Hawkeye Trading Rules Explained

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HawkeyeTM Trading RulesHawkeye Trading RulesExplainedA powerful set of proprietary trading tools utilizingVolume price analysisStandard deviationPattern recognitionCopyright 2005-2012 Hawkeye Traders All material contained herein is protected by U.S. and International copyrightlaw. No material contained in this manual can be used without the written, express permission of Hawkeye Traders.!www.hawkeyetraders.com1

HawkeyeTM Trading RulesTable of ContentsTable of contents! !!!!!!!!2Table of contents! !!!!!!!!3Disclaimer! !!!!!!!!4Software user agreement!!!!!!!5-10Welcome to the Hawkeye family !!!!!!11-13Introduction!!!!!!!14-17The Hawkeye tools and indicators!!!!!!18-19Getting started!!!!!!20Fatman indicator and trading rules!!!!!!21-24Fatboy indicator and trading rules!!!!!!25-27Radarscreen & Market Analyzer and trading rules!!!!28-29Roadkill indicator and trading rules! !!!!!30-37GearboxFX indicator and trading rules!!!!!38-39GearchangerFX indicator and trading rules! !!!!40-42GearboxNDX indicator and trading rules!!!!43-47GearchangerNDX indicator and trading rules!!!!48-50Trend and Stops indicator and trading rules!!!!!51-54Volume indicator and trading rules!!!!!55-57Volume Radar indicator and trading rules! !!!!58-60No Progress ndicator and trading rules!!!!61-62!!!!!!!!!!Copyright 2005-2012 Hawkeye Traders All material contained herein is protected by U.S. and International copyrightlaw. No material contained in this manual can be used without the written, express permission of Hawkeye Traders.!www.hawkeyetraders.com2

HawkeyeTM Trading RulesADDS indicator and trading rules!!!!!!63-64Widebar indicator and trading rules! !!!!!65-66Heatmap indicator!and trading rules! !!!!!67-68Pivots indicator and trading rules!!!!!!69-71Levels ATR and trading rules! !!!!!!72-75Levels indicator and trading rules!!!!!!76-77Grabba indicator and trading rules!!!!!!78-79KISS indicator and trading rules!!!!!!80-82Volume Paintbar and trading rules!!!!!!83-84Copyright 2005-2012 Hawkeye Traders All material contained herein is protected by U.S. and International copyrightlaw. No material contained in this manual can be used without the written, express permission of Hawkeye Traders.!www.hawkeyetraders.com3

HawkeyeTM Trading RulesDisclaimerTrading is considered a high-risk speculative strategy. Only risk capital should beused and the rigid observation of a system for loss control is stronglyrecommended. Additionally, the use of margin may dramatically increase the risksassociated with trading. Hawkeye Traders make no claims whatsoever regardingpast or future performance. Past results are no indication of future performance.Any trade alert is for educational purposes only. Hypothetical or simulatedperformance results have certain inherent limitations. Unlike an actual performancerecord, simulated results do not represent actual trading. Also, since the tradeshave not actually been executed, the results may have under – orovercompensated for the impact, if any, of certain market factors, such as lack ofliquidity. Simulated trading programs in general are also subject to the fact that theyare designed with the benefit of hindsight.No representation is being made that any account will, or is likely to, achieve profitsor losses similar to those shown.Copyright 2005-2012 Hawkeye Traders All material contained herein is protected by U.S. and International copyrightlaw. No material contained in this manual can be used without the written, express permission of Hawkeye Traders.!www.hawkeyetraders.com4

HawkeyeTM Trading RulesSoftware User AgreementIMPORTANT: PLEASE READ THIS AGREEMENT CAREFULLY BEFORECONTINUING WITH THE INSTALLATION PROCESS OF THE SOFTWARE ("THESOFTWARE"). BY INSTALLING THE SOFTWARE, YOU AGREE TO BE BOUNDBY THE TERMS OF THIS AGREEMENT. IF YOU DO NOT AGREE TO THETERMS OF THIS AGREEMENT, DO NOT INSTALL THE SOFTWARE.LicenseIf you have purchased a license to the Software, Hawkeye Traders grants you anonexclusive right and license to use the Software and the related documentation(the "Documentation") as set forth in this Agreement. You may use the Software ona single computer. You may also use the Software on a second (portable or home)computer, provided this uses the same account number, or customer number only.Additional and subsequent licenses for other platforms can be purchased at a 50%discount from the original retail price. You may make a single copy of the Softwarefor backup and archival purposes only provided that any copy must contain allproprietary notices included in the original. You may use the Documentation toassist in your use of the Software. If you download the Software without physicaldelivery of Documentation, you may review the Documentation online, but you maynot make further copies of the Documentation. You own the media on which theSoftware is recorded, but not the Software itself or any copy of it. This license is nota sale of the original or any copy of the Software.Copyright 2005-2012 Hawkeye Traders All material contained herein is protected by U.S. and International copyrightlaw. No material contained in this manual can be used without the written, express permission of Hawkeye Traders.!www.hawkeyetraders.com5

