The document describes Hawkeye, a trading tool that uses volume spread analysis, momentum, and pattern recognition to identify market reversals and trends. It includes indicators and tools available for TradeStation and eSignal platforms. The Hawkeye toolkit helps traders identify entry and exit points as well as take profits. Rules for scalping, maximum daily trades, using multiple timeframes, and exiting positions without levels are also outlined.

1. Trading the Currencies
With Hawkeye
www.HawkeyeTraders.com

2. What is Hawkeye?
Indicators based on Volume Spread
Analysis, Momentum, and Price Pattern
Recognition
Identifies market reversals
Identifies where to enter an existing trend
Identifies when to add to your position
when trading longer-term
longer-
Identifies when to exit your positions

3. Hawkeye Tool Kit
Includes the:
– Hawkeye Volume
– Hawkeye Volume Radar
– Hawkeye Wide Bar
– Hawkeye Pivots
– Hawkeye Adds
– Hawkeye Heatmap
– Hawkeye Trend + Stops
Available for TradeStation and eSignal

4. Hawkeye Tool Kit

5. Hawkeye Levels & Hooks
Includes:
– Hawkeye Levels for taking profits
– Hawkeye Hooks for identifying when to
enter an existing trend
Available for TradeStation and eSignal

6. Hawkeye Levels & Hooks

7. Hawkeye Tools for
TradeStation RadarScreen
Includes:
– Hawkeye Heatmap
– Hawkeye Trend + Stops
– Hawkeye Volume
– Hawkeye Wide Bar
– Hawkeye Pivots
Only available for TradeStation

8. Hawkeye Tools for TradeStation
RadarScreen

9. Time Frames Calculation
< 1000 ticks
– Multiply your short time frame by 4
For example, if you are trading a 240 tick as
your fast timeframe
– 240 x 4 = 960 ticks
> 1000 ticks
– Multiply your short timeframe by 2
For example, if you are trading a 1080 tick
chart as your fast timeframe
– 1080 x 2 = 2160 ticks

10. Time Frames Calculation
< 60 minutes
– Multiply your short time frame by 4
For example, if you are trading a 5 minute
chart as your fast timeframe
– 5 x 4 = 20 minutes
> 60 minutes
– Multiply your short timeframe by 2
For example, if you are trading a 60 minute
chart as your fast timeframe
– 60 x 2 = 120 minutes

11. Trading Rules
Maximum trades per day
– 2 unless 1 of the 2 are negative then you
can take a third trade
Use Multiple timeframes – unless
scalping then use one

12. Hawkeye Rules

13. Scalping FX
One timeframes for scalping
– Open of London at 8am (3am EST)
– Open of US at 8am
Set a definitive profit target, ie 15-20
15-
pips
Exit when target price is touched or
using Scalping Stop Exits

14. Market Reversals

15. Entry in an existing trend

16. Take Your Profits

17. Exiting Without Levels

18. Scalping Exit Rules

19. Exiting Without Levels
Conservative Traders – Use Slow Time
Frame
Aggressive Traders – Use Fast Time
Frame

20. Exiting Without Levels
If in congestion, i.e. Hawkeye Trend
Dots are flat
– Use Crash Barrier

21. Financial Reports & Forex
Daily FX calendar reports
– www.dailyfx.com
Click on Calendar
Click on EDT to have the report displayed in
Eastern Standard Time

22. Financial Report Example

23. Other Products
Custom EasyLanguage Programming
Mentoring
Seminars
Video Tutorial for New TradeStation
Users
hotComm Training Sessions