing and delivering products and processing event registrations and to respond to your service requests. e. You can manage your profile and email preferences, including opting out of email either online or by contacting S&D Software’s Privacy Officer/DPO at: admin@sndsoftwware.com . f. S&D Software will retain your Personally Identifiable Information for the period necessary to fulfill the purposes outlined in this Privacy Policy. When assessing these periods we carefully examine our need to collect Personally Identifiable Information at all – if we establish a relevant need we only retain it for the shortest possible period to realize the purpose of collection unless a longer retention period is required by law. 6. How S&D Software May Use Non-Personal Data . a. S&D Software’s Use of Your Non-Personal Data . We may collect Non-Personal Data to improve the usability of our Sites/services and for other business purposes. We may share the Non-Personal Data we collect with third parties and/or permit third parties to place tools like cookies, tags and web beacons, and collect additional Non-Personal Data when you browse our Sites. S&D Software or other third-party companies may then use the Non-Personal Data to provide general advertisements and targeted advertisements to you (ads based on the Non-Personal Data); for example, S&D Software may use Google AdSense for such general and targeted advertisements (detailed further in the following subsection). However, S&D Software will refrain from sharing any Personally Identifiable Information with third parties with whom we share your Non-Personal Data. b. Use of Google Analytics® and/or Similar Services . We may implement Google Analytics features based on Display Advertising (Google Analytics Demographics and Interest Reporting). You can opt-out of Google Analytics for Display Advertising and customize Google Display Network ads using the Ads Settings. In addition, you can use the Google Analytics Opt-Out Browser Add-on to disable tracking by Google Analytics. We will use the data provided by Google Analytics Demographics and Interest Reporting to develop the site and content around our users’ interests and to help refine our advertising strategies. c. How You Can Manage Collection of Non-Personal Data . Third-party advertising companies may collect data about your visit to our Sites and others; this is referred to as “Online Behavioral Advertising”. You may opt out from this collection and use of data by companies participating in the Digital Advertising Alliance (“DAA ”) on the “Opt Out from Online Behavioral Advertising” website, located at: http://optout.networkadvertising.org or http://www.networkadvertising.org/managing/opt_out.asp . d. Third-Party Requests; Use or Analysis of Data. (i) We may disclose your personal information, including Personally Identifiable Information and Non-Personal Data, upon government demand in the form of a court order or subpoena, when otherwise required by law, to enforce the policies herein, or to protect S&D Software personnel, property, or safety; (ii) We may share your personal information, including Personally Identifiable Information and Non-Personal Data, to prevent illegal use of our products or services, or to defend S&D Software against any third-party claims; (iii) We may transfer your personal information, including Personally Identifiable Information and Non-Personal Data, to a third party in whole or in part as part of a merger, acquisition, or similar transfer or assignment of assets; and (iv) We may transfer your personal information, including Personally Identifiable Information and Non-Personal Data, to third-party service providers to conduct or improve S&D Software business operations or the Sites, or for any business purpose, including, but not limited to credit card processing, shipping, data management, email distribution, marketing research, information analysis and promotions management. 7. Information Security. a. S&D Software implements security measures as commercially reasonable to help protect against unauthorized access to or unauthorized alteration, disclosure, or destruction of data, and restricts access to personal information to certain companies who may need to know that information in order to operate, develop, or improve services. b. Although S&D Software uses commercially reasonable security measures, data transmission over the Internet can never be guaranteed to be absolutely secure. S&D Software cannot guarantee or warrant the security of any information transmitted by you, or to or from our online products or services. c. In the event of an information security breach relating to the S&D Software Sites and the breach involves your Personally Identifiable Information, S&D Software will notify you as quickly as is commercially reasonable, and, if applicable, will notify applicable local data protection authorities, as that term is defined in GDPR, of the breach within seventy-two (72) hours of discovery. 8. Your Username and Password . You are responsible for all actions taken with your username and password. Do not share your username or password with anyone else, as it is only for you. Sharing your username or password will automatically give S&D Software the right to deactivate your account and/or deny access to the Sites. For your protection, do not disclose your username or password to anyone. 9. Use of Cookies. a. The S&D Software Sites use “cookies” to help you personalize your online experience. A cookie is a small piece of data in the form of a text file that is sent from a web page server and placed on your hard drive. Cookies cannot normally be used to run programs or deliver viruses to your computer. Cookies are uniquely assigned to you and can only be read by a web server in the domain that issued the cookie to you. b. One of the primary purposes of cookies is to provide a convenience feature to save you time. The purpose of a cookie is to track your activities on a website (e.g., pages visited, links clicked on, etc.), and to record information about your use of the website so when you return to the site, customized features can be provided. For example, when you sign into the Sites, a cookie helps the Sites recall your specific information on subsequent visits. This simplifies the process of recording your personal information for access to S&D Software products and/or services. c. You have the ability to accept or decline/disable cookies. Most web browsers automatically accept cookies, but you can usually modify your browser setting to decline or disable cookies if you prefer. If you choose to decline/disable cookies, you may not be able to fully experience the interactive features of the websites you visit, including the Sites. 10. Children's Privacy . a. Because we care about the safety and privacy of children online, we comply with the Children’s Online Privacy Protection Act of 1998 (“COPPA ”). COPPA and its accompanying regulations protect the privacy of children using the Internet. S&D Software does not knowingly contact or collect personal information from children under 13. The S&D Software Sites are only directed toward adult users and are not intended to solicit information of any kind from children under 13. Similarly, S&D Software complies with the provisions in GDPR regarding privacy of children and does not solicit information of any kind from children under 16 in jurisdictions subject to GDPR. b. It is possible that by fraud or deception we may receive information pertaining to children under 13, or equivalent minimum age depending on jurisdiction (under 16 in the case of jurisdictions subject to GDPR, for example). If we are notified of this, as soon as we verify the information, we will immediately obtain parental consent or otherwise delete the information from our servers. If you want to notify us of our receipt of information by children under 13, or equivalent minimum age depending on jurisdiction, please do so by sending an email to S&D Software’s Privacy Officer/DPO at: admin@sndsoftwware.com . 11. Social Media and Third-Party Websites . S&D Software may use social media tools and websites to interact with its customers and resource partners (e.g., Facebook, Twitter, Instagram, Tumblr, Pinterest, LinkedIn, etc.). Social media websites may be used to advertise or publicize S&D Software products and services, and/or engage with members of the public. S&D Software may use third-party websites to solicit and collect personal information from individuals. In limited circumstances, personal information collected by a third-party website, including Apple Inc.’s App Store and Google LLC’s Google Play (where S&D Software Mobile Apps are or may in the future be sold) may be transmitted to S&D Software unless prohibited by applicable law. As is mentioned in a footnote above, S&D Software’s privacy and other web policies generally do not apply to these third-party sites and we encourage you to read the policies of the third-party site when deciding whether to use it. 12. Links to Other Sites . The S&D Software Sites may contain links to websites of other organizations. S&D Software does not directly endorse any of these websites or organizations. When you follow a link to another site, you leave the Sites and your website interactions are no longer protected by this Privacy Policy. S&D Software is not responsible for, and does not endorse the privacy, security practices, or content of sites to which the Sites link, including but not limited to any content or information on such sites. 13. Changes to This Privacy Policy . S&D Software will occasionally update this Privacy Policy to reflect updates to data privacy laws, and company and customer feedback. S&D Software encourages you to periodically review this Privacy Policy as may be modified from time to time. Your continued use or accessing of the Sites following the posting of changes to this Privacy Policy will be deemed your acceptance of such changes. 14. Contact Information. S&D Software welcomes your comments regarding this Privacy Policy. If you have comments or would like to contact us, please contact S&D Software’s Privacy Officer at: admin@sndsoftwware.com . Copyright © 2021 S&D Software, Inc. All rights reserved. This document was last updated on September 1, 2021.

