Profiting from Coral Trend!

The Coral Trend indicator, introduced in OmniTrader 2022, is a very predictive indicator because of its ability to correctly forecast the beginning and end of moves.

We used the new Coral Trend Pivot indicator (CTPivot) to find the best breakout and reversal candidates the market has to offer.

The CT Pivot Indicator

Historically, we have used Pivots based on Percentage movement (such as Zig Zag) or based on ATRs (Wave Trader). CT Pivot was created to generate faster, more predictive Pivots on which to base Reversal and Breakout trades.

Here is a chart of HD with ZigZag (pivots) and CT Pivots plotted for comparison.

CTPivots form more quickly AND are better defined, because they follow the ebb and flow of the Coral Trend indicator as described below.

Why CT Pivots are Better:

CT Pivot is based on changes in the CoralTrend indicator. When CoralTrend (for a specific Smoothing Period) turns up or down, the most recent High or Low is identified and drawn as the prior pivot.

Zig Zag pivots are often very late, because the chart has to move the given amount before they can be identified. But Coral Trend Pivots are often found more quickly because they are based on the turn in Coral Trend, not a Percent or ATR move. This makes CT Pivots ideal for any application where pivots are used.

CT Trader Plug-In Includes:

CT Pivot Indicator – Helps You Easily See Precise Cycles and Pivot Patterns.

CT WM Pattern Indicator – See the Ws and Ms in Your Charts.

CT Breakout Strategy – Identifies Key Breakouts Using CT Pivots.

CT Trending Strategy – Identifies Important Chart Reversals Using CT Pivots.

CT WM Pattern Strategy – Generates Signals on the WM Patterns.

CT OmniScans – Search for CT Breakout, Trending, and Pattern Signals Across the Entire Market.

Learn More