HawkeyeTM Trading RulesCopying, Transferring or Modifying SoftwareThe Software contains copyrighted material, trade secrets and other proprietary intellectualproperty. You may not permit concurrent use of the Software unless each user has anapplicable license. You may not permit other individuals to use the Software except underthe terms listed above. For the purposes of protecting Hawkeye Traders trade secrets, youmay not decompile, disassemble, reverse engineer or otherwise display the Software inhuman readable form. You may not modify, translate, rent, lease, distribute or lend theSoftware, and you may not sell to others the right to use the Software on your computer.You may not remove any proprietary notices or labels on the Software. You may not copy,transfer, transmit, sublicense or assign this license or the Software except as expresslypermitted in this Agreement.TermIf you have purchased a license to the Software, this Agreement and license areeffective from the time you accept the terms of this Agreement until this Agreementis terminated. You may terminate this Agreement at any time by destroying allcopies of the Software. This Agreement will terminate immediately and withoutfurther notice if you fail to comply with any provision of this Agreement. Allobligations of confidentiality and restrictions on use, and all other provisions thatmay reasonably be interpreted to survive termination of this Agreement, will survivetermination of this Agreement for any reason. Upon termination, you agree todestroy all copies of the Software. If you have obtained an evaluation copy of theSoftware, and have not purchased a license to the Software, this Agreement andlicense are effective for a period of thirty (30) days from the date of installation ofthe Software.Copyright 2005-2012 Hawkeye Traders All material contained herein is protected by U.S. and International copyrightlaw. No material contained in this manual can be used without the written, express permission of Hawkeye Traders.!www.hawkeyetraders.com6

HawkeyeTM Trading RulesWarranty DisclaimersTHE SOFTWARE AND THE DOCUMENTATION ARE PROVIDED "AS IS" ANDWITHOUT WARRANTIES OF ANY KIND, EXPRESS, STATUTORY OR IMPLIED,INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OFMERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT. THE ENTIRE RISK AS TO THE QUALITY AND PERFORMANCEOF THE SOFTWARE AND THE DOCUMENTATION IS WITH YOU. SHOULD THESOFTWARE OR THE DOCUMENTATION PROVE DEFECTIVE, YOU (AND NOTHAWKEYE TRADERS) ASSUME THE ENTIRE COST OF ALL NECESSARYSERVICING OR REPAIR.HAWKEYE TRADERS DOES NOT WARRANT THAT THE FUNCTIONSCONTAINED IN THE SOFTWARE WILL MEET YOUR REQUIREMENTS OROPERATE IN THE COMBINATION THAT YOU MAY SELECT FOR USE, THATTHE OPERATION OF THE SOFTWARE WILL BE UNINTERRUPTED OR ERRORFREE, OR THAT DEFECTS IN THE SOFTWARE WILL BE CORRECTED. NOORAL OR WRITTEN STATEMENT BY HAWKEYE TRADERS OR BY AREPRESENTATIVE OF HAWKEYE TRADERS SHALL CREATE A WARRANTY ORINCREASE THE SCOPE OF THIS WARRANTY.Notwithstanding the above, you may have certain warranty rights which vary fromstate to state and which cannot be disclaimed by contract. Any warranties that bylaw survive the foregoing disclaimers shall terminate ninety (90) days from the dateyou received the Software as shown by your receipt. Some states do not allowlimitations on how long an implied warranty lasts, so the foregoing limitation maynot apply to you if prohibited by law.Copyright 2005-2012 Hawkeye Traders All material contained herein is protected by U.S. and International copyrightlaw. No material contained in this manual can be used without the written, express permission of Hawkeye Traders.!www.hawkeyetraders.com7