This page describes, in detail, the Tools for Traders Ultimate Edition, by S&D Software, Inc. This entry in the Tools for Traders lineup provides tools to assist in Supply & Demand analysis, trend analysis, session analysis, price action analysis, reversion to the mean analysis & backtesting. For the convenience of the trader it also finds swing highs & lows, basing candles, base highs & lows, curve, and both the Candle in Control High & Low. Spend more time trading and less time charting! Tools created by traders for traders! Ultimate Edition Maximize your trading with advanced analytics that are automated, objective, and consistent by adding back testing and logging. Get Started with a Free Trial Table of Contents Download Overview PDF Chart Tool Ultimate Session Tool Trade Finder Pattern Finder Snapback Price Direction Pressure Index (PDPI) Why Choose the Ultimate Edition? Optimize your Trading! Optimizing your trading requires the ability to measure your trading system's performance. Back testing and forward testing are ways to measure your trading system's performance. Back testing is generally faster and more flexible than forward testing. This edition of Tools for Traders adds back testing and logging support to the extensive capabilities of the Standard Plus Edition, which supports both Supply & Demand and Traditional/Technical Analysis trading styles. This is the ultimate edition we offer! Chart Tool Ultimate Down Down Down The Chart Tool Ultimate can find and mark on your charts: Swing Highs and Lows Basing Candles Base Highs and Lows Candle in Control High and Low Segments Trend (Major and Minor) Curve Supply and Demand Bands Additional features: Supports Optimized Settings Files (OSF files) Can use Pro OSF files for pre-canned configurations Supports the creation and use of Personal OSF files Supports sharing settings between Chart Windows Supports back testing and logging Swing Highs and Lows Swing Highs are indicated by placing a red dot above the swing high candle Swing Lows are indicated by placing a green dot below the swing low candles The size, color, and position of the dots used to mark swings are user configurable Basing Candles, Base Highs, Base Lows Basing Candles Are marked on the chart with a tick mark in the center of the candle. The default color for the tick mark is yellow, but the user can select any supported color. The user can choose to mark all basing candles or only those which are not nested. Base Highs and Lows Base Highs are marked with dashed red line. When a base high is broken, its color can be changed (magenta is used in the example) or it can be removed from the chart. Base Lows are marked with a dashed green line. When a base low is broken, its color can be changed (cyan is used in the example) or it can be removed from the chart. The length of the marker line used for a Base High or Base Low is determined by the length of the base that was broken. Candle in Control High and Low Candle in Control High and Low Marked on the chart using a text label User can control the color, font, and font size of the labels Updated dynamically as market conditions change An alert can be generated when either the CIC High or CIC Low changes Segments Segments form the low level trend (microtrend) for the chart Can be shown on the chart using trend lines or Bull & Bear boxes If shown using trend lines then A segment can be labeled with its length The average length and/or standard deviation in length for segments of the same type can be included in the label Segments with unusually long or short lengths can be automatically identified and are indicated by changing the color of their labels Trend The impulse and corrective moves of the major trend for the interval can be marked using trend lines, Bull &Bear boxes, or both If shown using lines, then An impulse or corrective move can be labeled with its length The average length and/or standard deviation in length for impulse/corrections of the same type can be included in the label Unusually long or short impulse/corrections can be automatically identified and are indicated by changing the color of their labels Curve Based on the Candle in Control High and Low Can be divided into arbitrarily sized parts Updated dynamically as market conditions change An alert can be generated whenever the curve changes. Supply and Demand Bands More than 30 rules are used to find supply and demand bands. 29 of the rules are under user control. Band Origin showing the pattern that created the band will be marked Supply bands are marked with a dot- dash pattern while demand bands are marked with solid lines so they are easy to tell apart Bands are colored to show, at a glance, how far price has penetrated the band (light blue for areas price has not reached, light red for areas that price has retested) The amount of time that a broken band is displayed on the chart is under user control Supply and Demand bands can be labeled with the date/time the band was created, the percent of the band that has been penetrated, the width of the band in dollars, as well as the price level of the proximal and distal lines of the band OSF File Support Supports Optimized Settings Files (OSF files) Can use Pro OSF files for pre-canned configurations Can create and use Personal OSF files for user defined configurations Personal OSF files allow the user to associate settings with a specific market, or interval, or market on an interval and have the Chart Tool automatically use those settings when the associated market /interval combination is being charted Personal OSF files can be layered on top of Pro OSF files to modify pre-canned configurations to the user’s needs OSF files can be used to ensure that multiple tools use the same settings when looking at the same markets (ex. Chart Tool, Trade Finder, and Pattern Finder can use the same OSF files) Makes it easy to share settings with others or deploy standardized settings across multiple systems OSF files can be used with the backtesting features of the Chart Tool to create standardized backtests that can be stored and run whenever the user needs them Sharing Settings Between Charts Supports sharing settings between Chart Windows Allows the settings used by a designated Chart Tool (the “sender”) to become the default settings for Chart Tools used in other chart windows (the “receivers”) There can be multiple Chart Tools acting as “senders”, and there can be multiple Chart Tool “receivers” assigned to each “sender” Can be used to let one Chart Tool act as a control point for multiple other Chart Tools In Chart Tools receiving shared settings: Settings may be received from only a single sender A Chart Tool which is receiving settings may not also be a sender of settings Personal OSF files can be layered on top of the shared settings to customize the settings used by a specific Chart Tool Manual overrides can be used to override specific shared settings (as well as settings from an OSF file) to customize/fine tune the settings used by a specific Chart Tool Can be used with the backtesting features in the Chart Tool to control and coordinate multiple backtests being run simultaneously Backtesting Support Allows basic Supply & Demand Band performance to be conveniently, objectively, and consistently measured Allows users to optimize their settings to improve their results on the markets they trade The Chart Tool creates a summary of the test results (as shown) and can also output the raw data for the backtest in either a human readable or a spreadsheet friendly format Works with OSF files so that pre- canned backtests can be created, stored, and run whenever the user desires Personalize your Charts Combine Chart Tool features to create the charts you need! Display just the information you want or need for the strategies you are using Customize the look and feel of your charts to convey information as quickly and easily as possible Spend less time charting and more time on other aspects of your trading! Session Tool Down Down Down The Session Tool can be used to provide the trader with pertinent information to assist with strategies and reduce the time spent on charting The Session Tool allows the user to define a session to be displayed on their chart. A session is a period of time during the day, and all candles which close during that time are considered to be part of the session. A session may correspond to a real world entity (such as the time period when the stock market is open), or it may be something which has no correlation to any real world entity or event that the user has created for their own use (such as for open range breakouts). So the definition and meaning of a session is entirely up to the user. The Session Tool is capable of collecting some statistics about a session, such as: The range of the session The average and standard deviation of range for sessions The length, average, and standard deviation of the distance from the open to the high for sessions The length, average, and standard deviation of the distance from the open to the low for sessions These statistics can be used to predict possible behavior for future sessions, or be used for other purposes, such as calculating a value for a strategy. The Session Tool can be used to project lines on the user’s chart. These lines may be for reference (such as prior daily/weekly/monthly/yearly highs and lows) or be calculated values for use with a strategy. Alerts can be generated when these lines are crossed. The Session Tool supports OSF files. The Session Tool can use Pro OSF files. Pro OSF can be used to configure the Session Tool for use with a specific strategy or trading style. The Session Tool can create and use Personal OSF Files to associate settings with specific markets or intervals (or a combination of both), and then automatically use those settings when the associated market, interval, or combination of market and interval is being charted. The Session Tool can use both Pro OSF and Personal OSF files simultaneously, in which case the Personal OSF file will be layered on top of the Pro OSF file. What is a Session? The Session Tool allows the user to define a session to be displayed on their chart. A session is a period of time during the trading day, and all candles which close during that time are considered to be part of the session. A session may correspond to a real world entity (such as the time period when the stock market is open), or it may be something which has no correlation to any real world entity or event that the user has created for their own use (such as for open range breakouts). So the definition and meaning of a session are entirely up to the user. The Session Tool is capable of collecting some statistics about a session: The range of the session The average and standard deviation of range for sessions The length, average, and standard deviation of the distance from the open to the high for sessions The length, average, and standard deviation of the distance from the open to the low for sessions These statistics can be used to predict possible behavior for future sessions, or be used for other purposes, such as calculating a value for a strategy. Projecting Lines on a Chart The Session Tool can be used to project lines on the user’s chart. These lines may be for reference (such as prior daily/weekly/monthly/yearly highs and lows) or be calculated values for use with a strategy. Alerts can be generated when these lines are