When a stocks price touches a support line (as seen above) and for as long as the price remains against the support line, the background of your chart turns dark green. When the stock moves away from this support line (No longer touching) you get a lighter gold/green background.
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Conformation arrows provide the magnitude of the move away from the support line. The longer the shaft the greater the likelihood of this being a good entry point. Two arrows are produced by SDG. Each is calculated from the same inflection point, the first reversal bar.
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
When a stocks price touches a resistance line (as seen above) and for as long as the price remains against the resistance line, the background of your chart turns dark red. When the stock moves away from this resistance line (No longer touching) you get a lighter gold/red background.
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Conformation arrows provide the magnitude of the move away from the Resistance line. The longer the shaft the greater the likelihood of this being a good entry point. Two arrows are produced by SDG. Each is calculated from the same inflection point, the first reversal bar.
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
When a stock's volume spikes at least 1.6 times greater than the COG Volume indicator's average, the program paints the background Dark Blue. The "CK 4 NEWS" flag admonishes traders to find out why volume is spiking.
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
When a stock's volume spikes at least 3.1 times greater than the COG Volume indicator's average, the program paints the background white. The "CK 4 NEWS" flag admonishes traders to find out why volume is spiking.
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
