Expand All
- CFD Providers
- CFD Trading
- Compare CFD ProvidersCompare commission charges, spreads, markets offered, order execution, margins and other CFD features
- CFD Opportunities & PitfallsOpportunities and pitfalls of trading contracts for difference.
- CFD GlossaryAlphabetical list of CFD terms.
- Compare CFD Providers
- Compare All CFD Providers
- CFD SummaryCompare all CFD providers -- major features.
- Markets CoveredStocks and markets covered by major CFD providers.
- Orders & ExecutionWhich CFD providers offer direct market access, straight through processing and/or guaranteed stop loss orders.
- CFD ChargesWhich CFD providers offer the lowest commissions, interest rates, trading spreads and monthly charges.
- CFD MarginsWhich CFD providers offer the best margin leverage and which require the lowest minimum starting balance.
- CFD Summary
- CFD Trading
- Chart Patterns
- Long-Term Patterns
- Chart PatternsChart Patterns are formed by support and resistance levels and by trend lines.
- Cup and HandleThe cup and handle is a longer term continuation pattern, similar to an ascending triangle.
- Double TopsDouble tops are useful reversal patterns in an up-trend, identified by two peaks of similar height, followed by a break below the intervening trough.
- Head & ShouldersA powerful reversal signal, the head and shoulders pattern is completed by a lower peak followed by a break below the neckline.
- Support/ResistanceSupport and resistance are the foundation stone of all technical analysis.
- Trading RangesTrading Ranges are formed by support and resistance lines in close proximity. Price fluctuates in a narrow band with no clear trend.
- Triangles & WedgesTriangles and wedges can be powerful continuation or reversal patterns, depending on their shape.
- Triple TopsTriple tops are similar to double tops and comprise three peaks of similar height.
- Chart Patterns
- Short-Term Patterns
- Short-Term Support & ResistanceSupport, resistance and trading ranges.
- Flags & PennantsFlags and pennants are short-term congestion patterns that form in trends and are reliable continuation signals.
- RectanglesRectangles are narrow consolidations in a trend.
- Rectangle SignalsRectangles are of the most reliable chart patterns when they appear in close proximity to support or resistance during an up-trend.
- Volume PatternsVolume activity provides powerful confirmation of price signals and often gives advance warning.
- Trading CandlesticksTo improve Candlesticks accuracy, combine with Volatility, Volume, Support/Resistance and Trendlines.
- Short-Term Support & Resistance
- Daily Patterns
- Bar/OHLC ChartsHow to identify trends, control, commitment, uncertainty, inside and outside days.
- Candlestick ChartsCandlestick chart patterns are able to highlight trend weakness and reversal signals that may not be apparent on a normal bar chart.
- GapsGaps are often found at breakouts or during a strong trend.
- Wide Ranging DaysA powerful signal, especially after big volume changes or a strong trend.
- SpikesA spike is identified by a high sharply above the days on either side, a close near the day's low, and a strong preceding trend.
- Volume Spikes/DipsThere are two times where daily volume will highlight unusual trading activity: a spike above the normal range or a dip below normal activity levels.
- Bar/OHLC Charts
- Reversal Days
- Reversal DaysEvery trend change is signaled by a reversal day. The secret is to identify their potency.
- Closing Price ReversalA powerful reversal signal, especially with a large spike after a strong advance...
- Hook ReversalAn inside day that signals a fairly weak reversal...
- Island ReversalIsland reversals are powerful signals, identified by gaps between the signal day and the days on either side...
- Key ReversalKey reversal signals do not occur very often but are definitely worth the wait...
- Open-Close ReversalOpen-Close reversals are potent reversal signals when they follow a strong trend.
- Pivot Point ReversalPivot point reversals are the simplest and most commonly encountered of all reversal signals.
- Reversal Days
- Point & Figure Patterns
- Basic Point & Figure PatternsBasic Point and Figure chart patterns: Support and resistance, trendlines, breakouts, bullish and bearish signals.
- Bull & Bear TrapsOne of the most reliable Point and Figure chart patterns, Bull Traps occur when an upward breakout retreats back below the new support level.
- Cup & HandleIdentify the cup and handle pattern on Point and Figure charts. Popularized by William J O'Neill (How To Make Money In Stocks).
- False BreaksSimilar to Point and Figure bull and bear traps, false (or marginal) breaks occur at minor support levels (from a previous low) or minor resistance.
- RetracementsRetracements (or corrections), during a Point and Figure trend, tell us about the strength of the trend.
- SpikesAn upward Point and Figure spike is where a rally exceeds the previous column of Xs by at least 10 boxes.
- Trend ReversalsAfter a Point and Figure up-trend, marginal new highs (especially where accompanied by equal or lower lows) indicate a loss of momentum.
- TrianglesFor a valid Point and Figure triangle there must be at least two retracements counter to the prevailing trend.
- Basic Point & Figure Patterns
- Long-Term Patterns
- Contents
- Education
- Technical AnalysisWhat is technical analysis and does it really work? The foundations of technical analysis are support and resistance. Dow Theory builds on this to analyze the structure of trends.
- Chart PatternsChart Patterns are formed by support and resistance levels and by trend lines. They include long-term patterns such as Head & Shoulders, short-term patterns such as flags, daily reversal patterns, candlesticks and Point & Figure.
- Candlestick ChartsCandlestick chart patterns are able to highlight trend weakness and reversal signals that may not be apparent on a normal bar chart.
- Point & Figure ChartsPoint & Figure charts are used to identify support levels, resistance and chart patterns. Point and Figure ignores the time factor and concentrate solely on movements in price.
- Moving AveragesExponential, Simple, Weighted and Wilder moving averages: formula, selection, signals and trading systems.
- Indicators A ~ ZA complete guide to technical analysis indicators.
- Trading StrategyHow to protect your capital with proper risk management strategies. How to position your stop loss orders. How to avoid common trading traps and control your emotions while trading.
- Stock ScreenerThe Stock Screener is used to identify securities that warrant further analysis. Filters include Price, Volume, Moving Averages, MACD, Bollinger Bands, Directional Movement, RSI, Stochastic, and many others.
- EconomyInterest rates, yield curves, central banks such as the US Federal Reserve, inflation, gold, and crude oil.
- InvestingActive investors combine fundamental and technical analysis, moving in and out of the market in accordance with the phases of the business cycle.
- Technical Analysis
- Trading Diary
- Trading DiaryColin Twiggs' free Trading Diary newsletter
- Free Market UpdatesFree weekly Economics, Stocks, Forex, Gold, Commodities and Trading Education updates
- Trading Diary
- Incredible Charts
- About UsIncredible Charts was started by two brothers: Robin Twiggs, a Pascal/Delphi programmer; and Colin Twiggs, a chartered accountant with a background in investment banking.
- Incredible OfferIncredibleCharts stock charting software, online data feed, plus Daily Trading Diary updates -- all for only $12 (USD) per month.
- Free ChartingIncredible Charts free charting software and free data for students and weekend browsers.
- Download Incredible ChartsFree Stock Charting Software. Powerful stock screens. Online data for NYSE, NASDAQ, AMEX, OTCBB, OTC Markets, LSE, ASX, World Indices, Forex and Precious Metals
- Quick Tour (pdf)One-minute tour of Incredible Charts charting software and stock screener.
- Help Manual (pdf)A brief overview of how to use Incredible Charts Charting Software.
- Contact UsFAQs, Technical Support, Premium Members Support, Telephone & Fax Numbers.
- About Us
- Education
- Economy
- Economic Indicators
- The Yield CurveNegative yield curves have proved reliable predictors of economic recession. However, recent experience in the United Kingdom and Australia raises questions...
- Debt GrowthDebt growth is important because it reveals the level of inflationary pressure in the economy; and inflationary pressure indicates future interest rate policy.
- The Yield Curve
- Banks & Interest
- Interest Rates and the EconomyInterest rates have a big influence on stock markets because of three factors.
- Central BanksCentral banks and interest rates: There is an intrinsic interest rate in any market that matches demand for credit with savings.
- How Banks Create MoneyHow Banks Create Money out of Thin Air: Most money in the economy is held in the form of deposits with banks rather than in the form ...
- Who Caused the GFC?Who caused the global financial crisis? Was it the banks? The shadow banking system? The rating agencies? Or fraudulent mortgage originators? The were all actors in the tragedy, but the producer, director and lead role was played by the Fed.
- Future Banking PanicsTo protect ourselves from future banking panics we need to understand the underlying causes. Panics are normally precipitated by an insolvency crisis, which then escalates into a liquidity crisis as depositors rush to withdraw their funds.
- The Fed's Failed Monetary PolicyBen Bernanke and I have little in common, but we share the view that any form of recovery is dependent on confidence. Where we differ is in how to restore confidence.
- Big Picture 2011An excellent CNBC interview with Jeremy Grantham where he explains the game the Fed is playing: over-pricing bonds so that investors are forced back into stocks, even when dangerously over-valued.
- Wright's ModelNegative yield curves have proved to be reliable predictors of economic recession over the past 50 years. Research by Jonathan Wright, a research economist at the Federal Reserve, questioned whether this relationship still held. But his questions were answered by the GFC in 2007/2008.
- Interest Rates and the Economy
- Managed Funds
- Fund ManagersInvesting in Mutual Funds: If you do not have the time or expertise to manage your own investments then mutual funds may be your only option...
- Fund Managers
- Economic Threats
- Balance Sheet RecessionRichard Koo, Chief Economist %u2013 Nomura Research, explains why quantitative easing (QE) will not work in the GFC. Japan experienced this over the last two decades; the current crisis is merely a re-run.
- Debt to GDPThe real danger posed by debt is once debt becomes a significant fraction of GDP, and its growth rate substantially exceeds that of GDP, the economy will suffer a recession even if the debt to GDP ratio merely stabilizes. By Associate Professor Steve Keen, University of Western Sydney.
- Cause for ConcernSerious imbalances in the US economy: Paul Volcker, former chairman of the Federal Reserve (1979 - 1987), in his February 2005 address to the Stanford Institute for ...
- The Impact of InflationInflation is the most commonly used economic term in the popular media. A Nexis search in 1996 found 872,000 news stories over the past twenty years that used the word inflation.
- What's Behind the Interest Rate ConundrumINTEREST RATES, RECESSION OR DEPRESSION? Reproduced with kind permission from Aubie Baltin. Before we can even begin to discuss interest rates intelligently, we must first define what it is that we are actually talking about ...
- How Socialism WorksA simple illustration of how socialism reduces incentives to work.
- Balance Sheet Recession
- Gold
- Gold-Oil RatioThe Link Between Gold and Oil. Gold and crude oil prices tend to rise and fall in sympathy with one another. There are two reasons for this ...
- Gold and the DollarGold is generally quoted in US dollars per ounce of gold; so any fluctuations in the strength of the dollar are likely to be reflected in the dollar priceof gold.
- Gold-Oil Ratio
- Economic Indicators
- Education
- Technical Analysis Foundation
- Technical AnalysisWhat is Technical Analysis? Foundations of Technical Analysis and does it really work?
- Support/ResistanceSupport and resistance are the foundation stone of all technical analysis.
- Chart BasicsThe key to analysing bar charts: control, commitment, OHLC, whipsaws, long and short positions...
- Time FramesExpose hidden trends: markets trend in more than one direction at the same time...
- Technical Analysis
- Dow Theory
- Dow TheoryThe simplicity of these observations by Charles Dow belie their immense impact on the field of technical analysis.
- Dow Theory - TrendsHow to identify trends and trend changes.
- Dow Theory - Lines (Ranging Markets)Lines (or ranging markets may take the place of a secondary reaction.
- Dow Theory - ConfirmationBull and Bear markets are confirmed by both the Industrial and Transport Averages...
- Dow Theory - Market PhasesBull and bear markets each have three phases.
- Dow Theory
- Trend Analysis
- MA SystemsCrossovers of fast and slow moving averages are particularly useful for identifying trends and make an effective trading system when combined with stop losses.
- Directional Movement - TrendsAn often-discussed system for tracking trends is the Directional Movement System set for weekly, rather than daily, directional movement. We compare performance to Stan Weinstein's breakout model.
- Short-Term TrendsNever trade against the trend - a fundamental principle in technical analysis. That's easy enough to follow, but how do you determine the trend?
- Trend StrengthThree main indicators of the strength of a trend.
- Trend LinesThe trend line is a powerful momentum indicator, alerting you to any acceleration or deceleration of the trend.
- Forex Trend ChannelsTrend channels are one of the best available tools for identifying changes in trend momentum.
- Standard Deviation ChannelsStandard deviation channels, plotted at a set number of standard deviations around a linear regression line, provide useful entry and exit signals for trading trends.
- MA Systems
- Stock Market Cycles
- Reading The Stock MarketThe behavior of the market is the most powerful influence on the performance of every stock.
- CyclesThe change in prices on any day is influenced by a number of cycles in different time frames...
- Coppock IndicatorEdwin Coppock designed this oscillator with one sole purpose: to identify the commencement of bull markets.
- Bullish Percent IndexDeveloped by Chartcraft, the index combines bull signals from individual stocks to identify market trends.
- Market Tops & BottomsWilliam J. O'Neill identifies these signals in 24 Essential Lessons for Investment Success.
- Interest Rates and the EconomyInterest rates have a big influence on stock markets because of three factors.