HawkeyeTM Trading RulesLimitation of LiabilityYOUR SOLE REMEDIES AND HAWKEYE TRADERS’ ENTIRE LIABILITY ARESET FORTH ABOVE. IN NO EVENT WILL HAWKEYE TRADERS BE LIABLE FORDIRECT, INDIRECT, INCIDENTAL OR CONSEQUENTIAL DAMAGES RESULTINGFROM THE USE OF THE SOFTWARE, THE INABILITY TO USE THESOFTWARE, OR ANY DEFECT IN THE SOFTWARE, INCLUDING ANY LOSTPROFITS, EVEN IF THEY HAVE BEEN ADVISED OF THE POSSIBILITY OFSUCH DAMAGE. IN NO EVENT WILL HAWKEYE TRADERS’ TOTAL LIABILITYTO YOU FOR ALL DAMAGES, LOSSES, AND CAUSES OF ACTION (WHETHERIN CONTRACT, TORT, INCLUDING NEGLIGENCE, OR OTHERWISE) EXCEEDTHE AMOUNT YOU PAID FOR THIS PRODUCT. SOME JURISDICTIONS DONOT ALLOW THE EXCLUSION OR LIMITATION OF RELIEF, INCIDENTAL ORCONSEQUENTIAL DAMAGES, SO THE ABOVE LIMITATION OR EXCLUSIONMAY NOT APPLY TO YOU.You agree that Hawkeye Traders will not be liable for defense or indemnity withrespect to any claim against you by any third party arising from your possession oruse of the Software or the Documentation.Copyright 2005-2012 Hawkeye Traders All material contained herein is protected by U.S. and International copyrightlaw. No material contained in this manual can be used without the written, express permission of Hawkeye Traders.!www.hawkeyetraders.com8

HawkeyeTM Trading RulesExport Control LawsYou agree to comply with all laws, rules and regulations applicable to the export ofthe Software or the Documentation. Specifically, you shall not export, re-export ortransship the Software or the Documentation, or the direct product thereof, inviolation of any United States laws and regulations which may from time to time beapplicable.None of the Software or underlying information or technology may be downloadedor otherwise exported or re- exported (i) into any country to which the U.S. hasembargoed goods; or (ii) to anyone on the U.S.Treasury Department's list ofSpecially Designated Nationals or the U.S. Commerce Department's Table ofDenial Order. By downloading or using the Software, you are agreeing to theforegoing and you are representing and warranting that you are not located in,under the control of, or a national or resident of any such country or on any suchlist.Government Restricted RightsThe Software has been developed at private expense and is "commercial computersoftware" or "restricted computer software" within the meaning of the FARs, theDFARs, and any other similar regulations relating to government acquisition ofcomputer software. Nothing contained herein will be deemed to grant anygovernment agency any license or other rights greater than are mandated bystatute or regulation for commercial computer software developed entirely at privateexpense.Copyright 2005-2012 Hawkeye Traders All material contained herein is protected by U.S. and International copyrightlaw. No material contained in this manual can be used without the written, express permission of Hawkeye Traders.!www.hawkeyetraders.com9

HawkeyeTM Trading RulesEntire AgreementThis Agreement is the complete agreement between Hawkeye Traders andyou, and supersedes all prior agreements, oral or written, with respect to thesubject matter hereof. If you have any questions concerning this Agreement,you may write to Hawkeye Traders, Customer Service, [email protected] AgreementBy continuing to read the trading rules contained in this document you herebyagree to be bound by the terms of this agreement, and all the conditions andindemnities contained within it.Copyright 2005-2012 Hawkeye Traders All material contained herein is protected by U.S. and International copyrightlaw. No material contained in this manual can be used without the written, express permission of Hawkeye Traders.!www.hawkeyetraders.com10

HawkeyeTM Trading RulesWelcome To The Hawkeye FamilyWelcome once again to the Hawkeye family, and thank youfor investing in Hawkeye, the world’s only trading softwarebased on Volume Price Analysis.The Hawkeye software works in all markets, and in all timeframesallowing you to trade in commodities,indices, stocks, bonds and currencies withequal ease. In addition, Hawkeye providesyou with two unique indicators, theGearbox and the Gearchanger, whichreveal each day the optimal tick charts totrade, giving you the edge you need totrade in harmony with market momentum.So whether you are an intra day trader, or a longer term swing ortrend trader, the Hawkeye software has it all.Trading success of course is based on many things, but one of theguiding principles I believe, is to keep things simple, and thisapplies both to your trading strategies, and also to your all importanttrading plan. Having a simple trading plan, which you follow in eachand every trade, is one of the cornerstones of success, and inHawkeye we are fortunate in having a suite of indicators which tellus when to get in, help us to stay in, and then get out, with aprofit( or a small loss ).Copyright 2005-2012 Hawkeye Traders All material contained herein is protected by U.S. and International copyrightlaw. No material contained in this manual can be used without the written, express permission of Hawkeye Traders.!www.hawkeyetraders.com11

