!Top Hat Indicator

Quickly identify opportunities to hedge with the ST Top Hat Indicator!

Thinkorswim View: 

Thinkorswim View: 

Tradestation View:

Overview: 

The ST Top Hat indicator is designed to alert you when a possible trend reversal or at least a trend change is immanent. This heads up warning allows you to hedge your current trades to maintain optimal positioning in the market. 

This article will walk you through a few examples of the indicator in action where you will be able to clearly define the set up and understand how to make use of this indicator. 

Bullish Examples - Indicator shows where "Tops" appear to be forming in the current underlying. 

TSLA - Tesla

AAPL - Apple

XLI - Spider Trust

QQQ - Powershare QQQ

NQ - E mini Nasdaq

Bearish Examples - Indicator shows where "Bottoms" appear to be forming in the current underlying. 

AZO - Autozone Inc.

/CL - Light Sweet Crude

Wrap Up: 

Hopefully after going through these examples, the set ups are more clear to you and you can take advantage of these high probability situations. With the ST Top Hat indicator you can stay ahead of the curve.

For more information on which strategies to use or how to trade with this tool, check out the class via the link below. 

"ETF Haystack Options Method Class"