- Reading The Stock Market
- Chart Types
- Bar/OHLC ChartsHow to identify trends, control, commitment, uncertainty, inside and outside days.
- Candlestick ChartsCandlesticks contain the same data as a normal bar chart but highlight the relationship between opening and closing prices.
- Equivolume ChartsThe greatest advance in the last decade, equivolume exposes price and volume interaction.
- Candlestick & OHLC ColorsCandlesticks are colored according to opening and closing price, OHLC by comparing closing price to the previous close.
- Point & Figure Charting GuideSuggests suitable Point & Figure settings: log or normal scale; box size and reversal amounts; and pricing method.
- Bar/OHLC Charts
- Long-Term Patterns
- Chart PatternsChart Patterns are formed by support and resistance levels and by trend lines.
- Cup and HandleThe cup and handle is a longer term continuation pattern, similar to an ascending triangle.
- Double TopsDouble tops are useful reversal patterns in an up-trend, identified by two peaks of similar height, followed by a break below the intervening trough.
- Head & ShouldersA powerful reversal signal, the head and shoulders pattern is completed by a lower peak followed by a break below the neckline.
- Support/ResistanceSupport and resistance are the foundation stone of all technical analysis.
- Trading RangesTrading Ranges are formed by support and resistance lines in close proximity. Price fluctuates in a narrow band with no clear trend.
- Triangles & WedgesTriangles and wedges can be powerful continuation or reversal patterns, depending on their shape.
- Triple TopsTriple tops are similar to double tops and comprise three peaks of similar height.
- Chart Patterns
- Short-Term Patterns
- Short-Term Support & ResistanceSupport, resistance and trading ranges.
- Flags & PennantsFlags and pennants are short-term congestion patterns that form in trends and are reliable continuation signals.
- RectanglesRectangles are narrow consolidations in a trend.
- Rectangle SignalsRectangles are of the most reliable chart patterns when they appear in close proximity to support or resistance during an up-trend.
- Volume PatternsVolume activity provides powerful confirmation of price signals and often gives advance warning.
- Trading CandlesticksTo improve Candlesticks accuracy, combine with Volatility, Volume, Support/Resistance and Trendlines.
- Short-Term Support & Resistance
- Daily Patterns
- Bar/OHLC ChartsHow to identify trends, control, commitment, uncertainty, inside and outside days.
- Candlestick ChartsCandlestick chart patterns are able to highlight trend weakness and reversal signals that may not be apparent on a normal bar chart.
- GapsGaps are often found at breakouts or during a strong trend.
- Wide Ranging DaysA powerful signal, especially after big volume changes or a strong trend.
- SpikesA spike is identified by a high sharply above the days on either side, a close near the day's low, and a strong preceding trend.
- Volume Spikes/DipsThere are two times where daily volume will highlight unusual trading activity: a spike above the normal range or a dip below normal activity levels.
- Bar/OHLC Charts
- Reversal Days
- Reversal DaysEvery trend change is signaled by a reversal day. The secret is to identify their potency.
- Closing Price ReversalA powerful reversal signal, especially with a large spike after a strong advance...
- Hook ReversalAn inside day that signals a fairly weak reversal...
- Island ReversalIsland reversals are powerful signals, identified by gaps between the signal day and the days on either side...
- Key ReversalKey reversal signals do not occur very often but are definitely worth the wait...
- Open-Close ReversalOpen-Close reversals are potent reversal signals when they follow a strong trend.
- Pivot Point ReversalPivot point reversals are the simplest and most commonly encountered of all reversal signals.
- Reversal Days
- Point & Figure
- Point & Figure ChartsPoint and Figure charts are used to identify support levels, resistance and chart patterns. Point and Figure ignores the time factor and concentrate solely on movements in price.
- Point & Figure Charting GuideSuitable Point & Figure settings: log or normal scale; box size and reversal amounts; and pricing method.
- Point & Figure SetupCreate custom Point and Figure chart s from the Indicator Panel.
- Point & Figure Charts
- Point & Figure Patterns
- Basic Point & Figure PatternsBasic Point and Figure chart patterns: Support and resistance, trendlines, breakouts, bullish and bearish signals.
- Bull & Bear TrapsOne of the most reliable Point and Figure chart patterns, Bull Traps occur when an upward breakout retreats back below the new support level.
- Cup & HandleIdentify the cup and handle pattern on Point and Figure charts. Popularized by William J O'Neill (How To Make Money In Stocks).
- False BreaksSimilar to Point and Figure bull and bear traps, false (or marginal) breaks occur at minor support levels (from a previous low) or minor resistance.
- RetracementsRetracements (or corrections), during a Point and Figure trend, tell us about the strength of the trend.
- SpikesAn upward Point and Figure spike is where a rally exceeds the previous column of Xs by at least 10 boxes.
- Trend ReversalsAfter a Point and Figure up-trend, marginal new highs (especially where accompanied by equal or lower lows) indicate a loss of momentum.
- TrianglesFor a valid Point and Figure triangle there must be at least two retracements counter to the prevailing trend.
- Basic Point & Figure Patterns
- Indicator Basics
- Using IndicatorsWhen using indicators, it pays to understand their strengths and weaknesses.
- Favorite IndicatorsMy favorite indicators.
- Indicator SignalsExplains basic indicator and trend concepts: respect, whipsaws, divergence, and failure swings.
- Indicator Time FramesA key principle when using indicators: set the time frame to reflect the cycle being traded...
- Fibonacci NumbersFibonacci numbers are named after Leonardo Fibonacci, a twelfth century Italian mathematician who discovered the Golden ratio.
- Linear RegressionLinear regression fits a straight line to the selected data using a method called the Sum Of Least Squares.
- Using Indicators
- Compare Stocks/Indices
- Compare PricesCompare stock and/or index prices. Overlays can be plotted unadjusted, or to intercept on a selected date.
- Price ComparisonPrice Comparison plots the performance of a stock against an index or a related stock.
- Price DifferentialSimilar to Price Comaprison, you can compare bond yields or interest rates that share the same price axis.
- Price RatioA powerful tool for stock selection, Price Ratio is also referred to as Relative Strength and compares the performance of a stock relative to an index or a related stock.
- Relative Strength (Compare)Relative Strength calculates the strength of one stock/index compared to a second stock/index, either with/without a specified intercept date.
- Compare Prices
- Moving Average Types
- Moving AverageThe Moving Average smooths price data to create a powerful measure of trend direction. Simple, weighted and exponential moving averages are most popular.
- Simple Moving AverageSimple moving averages are easy to construct, but prone to distortion: they tend to "bark twice".
- Exponential Moving AverageExponential moving averages are more sophisticated than simple moving averages and do not suffer from the same distortions.
- Weighted Moving AverageWeighted moving averages eliminate the distortion common to simple moving averages, but are more difficult to construct than exponential moving averages.
- Wilder Moving AverageWilder moving averages are used mainly in indicators developed by J. Welles Wilder. Essentially the same as an exponential moving average, they use different weightings, for which users need to make allowance.
- Moving Average FiltersFilters are employed to reduce the number of whipsaws when using moving average systems.
- Moving Average High/Low/OpenCalculates moving averages using daily, weekly or monthly Highs/Lows/Opens.
- Selecting A Long-Term Moving AverageHow to select a long-term moving average to track the primary trend.
- Moving Average
- Moving Average Systems
- Two Moving AveragesFast and slow moving averages provide a powerful measure of trend strength and direction.
- Three Moving AveragesA more sophisticated MA system that uses a third moving average to identify ranging markets.
- Multiple Moving AveragesDaryl Guppy introduced multiple moving averages to measure trends and identify likely reversals. The indicator compares multiple short-term and long-term exponential moving averages.
- Rainbow 3D Moving AveragesIvan Ballin's colorful variation of Daryl Guppy's Multiple Moving Averages.
- Price EnvelopeSometimes referred to as Percentage Bands, Price Envelopes are plotted at a set percentage above and below a moving average.
- Keltner ChannelsLinda Bradford Raschke popularized Keltner bands, plotted at an ATR multiple around an exponential MA, to filter trend entries.
- Two Moving Averages
- MACD
- MACDMACD (Moving Average Convergence Divergence) is a powerful refinement of the two moving averages system, providing reliable signals of trend changes.
- MACD HistogramThe MACD Histogram (Moving Average Convergence Divergence Histogram) provides far earlier and more responsive signals than the original MACD, but is also more volatile.
- Weekly MACD HistogramThe MACD Histogram (Moving Average Convergence Divergence Histogram) provides a highly responsive measure of market direction but is more suited to traders than investors.
- MACD
- Moving Average Oscillators
- Commodity Channel IndexDonald Lambert's Commodity Channel Index (CCI) highlights overbought and oversold markets and likely turning points.
- Detrended Price OscillatorThe Detrended Price Oscillator isolates the short cycle, providing powerful trend signals on divergences.
- MA OscillatorThe Moving Average Oscillator simply compares closing price to the moving average.
- MACDMACD (Moving Average Convergence Divergence) is a powerful refinement of the two moving averages system, providing reliable signals of trend changes.
- MACD HistogramThe MACD Histogram (Moving Average Convergence Divergence Histogram) provides far earlier and more responsive signals than the original MACD, but is also more volatile.
- Commodity Channel Index
- Trend Indicators
- Aroon OscillatorThe Aroon Oscillator was developed by Tushar Chande to identify the start of a new trend and measure trend strength.
- Coppock IndicatorEdwin Coppock designed this oscillator with one sole purpose: to identify the commencement of bull markets.
- Directional MovementWelles Wilder's Directional Movement is one of few indicators that not only provides trend signals but indicates whether a trend is suitable to trade.
- Donchian ChannelsRichard Donchian's Channels are used in a number of trading systems to identify entry and exit points in trends.
- KST IndicatorMartin Pring's KST Indicator identifies major trend changes when KST crosses its signal line.
- Linear Regression IndicatorThe Linear Regression Indicator is used for trend identification and trend following in a similar fashion to moving averages, but reacts faster than an MA to trend changes.
- Moving AverageThe Moving Average smooths price data to create a powerful measure of trend direction. Simple, weighted and exponential moving averages are most popular.
- Multiple Moving AveragesDaryl Guppy introduced multiple moving averages to measure trends and identify likely reversals. The indicator compares multiple short-term and long-term exponential moving averages.
- Parabolic SARDeveloped by J. Welles Wilder, the Parabolic SAR indicator provides excellent short/medium-term entry and exit points in trending markets.
- Rainbow 3D Moving AveragesIvan Ballin's colorful variation of Daryl Guppy's Multiple Moving Averages.
- Momentum Oscillators
- ADXADX is part of the Directional Movement System developed by J. Welles Wilder. It is used to warn of trend changes and to identify whether a stock is trending or ranging.
- Bollinger %bBollinger %b identifies suitable entry and exit points in a trend, while Band Width highlights when bands converge into a narrow neck, preceding a breakout.
- Elder Ray IndexDeveloped by Dr Alexander Elder, the Elder-Ray indicator measures buying and selling pressure in the market and is often used as part of the Triple Screen trading system.
- Mass IndexDonald Dorsey's Mass Index predicts trend reversals by comparing trading range over a 9 day period.
- MomentumMomentum measures trend strength and identifies likely reversal points: on divergences or when Momentum crosses the overbought/oversold line.
- Negative VolumeNorman Fosback uses Negative Volume Index (NVI) with Positive Volume Index (PVI) to identify bull markets.
- Positive VolumeIntroduced by Norman Fosback, Positive Volume Index identifies bull and bear markets by measuring activity on days when volume is higher.
- Rate Of Change (Price)A refinement of Momentum, Rate of Change is designed to fluctuate as a percentage around the zero line.
- Relative Strength Index (RSI)Developed by Welles Wilder, RSI (Relative Strength Index) is a popular momentum oscillator that compares upward and downward movements in closing price.
- Slow StochasticThe Slow Stochastic Oscillator provides more reliable signals than the original indicator, applying further smoothing to reduce volatility and improve accuracy.
- Smoothed Rate of Change (SROC)Smoothed Rate of Change (SROC), introduced by Fred G Schutzman in 1991, gives slower but more accurate signals than other momentum oscillators.
- Stochastic OscillatorThe Stochastic Oscillator tracks market momentum and provides excellent entry and exit signals from crossover of %K and %D lines or overbought/oversold levels.
- TRIX IndicatorDesigned for trading trends, TRIX uses a triple-smoothed moving average to eliminate cycles shorter than the indicator period.
- Twiggs Momentum OscillatorTwiggs Momentum Oscillator is a smoothed version of the Rate Of Change oscillator. Its primary purpose is to identify fast trending stocks.
- Vertical Horizontal Filter (VHF)Adam White's Vertical Horizontal Filter (VHF) identifies trending and ranging markets.
- Williams %RWilliams %R is similar to Stochastic %K. Entry signals are taken on divergences, failure swings or crossover of the overbought/oversold level.
- Williams Accumulate DistributeLarry Williams highlights accumulation and distribution by comparing daily trading ranges. Signals are taken on divergences.
- ADX
- Money Flow
- Accumulation DistributionAccumulation Distribution tracks the relationship between price and volume and acts as a leading indicator of price movements. The strongest signals are divergences.
- Chaikin Money FlowDeveloped by Marc Chaikin, the Chaikin Money Flow indicator often warns of breakouts and provides useful trend confirmation.
