Stop Struggling to Identify the Trend!
Designed to simplify trend-based trading, the Spectra Trader™ Indicators use special color-coding techniques to diagnose the strength and direction of the trend. Spectra Trader's algorithm detects how powerful the trend is by analyzing:
2) Rate of Change
3) Ease and Verticality of Price Movement
Fusing these measurements together allows the Spectra Trader™ Indicators to see through the "noise" to reveal the trend of any instrument.
The Spectra Trader Indicator Package includes:
Spectra Trader™ Oscillator
Spectra Trader™ PaintBar
Spectra Trader™ Reversals
Spectra Trader™ Market Analyzer (NinjaTrader)
Spectra Trader™ RadarScreen (TradeStation)
Spectra Trader™ Market Scanner (MultiCharts)
Dynamic Trailing Stop (DTS)
Dynamic Trailing Stop PaintBar
Dynamic Trailing Stop Market Analyzer (NinjaTrader)
Dynamic Trailing Stop RadarScreen (TradeStation)
Dynamic Trailing Stop Market Scanner (MultiCharts)
QQQ (Nasdaq ETF) - 120 Minute
DIA (DJ-30 ETF) - 1 Minute
EC (Euro FX Future) - 10,000 Volume/Contracts
GDX (Gold Miners ETF) - Daily
INDU (Dow Jones Industrial Average) - 30 Minutes - Reversals
SPY (S&P 500 ETF) - Weekly - Length of 13
SPY (S&P 500 ETF) - Weekly - Length of 34
XOM (Exxon Mobil) - 30 Minute
XLF (Financial Sector ETF) - Weekly
TLT (20+ Year Treasury Bond ETF) - Daily
IBM (International Business Machines) - 15 Minutes
— Color-Coded Trend Transparency —
The Spectra Trader™ PaintBar is a visual aid that diagnoses the direction and strength of the trend based on 4 color-coded conditions:
Green Bars = Strong Bullish Trend
Yellow Bars = Weak Bullish Trend
Red Bars = Strong Bearish Trend
Orange Bars = Weak Bearish Trend
By color-coding each bar, the Spectra Trader™ PaintBar transforms ugly charts into color-coded images that are easy to understand. It will help you see through all the "noise" on a chart — turning confusing price action into clear-cut trends.
By simplifying the process of chart analysis, you'll be able to quickly dismiss poor trade candidates and identify the best setups — helping you avoid bad trades and saving time in the process.
— A Deeper Perspective of the Trend —
The Spectra Trader™ Oscillator plots a color-coded line to show an in-depth perspective of the underlying trend. By plotting the algorithm’s internal value, the Oscillator shows you if the current color-coded trend is either strengthening or weakening. This is advantageous since it can show when a strong bullish or bearish trend is losing steam and approaching a color/trend change. For example, while the PaintBar may plot several consecutive green bars, the Oscillator is able to show if a strong bullish trend is truly maintaining momentum and strength.
The Oscillator includes several innovative features to enhance its effectiveness. It includes our state-of-the-art Divergence Engine to automatically detect and draw divergence signals and trendlines on the chart — ensuring that you don’t miss a great trading opportunity. It also benefits from our “Dynamic OverBought/OverSold Levels” (DOBOS™) that determine optimal OB/OS levels that continuously adapt to stay in sync with the market.
— Isolating Ideal Trade Setups —
We have found that the best way to identify high probability setups using Spectra Trader™ is to locate instruments (stocks, options, ETFs, fixed income, futures and FOREX) that have been color-coded either Green or Red for several consecutive bars — indicating that they have had a clear, uninterrupted trend. When these trends exhaust themselves, it often results in a strong price reversal as the bull/bear dynamic shifts.
The Spectra Trader™ Scanner Indicator does the hard work for you by plotting signals (vertical bars) when a Green, Yellow, Orange or Red colored bar appears for the first time after at least “N” number of consecutive bars (you define the length of "N"). These signals will help you locate trend reversals in their earliest stages to improve your timing while minimizing risk.
Spot Divergences — Automatically!
State-of-the-Art "Divergence Engine"
— Automatic Divergence Detection —
The Spectra Trader™ Oscillator includes our state-of-the-art “Divergence Engine”, which automatically detects bullish and bearish divergences between the Indicator and Price. When a valid divergence is detected, the Spectra Trader™ Oscillator automatically draws a divergence trendline directly onto the chart — alerting you to the increased likelihood of a price reversal. It also includes fully customizable audio and visual alerts to ensure you won't miss any divergence signals.
Our Divergence Engine is truly the most advanced, customizable tool of its kind. Take advantage of the special features that only our Divergence Engine offers:
Turn Divergences & Divergence Alerts On/Off
Show “Filtered Divergences Only” Option
Automatically Draws Divergence Trendlines on Price & Subpanel
Customizable Color-Coding of Bullish & Bearish Divergences
Modify “Divergence Lookback Length”
Modify “Left Pivot Strength” and “Right Pivot Strength” Independently
Calculates Price Pivots using Closing Price or High/Low Price
Detects Long-Term Divergences by Using 3 Pivots
Spectra Trader™ Bullish Divergence (Positive Divergence)
Spectra Trader™ Bearish Divergence (Negative Divergence)
Want to Scan for Signals? It's Easy...
Automated Signal Scanning
— Divergences, Reversals and Crossovers —
The Spectra Trader™ Indicator Package also includes a special "Scanner" Indicator designed to scan for signals and trend conditions using the NinjaTrader Market Analyzer, TradeStation RadarScreen, or MultiCharts Market Scanner. And all columns, colors, and text are fully customizable!
As you can see in the screenshots below, using Spectra Trader™ with the NinjaTrader Market Analyzer, TradeStation RadarScreen, or MultiCharts Market Scanner allows you to scan for divergences, reversals, and crossovers across any list of symbols — in just seconds!
NinjaTrader Market Analyzer - Spectra Trader™
TradeStation RadarScreen - Spectra Trader™
MultiCharts Market Scanner - Spectra Trader™
100% Risk-Free Guarantee
Not satisfied with your Indicators? No problem!
You can exchange your Indicator Package for another of equal or lesser value — within 30 days of your purchase!
Superior Customer Support
Have a question about the Spectra Trader™ Indicator Package?
Contact us at
We take great pride in our customer support and are happy to help our fellow traders!
(Click on the Image Above to View the User Guide)