Direction Starts Chart
PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.
TRADING FUTURES AND OPTIONS INVOLVES SUBSTANTIAL RISK OF LOSS AND IS NOT SUITABLE FOR ALL INVESTORS.
===================================================================Philosophy is to identify the cause and characteristics of direction. Proprietary criteria, definitions and logic are given to a computer which decifers price, time and volume data, calculates Direction Starts and four types of activity.
The four types of activity are categorized and encoded as:
Up Buying = Buying, Down Selling = Selling, | High Selling = HS Low Buying = LB |
White vertical line identifies the new day.
Pacific time and date of the new day are below.
The numbers in green, white and blue are for adding, tolerance, and getting out.
Volume information is sent from the exchanges and is a numerical count.
Basic segment sequence: 1) a start, 2) market continues direction or not, 3) go flat. (Not auto-reverse, reverse)