- Chaikin OscillatorMarc Chaikin's oscillator monitors the flow of money in and out of the market.
- Ease of MovementRichard W Arms' powerful Ease of Movement indicator highlights the relationship between volume and price changes; useful for assessing the strength of a trend.
- Equivolume ChartsThe greatest advance in the last decade, equivolume exposes price and volume interaction.
- Force IndexDeveloped by Dr Alexander Elder, the Force index combines price movements and volume to measure the strength of bulls and bears in the market.
- Money Flow IndexMoney Flow Index measures trend strength and warns of likely reversal points.
- On Balance VolumeDeveloped by Joseph Granville, OBV provides a powerful measure of accumulation and distribution by comparing volume to price movements.
- Price Volume TrendThe Price Volume Trend indicator measures the strength of trends and warns of reversals.
- Twiggs Money FlowColin Twiggs' Money Flow is a derivation of the Chaikin Money Flow indicator. Position above/below the zero line gives advance indication of breakouts, while divergences warn of reversals.
- Williams Accumulation DistributionWilliams Accumulation Distribution is traded on divergences. When price makes a new high and the indicator fails to exceed its previous high, distribution is taking place.
- Accumulation Distribution
- Volume Indicators
- VolumeVolume highlights unusual trading activity and provide powerful confirmation of price signals.
- Rate of Change (Volume)The Rate of Change formula can also be applied to volume, where it highlights changes in volume activity.
- Volume OscillatorVolume Oscillator is an easy to use indicator that highlights changes in volume activity.
- VolumeVolume highlights unusual trading activity and provide powerful confirmation of price signals.
- Rate of Change (Volume)The Rate of Change formula can also be applied to volume, where it highlights changes in volume activity.
- Volume OscillatorVolume Oscillator is an easy to use indicator that highlights changes in volume activity.
- Volume
- Trailing Stops
- ATR BandsAverage True Range (ATR) Bands are used to signal exits in a similar fashion to ATR Trailing stops, but without the stop-and-reverse (SAR) of trailing stops.
- ATR Trailing StopsAverage True Range (ATR) Trailing Stops are used to trigger exits and lock in trading profits.
- Chandelier ExitsChuck LeBeau's Chandelier Exits are primarily used as a stop loss mechanism to time exits from a trending market.
- Parabolic SARDeveloped by J. Welles Wilder, the Parabolic SAR indicator provides excellent short/medium-term entry and exit points in trending markets.
- Percentage Trailing StopsPercentage Trailing Stops are a simple but effective method for locking in profits
- Safezone IndicatorAlexander Elder's Safezone Stops use Directional Movement to signal exits from a trend.
- Volatility StopsWelles Wilder's original Volatility Stops uses Average True Range in a trend-following system.
- ATR Bands
- Volatility Indicators
- Average True RangeAverage True Range are used to measure commitment. Expanding ranges signal increased eagerness and contracting ranges, a loss of enthusiasm.
- Bollinger BandsBollinger BandsŪ are used to confirm trading signals from momentum or trend indicators. Bands widen when prices are volatile and contract when they consolidate.
- Chaikin VolatilityDeveloped by Marc Chaikin. Look for sharp increases in volatility prior to market tops and bottoms, followed by low volatility as the market loses interest.
- True RangeWelles Wilder's True Range adjusts the normal High - Low daily range when there is an opening gap.
- VolatilityVolatility is a statistical measure of risk called the coefficient of variation.
- Volatility RatioJack Schwager, in his book Schwager on Futures, uses the Volatility Ratio to identify wide-ranging days.
- Average True Range
- Stock Trading
- Trading StocksStock trading, or speculation as it used to be called, is the buying or selling of stocks to profit from a change in prices.
- Trading Stocks
- Trading Styles
- Breakout ModelStan Weinstein's powerful system for trading long-term trends: the model combines a number of proven techniques to identify breakouts.
- Trading TrendsIf you are going to trade trends, no matter what the time frame, you are likely to encounter three major problems: false starts, early shakeouts and ...
- Blind Freddy TrendsA swing trading technique using moving averages and short-term chart patterns.
- Momentum TradingIn its simplest terms, momentum refers to buying stocks which exhibit past over-performance. Eugene Fama, the father of the efficient market hypothesis, refers to momentum as "the premier unexplained anomaly".
- Momentum Trading IIDr Bruce Vanstone shows how to create Momentum simulations using the ASX 200 as an example
- Momentum Trading IIIDr Bruce Vanstone summarizes the key characteristics of investing using momentum based approaches and discusses some approaches to managing risk in momentum models and the benefits investors can expect when investing with rules-based funds.
- Breakout Model
- Money Management
- The 2% RuleRestrict the size of your initial position so that your capital is protected if you suffer a string of losses.
- The 2% Rule
- Stop Loss Orders
- Stop Loss OrdersStop loss orders are limits set by traders at which they will automatically enter or exit trades.
- Setting Stop Loss OrdersBase your stops on technical levels otherwise they will cost you money. Arbitrary levels are liable to be breached by the normal cycle.
- Adjusting Stop Loss OrdersLock in your profits and ride the trend, avoiding shake-outs by minor corrections.
- Maximum Acceptable LossAn objective formula used to assess the risk associated with each trade.
- Trailing Stop Loss OrdersA powerful formula for limiting losses, protecting profits and avoiding false signals.
- Trailing Percentage StopsTrailing Percentage Stops work with a ratchet effect, trailing price movements by a set percentage.
- Stop Loss Orders
- Stop Loss Research
- Stop Loss - Help or Hindrance? Part 1The argument for the use of stop-loss rules seems inherently sound, yet there appears to be no real evidence that stops are providing the safety benefits that many traders expect.
- Stop Loss - Help or Hindrance? Part 2The argument for the use of stop-loss rules seems inherently sound, yet there appears to be no real evidence that stops are providing the safety benefits that many traders expect.
- Stop Loss - Help or Hindrance? Part 3The argument for the use of stop-loss rules seems inherently sound, yet there appears to be no real evidence that stops are providing the safety benefits that many traders expect.
- Stop Loss - Help or Hindrance? Part 1
- Trading Traps
- Trading Traps: The ShakeoutTricks of the Trade: A market professional may want to accumulate a large position in a stock that is trending strongly...
- The FakeoutTricks of the Trade: If a market professional sits with a large sell order and the stock is consolidating....
- Pump and DumpTricks of the Trade: Also referred to as ramping, this is an old trick often perpetrated by sly old hands who prey on newcomers.
- Bull & Bear TrapsOne of the most reliable Point and Figure chart patterns, Bull Traps occur when an upward breakout retreats back below the new support level.
- Trading Traps: The Shakeout
- Trading Psychology
- Trading PsychologyYour biggest enemy, when trading, is within yourself. Success will only come when you learn to control your emotions.
- Know Your Trading StyleWhat personality style are you? And how does this suit becoming a trader?
- Searching for the Holy GrailMost traders are on the lookout for ways to improve their trading, but some dedicate their lives to searching for the holy grail.
- Trading With EmotionsBefore you can manage your emotions it helps to understand what causes them. Our brains and endocrine system are a veritable narcotics factory...
- Investors LogicInvestors often use distorted logic when buying stocks: what goes up must come down? Stocks that rise steeply in price and make new highs are viewed as expensive ...
- Gamblers LogicIf I toss a coin and heads turns up five times in a row. Which side is more likely to turn up the next time? Heads or tails?
- Trading Psychology
- Stock Screener
- Stock ScreenerIdentify trending, ranging or potential breakout stocks with the Stock Screener: Moving averages, MACD, Bollinger bands, Twiggs Money Flow, Directional Movement, RSI, Stochastic, Twiggs Momentum......
- Save ScreenHow to save a stock screen.
- Saved ScreensHow to view your saved stock screens.
- Schedule ScreenHow to schedule a stock screen.
- Share ScreensShare your saved stock screens with other users.
- Find Shared ScreenHow to find a shared stock screen.
- Stock Screen ReturnResults of a Stock Screen Search are presented in spreadsheet format.
- Stock Screener
- Screening For Patterns
- Breakouts from a BaseTo find stocks that are breaking out from a long-term base, we need to screen for stocks that are trending up but ...
- ConsolidationsTo find stocks that are consolidating within a narrow range, we apply the following filter: Directional Movement ADX Value Filter; Minimum 2; Maximum 10 ...
- Screening for TrendsTo find stocks that are trending, we apply one/both of the following filters: Moving Average Crossovers Bull Signal; Closing Price > 100-Day MA...
- Exhaustion GapsTo find exhaustion gaps, we need to apply two filters: (1) Gaps; and (2) A filter to identify extended trends.
- Breakouts from a Base
- Price Filters
- Price FilterThe price filter can be used to filter out stocks above or below selected limits. The Minimum and Maximum fields are measured in cents.
- % Price MovePercentage Price Move can be used to filter stocks that have increased/decreased by more than a specified percentage.
- % Of Price HighPercentage Of Price High compares the current closing price to the previous high.
- Price Filter
- Stock Screen Filters
- Bollinger BandsBollinger Band filters are calculated using exponential moving averages. Values are compared to Bollinger Bands at 1.0 standard deviation above and below the selected moving average.
- Directional MovementWhen DI crosses above DI-, this signals an up-trend. When DI- crosses to above DI , this signals a down-trend.
- GapsGaps occur when the lowest price traded is above the high of the previous day.
- Moving AverageMoving Average Crossovers are calculated using exponential moving averages. See Two Moving Averages for further details.
- MACD Stock ScreenMACD Bull Signals when MACD crosses to above the signal line....
- Relative Strength Index (RSI)Relative Strength Index is calculated using the Wilder moving average formula.
- Slow StochasticSlow Stochastic crossovers are calculated using %K from the Slow Stochastic formula. This is equal to %D from the fast Stochastic.
- VolatilityVolatility is used to filter out stocks above or below specified levels of risk: The Minimum and Maximum fields are measured as percentages.
- Volatility RatioThe Volatility Ratio identifies days with exceptionally wide trading ranges (the distance between High and Low) and is used to signal likely reversal days. Details ...
- Volume FilterThe volume filter is used to filter out stocks which show insufficient activity (ie. stocks with low liquidity): The Minimum field represents volume (in number of ...
- Volume MAVolume Moving Average crossovers are calculated using exponential moving averages. See Volume Oscillator for further details.
- Volume SpikesVolume spikes are days on which there is unusually high volume activity, measured by comparing daily volume to a 50-day exponential moving average (of volume).
- Bollinger Bands
- Banks & Interest
- Interest Rates and the EconomyInterest rates have a big influence on stock markets because of three factors.
- Central BanksCentral banks and interest rates: There is an intrinsic interest rate in any market that matches demand for credit with savings.
- How Banks Create MoneyHow Banks Create Money out of Thin Air: Most money in the economy is held in the form of deposits with banks rather than in the form ...
- Who Caused the GFC?Who caused the global financial crisis? Was it the banks? The shadow banking system? The rating agencies? Or fraudulent mortgage originators? The were all actors in the tragedy, but the producer, director and lead role was played by the Fed.
- Future Banking PanicsTo protect ourselves from future banking panics we need to understand the underlying causes. Panics are normally precipitated by an insolvency crisis, which then escalates into a liquidity crisis as depositors rush to withdraw their funds.
- The Fed's Failed Monetary PolicyBen Bernanke and I have little in common, but we share the view that any form of recovery is dependent on confidence. Where we differ is in how to restore confidence.
- Big Picture 2011An excellent CNBC interview with Jeremy Grantham where he explains the game the Fed is playing: over-pricing bonds so that investors are forced back into stocks, even when dangerously over-valued.
- Wright's ModelNegative yield curves have proved to be reliable predictors of economic recession over the past 50 years. Research by Jonathan Wright, a research economist at the Federal Reserve, questioned whether this relationship still held. But his questions were answered by the GFC in 2007/2008.
- Interest Rates and the Economy
- Managed Funds
- Fund ManagersInvesting in Mutual Funds: If you do not have the time or expertise to manage your own investments then mutual funds may be your only option...
- Fund Managers
- Economic Threats
- Balance Sheet RecessionRichard Koo, Chief Economist %u2013 Nomura Research, explains why quantitative easing (QE) will not work in the GFC. Japan experienced this over the last two decades; the current crisis is merely a re-run.
- Debt to GDPThe real danger posed by debt is once debt becomes a significant fraction of GDP, and its growth rate substantially exceeds that of GDP, the economy will suffer a recession even if the debt to GDP ratio merely stabilizes. By Associate Professor Steve Keen, University of Western Sydney.
- Cause for ConcernSerious imbalances in the US economy: Paul Volcker, former chairman of the Federal Reserve (1979 - 1987), in his February 2005 address to the Stanford Institute for ...
- The Impact of InflationInflation is the most commonly used economic term in the popular media. A Nexis search in 1996 found 872,000 news stories over the past twenty years that used the word inflation.
- What's Behind the Interest Rate ConundrumINTEREST RATES, RECESSION OR DEPRESSION? Reproduced with kind permission from Aubie Baltin. Before we can even begin to discuss interest rates intelligently, we must first define what it is that we are actually talking about ...
- How Socialism WorksA simple illustration of how socialism reduces incentives to work.
- Balance Sheet Recession
- Gold
- Gold-Oil RatioThe Link Between Gold and Oil. Gold and crude oil prices tend to rise and fall in sympathy with one another. There are two reasons for this ...
