Worden Charting Program
The Advanced Tools include scans, chart templates, indicators, formulas, watchlists, and complete TC2000 workspaces for the advanced student.
Prerequisites
In order to purchase these tools, you must have the Methodology Essentials course. If you do not you may purchase the tools as a bundle with the Methodology Essentials.
To learn more or to purchase these tools please contact us
Advanced Tools Custom Scans for TC2000: 22 Scans Available
7 TechniTrader® Market Condition Scans
Market Condition Analysis is the proprietary method developed by Martha Stokes C.M.T. for analyzing the overall conditions of price, volume, market participant group activities, price patterns, buying, selling, momentum, overbought or oversold patterns, etc. for all of the stocks traded on the exchanges at that time. The TechniTrader® Market Condition Scans far exceed the standard market breadth, advance/decline, new highs/new lows types of market indicators. The Market Condition Scans are easy to use and provide a fast, reliable method for determining market direction and strength as well as the day-to-day bias and energy for short term trading.
This is a highly accurate method for determining when, how, and what to trade. The accuracy of these custom scans is over 95% in indicating the direction, strength, energy, and bias for the next trading day. Market Condition Analysis is exclusively available from TechniTrader® and taught exclusively by Martha Stokes C.M.T., the developer of this unique, easy-to-use market analysis tool.
Market Condition Momentum Buy Scan:
Analyzes the momentum energy of the buy side of the market for all of the stocks listed on the exchanges. When this scan rises over 200, then the market has strong momentum buying activity. High Momentum Buy Scan numbers with high Institutional Action Scan numbers indicate a velocity or moderately trending market condition.
Market Condition Momentum Sell Scan:
Analyzes the momentum energy of the sell side of the market for all of the stocks listed on the exchanges. When this scan rises over 200, then the market has strong momentum selling activity. High Momentum Sell Side Scan numbers with LOW Institutional scan numbers indicate a sell side momentum market, moderately trending down or a velocity market down trend.
The momentum scans indicate what direction the market will take, whether there is sufficient activity for swing and momentum trading, or if the market lacks sufficient activity that would create whipsaw action.
Market Condition Institutional Action Scan:
Analyzes large lot activity. When institutional investors are buying quietly, accumulating stock without moving price, this scan picks up their activity. This is important because often the markets look flat or insipid before a huge move up or down. This is a buy side scan. When the numbers are too low, this is a sign of a risk of sell-down action. High numbers in this scan with low momentum scan numbers indicate the market is consolidating, bottoming, and preparing for sudden momentum energy.
Market Condition RSI Strength Scan:
Shows when high numbers of stocks are moving sideways in either consolidations or platforms. These sideways patterns are useful for position and swing trading. When the market is sideways with rising RSI strength, this is an indication of a platform market condition. High scan numbers along with high Institutional Scan numbers indicate a bottoming market on either the short term or intermediate term trend with imminent momentum potential.
Market Condition Consolidating Scan:
Analyzes and shows how many stocks are in consolidations, stairstep patterns, and other tight sideways patterns. This scan helps determine moderately trending, platforming, and other sideways market conditions. When the number of charts rises in this scan, the market is building quiet energy that is often not seen in the indexes and market breadth indicators.
Market Condition Bottoming Scan:
Exposes how many stocks are in bottoming formations on the short and intermediate term trends. This is vital information for traders to quickly identify when a market is starting to form a bottom after a correction on the short term and intermediate term trends. As this scan rises in numbers, a short term or intermediate term correction is ending.
Market Condition Overbought Scan:
Contrarian scan that tracks stocks in wide sideways and trading range patterns as well as stocks starting to develop topping patterns, which are typically sideways patterns. When the overbought scan rises in numbers, it often warns of a top on the short, intermediate or long term trend. This is a sell side scan designed to expose overextended upside patterns before stocks and the overall market turns. This scan works ideally in topping and trading range market conditions as the number of charts rise.
Advanced Trading Style Scans and Price Analysis Scans
These scans are designed for specific trading styles and market conditions. These are the scans students will use to find stock picks quickly. These can be adapted to price range and candlestick patterns to suit the individual student's needs.
- TECHNITRADER ETF SCAN
- TECHNITRADER LOW PRICED STOCK
- TECHNITRADER OPTION VELOCITY SCAN
- TECHNITRADER OPTIONS CONSOLIDATIONS
- TECHNITRADER POSITION TRADE BOTTOM
- TECHNITRADER LARGE LOT SCAN
- TECHNITRADER VELOCITY SCAN
- TT PRICE (less than) 5 V (greater than) AND UNDER
- TT PRICE $5 AND UNDER
- TT PRICE 5-10
- TT PRICE 10-20
- TT PRICE 20-50
- TT PRICE 50-80
- TT PRICE 80-100
- TT PRICE OVER 100
These Price Analysis Scans are used for analysis of the overall market based on price and for specific price range trading strategies.
TechniTrader® Criteria Formulas
There are several criteria formulas that can be used to customize the trading style scans for students' needs and goals for their trading.
12 TechniTrader® Chart Templates with 26 Custom Combination Indicators
There are 12 chart templates in the Advanced Tools for TC2000 v12. These charts are set up with the proper candlestick charts, the pre-set time frame, indicators on the price chart when applicable for the chart template, 2 combination indicators below the price chart, and the correct period settings for the indicators. Indicators are set up for the appropriate formulas and settings for specific trading styles.
TechniTrader® Chart Templates are designed to make analysis of stock picks fast and reliable, eliminating extra work and streamlining the analysis process for students.
TC2000 v12 Workspaces are designed around each trading style/market condition.
Watchlists
Index Watchlist: this is a group of 6 indexes that Martha uses to study the index activity.
Industry Index Watchlist: for analysis of the major industry cycles for fast sector stock selection
Global Index Watchlist: for analysis of the global marketplace cycle
Subscriber-only Watchlists
Position Style Watchlist: for stocks discussed in the Position Traders Weekly
Swing Style Watchlist: for stocks discussed in the ME10 Mentoring notes and DME
Long Term Watchlist: for Stocks discussed in the LTPD weekly
