Trend Library Definitions

Transcription

1 Trend Library Definitions The word close in the names of the functions below does not mean the close of the current bar or day. References: when price has crossed above or below a condition. Example: When price has crossed above a daily support line, it has closed above it at that point in time which triggers the condition for that function. TREND 15 CLOSE GREATEROF DS 15 MINUTE SL Price greater Daily Support Line and Price greater 15 Minute Intraday Support Line, LONG TREND 15 CLOSE LESS DR CLOSE LESS INTRADAY RL Price less Daily Resistance Line and Price less 15 Minute Intraday Resistance Line, SHORT TREND 15 CLOSE LESSOF DR 15 MINUTE RL Price less Daily Resistance Line and Price less 15 Minute Resistance Line, SHORT TREND 15 MINUTE RESISTANCE LINE CHART USE ONLY Price is below 15 Minute Resistance line, chart use only. TREND 15 MINUTE SUPPORT LINE CHART USE ONLY Price is greater 15 Minute Support Line, chart use only. TREND 15 TREND PRICE IS GREATER DSL INTRADAY SL TREND 17 74D LONG EXIT INTRADAY SWING Apply as LONG EXIT. To EXIT and RE-ENTER. TREND 17 74D SHORT EXIT INTRADAY Apply as SHORT EXIT. To EXIT and RE-ENTER. TREND 180 CLOSE GREATEROF DS 180 SL Price greater Daily Support and Price greater 180 minute Support Line, LONG TREND 180 CLOSE LESS DR CLOSE LESS INTRADAY RL Price less Daily Resistance Line and Intraday Resistance Line, SHORT TREND 180 CLOSE LESSOF DAILY RL 180 RL Price less Daily Resistance and Price less 180 minute Resistance line, SHORT TREND 180 MINUTE RESISTANCE LINE CHART USE ONLY Price is below 180 Minute Resistance line, chart use only. TREND 180 MINUTE SUPPORT LINE CHART USE ONLY Price is greater 180 Minute Support Line, chart use only. TREND 180 TREND PRICE IS GREATER DSL INTRADAY SL Price greater Daily Support Line and Price greater Intraday Support Line. TREND 240 CLOSE GREATEROF 240 MINUTE SL Price greater 240 Minute Support Line, LONG TREND 240 CLOSE GREATEROF DS 240 SL Price greater Daily Support Line and 240 Support Line, LONG TREND 240 CLOSE LESS DR CLOSE LESS INTRADAY RL Price less Daily Resistance Line and Intraday Resistance Line, SHORT TREND 240 CLOSE LESSOF 240 RL Price less 240 Resistance Line, SHORT TREND 240 CLOSE LESSOF DAILY RL 240 RL Price less Daily Resistance and 240 Resistance Line, SHORT TREND 240 MINUTE RESISTANCE LINE CHART USE ONLY Price is below 240 Minute Resistance line, chart use only. TREND 240 MINUTE SUPPORT LINE CHART USE ONLY Price is greater 240 Minute Support Line, chart use only. TREND 240 TREND PRICE IS GREATER DSL INTRADAY SL TREND 3 CLOSE LESS DR CLOSE LESS INTRADAY RL Price less Daily Resistance Line and Price less Intraday Resistance Line, SHORT TREND 3 MINUTE RESISTANCE LINE CHART USE ONLY Price is below 3 Minute Resistance Line, chart use only. TREND 3 MINUTE SUPPORT LINE CHART USE ONLY Price is greater 3 Minute Support Line, chart use only. TREND 3 PRICE BELOWOF DR 3 MINUTE RL Price is below Daily Resistance Line and 3 Minute Resistance Line, SHORT TREND 3 PRICE GREATEROF DS 3 MINUTE SUPPORT Price is greater Daily Support and 3 Minute Support, LONG 1

2 TREND 3 TREND PRICE IS GREATER DSL INTRADAY SL TREND TRIGGER LOWER CHART PANE 15 MIN Trigger 15 Min. lower chart pane. Not to use as ENTRY or EXIT. Charting purposes only. TREND 30 CLOSE BELOW CLOSE LAST YEAR Price below close of last year. TREND 30 CLOSE GREATER CLOSE LAST YEAR Price greater close last year. TREND CYCLE FINDER LOWER CHART PANE 15 MIN Cycle Finder 15 Min. Chart only. Tracking Support and Resistance Lines for comparison. Not to use as ENTRY or EXIT. Charting purpose only! TREND 360 CLOSE LESS DR CLOSE LESS INTRADAY RL Price less Daily Resistance Line and Intraday Resistance Line, SHORT TREND 360 MINUTE RESISTANCE LINE CHART USE ONLY Price is below 360 