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Creating Parabolic Trendlines

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damo View Drop Down
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Post Options Post Options   Quote damo Quote  Post ReplyReply Direct Link To This Post Topic: Creating Parabolic Trendlines
    Posted: 05 May 2006 at 1:38am
Originally posted by Brendon

Can you email to brendonl@weblink.com.au a screen shot of the options available.


Thanks



I would have mailed this to you already, but Market Analyst keeps crashing...
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Owen View Drop Down
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Post Options Post Options   Quote Owen Quote  Post ReplyReply Direct Link To This Post Posted: 12 Jan 2006 at 10:02pm
Brendon you are right! I love Bullcharts even more now.
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Brendon View Drop Down
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Post Options Post Options   Quote Brendon Quote  Post ReplyReply Direct Link To This Post Posted: 12 Jan 2006 at 11:22am
Guppies' parabola is actually more like our Quarter Ellipse. 
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Owen View Drop Down
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Post Options Post Options   Quote Owen Quote  Post ReplyReply Direct Link To This Post Posted: 11 Jan 2006 at 9:36pm
Daryl Guppy's charting package also has a parabolic tool, but it seems to work differently.




The top chart is BC. The bottom one is from GTE Tool Box. I showed the differences on the charts. My main point is that the timing of exit is different, depending on what program you use. What do others think?


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Brendon View Drop Down
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Post Options Post Options   Quote Brendon Quote  Post ReplyReply Direct Link To This Post Posted: 05 Dec 2005 at 6:24am

Can you email to brendonl@weblink.com.au a screen shot of the options available.

Thanks

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damo View Drop Down
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Post Options Post Options   Quote damo Quote  Post ReplyReply Direct Link To This Post Posted: 04 Dec 2005 at 10:14pm
Can we have an option where we can increase/decrease the speed of the parabola? This is seen in FoxCharts and Market Analyst.

damo
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SimonSavva View Drop Down
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Post Options Post Options   Quote SimonSavva Quote  Post ReplyReply Direct Link To This Post Posted: 28 May 2005 at 5:00pm
I've never seen this before, might be quite useful as a stop loss tool. Thankyou!
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Peter View Drop Down
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Post Options Post Options   Quote Peter Quote  Post ReplyReply Direct Link To This Post Posted: 08 Mar 2005 at 3:10pm
In physics, an object that is accelerating will often appear as a parabola. Parabolic formations can also sometimes be observed in stock market trends indicating that the rate of change is increasing, ie accelerating.

BullCharts allows you to construct parabolic trendlines. Figure 1 shows a parabola fitting the lows on a KZL daily chart.



In the same way that it takes two points to described a line, it takes three points to describe a parabola. To draw a parabola, follow these steps:
  1. Select the parabola tool, located with the shape drawing tools.
  2. Click three times on the chart at three separate points. It is important that none of the points are on the same date. Tip: Use snap to price to exactly lock onto price points.
  3. A cross will mark the first two clicks. Once the third click is made the parabola will appear that passes through the three selected points.
Once drawn, the parabola's three handles can be moved around much like the other drawing tools. Options are also available in the parabola properties to extend the parabola to infinity in either direction.

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