crossed. Overall, the Session Tool can be used to provide the trader with pertinent reference information, to assist the trader with certain strategies, and to reduce the time spent on charting. OSF File Support Supports Optimized Settings Files (OSF files) Can use Pro OSF files for pre-canned configurations Can create and use Personal OSF files for user defined configurations Personal OSF files allow the user to associate settings with a specific market, or interval, or market on an interval and have the Chart Tool automatically use those settings when the associated market /interval combination is being charted Personal OSF files can be layered on top of Pro OSF files to modify pre-canned configurations to the user’s needs Personal OSF files make it easy to share settings with others or deploy standardized settings across multiple systems Sharing Settings Between Charts Supports sharing settings between Chart Windows Allows the settings used by a designated Session Tool (the “sender”) to become the default settings for Session Tools used in other chart windows (the “receivers”) There can be multiple Session Tools acting as “senders”, and there can be multiple Session Tool “receivers” assigned to each “sender” Can be used to let one Session Tool act as a control point for multiple other Session Tools In Session Tools receiving shared settings: Settings may be received from only a single sender A Session Tool which is receiving settings may not also be a sender of settings Personal OSF files can be layered on top of the shared settings to customize the settings used by a specific Session Tool Manual overrides can be used to override specific shared settings (as well as settings from an OSF file) to customize/fine tune the settings used by a specific Session Tool Trade Finder Down Down Down The Trade Finder is a tool designed to assist the user in finding Supply and Demand style trading opportunities. Supply and Demand style trades begin with price returning to a supply or demand band. The supply or demand band which price is returning to becomes the entry point for a trade. The Trader will have to specify what makes a supply or demand band acceptable as the entry point for a trade, as well as certain characteristics of the trade they desire, so that the Trade Finder knows what to look for. Some of the things that the Trade Finder allows the Trader to specify are: Proximity – How close must price be to a supply or demand band in order for the Trade Finder to consider that band as a possible entry point for a trade. Freshness – A “fresh” band is one which has not been retested by price. The Trader may tell the Trade Finder to only use “fresh” bands as the entry points for trades. Band width – The Trader may specify a minimum band width for supply or demand bands used as the entry point for a trade. Bands not meeting this minimum will be rejected. Curve Position – The Trader may specify what part of the Curve must a supply or demand band be in for it to be considered as a potential entry point for a trade. Reward to Risk Ratio (RR Ratio) – The Trader may specify a minimum acceptable Reward to Risk Ratio for a potential trade to be acceptable. When the Trade Finder finds a supply or demand band which could be the entry point for a trade, it will look for the first opposing band, measure the distance to that opposing band, and then divide that by the width of the entry band to estimate the possible RR ratio. If the estimated RR ratio does not meet the Trader’s requirements, then the potential trade will be rejected. Since the Chart Tool and the Trade Finder both use the same engine for finding supply and demand bands, all of the settings found in the Chart Tool for controlling the discovery and management of bands are available in the Trade Finder. The Trade Finder can use OSF files generated for the Chart Tool. The use of OSF files can help ensure that, when the Chart Tool and Trade Finder are both looking at the same market, they are using the same setting. Outputs The Trade Finder can issue an alert when it finds a potential trade that meets all of the requirements it was given. The Trade Finder provides the following information about any potential trade it has found which meets the requirements it was given: Requested Proximity CIC High and Low Was a short trade or a long trade found The proximal and distal lines of both the entry band and the target band for the trade The value of the entry and target bands is provided in dollars instead of points How far price has previously penetrated both the entry and target bands for the trade The date and time for the formation of both the entry and target bands for the trade Example of the Trade Finder used in a TradeStation® RadarScreen® Pattern Finder Down Down Down The Pattern Finder is a pattern matching tool. It understands the four classic Supply & Demand patterns (DBR, RBR, RBD, DBD) and can find them individually or in combination. It has, for each pattern, the same settings as the Chart Tool for defining an acceptable pattern of that type. It also has settings to allow the user to define what Supply & Demand pattern, or combination of Supply & Demand patterns, to search for. It can be used in a RadarScreen® to monitor specific markets for the development of specific patterns or combinations of patterns, and it can be used with the TradeStation® Scanner to search for markets where a specific pattern or combination of patterns has occurred. It also supports the OSF subsystem and can use certain OSF files produced by/for the Chart Tool. Some of the key features of this tool are: The Pattern Finder has more than 30 rules per pattern that it uses when looking for acceptable Supply & Demand patterns. There are 29 rules per pattern that are under user control. The Pattern Finder can search for individual Supply & Demand patterns (up to four simultaneously). The Pattern Finder has two built-in compound reversal patterns that it knows how to search for (DBR-RBR, and RBD-DBD), and can search for those simultaneously. The Pattern Finder accepts user defined compound patterns of arbitrary length (ex. DBD-DBD-DBR-RBR-RBR). For compound patterns, the user can place individual limits on how many candles may appear between two consecutive patterns in the compound pattern. For example, if the user wishes to search for a compound reversal pattern consisting of a DBD, followed by a DBR, followed by an RBR, and they wish to limit the number of candles between the DBD and the DBR to no more than 40, and they wish to limit the number of candles between the DBR and the RBR to no more than 25, they can do so. Outputs When the Pattern Finder discovers a matching pattern, it can issue an alert. It will also output the date and time of the leg-out candle of the pattern found and whether the pattern is a supply or demand pattern. The user should carefully examine the pattern found by the Pattern Finder as the tool does not assess the state of the pattern (broken or unbroken). Snapback Down Down Down Exploit "Reversion to the Mean" with Advanced Analytical Capabilities The Snapback Indicator is based upon the concept of "Reversion to the Mean." The basic idea is that price tends to stay near an average value. This average value may change over time, but the average changes at a rate that is slower than what price can do. If price suddenly moves well away from the current average value, then price will move in a way to reduce the distance between itself and the current average. The two most common behaviors we see when price has opened a large gap between itself and its current average, are the snapback and the stall: A snapback occurs when price stops moving away from its current average and instead moves back towards it, often touching or crossing the average. A stall occurs when price moves sideways and waits for the average to close the gap by catching up to price. Unidirectional Mode The Snapback Indicator creates a histogram where the height of the bars in the histogram represent how far away from the mean price currently is. The color of the bars in the histogram indicate how unusual it is for price to be that distance from the mean. Green bars indicate that price is within 1 standard deviation of the mean. This is the “comfort” zone where price normally likes to stay. Yellow bars indicate that price has left the “comfort” zone and is between 1 and 2 standard deviations away from the mean. When the bars are yellow, it is possible to get a snapback or stall. Red bars indicate that price is well away from the “comfort” zone and is between 2 and 3 standard deviations away from the mean. Red bars typically mean that a snapback or stall is likely to happen soon. Magenta bars indicate that price is more than 3 standard deviations from the mean. This is very unusual (extreme!) and typically means that a snapback or stall is almost certainly coming, its just a matter of when. Bidirectional Mode The Snapback Histogram can be displayed in either Unidirectional mode or Bidirectional mode. In Unidirectional Mode, all of the bars point in the same direction and show how far price is from the mean. It does not indicate whether price is above or below the mean. In Bidirectional Mode, the bars of the histogram point in the direction that price will move if a snapback occurs. The bars still show how far price is from the mean, but they now take into account whether price is above or below the mean. In either mode, a signal line may optionally be generated using a moving average of the height of the bars. In Use This chart shows the Snapback indicator in use on the ES (futures) on a 5 minute interval. The Snapback Indicator is set to track the distance from price to the mean as a multiple of the ATR. This helps to adjust for changes in volatility during the trading day. The signal line is turned off. The warn if above line is active and is set to 2. If the distance from price to the mean is above 2 ATR (which means the mean is 2 ATR or more above price), then an alert will be generated. The warn if below line is set to -2. If the distance from price to the mean is below -2 ATR (which means the mean is 2 ATR or more below price), then an alert will be generated. Snapback Scan The Snapback Scan Indicator is a version of the Snapback Indicator which is designed to operate in a TradeStation® RadarScreen® or Scan. By user request, it contains some additional settings not found in the Snapback Indicator which allow the user to tweak the internal workings of the indicator. The Snapback Scan Indicator is intended to be used in conjunction with the Trade Finder, Pattern Finder, and Chart Tool, where it can act as an odds enhancer for the bands or patterns found by those tools. Price Direction Pressure Index (PDPI) Down Down Down The Price Direction Pressure Index (PDPI) is an indicator that examines price movement both within candles and between candles. The price movement it finds is characterized as either upward or downward movement. The upward movement and downward movement are processed independently of each other and can be displayed independently, together, or as a composite index. The values displayed can be either raw or as an index with a range of 0 to 100. Statistics are used to convert raw values to index values when index values are required. When the PDPI is showing the composite index, values below 50 indicate that there is more pressure on price to go down than up, and values over 50 