The E.G. Trigger Point
Support & Resistance 2.0-
AI-based key levels (support & resistance)
-
The levels are fixed and non-repaint
-
Delivered daily 10 hours before the market opens
-
Timeframe-agnostic, proprietary algorithm
-
Instruments: futures, stocks and ETFs
-
Platforms: NinjaTrader and TradingView
-
The E.G. Trigger Point, a precision-driven indicator, is seamlessly integrated with NinjaTrader 8 and TradingView. Powered by an AI engine on our cloud server, it delivers significant price levels (support and resistance) daily, 10 hours before the market opens. Our AI’s prowess in identifying these key levels is honed by analyzing market data that is not readily available on most trading platforms. This precision-driven approach, a fusion of technical analysis and machine-learning techniques, enables the algorithm to pinpoint areas of interest with single-tick accuracy.
The algorithm aims to identify those key levels by analyzing past market participants’ collective behavior reflected in historical, correlated, and deep market data. The claim of “single-tick accuracy” implies that the algorithm can statistically pinpoint key lines rather than zones. This could be particularly useful for traders relying on precise entry and exit points to minimize risks and maximize the risk-reward ratio.
In particular, our levels are specific price points on a chart expected to attract the maximum amount of buying or selling (i.e., significant price levels in contrast to random ones). Our support price is a price at which one can expect more buyers than sellers. Likewise, our resistance price is a price at which one can expect more sellers than buyers. This can provide valuable insights into potential price movements and help you make more informed trading decisions.
Specifically:
The resistance level, indicated by a horizontal line, is higher than the current market price. It is a price point on the chart where traders expect maximum supply (in terms of selling) for the asset. The resistance level is always above the current market price. The likelihood of the price rising to the resistance level, consolidating, absorbing all the supply, and declining is high → The resistance often acts as a trigger to sell.
The support level is lower than the current market price; it is a price point on the chart where the trader expects maximum demand (in terms of buying) for the asset. Whenever the price falls to the support line, it is likely to bounce back. There is a maximum likelihood that the price will fall until the support consolidates, absorbs all the demand, and then starts moving upwards → The support often acts as a trigger to buy.
The E.G. Trigger Point algorithm could benefit various trading strategies. Here are a few potential applications:
- Scalping
- Reversal trading
- Breakout and trend trading
- Stop-loss optimization
- AI-based support and resistance levels
- The levels are fixed (non-repaint)
- Delivered daily 10 hours before the market opens (not lagging)
- Calculated from historical and correlated market data
- Platforms: NinjaTrader and TrdingView
E.G. Trigger Point
Choose your plan and join us today!
$128
1-Month Plan
$128 one-time payment
Support & Resistance 2.0
AI Accelerometer
Instruments: stocks & ETFs
Trading mini-course
$107 /mo
3-Month Plan
$320 one-time payment
Support & Resistance 2.0
AI Accelerometer
Instruments: stocks & ETFs
Trading mini-course
$49 /mo
Annual Plan
$588 one-time payment
Support & Resistance 2.0
AI Accelerometer
Instruments: stocks & ETFs
Trading mini-course
$128
1-Month Plan
$128 one-time payment
Support & Resistance 2.0
AI Accelerometer
Instruments: futures
Trigger Bot
Futures trading mini-course
$107 /mo
3-Month Plan
$320 one-time payment
Support & Resistance 2.0
AI Accelerometer
Instruments: futures
Trigger Bot
Futures trading mini-course
$49 /mo
Annual Plan
$588 one-time payment
Support & Resistance 2.0
AI Accelerometer
Instruments: futures
Trigger Bot (Ninja only)
Futures trading mini-course
Support and resistance lines are key levels in the market where asset prices tend to stall, reverse, or experience significant movement. Support refers to the price level at which an asset’s decline might halt, while resistance is the level at which a price advance could be constrained.
The E.G. Trigger Point is an AI-based indicator designed to help day traders identify potential key levels in the futures market. It is based on an AI engine running on a cloud server; it calculates significant price levels and delivers them to your charts daily, 10 hours before the market opens, relevant for the current trading day. It presents the levels for you within the NinjaTrader 8 and TradingView platforms, and its levels are delivered daily between 1 AM and 3 AM Eastern Time.
The AI mathematical formula is based on a fundamental principle in trading: learning historical imbalance. It identifies significant price levels using statistical methods (e.g., average, median, and standard deviation), considering features like price action and volatility (average true range).
The AI model operates on the principle of identifying clear signals amidst market noise. When predicting a specific numerical value, traders often encounter a barrage of random data. The E.G. Trigger Point’s AI model is adept at extracting precise signals from this noise, enhancing the accuracy of your predictions. It leverages complex mathematical models to identify situations with clear signals, such as when the market approaches support or resistance lines, instilling confidence in your trading decisions.
The AI model of the E.G. Trigger Point has been meticulously optimized to provide the highest-likelihood prices expected the market to react to and to address challenges such as liquidity grabs. It utilizes statistical measures to provide you with high-probability trade opportunities.
The E.G. Trigger Point is beneficial for traders who are interested in utilizing support and resistance levels to enhance their trading strategies. Understanding these key levels can provide valuable insights into potential market movements, whether you are a seasoned trader or just starting.
Indicators do not take any trades; they are visualization tools, mainly based on mathematical formulas, designed to help day traders analyze the market smarter and make better decisions.
Like any trading tool, the E.G. Trigger Point indicator provides insights and signals based on historical data and mathematical models. However, no trading tool can guarantee specific market outcomes. It is important to exercise prudent risk management and combine the indicator’s signals with your trading strategy and analysis.
The E.G. Trigger Point indicator is compatible with the following assets: ES, NQ, RTY, YM, GC, CL, NG, ZB, ZN, UB, SI, HG, and 6B, which are commonly traded in the futures market.
Annual members get free lifetime access to the E.G. Futures Trading Course, where online lessons are accessible to demonstrate several ideas.
In general:
- There are several techniques to determine the Stop Loss: (a) ATR-Based (ATR measures the volatility of the asset), (b) Historical-Based (looking historically around the area of a level, deriving the Stop Loss from the market’s behavior observed), (c) Constant-sized.
- The E.G. Trigger Point presents significant price levels where traders extract their position entry signals. Since these price levels are pre-calculated by our AI engine, one approach is placing pending orders on these levels. When an order is filled, there can be several methods to place the stop-loss and the profit targets. Some traders prefer to trail and stop loss and place the profit targets at 1:R for R greater than 2. There are several ways to determine the stop-loss, and most of them consider the volatility of the asset: (1) constant, (2) ATR-Based, and (3) historical-based.
- There are several factors we take into consideration:
The timeframe we are trading on: This is important because your stop will be different on every timeframe unless you are basing it on something technical in the underlying market, i.e., a trigger point.