Portfolio Management Software
Overview The Zig Zag indicator filters out changes in an underlying plot (e.g., a security’s price or another indicator) that are less than a specified amount. The Zig Zag indicator only shows significant changes. Interpretation The Zig Zag indicator is used primarily to help you see changes by punctuating the […]
This tutorial written and reproduced with permission from Peter Ponzo So I get this e-mail that talks about pivot points and … And you never heard of them, right? No. I mean, yes, I never heard of them, but they seemed interesting so I thought I’d investigate. The idea is […]
Overview A basic principle of technical analysis is that security prices move in trends. We also know that trends do not last forever. They eventually change direction and when they do, they rarely do so on a dime. Instead, prices typically decelerate, pause, and then reverse. These phases occur as […]
Overview Point & Figure (“P&F”) charts differ from traditional price charts in that they completely disregard the passage of time and only display changes in prices. Rather than having price on the y-axis and time on the x-axis, P&F charts display price changes on both axes. This is similar to […]
Overview A basic principle of technical analysis is that security prices move in trends. We also know that trends do not last forever. They eventually change direction and when they do, they rarely do so on a dime. Instead, prices typically decelerate, pause, and then reverse. These phases occur as […]