indicate that there is more pressure on price to go up than down. The PDPI is primarily used on Time based, Tick based, or Share based charts. The Composite Index The PDPI in use on the NO (futures) for 12-20-2023 on a 1597 tick chart. Some areas of divergence have been marked. Divergence is usually a sign that support for the current move in price is changing. Upward & Downward Pressure The PDPI in use on the NQ (futures) for 12-20-2023 on a 1597 tick chart. In this example, the PDPI is showing the upward (green) and downward (red) pressure individually. Combined Display The PDPI in use on the MNQ (futures) for 3-27- 2024 on a 987 tick chart. In this example, the PDPI is showing the up pressure index (dark solid green line), down pressure index (solid red line), and the composite pressure index (light green dot-dash line) as well as some divergences. The divergences show that the support for the current price move is changing. Why Choose the Ultimate Edition? Down Down Is the Ultimate Edition Right for me? Our Ultimate Edition is more in line with your needs if you intend to back test and/or log your Supply and Demand bands . Our Ultimate Edition is the Standard Plus Edition with the ability to back test (measure the performance of) the Supply and Demand bands found. This allows you to tune/optimize the performance of the Supply and Demand bands found for the specific markets you trade and strategies you use. The back testing and logging capabilities are fully integrated into the OSF subsystem allowing pre-canned test configurations and simultaneous test execution. Also, please feel free to join us in The Foundry . The Foundry is free and is open to all traders for trading related activities. Get Started with a Free Trial Download Overview PDF Download the Ultimate Edition Overview PDF Download Explore Other Editions Basic Edition A Solid Foundation for New Traders Dive into Supply & Demand trading with essential tools that streamline decision making. Explore Basic TA Edition Optimized for Traditional Technical Analysis Optimized for classic trading styles focusing on trend analysis and breakout strategies. Explore TA Standard Edition Advanced Features for Supply & Demand Traders Expand your analytical capabilities with more complex tools and customizations. Explore Standard Standard Plus Edition Comprehensive Tools for Serious Traders Leverage sophisticated analyses and patterns for detailed market insights. Explore Standard Plus The Foundry Join a collaborative community of active traders for growth, support, and lasting camaraderie. While membership is not required to access The Foundry and participate in sessions, membership is required to access the Foundry Blog, Forum, File Access Server, and Discussion Group. Learn More Answers to your questions Here are some answers to commonly asked questions: How do I get started? To get started, you should register on the website . Before selecting a Tools for Traders edition, you may wish to attend one or more of the Tools for Traders Public Forums where you can see the Tools in action, ask questions, and meet the Community. These are held in The Foundry and are listed on the Community Events Calendar . The Foundry is free and open to all traders for trading related activities. What tools do you offer? We offer a range of leading edge tools which provide pertinent information and real-time market analysis
which can be customized to support your trading strategies. Is my data secure? Yes, we take data security seriously. We use industry-standard encryption and follow strict privacy protocols to ensure the safety and confidentiality of your information. Can I cancel my subscription? Monthly subscriptions can be canceled. A monthly subscription should be canceled at least 48 hours before the renewal date to allow for proper processing. Yearly subscriptions, due to the discounts given, are paid in full in advance and can not be canceled.

This page contains the event calendar for The Foundry. Here you can see what events have been scheduled. For each event there will be a name, description, start time, expected duration, and what breakout room the event will be in. Events in The Foundry are free to attend -- no registration is required! Search The Community Events Calendar Request To Have Your Sessions Added To The Calendar Book Time In A Breakout Room Click here to enter The Foundry May 2026 Today Sun Mon Tue Wed Thu Fri Sat 26 27 28 8:00 PM Nibbles Research, Development, & Trading 29 8:30 PM Tools for Traders Public Forum 30 1 7:00 PM Nibbles Research, Development, & Trading 2 11:30 AM Tools for Traders Public Forum 3 4 5 8:00 PM Nibbles Research, Development, & Trading 6 8:30 PM Tools for Traders Public Forum 7 8 7:00 PM Nibbles Research, Development, & Trading 9 11:30 AM Tools for Traders Public Forum 10 11 12 8:00 PM Nibbles Research, Development, & Trading 13 8:30 PM Tools for Traders Public Forum 14 15 7:00 PM Nibbles Research, Development, & Trading 16 11:30 AM Tools for Traders Public Forum 17 18 19 8:00 PM Nibbles Research, Development, & Trading 20 8:30 PM Tools for Traders Public Forum 21 22 7:00 PM Nibbles Research, Development, & Trading 23 11:30 AM Tools for Traders Public Forum 24 25 26 8:00 PM Nibbles Research, Development, & Trading 27 8:30 PM Tools for Traders Public Forum 28 29 7:00 PM Nibbles Research, Development, & Trading 30 11:30 AM Tools for Traders Public Forum 31 1 2 8:00 PM Nibbles Research, Development, & Trading 3 8:30 PM Tools for Traders Public Forum 4 5 7:00 PM Nibbles Research, Development, & Trading 6 11:30 AM Tools for Traders Public Forum

This page contains a comparison table showing the differences between our products. Edition Comparison Table Tools created by traders for traders! Compare the features of our editions Download the Edition Comparison PDF Feature Basic Edition TA Edition Standard Edition Standard Plus Edition Ultimate Edition Display Standard Deviation for Up Segment Lengths No Yes No Yes Yes Display Segment Lengths No Yes Yes Yes Yes Mark Basing Candles No Yes Yes Yes Yes Trade Finder Tool Included No No No Yes Yes Display Standard Deviation for Down Move Lengths No Yes No Yes Yes Mark Segments Yes Yes Yes Yes Yes Explain System Support No No Yes Yes Yes Identify Unusual Length Segments No Yes No Yes Yes Display Average Down Move Length No Yes No Yes Yes User Controllable Rules per Pattern 0 0 11 29 29 Display Average Down Segment Length No Yes No Yes Yes Snapback Tool Included No Yes Yes Yes Yes Explore Editions Basic Edition A Solid Foundation for New Traders Dive into Supply & Demand trading with essential tools that streamline decision making. Explore Basic TA Edition Optimized for Traditional Technical Analysis Optimized for classic trading styles focusing on trend analysis and breakout strategies. Explore TA Standard Edition Advanced Features for Supply & Demand Traders Expand your analytical capabilities with more complex tools and customizations. Explore Standard Standard Plus Edition Comprehensive Tools for Serious Traders Leverage sophisticated analyses and patterns for detailed market insights. Explore Standard Plus Ultimate Edition Superior Capabilities for Advanced Traders Master the markets with our most powerful suite of trading tools and support. Explore Ultimate

S&D Software Is A Community-Focused Organization Which Leverages Its Communities Wide Breath Of Life Experiences To Help Traders Realize Their Personal Goals. We Invite All To Review Our Disclosure Documents And Public Policy Documents Welcome To The Community We are very excited to have you join the community! Please take a few moments to review our community policies, disclosures, and the social conduct requirements in our community Our Disclosure Documents Privacy Policy View Policy Download Document Risk Disclosure View Policy Download Document Web Site Terms Of Use View Policy Download Document Social Conduct Policy View Policy Download Document User License Agreement View Policy Download Document Testimonial Disclosure View Policy Download Document

This page describes, in detail, the Tools for Traders Standard Edition, by S&D Software, Inc. This entry in the Tools for Traders lineup provides tools to assist in Supply & Demand analysis, trend analysis, session analysis, and reversion to the mean analysis. For the convenience of the trader it also finds swing highs and lows, basing candles, base highs and low, curve, and both the Candle in Control High and Candle in Control Low. Spend more time trading and less time charting! Tools created by traders for traders! Standard Edition A suite of indicators designed for the Supply & Demand trader that is automated, objective, and consistent. Get Started with a Free Trial Table of Contents Download Overview PDF Chart Tool Standard Session Tool Snapback Why Choose the Standard Edition? Advanced Market Analytics Experience leading edge market analysis with our automated, consistent, and objective suite of tools. Spend less time charting and more time trading! Chart Tool Standard Down Down Down The Chart Tool Standard can find and mark on your charts: Swing Highs and Lows Basing Candles Base Highs and Lows Candle in Control High and Low Segments Trend (Major and Minor) Curve Supply and Demand Bands Additional features: Supports Optimized Settings Files (OSF files) Can use Pro OSF files for pre-canned configurations Swing Highs and Lows Swing Highs are indicated by placing a red dot above the swing high candle Swing Lows are indicated by placing a green dot below the swing low candles The size, color, and position of the dots used to mark swings are user configurable Basing Candles, Base Highs, Base Lows Basing Candles Are marked on the chart with a tick mark in the center of the candle. The default color for the tick mark is yellow, but the user can select any supported color. The user can choose to mark all basing candles or only those which are not nested. Base Highs and Lows Base Highs are marked with dashed red line. When a base high is broken, its color can be changed (magenta is used in the example) or it can be removed from the chart. Base Lows are marked with a dashed green line. When a base low is broken, its color can be changed (cyan is used in the example) or it can be removed from the chart. The length of the marker line used for a Base High or Base Low is determined by the length of the base that was broken. Candle in Control High and Low Candle in Control High and Low Marked on the chart using a text label User can control the color, font, and font size of the labels Updated dynamically as market conditions change An alert can be generated when either the CIC High or CIC Low changes Segments Segments form the low level trend (microtrend) for the chart Can be shown on the chart using trend lines or Bull & Bear boxes If shown using trend lines then A segment can be labeled with its length The average length and/or standard deviation in length for segments of the same type can be included in the label Segments with unusually long or short lengths can be automatically identified and are indicated by changing the color of their labels Trend The impulse and corrective moves of the major trend for the interval can be marked using trend lines, Bull &Bear boxes, or both If shown using lines, then An impulse or corrective move can be labeled with its length The average length and/or standard deviation in length for impulse/corrections of the same type can be included in the label Unusually long or short impulse/corrections can be automatically identified and are indicated by changing the color of their labels Curve Based on the Candle in Control High and Low Can be divided into multiple equally sized parts Updated dynamically as market conditions change An alert can be generated whenever the curve changes. Supply and Demand Bands More than 30 rules are used to find supply and demand bands. 