- Gold and the DollarGold is generally quoted in US dollars per ounce of gold; so any fluctuations in the strength of the dollar are likely to be reflected in the dollar priceof gold.
- Gold-Oil Ratio
- Economic Indicators
- The Yield CurveNegative yield curves have proved reliable predictors of economic recession. However, recent experience in the United Kingdom and Australia raises questions...
- Debt GrowthDebt growth is important because it reveals the level of inflationary pressure in the economy; and inflationary pressure indicates future interest rate policy.
- The Yield Curve
- Investing
- Active InvestingActive investors combine fundamental and technical analysis, moving in and out of the market in accordance with the phases of the business cycle.
- Fundamental AnalysisWhat is Fundamental Analysis? Fundamental analysis attempts to determine the present value of a stock based on its expected future cash flows.
- Value InvestingThe critical questions in value investing are: At what rate will earnings (and dividends) grow over the investment period? What is the (investments) risk? Can management be trusted...
- PEG RatioThe PEG ratio is a powerful formula which compares earnings growth and the Price Earnings Ratio: Divide the current Price Earnings Ratio by the expected long-term growth rate (in earnings per share) ...
- Focus on DividendsHow to calculate the value of future cash flows to you and assess your margin of safety.
- Dividend Value CalculatorUse projected dividends to calculate the margin of safety (popularized by Warren Buffett and Benjamin Graham) for an investment.
- Active Investing
- SMSF and Tax
- SMSF BorrowingSelf-managed super funds are once again able to borrow to finance the purchase of assets, but there are a number of potential pitfalls.
- SMSF Borrowing
- Technical Analysis Foundation
- Forum
- Forum
- Forum TopicsForum discussion of stocks, markets, commodities, forex, trading and technical analysis
- Forum RulesSome suggested ground rules when discussing stocks or securities ...
- Forum HelpRegistration, posting, email notifications, ...
- Forum ImagesMembers of the Chart Forum are requested not to post images with the names or links to other software ...
- Forum Topics
- Forum
- Getting Started
- Getting Started
- Getting StartedFind a stock, select a chart type, add indicators, adjust the screen view and change the time period.
- Indicators & OverlaysHow to plot indicators or compare stocks or indexes.
- Trendlines & CaptionsHow to draw trendlines and captions
- WatchlistsHow to create, edit and review watchlists
- ProjectsHow to create and customize a project
- Stock ScreenerA brief example of how to find trending stocks using the Stock Screener.
- Getting Started
- Help Menus
- FAQFrequently asked questions
- Help A ~ ZAlpahabetical listing of Incredible Charts help menu.
- Help Manual (pdf)A brief overview of how to use Incredible Charts Charting Software.
- FAQ
- About Us
- Colin TwiggsAbout Colin Twiggs, author of the Trading Diary and Incredible Charts website.
- Incredible ChartsIncredible Charts was started by two brothers: Robin Twiggs, a Pascal/Delphi programmer; and Colin Twiggs, a chartered accountant with a background in investment banking.
- Contact UsFAQs, Technical Support, Premium Members Support, Telephone & Fax Numbers.
- Colin Twiggs
- Getting Started
- Help A ~ Z
- A ~ C
- About the Trading DiaryExplains the purpose of the Trading Diary, how to interpret the Market Strategy and how to search the diary archives.
- Advanced OptionsCommands that are complex or infrequently used are placed under View >> Advanced Options
- ASX Option CodesASX Options are issued with a six letter code....
- ASX Warrant CodesASX Warrants are issued with a six letter code...
- Back TestingUse the scroll buttons on the toolbar to simulate actual trading conditions.
- BackupIt is advisable to backup your watchlists and project files on a regular basis.
- Candlestick & OHLC ColorsCandlesticks are colored according to opening and closing price, OHLC by comparing closing price to the previous close.
- CaptionsIncredible captions - highlight buy and sell signals and record your observations right on the chart...
- Chart Construction DetailsThis page explains some of the issues surrounding actual construction of the charts ...
- Chart IntervalsUse the View menu to switch between chart intervals such as minute, hourly or daily bars.
- Chart TypesCandlesticks, bar charts, equivolume, candlevolume and point and figure
- Chart ViewsChart types, log and normal scale, legends, crosshairs, price and time axes, indicator views and screen splits.
- CrosshairsUse cross-hairs to line up bars on a chart, or to check dates or price levels.
- About the Trading Diary
- D ~ H
- Data CompatibilityIncredible Charts fetches packets of data from the server as you chart each stock - eliminating the need for daily data downloads. The data format is not compatible with other charting software.
- Data from YahooImport data from external websites such as Yahoo.
- Data ImportImport data from files on your computer - in descending date order.
- Data Update Times20-minute delayed ASX and SGX updates, and 15-minute delayed LSE, TSX, NYSE, NASDAQ and AMEX updates.
- Dilution AdjustmentsStocks may be adjusted for the dilution effect of share splits, special dividends, rights issues, spin-offs and reconstructions. Here are some examples ...
- Email ChartsEffortlessly send charts to your friends.
- Fibonacci ExtensionsProject Fibonacci extension levels from a present trend.
- Fibonacci RetracementsProject Fibonacci retracement levels from an existing trend.
- Format ChartsCustomize indicator colors, chart gridlines and background colors to suit your needs.
- Forum HelpRegistration, posting, email notifications, ...
- Forum ImagesMembers of the Chart Forum are requested not to post images with the names or links to other software ...
- Getting StartedFind a stock, select a chart type, add indicators, adjust the screen view and change the time period.
- Hide AdvertisingPremium members can hide the top banner and right margin advertising banners ...
- Data Compatibility
- I ~ I
- ASX IndicesASX Indices ...
- DJ IndexesDow Jones US & Global Indexes ...
- Import/Export FilesTransfer or back up your project files (indicators, trendlines and captions) and watchlists ...
- Incomplete PeriodsDisplay temporary values for incomplete periods on Daily, Weekly and Monthly charts, before completion of the full period.
- Indexes OtherOther North American Indexes ...
- Indicator Add/EditCustomize indicators to suit your needs. Add new indicators plus Point and Figure charts.
- Indicator ColorsUse the Legend to amend indicator colors on a chart. Click the color button alongside the indicator title.
- Indicator DisplayFormats to display or hide indicators below the price chart.
- Indicator Show/HideUse the Legend function to temporarily hide an indicator or the price bars
- Indicator SmoothingSmooth indicator lines with an exponential moving average.
- Indicators PremiumSome indicators are only available to Premium Data subscribers or during a free trial.
- Install Incredible ChartsWhen you have downloaded Incredible Charts, follow these steps to install the program.
- NASDAQ IndexesNASDAQ Indexes ...
- NYSE IndexesNYSE Indexes ...
- PHLX IndexesPhiladelphia Exchange (PHLX) Indexes ...
- S&P IndexesStandard & Poors (S&P) US & Global Indexes ...
- TSX IndicesToronto Stock Exchange (TSX) Indexes ...
- J ~ P
- Keyboard ShortcutsShortcut keys to activate Incredible Charts commands from the keyboard.
- LegendDisplay the chart legend, show/hide indicators and edit their colors.
- Live UpdatesIncredible Charts automatically updates when when there is a new version available on the server.
- Log & Normal ScaleUse log scale to view charts with large price variations, normal scale for shorter-term charts.
- Mac UsersThere is no special Mac version but some users successfully run Incredible Charts with Vitual PC.
- Menus & ToolbarsMenu and toolbar commands.
- Point & Figure SetupCreate custom Point and Figure chart s from the Indicator Panel.
- Premium MembersAssistance for new subscribers.
- Price & Time ScalesAdjust scales for the price and time axes
- Price BarOHLC Volume and Date are displayed on the price bar below the chart.
- Print ChartsCreate handy print copies of charts.
- Project CustomizeSet a project to open with a custom security, time period, chart interval, chart type and log/normal scale.
- Project TabsRecently used project files are displayed as tabs below the price chart (and indicators), above the bottom price bar. Click on a tab, for example [Relative Strength], to display the project ...
- Projects AddCreate new project files for your separate trading systems. Save all customized chart and indicator settings.
- Projects ExplainedA project contains a set of indicators, trendlines, captions and default settings. A project does not contain data relating to specific securities. All data is stored in a ...
- Keyboard Shortcuts
- Q ~ S
- Quotes from YahooDelayed quotes can only be imported from Yahoo at this stage. Please notify us of any other websites that you would like to see included ...
- Relative StrengthThe Relative Strength indicator is set up using the Price Comparison indicator. Indicators are saved to your Project ...
- Save Chart ImageSave charts as bitmap or png images.
- Scroll Back/ForwardScroll back/forward on the time axis with the scrolling toolbar.
- Sector AnalysisFrom Stan Weinstein's Secrets for Profiting in Bull and Bear Markets - a breakout model for trading stocks and shares in a longer time frame ...
- Sectors Dow JonesDow Jones US Sector Indexes ...
- Sectors S & PStandard & Poors (S&P) US Sector Indexes ...
- Stock Menu AddAdd exchanges to the stock menu list.
- Stock Menu BrowseBrowse securities menus alphabetically or by sector.
- Stock Menus CustomizeYou may wish to customize your watchlist and menu settings to reduce the number of sub-folders
- Stock SearchFind a stock or index by searching for the security name or symbol.
- Stock SelectSelect a stock by entering the symbol in the securities toolbar.
- Quotes from Yahoo
- T ~ Z
- About the Trading DiaryExplains the purpose of the Trading Diary, how to interpret the Market Strategy and how to search the diary archives.
- Data Update Times20-minute delayed ASX and SGX updates, and 15-minute delayed LSE, TSX, NYSE, NASDAQ and AMEX updates.
- Time Period SelectHow to select a time frame to display on your chart
- Time ZonesAdvice on converting times in different countries.
- Toolbars CustomizeLeft-click and right-click commands for toolbars
- Trend ChannelsTrend channels are used to track the momentum of a trend, with peaks (or highs) frequently respecting the upper trend channel; and troughs (or lows) respecting the lower ...
- TrendlinesDraw trendlines on a chart.
- Undo/RedoEasily undo or redo recent changes.
- UninstallTo uninstall, open Uninstall.exe in the Incredible Charts folder
- Watchlist EmailsSet up daily or weekly watchlist emails that can be exported to spreadsheet.
- WatchlistsSave time: Add securities to your watchlist.
- Watchlists in ExcelCreating watchlists with Excel
- Watchlists MultipleOrganize your securities into multiple watchlists.
- Yahoo DataImport data from external websites such as Yahoo.
- ZoomDrag your mouse pointer to zoom in on a specific chart period
- About the Trading Diary
- A ~ C
- Help Menu
- Getting Started
- Getting StartedFind a stock, select a chart type, add indicators, adjust the screen view and change the time period.
- Indicators & OverlaysHow to plot indicators or compare stocks or indexes.
- Trendlines & CaptionsHow to draw trendlines and captions
- WatchlistsHow to create, edit and review watchlists
- ProjectsHow to create and customize a project
- Stock ScreenerA brief example of how to find trending stocks using the Stock Screener.
- Getting Started
- Select/Find a Stock
- Stock SelectSelect a stock by entering the symbol in the securities toolbar.
- Stock SearchFind a stock or index by searching for the security name or symbol.
- Stock Menu AddAdd exchanges to the stock menu list.
- Stock Menu BrowseBrowse securities menus alphabetically or by sector.
- Data from YahooImport data from external websites such as Yahoo.
- Data ImportImport data from files on your computer - in descending date order.
- Stock Select
- Chart Time Period
- Time Period SelectHow to select a time frame to display on your chart
- Scroll Back/ForwardScroll back/forward on the time axis with the scrolling toolbar.
- ZoomDrag your mouse pointer to zoom in on a specific chart period
- Chart IntervalsUse the View menu to switch between chart intervals such as minute, hourly or daily bars.
- Incomplete PeriodsDisplay temporary values for incomplete periods on Daily, Weekly and Monthly charts, before completion of the full period.
- Back TestingUse the scroll buttons on the toolbar to simulate actual trading conditions.
- Time Period Select
- Drawing Tools
- TrendlinesDraw trendlines on a chart.
- CaptionsIncredible captions - highlight buy and sell signals and record your observations right on the chart...
- Trend ChannelsTrend channels are used to track the momentum of a trend, with peaks (or highs) frequently respecting the upper trend channel; and troughs (or lows) respecting the lower ...
- Fibonacci ExtensionsProject Fibonacci extension levels from a present trend.
- Fibonacci RetracementsProject Fibonacci retracement levels from an existing trend.
- Trendlines
- Indicators
- Indicator Add/EditCustomize indicators to suit your needs. Add new indicators plus Point and Figure charts.
- Indicators PremiumSome indicators are only available to Premium Data subscribers or during a free trial.
- Relative StrengthThe Relative Strength indicator is set up using the Price Comparison indicator. Indicators are saved to your Project ...
- Indicator SmoothingSmooth indicator lines with an exponential moving average.
- Indicator ColorsUse the Legend to amend indicator colors on a chart. Click the color button alongside the indicator title.
- Indicator Show/HideUse the Legend function to temporarily hide an indicator or the price bars
- Sector AnalysisFrom Stan Weinstein's Secrets for Profiting in Bull and Bear Markets - a breakout model for trading stocks and shares in a longer time frame ...
