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Intelligent Charts

The main display area of the chart has several components:

Intelligent Support/Resistance Finder - The blue lines going across the chart show support and resistance lines. If the line is above the current price, then that line is considered over-head resistance (where sellers come in). If the line is below the current price, then it represents support (where buyers come in).

The darker and thicker the line, the more significance. A faint blue line represents minor significance.

Standard Deviation Bands -- These bands are useful when visualizing charts. They are also known as Bollinger bands. They tend to contract when volatility is low (sideways trends), and expand when volatility is high (which often happens during a trending market).

Buy/Sell Signals - A software model shows buy and sell signals from over-sold  and over-bought levels. The signals do not take into consideration support and resistance levels, but they can be a useful tool when combined with the Stretch Indicator.

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