11 of the rules are under user control. Band Origin showing the pattern that created the band will be marked Supply bands are marked with a dot- dash pattern while demand bands are marked with solid lines so they are easy to tell apart Bands are colored to show, at a glance, how far price has penetrated the band (light blue for areas price has not reached, light red for areas that price has retested) The amount of time that a broken band is displayed on the chart is under user control Supply and Demand bands can be labeled with the date/time the band was created, the percent of the band that has been penetrated, the width of the band in dollars, as well as the price level of the proximal and distal lines of the band OSF File Support Supports Optimized Settings Files (OSF files) Can use Pro OSF files for pre-canned configurations The user has the ability to control the loading and use of Pro OSF files. The user has the ability to override any setting configured by a Pro OSF file. Personalize your Charts Combine Chart Tool features to create the charts you need! Display just the information you want or need for the strategies you are using Customize the look and feel of your charts to convey information as quickly and easily as possible Spend less time charting and more time on other aspects of your trading! Session Tool Down Down Down The Session Tool can be used to provide the trader with pertinent information to assist with strategies and reduce the time spent on charting The Session Tool allows the user to define a session to be displayed on their chart. A session is a period of time during the day, and all candles which close during that time are considered to be part of the session. A session may correspond to a real world entity (such as the time period when the stock market is open), or it may be something which has no correlation to any real world entity or event that the user has created for their own use (such as for open range breakouts). So the definition and meaning of a session is entirely up to the user. The Session Tool is capable of collecting some statistics about a session, such as: The range of the session The average and standard deviation of range for sessions The length, average, and standard deviation of the distance from the open to the high for sessions The length, average, and standard deviation of the distance from the open to the low for sessions These statistics can be used to predict possible behavior for future sessions, or be used for other purposes, such as calculating a value for a strategy. The Session Tool can be used to project lines on the user’s chart. These lines may be for reference (such as prior daily/weekly/monthly/yearly highs and lows) or be calculated values for use with a strategy. Alerts can be generated when these lines are crossed. The Session Tool supports OSF files. The Session Tool can use Pro OSF files. Pro OSF can be used to configure the Session Tool for use with a specific strategy or trading style. What is a Session? The Session Tool allows the user to define a session to be displayed on their chart. A session is a period of time during the trading day, and all candles which close during that time are considered to be part of the session. A session may correspond to a real world entity (such as the time period when the stock market is open), or it may be something which has no correlation to any real world entity or event that the user has created for their own use (such as for open range breakouts). So the definition and meaning of a session are entirely up to the user. The Session Tool is capable of collecting some statistics about a session: The range of the session The average and standard deviation of range for sessions The length, average, and standard deviation of the distance from the open to the high for sessions The length, average, and standard deviation of the distance from the open to the low for sessions These statistics can be used to predict possible behavior for future sessions, or be used for other purposes, such as calculating a value for a strategy. Projecting Lines on a Chart The Session Tool can be used to project lines on the user’s chart. These lines may be for reference (such as prior daily/weekly/monthly/yearly highs and lows) or be calculated values for use with a strategy. Alerts can be generated when these lines are crossed. Overall, the Session Tool can be used to provide the trader with pertinent reference information, to assist the trader with certain strategies, and to reduce the time spent on charting. OSF File Support Supports Optimized Settings Files (OSF files) Can use Pro OSF files for pre-canned configurations Snapback Down Down Down Exploit "Reversion to the Mean" with Advanced Analytical Capabilities The Snapback Indicator is based upon the concept of "Reversion to the Mean." The basic idea is that price tends to stay near an average value. This average value may change over time, but the average changes at a rate that is slower than what price can do. If price suddenly moves well away from the current average value, then price will move in a way to reduce the distance between itself and the current average. The two most common behaviors we see when price has opened a large gap between itself and its current average, are the snapback and the stall: A snapback occurs when price stops moving away from its current average and instead moves back towards it, often touching or crossing the average. A stall occurs when price moves sideways and waits for the average to close the gap by catching up to price. Unidirectional Mode The Snapback Indicator creates a histogram where the height of the bars in the histogram represent how far away from the mean price currently is. The color of the bars in the histogram indicate how unusual it is for price to be that distance from the mean. Green bars indicate that price is within 1 standard deviation of the mean. This is the “comfort” zone where price normally likes to stay. Yellow bars indicate that price has left the “comfort” zone and is between 1 and 2 standard deviations away from the mean. When the bars are yellow, it is possible to get a snapback or stall. Red bars indicate that price is well away from the “comfort” zone and is between 2 and 3 standard deviations away from the mean. Red bars typically mean that a snapback or stall is likely to happen soon. Magenta bars indicate that price is more than 3 standard deviations from the mean. This is very unusual (extreme!) and typically means that a snapback or stall is almost certainly coming, its just a matter of when. Bidirectional Mode The Snapback Histogram can be displayed in either Unidirectional mode or Bidirectional mode. In Unidirectional Mode, all of the bars point in the same direction and show how far price is from the mean. It does not indicate whether price is above or below the mean. In Bidirectional Mode, the bars of the histogram point in the direction that price will move if a snapback occurs. The bars still show how far price is from the mean, but they now take into account whether price is above or below the mean. In either mode, a signal line may optionally be generated using a moving average of the height of the bars. In Use This chart shows the Snapback indicator in use on the ES (futures) on a 5 minute interval. The Snapback Indicator is set to track the distance from price to the mean as a multiple of the ATR. This helps to adjust for changes in volatility during the trading day. The signal line is turned off. The warn if above line is active and is set to 2. If the distance from price to the mean is above 2 ATR (which means the mean is 2 ATR or more above price), then an alert will be generated. The warn if below line is set to -2. If the distance from price to the mean is below -2 ATR (which means the mean is 2 ATR or more below price), then an alert will be generated. Why Choose the Standard Edition? Down Down Is the Standard Edition Right for me? Our Standard Edition is right for you when your trade plan requires a more sophisticated analysis of price action. The Standard Edition provides more control over how Supply and Demand Bands are found. It provides a deeper analysis of trend by tracking and optionally displaying the lengths of the moves within the major and minor trend, the Candle in Control (CIC) High and Low as well as the Curve. In addition to displaying Swing Highs and Swing Lows, Basing candles, Base Highs and Base Lows can be displayed on the chart. Finally, to round out this package, Reversion to the Mean and Session analysis are included. So, if you are a Supply and Demand trader that uses any of these items then the Standard Edition may be right for you. Also, please feel free to join us in The Foundry . The Foundry is free and is open to all traders for trading related activities. Get Started with a Free Trial Download Overview PDF Download the Standard Edition Overview PDF Download Explore Other Editions Basic Edition A Solid Foundation for New Traders Dive into Supply & Demand trading with essential tools that streamline decision making. Explore Basic TA Edition Optimized for Traditional Technical Analysis Optimized for classic trading styles focusing on trend analysis and breakout strategies. Explore TA Standard Plus Edition Comprehensive Tools for Serious Traders Leverage sophisticated analyses and patterns for detailed market insights. Explore Standard Plus Ultimate Edition Superior Capabilities for Advanced Traders Master the markets with our most powerful suite of trading tools and support. Explore Ultimate The Foundry Join a collaborative community of active traders for growth, support, and lasting camaraderie. While membership is not required to access The Foundry and participate in sessions, membership is required to access the Foundry Blog, Forum, File Access Server, and Discussion Group. Learn More Answers to your questions Here are some answers to commonly asked questions: How do I get started? To get started, you should register on the website . Before selecting a Tools for Traders edition, you may wish to attend one or more of the Tools for Traders Public Forums where you can see the Tools in action, ask questions, and meet the Community. These are held in The Foundry and are listed on the Community Events Calendar . The Foundry is free and open to all traders for trading related activities. What tools do you offer? We offer a range of leading edge tools which provide pertinent information and real-time market analysis
which can be customized to support your trading strategies. Is my data secure? Yes, we take data security seriously. We use industry-standard encryption and follow strict privacy protocols to ensure the safety and confidentiality of your information. Can I cancel my subscription? Monthly subscriptions can be canceled. A monthly subscription should be canceled at least 48 hours before the renewal date to allow for proper processing. Yearly subscriptions, due to the discounts given, are paid in full in advance and can not be canceled.