Minute Resistance line, chart use only. TREND 360 MINUTE SUPPORT LINE CHART USE ONLY Price is greater 360 Minute Support Line, chart use only. TREND 360 TREND CLOSE GREATEROF DS 360 SL Price greater Daily Support Line and Price greater 360 Minute Support Line, LONG TREND 360 TREND CLOSE LESSOF DR 360 RL Price less Daily Resistance Line and Price less 360 Minute Resistance Line, SHORT TREND 360 TREND PRICE IS GREATER DSL INTRADAY SL TREND CYCLE FINDER LOWER CHART PANE 3 1 MIN Cycle Finder lower chart pane for 3 Min and 1 Min Chart. TREND C INTRADAY C F LOWER CHART PANE Intraday Cycle Finder. CERVO C Cycle Finder. Do not use as ENTRY or EXIT. Use only for charting purpose. Shows the Resistance and Support Lines on a scale. Intraday compared to Daily time period. Apply on Daily and Intraday time period only. TREND C INTRADAY C F LOWER CHART PANE Intraday CYCLE FINDER. Apply on Daily, 360, 240, and 180 Min. time period charts only. Located in lower pane of chart. Do not use as ENTRY or EXIT. Charting purpose only. TREND 42 INTRADAY RESISTANCE CD LONG EXIT Intraday Resistance Line. Use as EXIT when in a Long Position. Place highlight marker on chart and study condition when it crosses below the Resistance Line STEP on intraday chart. Reverse for Short Entry. TREND 42 INTRADAY SUPPORT CD SHORT EXIT Intraday Support Line. When going short this can be used as EXIT from Short Position. Works very well with Intraday Support line STEPS that are dark green on Intraday charts. Used for short term trading. Reverse for Long Entry. TREND 43 INTRADAY RESISTANCE CD3 Use for all Intraday charts to show the Resistance Line to show price strength or weakness. Do not use as ENTRY or EXIT. TREND 43 INTRADAY SUPPORT CD3 Use for all Intraday charts to show the Support Line to show price strength or weakness. Do not use as ENTRY or EXIT. TREND 45 DAILY RESISTANCE LINE STEP CD3 Daily Resistance Line step. This is the Daily Resistance Line Step on all charts to show when price is above or below. Not used as ENTRY or EXIT. TREND 46 DAILY SUPPORT LINE STEP CD3 Daily Support Line STEP. This is used on all charts to show if price bars are above or below. Not used as ENTRY or EXIT. TREND 47 WEEKLY RL INDICATOR STEP CD3 Do not use as This is the step for the Weekly Resistance Line on all charts that reflects when price crosses above or below it will show the price direction for seeing strength in trading direction. TREND 47 WEEKLY SUPPORT INDICATOR STEP CD3 Do not use as This is the step for the Weekly Support Line on all charts that reflects when price crosses above or below it will show the price direction for seeing strength in trading direction. TREND 48 MONTHLY RL INDICATOR STEP CD3 This is the Monthly Resistance Line Step on all charts showing price strength or weakness in trading the market. Not used as TREND 48 MONTHLY SL INDICATOR STEP CD3 This is the Monthly Support Line Step on all charts showing price strength or weakness in trading the market. Not used as TREND 49 QUARTERLY SWING POINT Pink Step Line on the charts that shows 3 Months of trading activity. Trade on the side of the Pink Step. With Monthly Support & Resistance & Weekly Resistance & Support Lines are on same side. This will be putting the odds in the favor of the trader. TREND CYCLE FINDER A LOWER CHART PANE Cycle Finder A Line Weekly Chart. Lower Chart Pane. 2