- Indicator DisplayFormats to display or hide indicators below the price chart.
- Indicator Add/Edit
- Chart Views
- Chart ViewsChart types, log and normal scale, legends, crosshairs, price and time axes, indicator views and screen splits.
- Indicator DisplayFormats to display or hide indicators below the price chart.
- CrosshairsUse cross-hairs to line up bars on a chart, or to check dates or price levels.
- Log & Normal ScaleUse log scale to view charts with large price variations, normal scale for shorter-term charts.
- Price & Time ScalesAdjust scales for the price and time axes
- LegendDisplay the chart legend, show/hide indicators and edit their colors.
- Chart Views
- Chart Options
- Chart TypesCandlesticks, bar charts, equivolume, candlevolume and point and figure
- Point & Figure SetupCreate custom Point and Figure chart s from the Indicator Panel.
- Chart Types
- Watchlists
- WatchlistsSave time: Add securities to your watchlist.
- Watchlists in ExcelCreating watchlists with Excel
- Watchlists MultipleOrganize your securities into multiple watchlists.
- Watchlist EmailsSet up daily or weekly watchlist emails that can be exported to spreadsheet.
- Watchlists
- Projects
- Project TabsRecently used project files are displayed as tabs below the price chart (and indicators), above the bottom price bar. Click on a tab, for example [Relative Strength], to display the project ...
- Projects AddCreate new project files for your separate trading systems. Save all customized chart and indicator settings.
- Project CustomizeSet a project to open with a custom security, time period, chart interval, chart type and log/normal scale.
- Projects ExplainedA project contains a set of indicators, trendlines, captions and default settings. A project does not contain data relating to specific securities. All data is stored in a ...
- Project Tabs
- Data
- Data Update Times20-minute delayed ASX and SGX updates, and 15-minute delayed LSE, TSX, NYSE, NASDAQ and AMEX updates.
- Dilution AdjustmentsStocks may be adjusted for the dilution effect of share splits, special dividends, rights issues, spin-offs and reconstructions. Here are some examples ...
- Data CompatibilityIncredible Charts fetches packets of data from the server as you chart each stock - eliminating the need for daily data downloads. The data format is not compatible with other charting software.
- Data from YahooImport data from external websites such as Yahoo.
- Data ImportImport data from files on your computer - in descending date order.
- Time ZonesAdvice on converting times in different countries.
- Data Update Times
- Format Charts
- Format ChartsCustomize indicator colors, chart gridlines and background colors to suit your needs.
- Chart ViewsChart types, log and normal scale, legends, crosshairs, price and time axes, indicator views and screen splits.
- Candlestick & OHLC ColorsCandlesticks are colored according to opening and closing price, OHLC by comparing closing price to the previous close.
- Indicator ColorsUse the Legend to amend indicator colors on a chart. Click the color button alongside the indicator title.
- Chart Construction DetailsThis page explains some of the issues surrounding actual construction of the charts ...
- Format Charts
- Index Menus
- ASX Option CodesASX Options are issued with a six letter code....
- ASX Warrant CodesASX Warrants are issued with a six letter code...
- ASX IndicesASX Indices ...
- DJ IndexesDow Jones US & Global Indexes ...
- Sectors Dow JonesDow Jones US Sector Indexes ...
- NASDAQ IndexesNASDAQ Indexes ...
- NYSE IndexesNYSE Indexes ...
- Indexes OtherOther North American Indexes ...
- PHLX IndexesPhiladelphia Exchange (PHLX) Indexes ...
- Sectors S & PStandard & Poors (S&P) US Sector Indexes ...
- S&P IndexesStandard & Poors (S&P) US & Global Indexes ...
- TSX IndicesToronto Stock Exchange (TSX) Indexes ...
- Print & Save
- Print ChartsCreate handy print copies of charts.
- Save Chart ImageSave charts as bitmap or png images.
- Email ChartsEffortlessly send charts to your friends.
- Print Charts
- Toolbar Shortcuts
- Menus & ToolbarsMenu and toolbar commands.
- Keyboard ShortcutsShortcut keys to activate Incredible Charts commands from the keyboard.
- Toolbars CustomizeLeft-click and right-click commands for toolbars
- Price BarOHLC Volume and Date are displayed on the price bar below the chart.
- Quotes from YahooDelayed quotes can only be imported from Yahoo at this stage. Please notify us of any other websites that you would like to see included ...
- Menus & Toolbars
- Files & Backup
- BackupIt is advisable to backup your watchlists and project files on a regular basis.
- Undo/RedoEasily undo or redo recent changes.
- Import/Export FilesTransfer or back up your project files (indicators, trendlines and captions) and watchlists ...
- Backup
- Advanced Options
- Advanced OptionsCommands that are complex or infrequently used are placed under View >> Advanced Options
- Hide AdvertisingPremium members can hide the top banner and right margin advertising banners ...
- Stock Menus CustomizeYou may wish to customize your watchlist and menu settings to reduce the number of sub-folders
- Advanced Options
- Installing
- Install Incredible ChartsWhen you have downloaded Incredible Charts, follow these steps to install the program.
- UninstallTo uninstall, open Uninstall.exe in the Incredible Charts folder
- Live UpdatesIncredible Charts automatically updates when when there is a new version available on the server.
- Mac UsersThere is no special Mac version but some users successfully run Incredible Charts with Vitual PC.
- Install Incredible Charts
- Getting Started
- Incredible Charts
- About Us
- Colin TwiggsAbout Colin Twiggs, author of the Trading Diary and Incredible Charts website.
- Incredible ChartsIncredible Charts was started by two brothers: Robin Twiggs, a Pascal/Delphi programmer; and Colin Twiggs, a chartered accountant with a background in investment banking.
- Contact UsFAQs, Technical Support, Premium Members Support, Telephone & Fax Numbers.
- Colin Twiggs
- Incredible Charting Software
- Incredible OfferIncredibleCharts stock charting software, online data feed, plus Daily Trading Diary updates -- all for only $12 (USD) per month.
- 7 Good ReasonsFree stock charting software, online data and online support ! Charting power, exciting new features, ease of use, flexibility and time saving.
- Quick Tour (pdf)One-minute tour of Incredible Charts charting software and stock screener.
- Download Incredible ChartsFree Stock Charting Software. Powerful stock screens. Online data for NYSE, NASDAQ, AMEX, OTCBB, OTC Markets, LSE, ASX, World Indices, Forex and Precious Metals
- Download Latest Beta VersionDownload latest beta version of Incredible Charts software.
- Free ChartingIncredible Charts free charting software and free data for students and weekend browsers.
- Free ResourcesFree charting software, delayed data, trading education, trading newsletters and traders forum. Free charting software, delayed data, trading education, trading newsletters and traders forum.
- Free Stock ChartsIncredible Charts offers free stock charts to students and other subscribers who are not actively trading. Data updates are delayed until after midnight. Subscribers can also access free Yahoo data for a wide range of markets.
- Incredible Offer
- Terms of Use
- Terms of UseTHIS IS A LEGAL AGREEMENT BETWEEN YOU AND VIZHON CORPORATION. PLEASE READ THIS CAREFULLY.
- Market Data Suppliers TermsMarket data suppliers terms are incorporated into the license agreement.
- Privacy PolicyVizhon Corporation and its affiliates are committed to maintaining the privacy of personal information that you provide when using the website.
- Refund PolicyPlease make use of the 30-day free trial before you subscribe to Incredible Charts Premium Service. Thereafter, refunds will be made at the discretion of management of Vizhon Corporation.
- Terms of Use
- Useful Links
- Useful LinksColin's Useful Links. The following websites may prove useful ...
- Traders StoreThe ten trading books that have had the greatest influence on my trading style plus many more books of interest.
- Useful Links
- Advertisers
- Advertise Here (pdf)Incredible Charts offers outstanding opportunities for advertisers to reach a highly focused audience of traders and active investors in stocks and currencies.
- Advertising Terms & Conditions (pdf)The standard Terms & Conditions advertsiers agree to when advertsing on Incredible Charts.
- Advertise Here (pdf)
- About Us
- Indicator Guide
- Indicator Basics
- Using IndicatorsWhen using indicators, it pays to understand their strengths and weaknesses.
- Favorite IndicatorsMy favorite indicators.
- Indicator SignalsExplains basic indicator and trend concepts: respect, whipsaws, divergence, and failure swings.
- Indicator Time FramesA key principle when using indicators: set the time frame to reflect the cycle being traded...
- Fibonacci NumbersFibonacci numbers are named after Leonardo Fibonacci, a twelfth century Italian mathematician who discovered the Golden ratio.
- Linear RegressionLinear regression fits a straight line to the selected data using a method called the Sum Of Least Squares.
- Using Indicators
- Compare Stocks/Indices
- Compare PricesCompare stock and/or index prices. Overlays can be plotted unadjusted, or to intercept on a selected date.
- Price ComparisonPrice Comparison plots the performance of a stock against an index or a related stock.
- Price DifferentialSimilar to Price Comaprison, you can compare bond yields or interest rates that share the same price axis.
- Price RatioA powerful tool for stock selection, Price Ratio is also referred to as Relative Strength and compares the performance of a stock relative to an index or a related stock.
- Relative Strength (Compare)Relative Strength calculates the strength of one stock/index compared to a second stock/index, either with/without a specified intercept date.
- Compare Prices
- Moving Average Types
- Moving AverageThe Moving Average smooths price data to create a powerful measure of trend direction. Simple, weighted and exponential moving averages are most popular.
- Simple Moving AverageSimple moving averages are easy to construct, but prone to distortion: they tend to "bark twice".
- Exponential Moving AverageExponential moving averages are more sophisticated than simple moving averages and do not suffer from the same distortions.
- Weighted Moving AverageWeighted moving averages eliminate the distortion common to simple moving averages, but are more difficult to construct than exponential moving averages.
- Wilder Moving AverageWilder moving averages are used mainly in indicators developed by J. Welles Wilder. Essentially the same as an exponential moving average, they use different weightings, for which users need to make allowance.
- Moving Average FiltersFilters are employed to reduce the number of whipsaws when using moving average systems.
- Moving Average High/Low/OpenCalculates moving averages using daily, weekly or monthly Highs/Lows/Opens.
- Selecting A Long-Term Moving AverageHow to select a long-term moving average to track the primary trend.
- Moving Average
- Moving Average Systems
- Two Moving AveragesFast and slow moving averages provide a powerful measure of trend strength and direction.
- Three Moving AveragesA more sophisticated MA system that uses a third moving average to identify ranging markets.
- Multiple Moving AveragesDaryl Guppy introduced multiple moving averages to measure trends and identify likely reversals. The indicator compares multiple short-term and long-term exponential moving averages.
- Rainbow 3D Moving AveragesIvan Ballin's colorful variation of Daryl Guppy's Multiple Moving Averages.
- Price EnvelopeSometimes referred to as Percentage Bands, Price Envelopes are plotted at a set percentage above and below a moving average.
- Keltner ChannelsLinda Bradford Raschke popularized Keltner bands, plotted at an ATR multiple around an exponential MA, to filter trend entries.
- Two Moving Averages
- Moving Average Oscillators
- Commodity Channel IndexDonald Lambert's Commodity Channel Index (CCI) highlights overbought and oversold markets and likely turning points.
- Detrended Price OscillatorThe Detrended Price Oscillator isolates the short cycle, providing powerful trend signals on divergences.
- MA OscillatorThe Moving Average Oscillator simply compares closing price to the moving average.
- MACDMACD (Moving Average Convergence Divergence) is a powerful refinement of the two moving averages system, providing reliable signals of trend changes.
- MACD HistogramThe MACD Histogram (Moving Average Convergence Divergence Histogram) provides far earlier and more responsive signals than the original MACD, but is also more volatile.
- Commodity Channel Index
- Trend Indicators
- Aroon OscillatorThe Aroon Oscillator was developed by Tushar Chande to identify the start of a new trend and measure trend strength.
- Coppock IndicatorEdwin Coppock designed this oscillator with one sole purpose: to identify the commencement of bull markets.
- Directional MovementWelles Wilder's Directional Movement is one of few indicators that not only provides trend signals but indicates whether a trend is suitable to trade.
- Donchian ChannelsRichard Donchian's Channels are used in a number of trading systems to identify entry and exit points in trends.
- KST IndicatorMartin Pring's KST Indicator identifies major trend changes when KST crosses its signal line.
- Linear Regression IndicatorThe Linear Regression Indicator is used for trend identification and trend following in a similar fashion to moving averages, but reacts faster than an MA to trend changes.
- Moving AverageThe Moving Average smooths price data to create a powerful measure of trend direction. Simple, weighted and exponential moving averages are most popular.
- Multiple Moving AveragesDaryl Guppy introduced multiple moving averages to measure trends and identify likely reversals. The indicator compares multiple short-term and long-term exponential moving averages.
- Parabolic SARDeveloped by J. Welles Wilder, the Parabolic SAR indicator provides excellent short/medium-term entry and exit points in trending markets.
- Rainbow 3D Moving AveragesIvan Ballin's colorful variation of Daryl Guppy's Multiple Moving Averages.
- Momentum Oscillators
- ADXADX is part of the Directional Movement System developed by J. Welles Wilder. It is used to warn of trend changes and to identify whether a stock is trending or ranging.
