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Real Time Pivot Indicator


Our Price $499.00

   


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The Real Time Pivot Indicator has the same basic uses as the Entry Point Indicator in that both tools are used in an attempt to define short term high and low points in the market.


The Red Dots above the bars are sell points while the Blue Dots below the bars indicate buying opportunities.

There are, however, important basic differences in the manner in which these indicators perform their tasks. First, refer to the JFC Entry Point section and review the manner in which they are plotted. The JFC Real Time Pivot indicator is calculated by an extensive proprietary algorithm using overbought and oversold oscillators as well as multiple momentum functions to define the interim highs and lows of the market. It is by these calculations that the indicator is able to appear in real time and not delayed by a set number of bars as is the JFC Entry Point indicator.

The obvious advantage is the quicker appearance of the indicator. Unfortunately, a degree of accuracy, when compared to the Entry Point, must be sacrificed. In a sharp, protracted uptrend or downtrend the indicator will give premature indications of a high or a low. Using this indicator in combination with the JFC Rubber Band Indicator and the JFC Entry Points can greatly increase the accuracy of this tool. Entry Options

1. Buy or sell at the market at the first appearance of a JFC Real Time Pivot Higher risk.
2. Buy or Sell at the market when the JFC Real Time Pivot appears in conjunction with a signal from the JFC Exhaustion Indicator. High - Moderate risk.
3. Buy or Sell at the market when the JFC Real Time Pivot appears in conjunction with a signal from the JFC Exhaustion Indicator and the JFC Reversal Indicator is indicating a reversal within a few bars of the high. Moderate risk.
4. Use the JFC Entry Points as trend confirmation and points for buy or sell stops for entry after the appearance of the above combinations of the JFC Real Time Pivot, JFC Exhaustion Indicator and the JFC Reversal Indicator. Lowest risk.

User Customizations

1. FDB: On a scale of 1 - 100, the FDB input sets the indicator sensitivity for the buy signals from the indicator. A lower number equals a higher sensitivity and thus fewer, but possibly more accurate signals. Suggested range = 5 to 15; optimal setting is 9.

2. FDS: On a scale of 1 - 100, the FDB input sets the indicator sensitivity for the sell signals from the indicator. A higher number equals a higher sensitivity and thus fewer, but possibly more accurate signals. Suggested range = 85 to 95; optimal setting is 91



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