3 TREND C QUARTERLY C F 94 LOWER CHART PANE Monthly and Quarterly Charts only. Quarterly CYCLE FINDER 94 in lower chart pane. Not used as ENTRY or EXIT. Difference between Resistance and Support for Monthly and Quarterly time periods. TREND C MONTHLYTRIGGER LOWER CHART PANE Monthly Trigger line 95. Located in lower chart pane. NOT USED FOR TRADING, ONLY CHARTING. Charting Monthly versus Quarterly Resistance and Support time periods. Apply on Quarterly and Monthly Chart only. TREND 50 95C MONTHLY CYCLE FINDER LOWER CHART PANE Monthly CYCLE FINDER. Apply on Quarterly chart only. Located in lower pane of chart. Do not use as Entry or Exit. Charting purpose only. TREND 50 A MONTHLY HI LT BAR DN 1 This is used as Highlight Price bar on the Monthly chart. When price is Down. Not used as TREND 50 A MONTHLY HI LT BAR UP 1 This is used as Highlight Price bar on the Monthly chart. When price is Up. Not used as TREND 50 TREND CLOSE MAKING A HIGHER CLOSE Price making a higher close. TREND 50 TREND CLOSE MAKING LOWER CLOSE Price making a lower close. TREND 51 MRL MSL WRL PRICE LESS Price below Monthly Resistance Line, Monthly Support Line and Weekly Resistance Line, SHORT TREND 51 MRL MSL WSL PRICE GREATER Price greater then Monthly Resistance Line, Monthly Support Line and Weekly Support Line, LONG TREND 52 MONTHLY RL SL PRICE GREATER Price crosses above Monthly Resistance Line and Monthly Support Line. Use only as Zone color or Highlight Marker. Used in the lower chart pane to show strength in price direction. Not an TREND 52 MONTHLY RL SL PRICE LESS Price crosses below Monthly Resistance Line and Monthly Support Line. Use only as Zone color or Highlight Marker. Used in the lower chart pane to show strength in price direction. Not an TREND 53 PRICE BELOW MR Price is below Monthly Resistance Line. TREND 53 PRICE GREATER MS Price is greater Monthly Support Line. TREND 53 PRICE IS BELOW WEEKLY RL Price is below Weekly Resistance Line, SHORT 3 TREND 55 MONTHLY RESISTANCE PRICE CROSSES BELOW Will display an X over price bar, EXIT for Long Position. When price crosses below Monthly Resistance Line. Monthly highlight marker cannot be applied for trading purpose. TREND 55 MONTHLY SUPPORT PRICE CROSSES ABOVE Will display an X below price bar, EXIT for Short Position. Apply on chart to show where cross above price bar took place. TREND 56 A CLOSE GREATER MS WS DS Price greater Monthly Support Line, Price greater Weekly Support Line and Price greater Daily Support Line, LONG TREND 56 A CLOSE LESS MR WR DR Price less Monthly Resistance Line, Weekly Resistance Line and Daily Resistance Line, SHORT TREND 56 B CLOSE GREATER MS WS DS INTRADAY SL Price greater Monthly Support Line, Price greater Weekly Support Line, Price greater Daily Support Line and Price greater Intraday Support Line. TREND 56 B CLOSE LESS MR WR DR INTRADAY RL Price less Monthly Resistance Line, Price less Weekly Resistance Line, Price less Daily Resistance Line and Price less Intraday Resistance Line. TREND 56 CLOSE GREATER MS WS Price greater Monthly Support Line and Price greater Weekly Support Line. TREND 56 CLOSE LESS MR WR Price less Monthly Resistance Line and Price less Weekly Resistance Line. TREND 58 MRL MSL WRL WSL PRICE GREATER Price greater then Monthly Resistance Line, Monthly Support Line, Weekly Resistance Line and Weekly Support Lines. Use as Zone color in lower pane on charts to show strength in the market. Do not use as TREND 58 MSL MRL WRL WSL PRICE LESS Price less then Monthly Resistance Line, Monthly Support Line, Weekly Resistance Line and Weekly Support Lines. Use as Zone color in lower chart pane on charts to show strength in the market. Do not use as TREND C WEEKLY TRIGGER LOWER CHART PANE Weekly Trigger apply with Monthly and Quarterly charts only. Use only for charting purpose. Lower chart pane. Shows charting of Resistance and Support Lines. Small cycle compared longer cycle of market action. TREND 60 94C WEEKLY CYCLE FINDER LOWER CHART PANE Weekly Cycle Finder C in lower chart pane. Not used as Entry or Exit. Difference between Resistance and Support for Weekly chart only. Lower chart pane. TREND 60 A WEEKLY HIGHLIGHT BAR GREATER Weekly Highlight bar Price is Greater. Price bar is BLUE.

