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March 2011

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How can I Email, Save or Share a Chart from StockCharts.com?

by Arthur Hill

StockCharts.com users can email, save and share their charts with just a few mouse clicks and keyboard strokes. The first step, of course, is creating the chart. Once you have a chart ready, hover over the chart and right click on the mouse. This will bring up an options menu. Below is a QQQ chart showing the options menu. Save Image As: This option allows users can save the image to their hard-drive for further reference. Send Image: Selecting this option will open a new email message in your default email program with a link to the image in the message Read More 

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What are Equivolume Boxes?

by Arthur Hill

EquiVolume is a price box based on the high, low, close and volume. The high and low define the height of the box, the close defines the color and volume defines the width. EquiVolume boxes are black when the close is above the prior close and red when the close is below the prior close. Chartists can apply normal technical analysis to EquiVolume charts. Moving average, support, resistance, chart patterns and other techniques work just fine. Chartists get the added advantage of having volume information right on the main price chart. This makes it easy to spot high volume moves. he chart Read More 

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Measure Relative Strength and Rotations for Sector Mutual Funds with Fidelity, Rydex and Profunds

by Arthur Hill

StockCharts.com covers the Rydex family of mutual funds and these are readily available in a Market Carpet. In particular, chartists can quickly hone in on the 17 sector funds for a quick overview of the market. Even if you are not a Rydex trader, comparing the performance of 17 sector funds provides valuable information on group rotations within the market. Here are the steps to get to the 17 sector funds. First, click the link for the Rydex Mutual Fund MarketCarpet. This can be found on the Free Charts page at the bottom of the third column. This MarketCarpet shows four Rydex Mutual Read More 

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How can I draw a Linear Regression?

by Arthur Hill

The Linear Regression is the middle line of the Raff Regression Channel. This indicator forms a channel with trendlines extending from the high or low that is furthest from the Linear Regression. In the chart below, the Raff Regression Channel is shown with blue lines. The 31-January low is the high-low that is furthest from the Linear Regression. This low sets the distance for both channel lines (upper and lower). The thick green dotted line was drawn over the lower channel line and extended to mark rising channel support. QQQQ battled this extension for two weeks and then broke down Read More 

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How can I plot an indicator of an indicator?

by Arthur Hill

Chartists can apply a variety of indicators to indicators. While this might seem like throwing some rice on your pasta, sometimes a moving average or Rate-of-Change can help identify turning points in the indicator. The indicator of an indicator option can be seen by clicking on “advanced options”, which is just to the right of the selected indicator. The example below shows three indicators with three helping indicators. First, a 12-period Rate-of-Change was added to RSI. Note that the Rate-of-Change scale is on the left side. Moves into positive territory signal an upside surge in RSI Read More