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This page describes, in detail, the Tools for Traders Basic Edition, by S&D Software, Inc. This entry in the Tools for Traders lineup provides Supply & Demand analysis and basic trend analysis. For the convenience of the trader is also finds swing highs and lows, the impulse and corrective moves of the major trend, and the segments of the minor trend/micro trend. Spend more time trading and less time charting! Tools created by traders for traders! Basic Edition A Supply & Demand indicator that is automated, objective, and consistent. Get Started with a Free Trial Table of Contents Download Overview PDF Chart Tool Basic Why Choose the Basic Edition? Leading Edge Supply and Demand Analysis The Tools for Traders Basic Edition offers an objective, fully automated, and consistent supply and demand analysis for your markets. This analysis is performed continuously, with the results displayed on your charts in real time. Benefit from faster and more accurate market insights that are applicable across various chart types and intervals. Chart Tool Basic Down Down Down Enhanced Visualization of Supply & Demand. The Chart Tool Basic can find and mark on your charts: Swing Highs and Lows Segments Trend Supply and Demand Bands Additional features: Supports Optimized Settings Files (OSF files) Can use Pro OSF files for pre-canned configurations Swing Highs and Lows Swing Highs are indicated by placing a red dot above the swing high candle Swing Lows are indicated by placing a green dot below the swing low candles The size, color, and position of the dots used to mark swings are user configurable Segments Segments form the low level trend (microtrend) for the chart Can be shown on the chart using trend lines or Bull & Bear boxes Trend The impulse and corrective moves of the major trend for the interval can be marked using trend lines, Bull &Bear boxes, or both (as in the example to the left). Supply and Demand Bands More than 30 rules are used to find supply and demand bands. Band Origin showing the pattern that created the band will be marked Supply bands are marked with a dot- dash pattern while demand bands are marked with solid lines so they are easy to tell apart Bands are colored to show, at a glance, how far price has penetrated the band (light blue for areas price has not reached, light red for areas that price has retested) The amount of time that a broken band is displayed on the chart is under user control Supply and Demand bands can be labeled with the date/time the band was created, the percent of the band that has been penetrated, the width of the band in dollars, as well as the price level of the proximal and distal lines of the band OSF File Support Supports Optimized Settings Files (OSF files) Can use Pro OSF files for pre-canned configurations The user has the ability to control the loading and use of Pro OSF files. The user has the ability to override any setting configured by a Pro OSF file. Personalize your Charts Combine Chart Tool features to create the charts you need! Display just the information you want or need for the strategies you are using Customize the look and feel of your charts to convey information as quickly and easily as possible Spend less time charting and more time on other aspects of your trading The Basic Edition is specifically designed for the beginning Supply & Demand trader! Why Choose the Basic Edition? Down Down Is the Basic Edition Right for me? Our Basic Edition is for you if you are looking for a simple indicator that objectively identifies areas of supply and demand, swing highs and lows, and trend using a fixed set of rules. If you are not a Supply & Demand trader, then you may be interested in the TA Edition which supports more traditional trading styles. Also, please feel free to join us in The Foundry . The Foundry is free and is open to all traders for trading related activities. Get Started with a Free Trial Download Overview PDF Download the Basic Edition Overview PDF Download Explore Other Editions TA Edition Optimized for Traditional Technical Analysis Optimized for classic trading styles focusing on trend analysis and breakout strategies. Explore TA Standard Edition Advanced Features for Supply & Demand Traders Expand your analytical capabilities with more complex tools and customizations. Explore Standard Standard Plus Edition Comprehensive Tools for Serious Traders Leverage sophisticated analyses and patterns for detailed market insights. Explore Standard Plus Ultimate Edition Superior Capabilities for Advanced Traders Master the markets with our most powerful suite of trading tools and support. Explore Ultimate The Foundry Join a collaborative community of active traders for growth, support, and lasting camaraderie. While membership is not required to access The Foundry and participate in sessions, membership is required to access the Foundry Blog, Forum, File Access Server, and Discussion Group. Learn More Answers to your questions Here are some answers to commonly asked questions: How do I get started? To get started, you should register on the website . Before selecting a Tools for Traders edition, you may wish to attend one or more of the Tools for Traders Public Forums where you can see the Tools in action, ask questions, and meet the Community. These are held in The Foundry and are listed on the Community Events Calendar . The Foundry is free and open to all traders for trading related activities. What tools do you offer? We offer a range of leading edge tools which provide pertinent information and real-time market analysis
which can be customized to support your trading strategies. Is my data secure? Yes, we take data security seriously. We use industry-standard encryption and follow strict privacy protocols to ensure the safety and confidentiality of your information. Can I cancel my subscription? Monthly subscriptions can be canceled. A monthly subscription should be canceled at least 48 hours before the renewal date to allow for proper processing. Yearly subscriptions, due to the discounts given, are paid in full in advance and can not be canceled.

This page describes, in detail, the Tools for Traders Standard Plus Edition, by S&D Software, Inc. This entry in the Tools for Traders lineup provides tools to assist in Supply & Demand analysis, trend analysis, session analysis, price action analysis, and reversion to the mean analysis. For the convenience of the trader it also finds swing highs and lows, basing candles, base highs and lows, curve, and both the Candle in Control High and Low. Spend more time trading and less time charting! Tools created by traders for traders! Standard Plus Edition The Standard Plus Edition is a valuable addition to any trader's tool box. It reduces time spent on charting, provides insight to market action, and can enhance trading efficiency. Get Started with a Free Trial Table of Contents Download Overview PDF Chart Tool Standard Plus Session Tool Trade Finder Pattern Finder Snapback Price Direction Pressure Index (PDPI) Why Choose the Standard Plus Edition? Take Your Trading To A Higher Level This bundle brings together enhanced versions of both the TA Edition and the Standard Edition to create a remarkable edition that can benefit all traders. Chart Tool Standard Plus Down Down Down The Chart Tool Standard Plus can find and mark on your charts: Swing Highs and Lows Basing Candles Base Highs and Lows Candle in Control High and Low Segments Trend (Major and Minor) Curve Supply and Demand Bands Additional features: Supports Optimized Settings Files (OSF files) Can use Pro OSF files for pre-canned configurations Supports the creation and use of Personal OSF files Supports sharing settings between Chart Windows Swing Highs and Lows Swing Highs are indicated by placing a red dot above the swing high candle Swing Lows are indicated by placing a green dot below the swing low candles The size, color, and position of the dots used to mark swings are user configurable Basing Candles, Base Highs, Base Lows Basing Candles Are marked on the chart with a tick mark in the center of the candle. The default color for the tick mark is yellow, but the user can select any supported color. The user can choose to mark all basing candles or only those which are not nested. Base Highs and Lows Base Highs are marked with dashed red line. When a base high is broken, its color can be changed (magenta is used in the example) or it can be removed from the chart. Base Lows are marked with a dashed green line. When a base low is broken, its color can be changed (cyan is used in the example) or it can be removed from the chart. The length of the marker line used for a Base High or Base Low is determined by the length of the base that was broken. Candle in Control High and Low Candle in Control High and Low Marked on the chart using a text label User can control the color, font, and font size of the labels Updated dynamically as market conditions change An alert can be generated when either the CIC High or CIC Low changes Segments Segments form the low level trend (microtrend) for the chart Can be shown on the chart using trend lines or Bull & Bear boxes If shown using trend lines then A segment can be labeled with its length The average length and/or standard deviation in length for segments of the same type can be included in the label Segments with unusually long or short lengths can be automatically identified and are indicated by changing the color of their labels Trend The impulse and corrective moves of the major trend for the interval can be marked using trend lines, Bull &Bear boxes, or both If shown using lines, then An impulse or corrective move can be labeled with its length The average length and/or standard deviation in length for impulse/corrections of the same type can be included in the label Unusually long or short impulse/corrections can be automatically identified and are indicated by changing the color of their labels Curve Based on the Candle in Control High and Low Can be divided into arbitrarily sized parts Updated dynamically as market conditions change An alert can be generated whenever the curve changes. Supply and Demand Bands More than 30 rules are used to find supply and demand bands. 