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24.
Volume Breakdown
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of Power
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1.
Linear Regression
Spirals (Logarithmic Spirals)
| The Formula . . . |
. . .more on Formulas |
| See Description Below | |
| The Presentation . . . |
. . . more on Charts |
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Above is a Daily Chart of Intel (INTC). The diagonal blue line represents a trendline between two extreme prices, based on the begin and end date-times specified in the preferences below. In this example, the spirals are drawn in a clockwise direction from the endpoint of the trendline. |
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| The Preferences . . . |
. . . more on Preferences |
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| The Description . . . | |
The Spiral indicator (also know as the "Logarithmic Spiral") provides a
link between price and time analysis, and can help in forecasting both
price and time. Similar to indicators such as Fibonacci Retracements,
Fibonacci Arcs, and Gann Angles, the Spirals indicators is based off a
trendline which connects a significant high with a significant low. The
spiral can be drawn in a clockwise and/or counter-clockwise direction
originating from the endpoint of the trendline. To add the Spiral
indicator to a chart, use the new Spirals button
on the charting toolbar. After clicking the spiral button
, mouse down
in the chart and drag a trendline connect any two bars between which
you'd like trendline drawn. The spiral will then be
automatically drawn off the resulting trendline. Either
endpoint of the trendline can then be dragged and dropped on another
bar. Keyboard adjustment is also available (see the
"Keyboard Adjustment" section below for more information).
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| RTL Token . . . NA ( more ) | |
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No RTL token currently exists for the Spirals indicator. |
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| Keyboard Adjustment . . . | |
| The
keyboard can be used to move the Spiral trendline endpoints to the
right and left. First, click on the chart. Then hit the tab
key repeatedly until you notice your Spiral is selected. Then,
press the right or left arrow keys on your keyboard to move the entire
trendline right or left one bar. To move the trendline up or
down, press the up and down arrows on the keyboard. If you would
like to move only the endpoint, then hold down the Ctrl key while
pressing the right or left arrow keys. If you would like to move
only the beginning point, then hold down the Shift key while pressing
the right or left arrow keys. You can also quickly increase or
decrease the line thickness of the spiral lines with a ctrl-up arrow or
ctrl-down arrow. For more information on technical indicator
adjustment, click here. |
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| User Strategies . . . | |
| If you have a User Strategy you'd like to share, please email to support@linnsoft.com | |
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