4 TREND 60 A WEEKLY HIGHLIGHT BAR LESS Weekly Highlight bar Price is Less. Price bar is RED. TREND 60 CLOSE LESS DR CLOSE LESS INTRADAY RL Price less Daily Resistance Line and Intraday Resistance Line, SHORT TREND 60 MINUTE RESISTANCE LINE CHART USE ONLY Price is below 60 Minute Resistance line, chart use only. TREND 60 MINUTE SUPPORT LINE CHART USE ONLY Price is greater 60 Minute Support Line, chart use only. TREND 60 PRICE BELOWOF DR 60 MINUTE RL Price is below Daily Resistance and below 60 Minute Resistance Line, SHORT TREND 60 PRICE GREATEROF DS 60 MINUTE SL Price is greater Daily Support Line and greater 60 Minute Support, LONG TREND 60 TREND PRICE IS GREATER DSL INTRADAY SL TREND 62 PRICE BELOW WR DR Price below Weekly Resistance Line and Price below Daily Resistance Line. TREND 62 PRICE GR WS DS Price above Weekly Support Line and price above Daily Support Line. TREND 65 A WEEKLY RL PRICE CROSS BELOW EXIT Price Crosses Below Weekly Resistance Line. Use as EXIT when in a Long Position. The chart will show where cross below marker occurred. TREND 65 A WEEKLY SL PRICE CROSSES ABOVE EXIT Price Crosses Above the Weekly Support Line. Use as an EXIT when in a Short Position. The chart will show where cross above marker occurred. TREND 6575 LONG EXIT WR DR Exit from Long Position, when price crosses below Weekly Resistance Line or Daily Resistance Line. TREND 6575 SHORT EXIT WITH WS DS Short Exit when price crosses above Weekly Support Line or Daily Support Line. TREND LONG EXIT WR DR INTRADAY RL Exit from Long Position, when price crosses below Weekly Resistance Line or Daily Resistance Line or Intraday Resistance Line. TREND SHORT EXIT WS DS INTRADAY SL Short Exit when price crosses above Weekly Support Line or Daily Support Line or Intraday Support Line. TREND 67 A CLOSE GREATER WS DS Price greater Weekly Support Line and Price greater Daily Support Line, LONG TREND 67 A CLOSE LESS WR DR Price below Weekly Resistance Line and Price below Daily Resistance Line, SHORT TREND 67 AA CLOSE GREATER WS DS Price greater Weekly Support Line and Price greater Daily Support Line, LONG TREND 67 WEEKLY RL SL CLOSE GREATER Price is greater then Weekly Resistance Line & Weekly Support Line. This will show all areas where the Price is above WRL & WSL. Used as Zone color or a Highlight Marker under price bars. Can be applied as a LONG TREND 67 WEEKLY RL SL CLOSE LESS Price is Less then Weekly Resistance Line & Weekly Support Line. This will show all areas where the Price is less WRL & WSL. Used as Zone color or a Highlight Marker over price bars. Can be applied as a SHORT TREND 68 WEEKLY RL SL DAILY RL SL GREATER This is the zone color showing when price bars cross above the Weekly and Daily Support and Resistance Lines. This can also be used as LONG ENTRY, OR background Zone color. TREND 68 WEEKLY RL SL DAILY RL SL LESS This is the Zone color showing when price bars cross below the Weekly and Daily Support and Resistance Lines. This can also be used as SHORT ENTRY or background Zone color for chart. TREND 69 B CLOSE GREATER WS GR DS DR Price greater Weekly Support Line, Price greater Daily Support Line and Daily Resistance Line, LONG TREND 69 B CLOSE LESS WR DR DS Price less Weekly Resistance Line, Price less Daily Resistance Line and less Daily Support Line, SHORT TREND 69 WS WR DR LESS When Price is less Weekly Resistance Line, Weekly Support Line And Daily Resistance Line, this can be used as a Zone color on chart or a Highlight Marker above price bars. Can also be used as SHORT TREND 69 WS WR DS GREATER When price is greater then Weekly Resistance Line, Weekly Support Line And Daily Support Line, this can be used as a Zone color on chart or a Highlight Marker below price bars. Can also be used as LONG TREND C 94 D TRIGGER LOWER CHART PANE Daily Trigger apply on Daily, 360, 240, and 180 Min. charts only. Use only for charting purpose. Lower chart pane!! Shows charting of Resistance and Support Lines. Small cycle compared longer cycle of market action. 4

