EDGE SERIES TOOLS
Equity EDGE offers the perfect solution for traders who want to trade Equity Futures using a relative value trading analysis. For the first time, retail traders can monitor the relationship between highly correlated Equity Indices including Nasdaq (/NQ), S&P 500 Futures (/ES), Russell 2000 (/RTY), and Dow Futures (/YM).
How does a trader compare 3 contracts in a meaningful way if the contracts were not the same size (and specs)? How does a trader analyze the Nasdaq Futures contract, priced around $7,000, to a Crude Oil Futures contract, priced around $25, to Gold futures contracts priced at $1,645?
Equity EDGE provides the answer to these questions by making the comparison between completely distinct futures contracts as easy as comparing 2 against 4, or A against Z , transforming the comparison into an apples to apples scenario, rather than Nasdaq Index points vs Gold Ounces vs Crude Oil barrels. In addition, Equity EDGE analyzes P/L – the single factor that drives us all to trade, from beginning retail traders to sophisticated firms using automated algorithm trading.
WHAT DOES EQUITY EDGE DO?
CHART PRICE ACTION, NOT THE UNDERLYING OF THE PRICE
What sets the EDGE series apart is traders now are able to compare any future contract against any other future contract, regardless of asset class. Equity EDGE looks at how much $ each contract has moved and displays this information in a chart.
The red line is the E-mini S&P 500 Index Futures (JUN 20). On the right, notice how Equity EDGE shows the P/L impact of a 1 lot of /ES futures contract, rather than the current price of the index.
A SINGLE PANE FOR ALL EQUITY FUTURES CONTRACTS
With Equity EDGE you can compare each of the Equity Futures contracts on one chart. Again, notice each futures contract is displayed as the P/L impact of a 1 lot. The chart above starting with the white line is the /NQ (Nasdaq),in red the /ES (e-mini S&P 500), /YM (Dow), and /RTY (Russell 2000) in purple.
BUILD COMPLEX FUTURES CHARTS IN SECONDS
Easily construct any permutation of 2 or 3 legged pair trades, with adjustable contract sizes in each, again only showing the $$ P/L rather than how many pennies or dollars each one moved.
Charting equity spreads using Equity EDGE simplifies relative value trading.
ANALYZE THE PERCENTILE RANKINGS OF EACH SPREAD
Analyze the percentile rankings of each spread to better guide for potential turning points in the underlying instruments that make up the spread. Visual inspection is one thing, but quantifying exactly where the spread is relative to the timeframe is a must-have.
The light green line at the top is the spread between the /NQ Futures and /RTY Futures. This spread has a rank of 93.74% which means it’s trading at 93.74% of its highest value using the data on this chart.
The lowest line is the /RTY and /YM spread (green). This spread has a rank of 21.29%, indicating it’s 21.29% above its lowest level on the chart.
Purchase Equity EDGE for the low price of $997.
$997 – Equity EDGE
Equity EDGE – A trading tool (for ThinkorSwim only)
Includes 2.5+ hrs of Video Instruction
- ToS Installation
- Setup and Customization
- Overview and Use – Part 1
- Overview and Use – Part 2
Products Plotted (Default)
- ES (S&P 500)
- NQ (Nasdaq)
- RTY (Russel 2000 Index)
- YM (Dow Jones Industrial Average)
- GC (Gold)
- ZB (US Treasury)
- CL (Crude Oil)
- VX (Volatility)
- 40+ Combinations of Spread Possibilities
Futures Trading Education
2.5+ hrs of Video Education
- Futures Basics
- Futures Spreads
- Z-Score Indicator