CriticalRange The PriceMap defines the structure of the market state by identifying the key price band or CriticalRange for the trade period. The Upside Pivot [UP] and Downside Pivot [DP] directional levels encapsulate the CriticalRange which will behave like key resistance and support levels, defining the behavioral area of indecision or neutral zone for the trade period. […]
The PriceMap is the framework of the market STATE and the R LEVEL defines the behavioral sentiment bias for the trade period. Where the R level is on the PriceMap will skew the condition of the market state. The R LEVEL is a floater number which can be in one of 9 PriceMap positions each with […]
PRACTICAL APPLICATION The PriceMap provides traders with the ability to anticipate opportunity at key structure points and create risk defined strategies with improved trade vision of expected price movement. The method is scalable as a unified approach across all markets and asset classes. SIGNAL ACCEPTANCE – Focus trading and signal acceptance at PriceMap level […]
JSServices PriceMap Analytics use quantitative methods to objectively define the price STRUCTURE of the market STATE. The knowledge of the market STATE STRUCTURE and the awareness of current price action within it, provides clarity to the value of an opportunity and the risk and reward associated with it. OVERVIEW Price levels in the PriceMap […]
August 19 2016 Jigsaw launches JSServices Analytics integration in their Depth and Sales settings and Aution Vista Heatmap including the full PriceMap Framework and MarketMetrics.
May 6 2016 JSServices in conjunction with Trade29 launches Sierra Charts integration of JSServices full PriceMap Framework and MarketMetrics as a 3rd party custom chart study.
RELATIVE STRENGTH The MC VALUE is a single number in a bounded scale. This feature provides a quick “relative strength” comparison to other like markets for spread or paired opportunities. Every market has an MCV and that value is bounded in the MCV Table scale. The MCV technical rank allows a trader to quickly identify the markets […]
SIZE MANAGEMENT The MCV can be used for size management to gauge the amount of leverage used for a signal. For example assuming all System or Fundamental strategy signals are accepted, size can be increased or decreased depending on the system signals confluence with the MCV. The one thing we know for sure about the […]
STRATEGY SELECTION The MCV is an objective Technical Indicator, which can be used as a criteria filter for confluence with a fundamental position, a technical system signal or discretionary market bias. For example, in its most basic form a SELL SIGNAL would only be accepted when the MCV is negative and a BUY SIGNAL only […]
MARKETCOLOR STATE (MCS) The MC VALUE (MCV) is a bounded scale study which has a finite set of MC VALUE CHANGE (MCC) permutations, each result representing a defined technical “signature” state whose characteristics, expectations and attributes can be qualified. There are 26 unique signature trade states that define the MarketColor State [MCS]. OVERVIEW The MCS provides an objective […]