5 TREND C CYCLE FINDER LOWER CHART PANE Daily Cycle Finder C in lower chart pane. Not used as ENTRY or EXIT. Difference between Resistance and Support Line for Daily, 360 Min. 240 Min. and 180 Min. charts only. Lower chart pane. NOT USED for ENTRY or EXIT. TREND 70 94C DAILY C F LOWER CHART PANE Daily Cycle Finder only. CERVO C Cycle Finder. Do not use as ENTRY or EXIT. Use only for charting purpose. Shows the Resistance and Support Lines on a scale. Daily compared to 360, 240, and180 Min time period. TREND C DAILY CYCLE FINDER LOWER CHART PANE Daily Cycle Finder only. CERVO C Cycle Finder. Do not use as ENTRY or EXIT. Use only for charting purpose. Shows the Resistance and Support Lines on a scale. Weekly versus Daily time period. Apply on Weekly and Daily time period only. TREND C DAILY TRIGGER LOWER CHART PANE Daily Cycle Trigger. Weekly and Daily chart only. Do not use as ENTRY or EXIT. Use only for charting purpose. Lower chart pane! Shows charting of Resistance or Support Lines. Small cycle compared longer cycle of market action. TREND 70 CV CLOSE GREATER DS DR INTRADAY SL Price greater Daily Support Line and Daily Resistance Line and Intraday Support Line, LONG TREND 70 CV CLOSE LESS DS DR INTRADAY RL Price below Daily Support Line and Daily Resistance Line and Intraday Resistance Line, SHORT TREND 70 DAILY RL SL PRICE GREATER Price is above Daily Resistance Line and Daily Support Line. Can use as LONG ENTRY or Zone color. TREND 70 DAILY RL SL PRICE LESS Price is below Daily Resistance Line and Daily Support Line. Can use as SHORT ENTRY or Zone color. TREND 720 CLOSE LESS DR CLOSE LESS INTRADAY RL Price less Daily Resistance Line and Intraday Resistance Line, SHORT TREND 720 MINUTE RESISTANCE LINE CHART USE ONLY Price is below 720 Minute Resistance line, chart use only. TREND 720 MINUTE SUPPORT LINE CHART USE ONLY Price is greater 720 Minute Support Line, chart use only. TREND 720 TREND PRICE IS GREATER DSL INTRADAY SL TREND 73 DAILY PRICE GREATER DRL HIGHLIGHT BARS UP Price greater Daily Resistance Line. This is a Highlight Marker. Can be used to highlight price bars or marker on chart. Blue in color price is up, LONG TREND 73 DAILY PRICE LESS DSL HIGHLIGHT BARS DOWN Price less Daily Support Line. This is a Highlight Marker. Can be placed on chart as a highlight marker over price bars or used to highlight price bars going down. Red in color, SHORT TREND 74 DAILY PRICE BELOW RESISTANCE LINE Price less then Daily Resistance Line. Study the chart with the steps. Use as a Highlight Marker or Zone color on charts to show when condition is met, SHORT TREND 74 DAILY PRICE GREATER SUPPORT LINE Price greater then Daily Support Line. Study the chart with the steps. Use as a Highlight Marker or Zone color on charts, to show when condition is met, LONG TREND LONG EXIT DR INTRADAY RL Exit from Long Position when price crosses below Daily Resistance Line or when price crosses below Intraday Resistance Line. TREND SHORT EXIT DS INTRADAY SL Exit from Short Position when price crosses above Daily Support Line or when price crosses above Intraday Support Line. TREND 