Trend SpotterTrend Spotter is a computerized trend analysis system, developed over several years, on the internet. The system uses a combination of wave theory, market momentum and volatility. Thus attempting to find a general trend for a specific market. Trend Spotter attempts to cut losers early and let winners run. A graphical interpretation can be viewed using the Custom Charts. When there is a single dot above the price, this is a resistance point and represents a bearish trend. When there is a single dot below the price, this is a support point and represents a bullish trend. When there are 2 dots, one above and one below the price this represents a neutral or hold trend. When a trend exits either a bullish or bearish trend, the trend is forced as a neutral trend for at least one day. |