The Power E-Mini Desktop Alert Software – What Is It?
Program Overview: The Power E-mini Alert Software is a stand alone Windows program that receives ES Trading Signals directly from my new Automated Momentum Breakout Alert System. It is a 100% completely Mechanical, High-Point Scoring System, specifically designed for day trading the S&P E-mini (ES), that on average, issues 5-8 Momentum Trade Alerts per day.
The new strategy works by adaptively monitoring dynamic market price boundaries where the market has a high likelihood of breaking out and exploding into large-scale momentum moves. It utilizes a formula I developed which I named the “Dynamic Trigger Range”, a super exciting new price analysis concept that I came up with during my research – which quite frankly gives the best E-Mini Trading Signals I have experienced during my 9 years as a futures day trader.
The Momentum System consists of 2 components. The System runs on a U.S. based server and directly sends signals to the Desktop Alert Software which resides on your computer. The beauty of the stand-alone Alert Software is that you can trade with any broker you choose and use any platform that you want.
Just open the Alert Software from your Desktop shortcut icon and you will hear an audio confirmation that the software is live. You will instantly see the Dynamic Trigger Range. Simply plot 2 horizontal lines on your 1-minute chart at those levels and consider it a “no trade” range when price is trapped between them.
Each time the price approaches the Range Low or Range High you will get a “heads-up” “sonar” audio alert. When the price hits the actual Trade Barrier the system will issue an unmistakable audio alert and you’ll see the Visual Alert pop in the software. Once you’ve worked with it for a few days it will be very clear which audio messages are which.
Since the number of signals varies with market conditions, you can be doing other things and don’t have to stare at the screen. When you hear an audio alert just check the software.
Keep in mind that once the price hits a Trade Barrier you will want to use the Entry Strategy outlined in the Knowing When To Enter The Trade section of this documentation.
Desktop Software Features
1) Audio Alerts give you a heads-up when a trade is pending – when a Trade Alert Signal is given – when a Trailing Stop gets moved up – and when new System Notes are posted.
2) The Time Stamp lets you know exactly when a Signal was given (in your local time zone).
3) The Dynamic Trigger Range is the Key to the system. It auto-adjust throughout the trading session and provides key levels to watch – they are your visual reference points on the chart.
4) The System Notes keep you on top of what is going on during the day – System Notes are timestamped Chicago CME Time Zone.
5) The Online Tutorial is your comprehensive Strategy Guide – with all the information you need to trade profitably using the Alerts.
6) You can adjust the font size in the System Notes to suit your preference.
7) This is the Alert Window – When a Signal fires it displays the Trade Price Barrier.
8) Once a trade is open – This section displays both the Macro Target and the current level to have a Trailing Stop.
9) Choose the software color scheme that you like.
10) The Momentum Meter uses a sophisticated set of indicators behind the scenes – to provide a real-time glimpse at “participant commitment”.
11) The Trend Direction indicator gives an intra-day look at the near-term prevailing trend.
12) The Average Volume indicator lets you know how active the participation is – It’s a 3-minute average of the number of contracts traded.
Working With the Tabs in Version 4.4
The New version of the Alert Software has Tabs on the left side of the interface that allow you to get Alerts for multiple symbols in the same Alert Window.
The Tabs work in conjunction with the “Send Top” On / Off selection at the top of the screen. By default the “Send Top” is On for all symbols.
Here’s how the Tabs work.
You click the Tab corresponding to the symbol you want to “brought to the front” of the Alert Window.
Notice the new “Send Top” On / Off at the top of the screen.
This brings whichever symbol is currently receiving an Alert to the front – if you have it set to “On”. By default all symbols are set to “On” so anytime any symbol gets an new Alert – it will pop to the front of the screen. You can turn this off on any symbol by changing the “Send Top” on that symbol to “Off”.
In other words, if both the ES and NQ are set to “on” and you are on the ES tab – if the NQ gets a new alert – it will bring the NQ Alert to the front screen.
If you are only trading one symbol and prefer to have that symbol stay at the front of the alert window, simply click the tab on the other symbols and change the “Send Top” to Off.
To summarize, when you have the “send top” set to “on” on any symbol, when that symbol gets an Alert it pops to the front of the screen. This makes it easy to follow alerts on multiple symbols at the same time.
If you only want to follow ES Alerts, simply click the NQ (or other) tabs and change the “Send Top” to “Off”. The Alerts will still be live and available on the other tabs – they just won’t “pop to the front” of the screen.