29 of the rules are under user control. Band Origin showing the pattern that created the band will be marked Supply bands are marked with a dot- dash pattern while demand bands are marked with solid lines so they are easy to tell apart Bands are colored to show, at a glance, how far price has penetrated the band (light blue for areas price has not reached, light red for areas that price has retested) The amount of time that a broken band is displayed on the chart is under user control Supply and Demand bands can be labeled with the date/time the band was created, the percent of the band that has been penetrated, the width of the band in dollars, as well as the price level of the proximal and distal lines of the band OSF File Support Supports Optimized Settings Files (OSF files) Can use Pro OSF files for pre-canned configurations Can create and use Personal OSF files for user defined configurations Personal OSF files allow the user to associate settings with a specific market, or interval, or market on an interval and have the Chart Tool automatically use those settings when the associated market /interval combination is being charted Personal OSF files can be layered on top of Pro OSF files to modify pre-canned configurations to the user’s needs OSF files can be used to ensure that multiple tools use the same settings when looking at the same markets (ex. Chart Tool, Trade Finder, and Pattern Finder can use the same OSF files) Makes it easy to share settings with others or deploy standardized settings across multiple systems OSF files can be used with the backtesting features of the Chart Tool to create standardized backtests that can be stored and run whenever the user needs them Sharing Settings Between Charts Supports sharing settings between Chart Windows Allows the settings used by a designated Chart Tool (the “sender”) to become the default settings for Chart Tools used in other chart windows (the “receivers”) There can be multiple Chart Tools acting as “senders”, and there can be multiple Chart Tool “receivers” assigned to each “sender” Can be used to let one Chart Tool act as a control point for multiple other Chart Tools In Chart Tools receiving shared settings: Settings may be received from only a single sender A Chart Tool which is receiving settings may not also be a sender of settings Personal OSF files can be layered on top of the shared settings to customize the settings used by a specific Chart Tool Manual overrides can be used to override specific shared settings (as well as settings from an OSF file) to customize/fine tune the settings used by a specific Chart Tool Can be used with the backtesting features in the Chart Tool to control and coordinate multiple backtests being run simultaneously Personalize your Charts Combine Chart Tool features to create the charts you need! Display just the information you want or need for the strategies you are using Customize the look and feel of your charts to convey information as quickly and easily as possible Spend less time charting and more time on other aspects of your trading! Session Tool Down Down Down The Session Tool can be used to provide the trader with pertinent information to assist with strategies and reduce the time spent on charting The Session Tool allows the user to define a session to be displayed on their chart. A session is a period of time during the day, and all candles which close during that time are considered to be part of the session. A session may correspond to a real world entity (such as the time period when the stock market is open), or it may be something which has no correlation to any real world entity or event that the user has created for their own use (such as for open range breakouts). So the definition and meaning of a session is entirely up to the user. The Session Tool is capable of collecting some statistics about a session, such as: The range of the session The average and standard deviation of range for sessions The length, average, and standard deviation of the distance from the open to the high for sessions The length, average, and standard deviation of the distance from the open to the low for sessions These statistics can be used to predict possible behavior for future sessions, or be used for other purposes, such as calculating a value for a strategy. The Session Tool can be used to project lines on the user’s chart. These lines may be for reference (such as prior daily/weekly/monthly/yearly highs and lows) or be calculated values for use with a strategy. Alerts can be generated when these lines are crossed. The Session Tool supports OSF files. The Session Tool can use Pro OSF files. Pro OSF can be used to configure the Session Tool for use with a specific strategy or trading style. The Session Tool can create and use Personal OSF Files to associate settings with specific markets or intervals (or a combination of both), and then automatically use those settings when the associated market, interval, or combination of market and interval is being charted. The Session Tool can use both Pro OSF and Personal OSF files simultaneously, in which case the Personal OSF file will be layered on top of the Pro OSF file. What is a Session? The Session Tool allows the user to define a session to be displayed on their chart. A session is a period of time during the trading day, and all candles which close during that time are considered to be part of the session. A session may correspond to a real world entity (such as the time period when the stock market is open), or it may be something which has no correlation to any real world entity or event that the user has created for their own use (such as for open range breakouts). So the definition and meaning of a session are entirely up to the user. The Session Tool is capable of collecting some statistics about a session: The range of the session The average and standard deviation of range for sessions The length, average, and standard deviation of the distance from the open to the high for sessions The length, average, and standard deviation of the distance from the open to the low for sessions These statistics can be used to predict possible behavior for future sessions, or be used for other purposes, such as calculating a value for a strategy. Projecting Lines on a Chart The Session Tool can be used to project lines on the user’s chart. These lines may be for reference (such as prior daily/weekly/monthly/yearly highs and lows) or be calculated values for use with a strategy. Alerts can be generated when these lines are crossed. Overall, the Session Tool can be used to provide the trader with pertinent reference information, to assist the trader with certain strategies, and to reduce the time spent on charting. OSF File Support Supports Optimized Settings Files (OSF files) Can use Pro OSF files for pre-canned configurations Can create and use Personal OSF files for user defined configurations Personal OSF files allow the user to associate settings with a specific market, or interval, or market on an interval and have the Chart Tool automatically use those settings when the associated market /interval combination is being charted Personal OSF files can be layered on top of Pro OSF files to modify pre-canned configurations to the user’s needs Personal OSF files make it easy to share settings with others or deploy standardized settings across multiple systems Sharing Settings Between Charts Supports sharing settings between Chart Windows Allows the settings used by a designated Session Tool (the “sender”) to become the default settings for Session Tools used in other chart windows (the “receivers”) There can be multiple Session Tools acting as “senders”, and there can be multiple Session Tool “receivers” assigned to each “sender” Can be used to let one Session Tool act as a control point for multiple other Session Tools In Session Tools receiving shared settings: Settings may be received from only a single sender A Session Tool which is receiving settings may not also be a sender of settings Personal OSF files can be layered on top of the shared settings to customize the settings used by a specific Session Tool Manual overrides can be used to override specific shared settings (as well as settings from an OSF file) to customize/fine tune the settings used by a specific Session Tool Trade Finder Down Down Down The Trade Finder is a tool designed to assist the user in finding Supply and Demand style trading opportunities. Supply and Demand style trades begin with price returning to a supply or demand band. The supply or demand band which price is returning to becomes the entry point for a trade. The Trader will have to specify what makes a supply or demand band acceptable as the entry point for a trade, as well as certain characteristics of the trade they desire, so that the Trade Finder knows what to look for. Some of the things that the Trade Finder allows the Trader to specify are: Proximity – How close must price be to a supply or demand band in order for the Trade Finder to consider that band as a possible entry point for a trade. Freshness – A “fresh” band is one which has not been retested by price. The Trader may tell the Trade Finder to only use “fresh” bands as the entry points for trades. Band width – The Trader may specify a minimum band width for supply or demand bands used as the entry point for a trade. Bands not meeting this minimum will be rejected. Curve Position – The Trader may specify what part of the Curve must a supply or demand band be in for it to be considered as a potential entry point for a trade. Reward to Risk Ratio (RR Ratio) – The Trader may specify a minimum acceptable Reward to Risk Ratio for a potential trade to be acceptable. When the Trade Finder finds a supply or demand band which could be the entry point for a trade, it will look for the first opposing band, measure the distance to that opposing band, and then divide that by the width of the entry band to estimate the possible RR ratio. If the estimated RR ratio does not meet the Trader’s requirements, then the potential trade will be rejected. Since the Chart Tool and the Trade Finder both use the same engine for finding supply and demand bands, all of the settings found in the Chart Tool for controlling the discovery and management of bands are available in the Trade Finder. The Trade Finder can use OSF files generated for the Chart Tool. The use of OSF files can help ensure that, when the Chart Tool and Trade Finder are both looking at the same market, they are using the same setting. Outputs The Trade Finder can issue an alert when it finds a potential trade that meets all of the requirements it was given. The Trade Finder provides the following information about any potential trade it has found which meets the requirements it was given: Requested Proximity CIC High and Low Was a short trade or a long trade found The proximal and distal lines of both the entry band and the target band for the trade The value of the entry and target bands is provided in dollars instead of points How far price has previously penetrated both the entry and target bands for the trade The date and time for the formation of both the entry and target bands for the trade Example