Free Price Action Indicator for Download: ABC Software
The ABC Software or ABC Indicator as it is sometimes called, is a free download provided by DayTradeToWin. DayTradeToWin is a famous purveyor of price action software and trading methods, having taught traders for well over a decade.
The ABC is one of their giveaways provided via a Free Member account. After signing up for a Free Member account, you’ll get access to the Free Members page, which contains a lot of helpful day trading videos. If you want to learn how to day trade, the content there may be a great first step.
Sign up for a DayTradeToWin Free Member account
What is the ABC, anyway? If you think of an E-mini S&P 500 chart and how the open is considered 9:30 a.m. ET, from that time to noon is considered part A.
The next 2.5 hours is part B. Part C forms in a similar way. Parts B and C are significant because this is when the entry can occur. This is when price action can determine whether or not there’s a trade.
Each portion of the day, A, B, and C, create a range. The range of A determines the breakout entry in B. B’s range determines the breakout entry in C. There is no D, so this method stops trading after the C breakout, if it occurs.
And that brings up a good point – some days, there will not be entry signals. However, most days should produce at least one signal. Sign up for a Free Member account to see how the ABC will help you become a better day trader.