- Bollinger %bBollinger %b identifies suitable entry and exit points in a trend, while Band Width highlights when bands converge into a narrow neck, preceding a breakout.
- Elder Ray IndexDeveloped by Dr Alexander Elder, the Elder-Ray indicator measures buying and selling pressure in the market and is often used as part of the Triple Screen trading system.
- Mass IndexDonald Dorsey's Mass Index predicts trend reversals by comparing trading range over a 9 day period.
- MomentumMomentum measures trend strength and identifies likely reversal points: on divergences or when Momentum crosses the overbought/oversold line.
- Negative VolumeNorman Fosback uses Negative Volume Index (NVI) with Positive Volume Index (PVI) to identify bull markets.
- Positive VolumeIntroduced by Norman Fosback, Positive Volume Index identifies bull and bear markets by measuring activity on days when volume is higher.
- Rate Of Change (Price)A refinement of Momentum, Rate of Change is designed to fluctuate as a percentage around the zero line.
- Relative Strength Index (RSI)Developed by Welles Wilder, RSI (Relative Strength Index) is a popular momentum oscillator that compares upward and downward movements in closing price.
- Slow StochasticThe Slow Stochastic Oscillator provides more reliable signals than the original indicator, applying further smoothing to reduce volatility and improve accuracy.
- Smoothed Rate of Change (SROC)Smoothed Rate of Change (SROC), introduced by Fred G Schutzman in 1991, gives slower but more accurate signals than other momentum oscillators.
- Stochastic OscillatorThe Stochastic Oscillator tracks market momentum and provides excellent entry and exit signals from crossover of %K and %D lines or overbought/oversold levels.
- TRIX IndicatorDesigned for trading trends, TRIX uses a triple-smoothed moving average to eliminate cycles shorter than the indicator period.
- Twiggs Momentum OscillatorTwiggs Momentum Oscillator is a smoothed version of the Rate Of Change oscillator. Its primary purpose is to identify fast trending stocks.
- Vertical Horizontal Filter (VHF)Adam White's Vertical Horizontal Filter (VHF) identifies trending and ranging markets.
- Williams %RWilliams %R is similar to Stochastic %K. Entry signals are taken on divergences, failure swings or crossover of the overbought/oversold level.
- Williams Accumulate DistributeLarry Williams highlights accumulation and distribution by comparing daily trading ranges. Signals are taken on divergences.
- ADX
- Money Flow
- Accumulation DistributionAccumulation Distribution tracks the relationship between price and volume and acts as a leading indicator of price movements. The strongest signals are divergences.
- Chaikin Money FlowDeveloped by Marc Chaikin, the Chaikin Money Flow indicator often warns of breakouts and provides useful trend confirmation.
- Chaikin OscillatorMarc Chaikin's oscillator monitors the flow of money in and out of the market.
- Ease of MovementRichard W Arms' powerful Ease of Movement indicator highlights the relationship between volume and price changes; useful for assessing the strength of a trend.
- Equivolume ChartsThe greatest advance in the last decade, equivolume exposes price and volume interaction.
- Force IndexDeveloped by Dr Alexander Elder, the Force index combines price movements and volume to measure the strength of bulls and bears in the market.
- Money Flow IndexMoney Flow Index measures trend strength and warns of likely reversal points.
- On Balance VolumeDeveloped by Joseph Granville, OBV provides a powerful measure of accumulation and distribution by comparing volume to price movements.
- Price Volume TrendThe Price Volume Trend indicator measures the strength of trends and warns of reversals.
- Twiggs Money FlowColin Twiggs' Money Flow is a derivation of the Chaikin Money Flow indicator. Position above/below the zero line gives advance indication of breakouts, while divergences warn of reversals.
- Williams Accumulation DistributionWilliams Accumulation Distribution is traded on divergences. When price makes a new high and the indicator fails to exceed its previous high, distribution is taking place.
- Accumulation Distribution
- Volume Indicators
- VolumeVolume highlights unusual trading activity and provide powerful confirmation of price signals.
- Rate of Change (Volume)The Rate of Change formula can also be applied to volume, where it highlights changes in volume activity.
- Volume OscillatorVolume Oscillator is an easy to use indicator that highlights changes in volume activity.
- Volume
- Trailing Stops
- ATR BandsAverage True Range (ATR) Bands are used to signal exits in a similar fashion to ATR Trailing stops, but without the stop-and-reverse (SAR) of trailing stops.
- ATR Trailing StopsAverage True Range (ATR) Trailing Stops are used to trigger exits and lock in trading profits.
- Chandelier ExitsChuck LeBeau's Chandelier Exits are primarily used as a stop loss mechanism to time exits from a trending market.
- Parabolic SARDeveloped by J. Welles Wilder, the Parabolic SAR indicator provides excellent short/medium-term entry and exit points in trending markets.
- Percentage Trailing StopsPercentage Trailing Stops are a simple but effective method for locking in profits
- Safezone IndicatorAlexander Elder's Safezone Stops use Directional Movement to signal exits from a trend.
- Volatility StopsWelles Wilder's original Volatility Stops uses Average True Range in a trend-following system.
- ATR Bands
- Volatility Indicators
- Average True RangeAverage True Range are used to measure commitment. Expanding ranges signal increased eagerness and contracting ranges, a loss of enthusiasm.
- Bollinger BandsBollinger BandsŪ are used to confirm trading signals from momentum or trend indicators. Bands widen when prices are volatile and contract when they consolidate.
- Chaikin VolatilityDeveloped by Marc Chaikin. Look for sharp increases in volatility prior to market tops and bottoms, followed by low volatility as the market loses interest.
- True RangeWelles Wilder's True Range adjusts the normal High - Low daily range when there is an opening gap.
- VolatilityVolatility is a statistical measure of risk called the coefficient of variation.
- Volatility RatioJack Schwager, in his book Schwager on Futures, uses the Volatility Ratio to identify wide-ranging days.
- Average True Range
- Indicator Basics
- Indicators A ~ Z
- A ~ C
- Accumulation DistributionAccumulation Distribution tracks the relationship between price and volume and acts as a leading indicator of price movements. The strongest signals are divergences.
- ADXADX is part of the Directional Movement System developed by J. Welles Wilder. It is used to warn of trend changes and to identify whether a stock is trending or ranging.
- Aroon OscillatorThe Aroon Oscillator was developed by Tushar Chande to identify the start of a new trend and measure trend strength.
- ATR BandsAverage True Range (ATR) Bands are used to signal exits in a similar fashion to ATR Trailing stops, but without the stop-and-reverse (SAR) of trailing stops.
- ATR Trailing StopsAverage True Range (ATR) Trailing Stops are used to trigger exits and lock in trading profits.
- Average True RangeAverage True Range are used to measure commitment. Expanding ranges signal increased eagerness and contracting ranges, a loss of enthusiasm.
- Bollinger %bBollinger %b identifies suitable entry and exit points in a trend, while Band Width highlights when bands converge into a narrow neck, preceding a breakout.
- Bollinger BandsBollinger BandsŪ are used to confirm trading signals from momentum or trend indicators. Bands widen when prices are volatile and contract when they consolidate.
- Candlestick ChartsCandlestick chart patterns are able to highlight trend weakness and reversal signals that may not be apparent on a normal bar chart.
- Chaikin Money FlowDeveloped by Marc Chaikin, the Chaikin Money Flow indicator often warns of breakouts and provides useful trend confirmation.
- Chaikin OscillatorMarc Chaikin's oscillator monitors the flow of money in and out of the market.
- Chaikin VolatilityDeveloped by Marc Chaikin. Look for sharp increases in volatility prior to market tops and bottoms, followed by low volatility as the market loses interest.
- Chandelier ExitsChuck LeBeau's Chandelier Exits are primarily used as a stop loss mechanism to time exits from a trending market.
- Commodity Channel IndexDonald Lambert's Commodity Channel Index (CCI) highlights overbought and oversold markets and likely turning points.
- Compare PricesCompare stock and/or index prices. Overlays can be plotted unadjusted, or to intercept on a selected date.
- Coppock IndicatorEdwin Coppock designed this oscillator with one sole purpose: to identify the commencement of bull markets.
- Accumulation Distribution
- D ~ L
- Detrended Price OscillatorThe Detrended Price Oscillator isolates the short cycle, providing powerful trend signals on divergences.
- Directional MovementWelles Wilder's Directional Movement is one of few indicators that not only provides trend signals but indicates whether a trend is suitable to trade.
- Donchian ChannelsRichard Donchian's Channels are used in a number of trading systems to identify entry and exit points in trends.
- Ease of MovementRichard W Arms' powerful Ease of Movement indicator highlights the relationship between volume and price changes; useful for assessing the strength of a trend.
- Elder Ray IndexDeveloped by Dr Alexander Elder, the Elder-Ray indicator measures buying and selling pressure in the market and is often used as part of the Triple Screen trading system.
- Equivolume ChartsThe greatest advance in the last decade, equivolume exposes price and volume interaction.
- Exponential Moving AverageExponential moving averages are more sophisticated than simple moving averages and do not suffer from the same distortions.
- Fibonacci ExtensionsProject Fibonacci extension levels from a present trend.
- Fibonacci RetracementsProject Fibonacci retracement levels from an existing trend.
- Force IndexDeveloped by Dr Alexander Elder, the Force index combines price movements and volume to measure the strength of bulls and bears in the market.
- Keltner ChannelsLinda Bradford Raschke popularized Keltner bands, plotted at an ATR multiple around an exponential MA, to filter trend entries.
- KST IndicatorMartin Pring's KST Indicator identifies major trend changes when KST crosses its signal line.
- Linear RegressionLinear regression fits a straight line to the selected data using a method called the Sum Of Least Squares.
- Linear Regression IndicatorThe Linear Regression Indicator is used for trend identification and trend following in a similar fashion to moving averages, but reacts faster than an MA to trend changes.
- Detrended Price Oscillator
- M ~ N
- MA OscillatorThe Moving Average Oscillator simply compares closing price to the moving average.
- MACDMACD (Moving Average Convergence Divergence) is a powerful refinement of the two moving averages system, providing reliable signals of trend changes.
- MACD HistogramThe MACD Histogram (Moving Average Convergence Divergence Histogram) provides far earlier and more responsive signals than the original MACD, but is also more volatile.
- Mass IndexDonald Dorsey's Mass Index predicts trend reversals by comparing trading range over a 9 day period.
- Median PriceMedian price measures the mid-point of the trading range for each period.
- MomentumMomentum measures trend strength and identifies likely reversal points: on divergences or when Momentum crosses the overbought/oversold line.
- Money Flow IndexMoney Flow Index measures trend strength and warns of likely reversal points.
- Moving AverageThe Moving Average smooths price data to create a powerful measure of trend direction. Simple, weighted and exponential moving averages are most popular.
- Moving Average FiltersFilters are employed to reduce the number of whipsaws when using moving average systems.
- Moving Average High/Low/OpenCalculates moving averages using daily, weekly or monthly Highs/Lows/Opens.
- Multiple Moving AveragesDaryl Guppy introduced multiple moving averages to measure trends and identify likely reversals. The indicator compares multiple short-term and long-term exponential moving averages.
- Negative VolumeNorman Fosback uses Negative Volume Index (NVI) with Positive Volume Index (PVI) to identify bull markets.
- MA Oscillator
- O ~ P
- On Balance VolumeDeveloped by Joseph Granville, OBV provides a powerful measure of accumulation and distribution by comparing volume to price movements.
- Parabolic SARDeveloped by J. Welles Wilder, the Parabolic SAR indicator provides excellent short/medium-term entry and exit points in trending markets.
- Percentage Trailing StopsPercentage Trailing Stops are a simple but effective method for locking in profits
- Positive VolumeIntroduced by Norman Fosback, Positive Volume Index identifies bull and bear markets by measuring activity on days when volume is higher.
- Price ComparisonPrice Comparison plots the performance of a stock against an index or a related stock.
- Price DifferentialSimilar to Price Comaprison, you can compare bond yields or interest rates that share the same price axis.
- Price EnvelopeSometimes referred to as Percentage Bands, Price Envelopes are plotted at a set percentage above and below a moving average.
- Price RatioA powerful tool for stock selection, Price Ratio is also referred to as Relative Strength and compares the performance of a stock relative to an index or a related stock.
- Price Volume TrendThe Price Volume Trend indicator measures the strength of trends and warns of reversals.
- On Balance Volume
- Q ~ U
- Rainbow 3D Moving AveragesIvan Ballin's colorful variation of Daryl Guppy's Multiple Moving Averages.
- Rate Of Change (Price)A refinement of Momentum, Rate of Change is designed to fluctuate as a percentage around the zero line.
- Rate of Change (Volume)The Rate of Change formula can also be applied to volume, where it highlights changes in volume activity.
- Relative Strength (Compare)Relative Strength calculates the strength of one stock/index compared to a second stock/index, either with/without a specified intercept date.
- Relative Strength Index (RSI)Developed by Welles Wilder, RSI (Relative Strength Index) is a popular momentum oscillator that compares upward and downward movements in closing price.
- Safezone IndicatorAlexander Elder's Safezone Stops use Directional Movement to signal exits from a trend.
- Simple Moving AverageSimple moving averages are easy to construct, but prone to distortion: they tend to "bark twice".