HawkeyeTM Trading RulesWe have all come across the phrase, ‘the trend is your friend’ butthis is indeed one of the truisms of trading success.Most traders struggle to master this difficult skill, since our emotionsare telling us to exit as soon as we have a small profit in anyposition. With Hawkeye however, this skill is mastered easily, as wesimply follow our simple exit rules, guided by the most powerfulindicators available, such as Trend and Stops, which paints ourtrend for us, and all of course underpinned by the unique Hawkeyealgorithms which forecast the market’s intent based on VolumePrice Analysis. If the first golden rule of trading success, is to keepthings simple, then the second golden rule is to trade without anopinion, and to simply trade what we see on our charts.As traders, we are bombarded from all sides with news, analysisand comment from all sides and from an increasingly diversenumber of channels.So at times this can be hard to achieve, but achieve it we must.Trade only what we see on our chart, and not what the weight ofmarket opinion or the latest expert analysis is advising.They are generally wrong, and have no value, other than to feed thevoracious appetite that is the media, in all its forms.With Hawkeye, you have a unique and powerful suite of tools,which undertake 360 calculations on each and every price bar.Copyright 2005-2012 Hawkeye Traders All material contained herein is protected by U.S. and International copyrightlaw. No material contained in this manual can be used without the written, express permission of Hawkeye Traders.!www.hawkeyetraders.com12

HawkeyeTM Trading RulesThese calculations are not influenced by human opinion, politicalambition, or natural disaster. Hawkeye simply analyzes the priceand volume relationship using a combination of standard deviationand price pattern recognition, which is then coupled with the volumeprice algorithms to deliver the most powerful trading software in theworld.My own trading journey started with Hawkeye and after spending 20years learning how to trade and building my personal success onHawkeye, I would like to give something back. This is the start ofyour own trading journey, and I would like to welcome you onceagain to the Hawkeye family.It may be a cliched saying, but our success is your success,something I truly believe, and if I can help in any way whatsoever,you only have to ask. Over the years I have built many friendshipswith traders from around the world, something I would like tocontinue as Hawkeye reaches an ever larger audience.So please do keep in touch - I love to hear from customers aroundthe world, and I or a member of the Hawkeye team will always getback to you. Good trading and thank you once again.Nigel Hawkes- Founder,Hawkeye TradersCopyright 2005-2012 Hawkeye Traders All material contained herein is protected by U.S. and International copyrightlaw. No material contained in this manual can be used without the written, express permission of Hawkeye Traders.!www.hawkeyetraders.com13

HawkeyeTM Trading RulesIntroductionOne of the defining characteristics of a consistently successfultrader is one who has a trading plan with trading rules that aresimple to follow and adhere to. It is the cornerstone of tradingsuccess on which every other element is built. It is a business plan,rule book and financial planner, all rolled into one. Having such aplan will, not only help to elevate your trading to new heights, but itwill also keep you safe from yourself - no more emotional tradingdecisions, and it will also help to preserve your trading capital.A trading plan with trading rules should be considered a livingdocument as it can and will change over time as your skills andknowledge develop and increase. This does not mean the rules arechanged on a daily basis, rather the rules can be modified andadjusted as you gain more experience or if your personalcircumstances change, where perhaps you have more time todevote to your trading. This could require your plan to be modifiedor amended accordingly, with a possible change in strategy.As a Hawkeye user writing a trading plan with trading rules is madeeasy for you because the software is based on exploiting themarket’s only leading indicator, namely volume. Hawkeye thentakes this one step further by looking at volume in multiple timeframes to help traders reduce their risk of entry.Copyright 2005-2012 Hawkeye Traders All material contained herein is protected by U.S. and International copyrightlaw. No material contained in this manual can be used without the written, express permission of Hawkeye Traders.!www.hawkeyetraders.com14

HawkeyeTM Trading RulesHawkeye users are also in the fortunate position of havingindicators which come with suggested rules for usage but which canalso be incorporated into personal trading strategies and basedindividual circumstances and attitudes to risk.The Hawkeye indicators have been designed to help you get intosuccessful trades and then stay there to maximize your profits.Equally important are the trade management and exit rules andhere Hawkeye’s unique indicators will ensure you take your profitsoff the table as well as keeping you safe and protecting your tradingcapital when trades move against you.All the indicators have been incorporated into the Hawkeye ThreeStep Trading System which can be applied to any market and anytime frame. In addition some of the indicators have a multifunctional role. For example, the powerful trend and stops indicatorwill signal a possible entry with a change in trend dot colour, whichwill then keep you in, provided the trend continues with the samecolor. And ultimately you can also exit using this indicator when thetrend color changes.Here is how you use the indicators with the Hawkeye Three StepTrading System, and this document SHOULD be read inconjunction

GearboxNDX indicator and trading rules! ! ! ! !43-47 GearchangerNDX indicator and trading rules! ! ! !48-50 Trend and Stops indicator and trading rules!! ! ! !51-54 Volume indicator and trading rules! ! ! ! ! !55-57 Volume Radar indicator and trading rules! ! ! ! !58-60 No Progress ndicator and trading rule