of the Trade Finder used in a TradeStation® RadarScreen® Pattern Finder Down Down Down The Pattern Finder is a pattern matching tool. It understands the four classic Supply & Demand patterns (DBR, RBR, RBD, DBD) and can find them individually or in combination. It has, for each pattern, the same settings as the Chart Tool for defining an acceptable pattern of that type. It also has settings to allow the user to define what Supply & Demand pattern, or combination of Supply & Demand patterns, to search for. It can be used in a RadarScreen® to monitor specific markets for the development of specific patterns or combinations of patterns, and it can be used with the TradeStation® Scanner to search for markets where a specific pattern or combination of patterns has occurred. It also supports the OSF subsystem and can use certain OSF files produced by/for the Chart Tool. Some of the key features of this tool are: The Pattern Finder has more than 30 rules per pattern that it uses when looking for acceptable Supply & Demand patterns. There are 29 rules per pattern that are under user control. The Pattern Finder can search for individual Supply & Demand patterns (up to four simultaneously). The Pattern Finder has two built-in compound reversal patterns that it knows how to search for (DBR-RBR, and RBD-DBD), and can search for those simultaneously. The Pattern Finder accepts user defined compound patterns of arbitrary length (ex. DBD-DBD-DBR-RBR-RBR). For compound patterns, the user can place individual limits on how many candles may appear between two consecutive patterns in the compound pattern. For example, if the user wishes to search for a compound reversal pattern consisting of a DBD, followed by a DBR, followed by an RBR, and they wish to limit the number of candles between the DBD and the DBR to no more than 40, and they wish to limit the number of candles between the DBR and the RBR to no more than 25, they can do so. Outputs When the Pattern Finder discovers a matching pattern, it can issue an alert. It will also output the date and time of the leg-out candle of the pattern found and whether the pattern is a supply or demand pattern. The user should carefully examine the pattern found by the Pattern Finder as the tool does not assess the state of the pattern (broken or unbroken). Snapback Down Down Down Exploit "Reversion to the Mean" with Advanced Analytical Capabilities The Snapback Indicator is based upon the concept of "Reversion to the Mean." The basic idea is that price tends to stay near an average value. This average value may change over time, but the average changes at a rate that is slower than what price can do. If price suddenly moves well away from the current average value, then price will move in a way to reduce the distance between itself and the current average. The two most common behaviors we see when price has opened a large gap between itself and its current average, are the snapback and the stall: A snapback occurs when price stops moving away from its current average and instead moves back towards it, often touching or crossing the average. A stall occurs when price moves sideways and waits for the average to close the gap by catching up to price. Unidirectional Mode The Snapback Indicator creates a histogram where the height of the bars in the histogram represent how far away from the mean price currently is. The color of the bars in the histogram indicate how unusual it is for price to be that distance from the mean. Green bars indicate that price is within 1 standard deviation of the mean. This is the “comfort” zone where price normally likes to stay. Yellow bars indicate that price has left the “comfort” zone and is between 1 and 2 standard deviations away from the mean. When the bars are yellow, it is possible to get a snapback or stall. Red bars indicate that price is well away from the “comfort” zone and is between 2 and 3 standard deviations away from the mean. Red bars typically mean that a snapback or stall is likely to happen soon. Magenta bars indicate that price is more than 3 standard deviations from the mean. This is very unusual (extreme!) and typically means that a snapback or stall is almost certainly coming, its just a matter of when. Bidirectional Mode The Snapback Histogram can be displayed in either Unidirectional mode or Bidirectional mode. In Unidirectional Mode, all of the bars point in the same direction and show how far price is from the mean. It does not indicate whether price is above or below the mean. In Bidirectional Mode, the bars of the histogram point in the direction that price will move if a snapback occurs. The bars still show how far price is from the mean, but they now take into account whether price is above or below the mean. In either mode, a signal line may optionally be generated using a moving average of the height of the bars. In Use This chart shows the Snapback indicator in use on the ES (futures) on a 5 minute interval. The Snapback Indicator is set to track the distance from price to the mean as a multiple of the ATR. This helps to adjust for changes in volatility during the trading day. The signal line is turned off. The warn if above line is active and is set to 2. If the distance from price to the mean is above 2 ATR (which means the mean is 2 ATR or more above price), then an alert will be generated. The warn if below line is set to -2. If the distance from price to the mean is below -2 ATR (which means the mean is 2 ATR or more below price), then an alert will be generated. Snapback Scan The Snapback Scan Indicator is a version of the Snapback Indicator which is designed to operate in a TradeStation® RadarScreen® or Scan. By user request, it contains some additional settings not found in the Snapback Indicator which allow the user to tweak the internal workings of the indicator. The Snapback Scan Indicator is intended to be used in conjunction with the Trade Finder, Pattern Finder, and Chart Tool, where it can act as an odds enhancer for the bands or patterns found by those tools. Price Direction Pressure Index (PDPI) Down Down Down The Price Direction Pressure Index (PDPI) is an indicator that examines price movement both within candles and between candles. The price movement it finds is characterized as either upward or downward movement. The upward movement and downward movement are processed independently of each other and can be displayed independently, together, or as a composite index. The values displayed can be either raw or as an index with a range of 0 to 100. Statistics are used to convert raw values to index values when index values are required. When the PDPI is showing the composite index, values below 50 indicate that there is more pressure on price to go down than up, and values over 50 indicate that there is more pressure on price to go up than down. The PDPI is primarily used on Time based, Tick based, or Share based charts. The Composite Index The PDPI in use on the NO (futures) for 12-20-2023 on a 1597 tick chart. Some areas of divergence have been marked. Divergence is usually a sign that support for the current move in price is changing. Upward & Downward Pressure The PDPI in use on the NQ (futures) for 12-20-2023 on a 1597 tick chart. In this example, the PDPI is showing the upward (green) and downward (red) pressure individually. Combined Display The PDPI in use on the MNQ (futures) for 3-27- 2024 on a 987 tick chart. In this example, the PDPI is showing the up pressure index (dark solid green line), down pressure index (solid red line), and the composite pressure index (light green dot-dash line) as well as some divergences. The divergences show that the support for the current price move is changing. Why Choose the Standard Plus Edition? Down Down Is the Standard Plus Edition Right for me? Our Standard Plus Edition is more in line with your needs if your trade plan requires more sophisticated analysis techniques. Our Standard Plus Edition includes all the features of our Standard Edition and our TA Edition. This edition also includes enhanced control over how Supply & Demand bands are found, enhanced OSF Support, and both a pattern finder and a trade finder to assist in finding trading opportunities resulting in a remarkable package! If you are an advanced trader using multiple techniques and strategies, then the enhanced capabilities of the Standard Plus Edition may be right for you. Also, please feel free to join us in The Foundry . The Foundry is free and is open to all traders for trading related activities. Get Started with a Free Trial Download Overview PDF Download the Standard Plus Edition Overview PDF Download Explore Other Editions Basic Edition A Solid Foundation for New Traders Dive into Supply & Demand trading with essential tools that streamline decision making. Explore Basic TA Edition Optimized for Traditional Technical Analysis Optimized for classic trading styles focusing on trend analysis and breakout strategies. Explore TA Standard Edition Advanced Features for Supply & Demand Traders Expand your analytical capabilities with more complex tools and customizations. Explore Standard Ultimate Edition Superior Capabilities for Advanced Traders Master the markets with our most powerful suite of trading tools and support. Explore Ultimate The Foundry Join a collaborative community of active traders for growth, support, and lasting camaraderie. While membership is not required to access The Foundry and participate in sessions, membership is required to access the Foundry Blog, Forum, File Access Server, and Discussion Group. Learn More Answers to your questions Here are some answers to commonly asked questions: How do I get started? To get started, you should register on the website . Before selecting a Tools for Traders edition, you may wish to attend one or more of the Tools for Traders Public Forums where you can see the Tools in action, ask questions, and meet the Community. These are held in The Foundry and are listed on the Community Events Calendar . The Foundry is free and open to all traders for trading related activities. What tools do you offer? We offer a range of leading edge tools which provide pertinent information and real-time market analysis
which can be customized to support your trading strategies. Is my data secure? Yes, we take data security seriously. We use industry-standard encryption and follow strict privacy protocols to ensure the safety and confidentiality of your information. Can I cancel my subscription? Monthly subscriptions can be canceled. A monthly subscription should be canceled at least 48 hours before the renewal date to allow for proper processing. Yearly subscriptions, due to the discounts given, are paid in full in advance and can not be canceled.