Download PowerTools 10.5 for eSignal
Version 10.5 of PowerTools Trading System for eSignal was released in July 2008.
If you are a current *monthly subscriber* to PowerTools for eSignal and wish to use this version, please upgrade to eSignal Version 10.1.1a OR follow the instructions below to download the EFS file into your preferred version of eSignal.
Point your mouse cursor at the link below, RIGHT CLICK THE LINK and select “Save Target/Link As…” from the menu to save the file to your computer :
Assuming that eSignal Advanced Charting is installed on your C: drive, when the Save As dialog box pops up, double click each folder icon in this sequence: My Computer > C: > Program Files > eSignal > Formulas > Advanced > PowerTools folder.
Click the Save button and the PT-TradingSystem.efs file will be downloaded to
C:\Program Files\eSignal\Formulas\Advanced\PowerTools
The old PT-TradingSystem.efs file will be overwritten by the current one, and you will be using the latest version. All other files in the PowerTools directory should be deleted.
Release Notes
Please check all settings carefully before using as some have been changed in this upgrade. Refer to Technical Specifications if you have any questions.
The main feature of PowerTools 10.5 is the Universal StopFactor.
The “tightness” of the stops is controlled by the StopFactor setting. By default, the ideal StopFactor is dynamically calculated on a bar-by-bar basis to automatically select a setting between 1.0 and 1.5, making it unnecessary for you to select a specific setting.
