! GRaB Candles, Darvas 2.0 and Propulsion Dots

Make the best use of the important variables on your chart with the GRaB Candles, Darvas 2.0 and the Propulsion Dots! 

What are the GRaB Candles, Darvas 2.0 and Propulsion Dots? 

These indicators are specifically designed and configured by  Raghee Horner who is the Simpler Trading Futures, Forex and Currency trading expert. Her tools have been adopted by others in the Simpler Trading group and have been found to be a powerful asset to any traders arsenal of indicators. 

How to read these indicators:

Upper bars and down bars will dictate whether the candle is painted light or dark colors depending on if the bar is approaching or moving away from the 34 EMA wave most near by. So if price is above the Green 34 EMA and price closes higher you will see a lighter green candle color. If price closes lower, i.e. closer to the EMA then the candle will be painted a darker green. And this goes for blue and light blue and red and dark red when the candles also approach those EMAs. 

34  EMA Wave and GRaB Candles - The 34 EMA Wave plots three exponential moving averages, EMAs. 

Green bar - EMA of the price high, plotted green by default 
Red 34 - bar EMA of the price low, plotted red by default
Blue 34 - bar EMA of the price close, plotted blue by default
Wave and GRaB show us, at a glance, the market sentiment and trend. We look to participate in trend moves (trending green or red) and to avoid indecision or chop  (blue, or quick shifts between the three colors).
Darvas 2.0 – A Darvas level plots a horizontal line at new intermediate highs to lows. The color of the Darvas lines is either yellow, which indicates the level is plotting on a new relative high, or magenta, which indicates the level is plotting on a new relative lower high to lower low. We look to these levels as high probability zones for support or resistance. Previous Darvas zones can be extended to the right of the chart to find potential support or resistance levels. These are objective zones where the market has traded before which allows us to take a consistent approach to known support and resistance levels across all markets.
Propulsion Dots – Propulsion Dots plot when the fast EMA is above the slow EMA. Dots indicate momentum and that the market is “pressing down on the accelerator” in the direction of the trend. Dots below GRaB Candles show the market has upward momentum while dots above GRaB Candles show the market has downward momentum. No Propulsion Dots can be an equally telling indicator, as the market may not have enough momentum behind it to break.  

Which platforms support these indicators? 

You can download and install these indicators for free from several of the most popular platforms available to you. If you are a Tradestation user, you can simply go to the Tradestation App Store and download the indicators from there. If you are a Thinkorswim user or a Ninja Trader user, check out the article  links below for more information on how to get these indicators set up in your platform. If you are a Trading View user, you can search for the indicators under the Scripts section of the site. You can also use the links provide below. 

Tradestation: Check out the article below for more information on the indicators for this platform.

How to download and install Raghee Horner's GRaB Candles, Moving Averages, Propulsion, and Darvas

http://simpler-trading.helpscoutdocs.com/article/352-raghee-horners-grab-candles-moving-averages-propulsion-and-darvas

Thinkorswim: Check out the article below for more information on the indicators for this platform.

How to download and install Raghee Horner's GRaB Candles, Moving Averages, Propulsion, and Darvas

http://simpler-trading.helpscoutdocs.com/article/352-raghee-horners-grab-candles-moving-averages-propulsion-and-darvas

NinjaTrader 7:

Download and import the following: https://simplertrading.box.com/s/basaynlfo165fkdhvckbw3fh6l9u07un

Trading View: 

Proulsion Dots :  https://www.tradingview.com/script/mH62leIZ-Simpler-Trading-Propulsion/

Darvas 2.0 :  https://www.tradingview.com/script/FVko0O0M-Simpler-Trading-Darvas-Box/

GRaB Candles :  https://www.tradingview.com/script/CkAYWv3c-Simpler-Trading-GRaB-Candles/