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Trendline Charts Pro

Trendline Charts Pro by Screenulator.com ® This is the full license version of Trendline Charts, with ad bann...

$ 17.35

Store review

Trendline Charts Pro by Screenulator.com ®

This is the full license version of Trendline Charts, with ad banner removed,
and faster chart generation. It also gives you unrestricted access to the
latest chart pattern screening results, as opposed to often delayed results of
the free version.


Summary:

The only stock chart app to automatically display Support and Resistance lines
(also known as Trendlines) on a Candlestick chart, powered by Screenulator.com
chart pattern recognition engine. It also has a filter or stock screener based
on Trendline patterns, such as Resistance breakout and Support penetration.
For example, you can see all the stocks that have broke out resistance levels
at a glance.

About Trendlines:

A trend line is a bounding line for the price movement of a security. A
support trend line (or a bottom line) is formed when a securities price
decreases and then rebounds at a pivot point that aligns with at least two
previous support pivot points. Similarly a resistance trend line (or a top
line) is formed when a securities price increases and then rebounds at a pivot
point that aligns with at least two previous resistance pivot points. In other
words, bottom lines are formed by joining a series of bottom points, and top
lines are formed by joining a series of peaks.

Trendlines are considered by many expert traders and investors as the single
most important tools in technical analysis. However, unlike other indicators
of Technical Analysis, it does not come with a fixed formula, but require
human eyes and brain to draw the best fit line across a series of bottoms or
tops. It is still very much of an art form. If you are looking for a
particular trendline pattern - such as Resistance breakout, the tasks of
drawing trendlines for all stocks on the market becomes tedious if not
impossible. This tool solves the problem for you.

The App lets user select any US stock by entering symbol or company name, and
shows near real time quotes (synched with Yahoo finance), and draws beautiful
candle stick charts with trendlines overlay. Charts can be viewed in many
timeframes - from 3 months to 10 years or maximum lifespan of the stock.
Trendline overlays are designed to help you find true trendlines, not the
final answer. Some possible trendline candidates may not match your ideal
shape, use your intuition to make the best trading decision.

Stock screeners based on trendline patterns include: Resistance (topline)
breakout, Support (bottom line) penetration, Channels (both top and bottom
line), Wedge (Consolidation pattern bounded by top and bottom lines), near
Support level, near Resistance level. The screening results are updated daily
and individual stock charts and automatic trendline drawing is done
instantaneously in real time.

For non-US tickers, append .TO for TSX, .AX for ASX, .HK for HKEX. Index
tickers start with ^

- Candlestick charting for all stocks traded in the US market (10000 symbols)
- Advanced chart pattern recognition engine to display trendlines overlay
- Stock screeners based on trendline patterns, updated daily
- Check out more advanced technical analysis tools at www.Screenulator.com!

Keywords: Stock charts, stock quotes, portfolio, Automated chart pattern
analysis, Trend line, stock trends, trendline, trendlines, automated trendline
detection, stock screener, stock screeners, trendline screeners, trendline
screener, trendline analysis, support line, resistance line, support and
resistance, chart pattern, chart patterns, technical analysis, trading
channel, wedge pattern, chart pattern screener, chart pattern screeners, chart
pattern screening.

Store rating

5

out of

1 reviews

Last update

March 11, 2013

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