- Slow StochasticThe Slow Stochastic Oscillator provides more reliable signals than the original indicator, applying further smoothing to reduce volatility and improve accuracy.
- Smoothed Rate of Change (SROC)Smoothed Rate of Change (SROC), introduced by Fred G Schutzman in 1991, gives slower but more accurate signals than other momentum oscillators.
- Standard Deviation ChannelsStandard deviation channels, plotted at a set number of standard deviations around a linear regression line, provide useful entry and exit signals for trading trends.
- Stochastic OscillatorThe Stochastic Oscillator tracks market momentum and provides excellent entry and exit signals from crossover of %K and %D lines or overbought/oversold levels.
- Trend LinesThe trend line is a powerful momentum indicator, alerting you to any acceleration or deceleration of the trend.
- TRIX IndicatorDesigned for trading trends, TRIX uses a triple-smoothed moving average to eliminate cycles shorter than the indicator period.
- True RangeWelles Wilder's True Range adjusts the normal High - Low daily range when there is an opening gap.
- Twiggs Momentum OscillatorTwiggs Momentum Oscillator is a smoothed version of the Rate Of Change oscillator. Its primary purpose is to identify fast trending stocks.
- Twiggs Money FlowColin Twiggs' Money Flow is a derivation of the Chaikin Money Flow indicator. Position above/below the zero line gives advance indication of breakouts, while divergences warn of reversals.
- Typical PriceTypical price, calculated as (High Low Close) / 3, is a useful filter for moving average systems.
- Rainbow 3D Moving Averages
- V ~ Z
- Vertical Horizontal Filter (VHF)Adam White's Vertical Horizontal Filter (VHF) identifies trending and ranging markets.
- VolatilityVolatility is a statistical measure of risk called the coefficient of variation.
- Volatility RatioJack Schwager, in his book Schwager on Futures, uses the Volatility Ratio to identify wide-ranging days.
- Volatility StopsWelles Wilder's original Volatility Stops uses Average True Range in a trend-following system.
- VolumeVolume highlights unusual trading activity and provide powerful confirmation of price signals.
- Volume OscillatorVolume Oscillator is an easy to use indicator that highlights changes in volume activity.
- Weighted CloseWeighted Close, calculated as (High Low Close * 2 ) / 4, is a simple but effective filter for moving average systems.
- Weighted Moving AverageWeighted moving averages eliminate the distortion common to simple moving averages, but are more difficult to construct than exponential moving averages.
- Wilder Moving AverageWilder moving averages are used mainly in indicators developed by J. Welles Wilder. Essentially the same as an exponential moving average, they use different weightings, for which users need to make allowance.
- Williams %RWilliams %R is similar to Stochastic %K. Entry signals are taken on divergences, failure swings or crossover of the overbought/oversold level.
- Williams Accumulate DistributeLarry Williams highlights accumulation and distribution by comparing daily trading ranges. Signals are taken on divergences.
- Williams Accumulation DistributionWilliams Accumulation Distribution is traded on divergences. When price makes a new high and the indicator fails to exceed its previous high, distribution is taking place.
- A ~ C
- Investing
- Investing
- Active InvestingActive investors combine fundamental and technical analysis, moving in and out of the market in accordance with the phases of the business cycle.
- Fundamental AnalysisWhat is Fundamental Analysis? Fundamental analysis attempts to determine the present value of a stock based on its expected future cash flows.
- Value InvestingThe critical questions in value investing are: At what rate will earnings (and dividends) grow over the investment period? What is the (investments) risk? Can management be trusted...
- PEG RatioThe PEG ratio is a powerful formula which compares earnings growth and the Price Earnings Ratio: Divide the current Price Earnings Ratio by the expected long-term growth rate (in earnings per share) ...
- Focus on DividendsHow to calculate the value of future cash flows to you and assess your margin of safety.
- Dividend Value CalculatorUse projected dividends to calculate the margin of safety (popularized by Warren Buffett and Benjamin Graham) for an investment.
- Active Investing
- SMSF and Tax
- SMSF BorrowingSelf-managed super funds are once again able to borrow to finance the purchase of assets, but there are a number of potential pitfalls.
- SMSF Borrowing
- Investing
- Moving Averages
- Moving Average Types
- Moving AverageThe Moving Average smooths price data to create a powerful measure of trend direction. Simple, weighted and exponential moving averages are most popular.
- Simple Moving AverageSimple moving averages are easy to construct, but prone to distortion: they tend to "bark twice".
- Exponential Moving AverageExponential moving averages are more sophisticated than simple moving averages and do not suffer from the same distortions.
- Weighted Moving AverageWeighted moving averages eliminate the distortion common to simple moving averages, but are more difficult to construct than exponential moving averages.
- Wilder Moving AverageWilder moving averages are used mainly in indicators developed by J. Welles Wilder. Essentially the same as an exponential moving average, they use different weightings, for which users need to make allowance.
- Moving Average FiltersFilters are employed to reduce the number of whipsaws when using moving average systems.
- Moving Average High/Low/OpenCalculates moving averages using daily, weekly or monthly Highs/Lows/Opens.
- Selecting A Long-Term Moving AverageHow to select a long-term moving average to track the primary trend.
- Moving Average
- Moving Average Systems
- Two Moving AveragesFast and slow moving averages provide a powerful measure of trend strength and direction.
- Three Moving AveragesA more sophisticated MA system that uses a third moving average to identify ranging markets.
- Multiple Moving AveragesDaryl Guppy introduced multiple moving averages to measure trends and identify likely reversals. The indicator compares multiple short-term and long-term exponential moving averages.
- Rainbow 3D Moving AveragesIvan Ballin's colorful variation of Daryl Guppy's Multiple Moving Averages.
- Price EnvelopeSometimes referred to as Percentage Bands, Price Envelopes are plotted at a set percentage above and below a moving average.
- Keltner ChannelsLinda Bradford Raschke popularized Keltner bands, plotted at an ATR multiple around an exponential MA, to filter trend entries.
- Two Moving Averages
- MACD
- MACDMACD (Moving Average Convergence Divergence) is a powerful refinement of the two moving averages system, providing reliable signals of trend changes.
- MACD HistogramThe MACD Histogram (Moving Average Convergence Divergence Histogram) provides far earlier and more responsive signals than the original MACD, but is also more volatile.
- Weekly MACD HistogramThe MACD Histogram (Moving Average Convergence Divergence Histogram) provides a highly responsive measure of market direction but is more suited to traders than investors.
- MACD
- Moving Average Types
- Point & Figure
- Point & Figure
- Point & Figure ChartsPoint and Figure charts are used to identify support levels, resistance and chart patterns. Point and Figure ignores the time factor and concentrate solely on movements in price.
- Point & Figure Charting GuideSuitable Point & Figure settings: log or normal scale; box size and reversal amounts; and pricing method.
- Point & Figure SetupCreate custom Point and Figure chart s from the Indicator Panel.
- Point & Figure Charts
- Point & Figure Patterns
- Basic Point & Figure PatternsBasic Point and Figure chart patterns: Support and resistance, trendlines, breakouts, bullish and bearish signals.
- Bull & Bear TrapsOne of the most reliable Point and Figure chart patterns, Bull Traps occur when an upward breakout retreats back below the new support level.
- Cup & HandleIdentify the cup and handle pattern on Point and Figure charts. Popularized by William J O'Neill (How To Make Money In Stocks).
- False BreaksSimilar to Point and Figure bull and bear traps, false (or marginal) breaks occur at minor support levels (from a previous low) or minor resistance.
- RetracementsRetracements (or corrections), during a Point and Figure trend, tell us about the strength of the trend.
- SpikesAn upward Point and Figure spike is where a rally exceeds the previous column of Xs by at least 10 boxes.
- Trend ReversalsAfter a Point and Figure up-trend, marginal new highs (especially where accompanied by equal or lower lows) indicate a loss of momentum.
- TrianglesFor a valid Point and Figure triangle there must be at least two retracements counter to the prevailing trend.
- Basic Point & Figure Patterns
- Point & Figure
- Stock Screener
- Stock Screener
- Stock ScreenerIdentify trending, ranging or potential breakout stocks with the Stock Screener: Moving averages, MACD, Bollinger bands, Twiggs Money Flow, Directional Movement, RSI, Stochastic, Twiggs Momentum......
- Save ScreenHow to save a stock screen.
- Saved ScreensHow to view your saved stock screens.
- Schedule ScreenHow to schedule a stock screen.
- Share ScreensShare your saved stock screens with other users.
- Find Shared ScreenHow to find a shared stock screen.
- Stock Screen ReturnResults of a Stock Screen Search are presented in spreadsheet format.
- Stock Screener
- Screening For Patterns
- Breakouts from a BaseTo find stocks that are breaking out from a long-term base, we need to screen for stocks that are trending up but ...
- ConsolidationsTo find stocks that are consolidating within a narrow range, we apply the following filter: Directional Movement ADX Value Filter; Minimum 2; Maximum 10 ...
- Screening for TrendsTo find stocks that are trending, we apply one/both of the following filters: Moving Average Crossovers Bull Signal; Closing Price > 100-Day MA...
- Exhaustion GapsTo find exhaustion gaps, we need to apply two filters: (1) Gaps; and (2) A filter to identify extended trends.
- Breakouts from a Base
- Price Filters
- Price FilterThe price filter can be used to filter out stocks above or below selected limits. The Minimum and Maximum fields are measured in cents.
- % Price MovePercentage Price Move can be used to filter stocks that have increased/decreased by more than a specified percentage.
- % Of Price HighPercentage Of Price High compares the current closing price to the previous high.
- Price Filter
- Stock Screen Filters
- Bollinger BandsBollinger Band filters are calculated using exponential moving averages. Values are compared to Bollinger Bands at 1.0 standard deviation above and below the selected moving average.
- Directional MovementWhen DI crosses above DI-, this signals an up-trend. When DI- crosses to above DI , this signals a down-trend.
- GapsGaps occur when the lowest price traded is above the high of the previous day.
- Moving AverageMoving Average Crossovers are calculated using exponential moving averages. See Two Moving Averages for further details.
- MACD Stock ScreenMACD Bull Signals when MACD crosses to above the signal line....
- Relative Strength Index (RSI)Relative Strength Index is calculated using the Wilder moving average formula.
- Slow StochasticSlow Stochastic crossovers are calculated using %K from the Slow Stochastic formula. This is equal to %D from the fast Stochastic.
- VolatilityVolatility is used to filter out stocks above or below specified levels of risk: The Minimum and Maximum fields are measured as percentages.
- Volatility RatioThe Volatility Ratio identifies days with exceptionally wide trading ranges (the distance between High and Low) and is used to signal likely reversal days. Details ...
- Volume FilterThe volume filter is used to filter out stocks which show insufficient activity (ie. stocks with low liquidity): The Minimum field represents volume (in number of ...
- Volume MAVolume Moving Average crossovers are calculated using exponential moving averages. See Volume Oscillator for further details.
- Volume SpikesVolume spikes are days on which there is unusually high volume activity, measured by comparing daily volume to a 50-day exponential moving average (of volume).
- Bollinger Bands
- Stock Screener
- Support
- Getting Started
- Getting StartedFind a stock, select a chart type, add indicators, adjust the screen view and change the time period.
- Indicators & OverlaysHow to plot indicators or compare stocks or indexes.
- Trendlines & CaptionsHow to draw trendlines and captions
- WatchlistsHow to create, edit and review watchlists
- ProjectsHow to create and customize a project
- Stock ScreenerA brief example of how to find trending stocks using the Stock Screener.
- Getting Started
- Help Menus
- FAQFrequently asked questions
- Help A ~ ZAlpahabetical listing of Incredible Charts help menu.
- Help Manual (pdf)A brief overview of how to use Incredible Charts Charting Software.
- FAQ
- Contact Us
- Technical SupportContact Incredible Charts Technical Support
- GeneralContact Incredible Charts - General issues including advertising, copyright, complaints or suggestions.
- Technical Support
- Accounts
- Activate My DataActivate your subscription ...
- Update My DetailsUpdate Premium Members Details
- UnsubscribeCancel your premium data subscription.
- Activate My Data
- Getting Started
- Technical Analysis
- Technical Analysis Foundation
- Technical AnalysisWhat is Technical Analysis? Foundations of Technical Analysis and does it really work?
- Support/ResistanceSupport and resistance are the foundation stone of all technical analysis.
- Chart BasicsThe key to analysing bar charts: control, commitment, OHLC, whipsaws, long and short positions...
- Time FramesExpose hidden trends: markets trend in more than one direction at the same time...
- Technical Analysis
- Dow Theory
- Dow TheoryThe simplicity of these observations by Charles Dow belie their immense impact on the field of technical analysis.
- Dow Theory - TrendsHow to identify trends and trend changes.
- Dow Theory - Lines (Ranging Markets)Lines (or ranging markets may take the place of a secondary reaction.
- Dow Theory - ConfirmationBull and Bear markets are confirmed by both the Industrial and Transport Averages...
- Dow Theory - Market PhasesBull and bear markets each have three phases.
- Dow Theory
- Trend Analysis
- MA SystemsCrossovers of fast and slow moving averages are particularly useful for identifying trends and make an effective trading system when combined with stop losses.
- Directional Movement - TrendsAn often-discussed system for tracking trends is the Directional Movement System set for weekly, rather than daily, directional movement. We compare performance to Stan Weinstein's breakout model.
