Smart Break Points
$149.00 – $349.00
SmartBreakPoints (NT8) (SBP) is a part of the Smart Patterns Trading System of tools and is designed to show divergent conditions (to price action) in indicators by feeding the indicator into the SBP indicator. It is also excellent for showing certain types of support and resistance on price charts. It also outputs it’s condition for use in programming.
When I first began teaching trading, one of the first things I learned was it was difficult for traders sometimes to be able to see certain types of divergences. Further, it was difficult to see them before they happened (which is a very good thing to be able to do when trading; to know before). The SBP can solve this issue and help get you in the future. Smart BreakPoints are also useful when applied to your chart to Price. This makes it easy to see where the market is trending and the price action is staying intact.
SBP also works in any Ninjatrader mode of operation; On Each Tick, On Bar Close, On Price Change, and in Tick Replay modes. This can be useful for showing where the break condition has occurred AS it is happening.
Smart Break Points enables you to identify divergence patterns in virtually any indicator. Most commonly it is used on Oscillators like the Trapped Trader Oscillator (The Trapped Trader Oscillator Advanced has the SBP functionality built into it) or Smart Momentum. It can also be used on Price as a trend indicator and/or for Support / Resistance metrics.
Smart Break Points also enables you to send the output condition to Shark Indicators BloodHound and easily use in programming there for any number of line breaks. It can save you a lot of extra coding because of this. SBP is also a great indicator to use on price in addition to other indicators. SBP is an excellent way to learn to see important patterns in charts as taught in the Trading Room daily.
Watch the video on this page for more information and for trading ideas using this tool. Also look in the related products section below or Smart Patterns Systems or other categories from the drop down menu above that include or can be combined with this great tool to create a comprehensive strategy and for special pricing.
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I want to get a lifetime license for Smart Break Points NT8 for up to two machines (non-simultaneous logins), I already have a Legacy or older version of Smart Break Points and want to UPGRADE to a lifetime license for Smart Break Points NT8 for up to two machines (non-simultaneous logins)