theGRAFster.com
Economical Software for Investors
Tips
- analysis tips

Support
- faqs

Register
- how to

Downloads
- zipped files

Futures Charts
- save this page

GRAFster
- more info

OptionTools
- more info

GimmeFreeData
- more info
Trend Change and Predictive Techniques
  Try GRAFster6 for free and see for yourself
USO Chart
The indicator on the chart above is an example of a technique that can be used to anticipate price reversal levels. Doing so enables you to sell in the face of market strength and buy weakness before a reversal occurs.Predictive methods can be refined by combining them with other confirming indicators. More info is given on the Tips Page or look at the GRAFster6 Help file for a detailed explanation.
BP Sequential + Combo Chart
The yellow lines lines are smoothed volatility bands. They expand and contract with changes in the standard deviation of bar to bar price changes (i.e. volatility). These bands can be interpreted to mark possible trend change levels. That is, DOWN trending prices tend to reverse when price (a close) breaksout above the upper band. Likewise, UP trending prices often reverse when price (a close) breaksdown below the lower band.

The colored horizontal lines mark possible price support and resistance levels (ala the Edwards and Magee major trend definition). UP trending prices show green support lines and DOWN trending prices show red resistance lines. Breakdowns below support and breakouts above resistance suggest a trend change has taken place.

Consider using these trend lines alone or together as confirmations of other signals, like the 'Ceequential' Top/Sell on the BP chart above.
EMail your comments to support at thegrafster dot com

Thanks for visiting! Come back and check for updates.
Last updated 15 May 2010