S/R Analyst Pro is our flagship product and it is the ultimate tool for the trader or investor who wants to fully exploit the power of support/resistance and trend lines in his or her trading. It will assist you in identifying low-risk entry points by automatically calculating and then projecting swing pivot points, trend lines, support/resistance zones, and gap zones on charts of any bar interval and for any security. From 1-tick interval to weekly, from candle chart to kagi, from stocks to currencies to commodities, S/R Analyst Pro works with them all!
This is also the perfect tool for someone new to trading since it is based on concepts that are universal to all markets, and it promotes a structured approach to trading. Use the scanner to monitor a basket of securities in realtime, or just use the chart module standalone. |
S/R Analyst Pro Scanner Setup - Watchlist linked to a Chart (click to enlarge)
S/R Analyst Pro is ready to use right out of the box. Other than selecting your own list of symbols and intervals, no tweaking is required. This user guide is provided primarily as a reference for those who want to customize the operation of the system or for those who simply want more information on how it works....it is not required reading!
If you want to get up and running quickly, just jump to the Getting Started topic and follow the instructions for loading one of our pre-installed page files. Once you are up and running you can refer back to this user guide for information on settings, etc. as needed.
Overview
S/R Analyst Pro is the ultimate support/resistance tool. Using a set of rules and weightings it mathematically identifies and draws the best trend lines based on recent price action. It also automatically identifies and draws all relevant support/resistance zones and gap zones in the vicinity of current price. A side benefit is that the combination of trend lines and S/R zones that it produces also tend to highlight a number of important price patterns, such as triangles, flags, pennants, and wedges.
While S/R Analyst has been around in one form or another since 2002, the current version has been re-designed from the ground up to perform more efficiently. As a result, a large number of new and unique features have been made available to the trader, and the system offers a high degree of flexibility in terms of customization and presentation.
The system is designed to run in an eSignal watchlist which, in turn, is linked to a chart. In this fashion a large number of securities can be monitored in realtime with very little effort on your part. Whenever a trend line, or a support/resistance zone, or a gap zone is touched by price the watchlist component will generate an alert and it will display a musical note (♫) in the Status column. Simply click on that row in the watchlist and the corresponding chart will be displayed with all of the details pertaining to the potential breakout or bounce, as in the example snapshot above.
The current version also implements a feature called "params linking" which we originally developed for our marketDirection Monitor product. With this feature activated the copy of the indicator running in the chart gets the majority of its parameter inputs from the copy running in the watchlist. This means that if you change settings in the watchlist, you don't need to make those same changes to the copy of the indicator running in the chart. If you are running multiple watchlist/chart combinations to monitor several different intervals this can be a real time-saver and drastically reduces the chance of mismatched settings.
If you are currently using other charting tools to draw support/resistance and/or trend lines manually, you know how tedious, time-consuming and subjective this process can be. Let S/R Analyst Pro fully-automate and standardize this process for you so you can focus on the business of trading. We offer several reasonable subscription options and we encourage you to take advantage of our free 30-day trial. The product literally speaks for itself and we are fairly certain that if you try it, you will keep it. Just send us your request via email and we will get you set up.
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Note: In the documentation that follows all images/thumbnails are "clickable". So if a particular image is too small for you to see clearly, just click on it and a larger version will be displayed. You can adjust the font size and/or print individual sections of this documentation by clicking on the (≡) icon that you see at the top-right of every page. Keyword index and topic search features are available as well. Just click on the tabs that you see above the table of contents that is displayed to the left. While best viewed in a desktop browser, this documentation is in a responsive format and can also be viewed on phones and tablets. |
If you have comments, questions, or suggestions on how we can improve our product, please send an email to support@sr-analyst.com and reference S/R Analyst Pro for eSignal in the subject line.
