XABCD Trading
A Scanner That Finds And Present You Opportunities
Option #1 - Ultimate Control and Freedom
Our NinjaTrader Add-on for Scanning
There are two ways to scan for XABCD Patterns. The first and most popular option for ultimate control is through the NinjaTrader 8 Market Analyzer Scanner which is included in our XABCD Pattern Suite. The second option is through our members area portal.
Ultimate Flexibility - Any charting style, time-frames or symbols. Filter patterns based on clarity, size and risk.
Over 7 Scanning Templates - Each theme allows for different colors to use.
Risk Scanning - Only show patterns that meet a certain risk vs reward.
Custom Alerts - Configure your alerts to only send you on specific patterns or quality. Supports all NinjaTrader alerting methods.
Custom Display Data - Conditional cells allow you to customize how the pattern data is presented in the Market Analyzer. Only see what you want to see.
Web Based Scanning
Stop trying to find patterns manually. You can be leveraging technology to have a web based XABCD Pattern Scanner working for you.
You will save tons of time and is especially useful when you're not in front of your PC you can also get alerts of patterns remotely too.
Member Area Filters
Get alerted to all the new patterns that meet your filters. This will further decrease the amount of time you spend on patterns that do not meet your criteria. For example, maybe you only want to see patterns where your winners are going to be twice the size of your losses. This would be a good starting point to filter them down.
Email Notifications
Your email alerts will trigger when they meet your filter conditions. Filters can be set for any market we scan so it doesn't matter what you trade. Pick your market, time frame and structure score and always stay in touch with the latest patterns in the market.
Structure Ratings to Further Filter XABCD Patterns
Scanning XABCD patterns through our web based community would have saved you lots of time. Think about it this way, with over 1200 patterns each day, if you spent just 10 seconds analyzing a pattern that would be over 200 minutes or 3.3 hours a day. That's around 79 hours in a month given 24 trading days. This is how we leverage technology to assist in our pattern detection to save us time.
Average around 10-30 High Structure Ranking Patterns
These are the patterns that have passed our checks as we take an individual look at each pattern and compare it to all other patterns in our database. The goal is simple - to save you time looking at all the patterns that would appear in the day (usually over 1000) and filter that down to a subset for you to examine.
We Do The Heavy Lifting
These are not signals but is a way for you to narrow down 1500 patterns a day to a smaller amount of 10-30 which you can then do your analysis.
What do we look for to get these patterns filtered down to a more manageable amount?
- How much room is there in the reversal area of the pattern?
The idea here is that if the pattern is expected to reverse on a time, chances are that isn't going to happen. Why not just remove those types of patterns from the ~1500 each day and look for patterns that allow more wiggle room. That's what we've done and is one of the conditions we look for with each pattern.
- How fast is the last leg of the pattern formed?
The last leg of the pattern and the emotional drive that happens to complete the pattern will give us an idea on how fast we would have to react to the pattern. The idea here is that everything has an equal and opposite reaction and that the angle of the last C-D leg would require you to make a decision quicker than what most people could even analyze a pattern. By removing these patterns you remove the patterns that might have already reversed or failed too quickly due to news events etc
- Need to filter based on time frame or symbols?
Yes this can be done too! If you only trade the 1 hour and certain symbols, you can set that up in the pattern filters too. Check the time frames you trade and the instruments and your all set!
- ... and many more conditions!
We don't publish everything detail we look for with the pattern for obvious reasons, but you will be taught in our education center most of the key things you will need to determine when trying to figure out the structure rating on your own by looking at a chart.