75 B PRICE CROSSES ABOVE DAILY RL Price crosses above Daily Resistance Line, LONG TREND 75 B PRICE CROSSES BELOW DAILY SL Price crosses below Daily Support Line, SHORT TREND 75 BC PRICE CROSSES ABOVE DR BELOW DS Price crosses above Daily Resistance Line OR Crosses Below Daily Support Line, ENTRY OR EXIT. TREND 75 BC PRICE CROSSES ABOVE DS BELOW DR Price crosses below Daily Resistance Line OR Crosses above Daily Support Line, ENTRY OR EXIT. TREND 75 DAILY RL EXIT PRICE CROSSES BELOW Price crosses below the Daily Resistance Line. This will place a Highlight Marker above price bar where the crossover took place. Use on any time frame. Use as a LONG EXIT. TREND 75 DAILY SL EXIT CROSSES ABOVE Price crosses above Daily Support Line. This will show one highlight marker where the cross over took place. Use on any time frame. Use as a SHORT EXIT. TREND 77 CLOSE GREATER DAILY SL INTRADAY SUPPORT TREND 77 CLOSE LESS DAILY RL INTRADAY RL Price less Daily Resistance Line and Intraday Resistance Line, SHORT 5

6 TREND 77 CV TREND CLOSE BELOW WR INTRADAY RL Price less Weekly Resistance Line and Intraday Resistance Line. SHORT ENTRY Intraday. TREND 77 CV TREND CLOSE GREATER WS INTRADAY SL Price greater Weekly Support Line and Intraday Support Line for LONG ENTRY Intraday. TREND 77 LONG ENTRY GR WS DS INTRADAY Price greater Weekly Support Line and Daily Support Line and Intraday Support Line. LONG ENTRY Intraday. TREND 77 SHORT ENTRY LESS WR DR INTRADAY RL Price less Weekly Resistance Line, Weekly Support Line, Daily Resistance Line and Intraday Resistance Line. SHORT ENTRY Intraday. TREND 77 SWING CHART CLOSE LESS DRL INTRADAY RL Price less Daily Resistance Line and Intraday Resistance Line. TREND 8 A EXIT FROM LONG POSITION Apply as Exit from Long Position. TREND 8 A EXIT FROM SHORT POSITION Apply as Exit from Short Position. TREND 8Z WEEKLY WHITE ZONE UP Do not use as entry. Use on Weekly chart. This is needed in order to show zone color in lower pane on chart. TREND 90 CLOSE GREATER DS GREATEROF 90 MIN SL Price greater Daily Support and Price greater 90 Minute support line, LONG TREND 90 CLOSE LESS DR CLOSE LESS INTRADAY RL Price less Daily Resistance Line and Intraday Resistance Line, SHORT TREND 90 CLOSE LESS DR CLOSE LESSOF 90 MIN RL Price less Daily Resistance Line and Price less 90 Minute Resistance Line, SHORT TREND 90 MINUTE RESISTANCE LINE CHART USE ONLY Price is below 90 Minute Resistance Line, chart use only. TREND 90 MINUTE SUPPORT LINE CHART USE ONLY Price is greater 90 Minute Support Line, chart use only. TREND 90 TREND PRICE IS GREATER DSL INTRADAY SL Price greater Daily Support Line and Price greater Intraday Support Line, LONG TREND 8Z DAILY WHITE ZONE DN This needs to be left on all charts as shown. Used for upper and lower pane color zone. Use on Daily chart. TREND 8Z DAILY WHITE ZONE UP This needs to be left on all charts as located. Used to show upper and lower pane for color zones. Use on Daily chart. TREND 8Z MONTHLY WHITE ZONE DN This needs to be left on all charts as located. Used to show upper and lower pane for color zones. Monthly chart. TREND 8Z SIXTY WHITE ZONE DN This needs to be left on all charts as located. Used to show upper and lower pane for color zones. Intra day chart. TREND 8Z SIXTY WHITE ZONE UP Do not use as entry. This is used to permit color in the lower pane on the chart so condition can be selected into lower pane. Intraday chart. TREND 8Z WEEKLY WHITE ZONE DN Do not use as entry. Use on Weekly chart. This is needed in order to show zone color in lower pane on chart. 6