- Short-Term TrendsNever trade against the trend - a fundamental principle in technical analysis. That's easy enough to follow, but how do you determine the trend?
- Trend StrengthThree main indicators of the strength of a trend.
- Trend LinesThe trend line is a powerful momentum indicator, alerting you to any acceleration or deceleration of the trend.
- Forex Trend ChannelsTrend channels are one of the best available tools for identifying changes in trend momentum.
- Standard Deviation ChannelsStandard deviation channels, plotted at a set number of standard deviations around a linear regression line, provide useful entry and exit signals for trading trends.
- MA Systems
- Trading Styles
- Breakout ModelStan Weinstein's powerful system for trading long-term trends: the model combines a number of proven techniques to identify breakouts.
- Trading TrendsIf you are going to trade trends, no matter what the time frame, you are likely to encounter three major problems: false starts, early shakeouts and ...
- Blind Freddy TrendsA swing trading technique using moving averages and short-term chart patterns.
- Momentum TradingIn its simplest terms, momentum refers to buying stocks which exhibit past over-performance. Eugene Fama, the father of the efficient market hypothesis, refers to momentum as "the premier unexplained anomaly".
- Momentum Trading IIDr Bruce Vanstone shows how to create Momentum simulations using the ASX 200 as an example
- Momentum Trading IIIDr Bruce Vanstone summarizes the key characteristics of investing using momentum based approaches and discusses some approaches to managing risk in momentum models and the benefits investors can expect when investing with rules-based funds.
- Breakout Model
- Stock Market Cycles
- Reading The Stock MarketThe behavior of the market is the most powerful influence on the performance of every stock.
- CyclesThe change in prices on any day is influenced by a number of cycles in different time frames...
- Coppock IndicatorEdwin Coppock designed this oscillator with one sole purpose: to identify the commencement of bull markets.
- Bullish Percent IndexDeveloped by Chartcraft, the index combines bull signals from individual stocks to identify market trends.
- Market Tops & BottomsWilliam J. O'Neill identifies these signals in 24 Essential Lessons for Investment Success.
- Interest Rates and the EconomyInterest rates have a big influence on stock markets because of three factors.
- Reading The Stock Market
- Chart Types
- Chart TypesEach chart type reveals different facets of the relationship between price, trading range and volume.
- Candlestick ChartsCandlesticks contain the same data as a normal bar chart but highlight the relationship between opening and closing prices.
- Bar/OHLC ChartsHow to identify trends, control, commitment, uncertainty, inside and outside days.
- Equivolume ChartsThe greatest advance in the last decade, equivolume exposes price and volume interaction.
- Point & Figure ChartsPoint and Figure charts are used to identify support levels, resistance and chart patterns. Point and Figure ignores the time factor and concentrate solely on movements in price.
- Chart Types
- Technical Analysis Foundation
- Trading
- Stock Trading
- Trading StocksStock trading, or speculation as it used to be called, is the buying or selling of stocks to profit from a change in prices.
- Trading Stocks
- Money Management
- The 2% RuleRestrict the size of your initial position so that your capital is protected if you suffer a string of losses.
- The 2% Rule
- Stop Loss Orders
- Stop Loss OrdersStop loss orders are limits set by traders at which they will automatically enter or exit trades.
- Setting Stop Loss OrdersBase your stops on technical levels otherwise they will cost you money. Arbitrary levels are liable to be breached by the normal cycle.
- Adjusting Stop Loss OrdersLock in your profits and ride the trend, avoiding shake-outs by minor corrections.
- Maximum Acceptable LossAn objective formula used to assess the risk associated with each trade.
- Trailing Stop Loss OrdersA powerful formula for limiting losses, protecting profits and avoiding false signals.
- Trailing Percentage StopsTrailing Percentage Stops work with a ratchet effect, trailing price movements by a set percentage.
- Stop Loss Orders
- Stop Loss Research
- Stop Loss - Help or Hindrance? Part 1The argument for the use of stop-loss rules seems inherently sound, yet there appears to be no real evidence that stops are providing the safety benefits that many traders expect.
- Stop Loss - Help or Hindrance? Part 2The argument for the use of stop-loss rules seems inherently sound, yet there appears to be no real evidence that stops are providing the safety benefits that many traders expect.
- Stop Loss - Help or Hindrance? Part 3The argument for the use of stop-loss rules seems inherently sound, yet there appears to be no real evidence that stops are providing the safety benefits that many traders expect.
- Stop Loss - Help or Hindrance? Part 1
- Trading Traps
- Trading Traps: The ShakeoutTricks of the Trade: A market professional may want to accumulate a large position in a stock that is trending strongly...
- The FakeoutTricks of the Trade: If a market professional sits with a large sell order and the stock is consolidating....
- Pump and DumpTricks of the Trade: Also referred to as ramping, this is an old trick often perpetrated by sly old hands who prey on newcomers.
- Bull & Bear TrapsOne of the most reliable Point and Figure chart patterns, Bull Traps occur when an upward breakout retreats back below the new support level.
- Trading Traps: The Shakeout
- Trading Psychology
- Trading PsychologyYour biggest enemy, when trading, is within yourself. Success will only come when you learn to control your emotions.
- Know Your Trading StyleWhat personality style are you? And how does this suit becoming a trader?
- Searching for the Holy GrailMost traders are on the lookout for ways to improve their trading, but some dedicate their lives to searching for the holy grail.
- Trading With EmotionsBefore you can manage your emotions it helps to understand what causes them. Our brains and endocrine system are a veritable narcotics factory...
- Investors LogicInvestors often use distorted logic when buying stocks: what goes up must come down? Stocks that rise steeply in price and make new highs are viewed as expensive ...
- Gamblers LogicIf I toss a coin and heads turns up five times in a row. Which side is more likely to turn up the next time? Heads or tails?
- Trading Psychology
- Trading Education
- Finding the Right Trading CourseFinding the Right Trading Course (and avoiding the obvious pitfalls): If you had to enrol on a one-week trading course, you may learn some good basic trading skills.
- Becoming an Expert TraderBecoming an Expert Trader (and the value of trading courses): It may take 3 to 5 years to become a good trader. Becoming an expert could take even longer ...
- Finding the Right Trading Course
- Trading Basics
- Trading BasicsThe secret of successful trading: adjust your trading system to prevailing market conditions...
- Market LeadersMarket leaders deliver superior returns compared to laggards, offering more consistent growth...
- Market DirectionThe market exerts a powerful influence on the performance of individual stocks. Study the big picture first before looking at any shares in isolation.
- Trend DirectionThe key to successful trend trading.
- Entry SignalsPerfect timing: use momentum oscillators to signal entry points in the trend.
- Stop Loss ProtectionStop-loss orders are a critical element in any trading system, to protect your capital and to lock in profits.
- Exit SignalsIncrease profits: use trend indicators to time your exit from trends. Adjust the Indicator Time Frame to suit the cycle being traded.
- Trading Basics
- Stock Trading
- Trading Diary
- Technical Analysis Foundation
- Technical AnalysisWhat is Technical Analysis? Foundations of Technical Analysis and does it really work?
- Support/ResistanceSupport and resistance are the foundation stone of all technical analysis.
- Chart BasicsThe key to analysing bar charts: control, commitment, OHLC, whipsaws, long and short positions...
- Time FramesExpose hidden trends: markets trend in more than one direction at the same time...
- Technical Analysis
- Dow Theory
- Dow TheoryThe simplicity of these observations by Charles Dow belie their immense impact on the field of technical analysis.
- Dow Theory - TrendsHow to identify trends and trend changes.
- Dow Theory - Lines (Ranging Markets)Lines (or ranging markets may take the place of a secondary reaction.
- Dow Theory - ConfirmationBull and Bear markets are confirmed by both the Industrial and Transport Averages...
- Dow Theory - Market PhasesBull and bear markets each have three phases.
- Dow Theory
- Long-Term Patterns
- Chart PatternsChart Patterns are formed by support and resistance levels and by trend lines.
- Cup and HandleThe cup and handle is a longer term continuation pattern, similar to an ascending triangle.
- Double TopsDouble tops are useful reversal patterns in an up-trend, identified by two peaks of similar height, followed by a break below the intervening trough.
- Head & ShouldersA powerful reversal signal, the head and shoulders pattern is completed by a lower peak followed by a break below the neckline.
- Support/ResistanceSupport and resistance are the foundation stone of all technical analysis.
- Trading RangesTrading Ranges are formed by support and resistance lines in close proximity. Price fluctuates in a narrow band with no clear trend.
- Triangles & WedgesTriangles and wedges can be powerful continuation or reversal patterns, depending on their shape.
- Triple TopsTriple tops are similar to double tops and comprise three peaks of similar height.
- Chart Patterns
- Short-Term Patterns
- Short-Term Support & ResistanceSupport, resistance and trading ranges.
- Flags & PennantsFlags and pennants are short-term congestion patterns that form in trends and are reliable continuation signals.
- RectanglesRectangles are narrow consolidations in a trend.
- Rectangle SignalsRectangles are of the most reliable chart patterns when they appear in close proximity to support or resistance during an up-trend.
- Volume PatternsVolume activity provides powerful confirmation of price signals and often gives advance warning.
- Trading CandlesticksTo improve Candlesticks accuracy, combine with Volatility, Volume, Support/Resistance and Trendlines.
- Short-Term Support & Resistance
- Daily Patterns
- Bar/OHLC ChartsHow to identify trends, control, commitment, uncertainty, inside and outside days.
- Candlestick ChartsCandlestick chart patterns are able to highlight trend weakness and reversal signals that may not be apparent on a normal bar chart.
- GapsGaps are often found at breakouts or during a strong trend.
- Wide Ranging DaysA powerful signal, especially after big volume changes or a strong trend.
- SpikesA spike is identified by a high sharply above the days on either side, a close near the day's low, and a strong preceding trend.
- Volume Spikes/DipsThere are two times where daily volume will highlight unusual trading activity: a spike above the normal range or a dip below normal activity levels.
- Bar/OHLC Charts
- Technical Analysis Foundation
- Troubleshooting
- Frequently Asked Questions
- FAQFrequently asked questions
- Common FAQsFrequently asked questions.
- TroubleshootingCharts slow to open, will not open or abruptly close.
- SubscriptionsIssues with subscriptions, downloads and free trials.
- Charts, Projects & WatchlistsIndicators, trendlines, captions, watchlists and related chart issues.
- Stocks & DataData coverage, updates, downloads and other issues.
- Stock ScreenerScreens will not open or will not save.
- Newsletter & ForumNewsletter and forum issues.
- FAQ
- Support
- Troubleshooting WizardIncredible Charts Troubleshooting. Please open this wizard using Internet Explorer.
- Connection WizardTroubleshoot Internet connection issues.
- Connection TestIf you see a green square then you are able to connect to our server with your browser.
- Contact SupportContact Technical Support
- Troubleshooting Wizard
- Download & Install
- Automatic UpdateSuggested solutions to difficulties encountered with Incredible Charts live update
- Downloading IssuesHelpful sugSuggested solutions to issues encountered with downloading the installer filegestions and solutions to difficulties encountered with downloading IncredibleCharts
- Installing IssuesSuggested solutions to issues encountered with installing Incredible Charts
- Automatic Update
- Connection Issues
- ReinstallThese steps will fix most firewall and/or file permission issues.
- Ad-BlockersHelpful suggestions and solutions to difficulties encountered with the operation of Incredible Charts
- AuthenticationTroubleshooting Incredible Charts Authentication ...
- Connection TimeoutConnection checklist to solve connection difficulties encountered with the operation of Incredible Charts
- Default BrowserConnection difficulties encountered with the operation of Incredible Charts
- Internet ExplorerIncredibleCharts uses wininet.dll which is distributed with Internet Explorer ...
- LAN SettingsSettings for resolving connection difficulties
- Proxy ServerCheck your Dial-up and VPN proxy server settings ...
- TracerouteIf you cannot connect to our server after running a connection test, please send a traceroute.
- Trusted SitesOpen Internet Explorer and go to Tools >> Internet Options >> Security Select Trusted Sites and click the Sites button ...
- Reinstall
- Firewalls
- ReinstallThese steps will fix most firewall and/or file permission issues.
- AVGSettings for resolving connection difficulties
- KerioSettings for resolving connection difficulties
- McafeeSettings for resolving connection difficulties
- Norton ISSettings for resolving connection difficulties
- Other FirewallsSettings for resolving connection difficulties
- PC-cillinSettings for resolving connection difficulties
- SygateSettings for resolving connection difficulties
- Windows XPSettings for resolving connection difficulties
- Zone AlarmSettings for resolving connection difficulties
- Reinstall
- Application Issues
- Application ClosesSuggested solutions to difficulties encountered with the application abruptly closing
- Charting IssuesSuggested solutions to charting difficulties
- Connection SpeedsSuggestions to speed up chart downloads
- Disappears at StartupThis may occur if you normally work with two screens and only one is activated.
- Forum HelpAddresses difficulties encountered by new users on the Chart Forum.
- Newsletter EmailsSuggested solutions to difficulties encountered with Incredible Charts newsletters
- PasswordsAdvice on Incredible Charts and Chart Forum passwords.
- Stock Screen IssuesSuggestions to deal with stock screening issues.
- Application Closes
- Frequently Asked Questions

