NEW!

The Brightspark Swing Volume Tool A powerful visual Trading aid

Technifilter Plus www.technifilter.com

Disclaimer
Technifilter Plus does not take into account the Investment Objectives, financial situation and particular needs of any particular person and before making an investment decision on the basis of Technifilter Plus, a prospective investor needs to consider, with or without the assistance of a Securities Advisor, whether the advice is appropriate in light of the particular investment needs, objectives and financial circumstances of the prospective investor. The information contained herein is not suitable to be acted upon as investment advice; and (b) it is advisable to obtain investment advice before making any investment decisions relying on the information provided. No part of Technifilter Plus or its Manuals and Tutorials contains trading advice stated or implied. Technifilter Plus, or its Manuals and Tutorials are not an invitation to trade. The directors and associates of Brightspark are not Securities Advisors or Investment advisors. Traders requiring trading or investment advice should contact a licenced advisor. Stockbrokers are licenced Securities advisors. Australian Financial Services Licence 258532

What is the Brightspark Swing Volume Tool (BSVT)?

A new look at volume a visual tool for understanding how volume builds as a trend develops. Compare the BSVT and the Volume chart below The combination of price Swing and cumulative Volume, emphasizes the importance of volume build up, as the trend develops. The Standard volume chart is not as clear

Volume BSVT

Compare the volume of stock traded in a swing relative to the previous swing?

the Brightspark Swing Volume Tool

There are various trends operating in any issue at any one time, depending on the time frames being analysed. The Brightspark Swing Volume Tool (BSWV) combines both Trend swings and Cumulative volume to create an indicator that creates an easy to read visual chart that confirms the strength or weakness of the trend.

BSVT Sample Chart 1

New Minor Up Upswing - change from Dark Red to dark Green while the major Swing is Up (light Green) This pattern can be located using the Included Filter: 2. MajUp & RevUpD (DailyChart) and 6. MajUp & RevUpD (WeeklyChart)

BSWV uses two Swings to collect Volume traded

Minor and Major Swings based on significant move of an average price. Minor swings use a 5% move Major swings use 10%. move The Volume traded is cumulatively added for the swing

The BSWV Colours

If the Swing is an upswing the volume is cumulatively added as the swing goes up and it is Coloured Green If the Swing is a Down swing the volume is cumulatively added as the swing goes down and it is coloured Red Major Swings are coloured in lighter shades

BSVT Sample Chart 2

Green Minor Up Upswing crosses above previous Minor Down Swing Dark Red This pattern can be located using the Included Filter: 1. UpCrossD (Daily Charts) or 5. UpCrossW (weekly Charts)

Comparing Standard Volume to BSWV

The BSWV chart shows the cumulative volume traded in a particular swing. In a simplistic way it shows the strength / weakness of a particular trend swing by the accumulation or distribution of stocks traded
The larger the volume traded the larger the build up in the swing

Major and Minor Price Swings

10% Black Major Swing 5% Red Minor Swing

How Weak or Strong is each Swing?

Cumulative Volume of Shares traded per Swing

Major Swings with Cumulative Volume

Major Swings with Cumulative Volume Note the build up of volume as the price swing goes up Compare this to the regular volume chart

Cumulative Volume of Shares traded per Swing

Putting it all together

The major accumulation Up-leg, gives cover to the minor Upswings with multiple re-entry patterns (Green Arrows)

Major UP Minor Down

Minor UP

Potential Uses/Signals
Minor Swings Down Minor Swings Up

Accumulation/ Distribution Minor Up Minor Down Major UP Major Down

Minor Accumulation Upleg exceeds the previous down leg Disribution (A and B)

Potential Uses/Signals

Minor Swings Minor Swings Accumulation/ Distribution Minor Up Minor Down Major UP Major Down

Major Accumulation Up and the Minor Accumulationn starts a new up leg

BSVT Sample Chart 3

New Minor Down swing - change from Dark Green to dark Red while the major Swing is Down (light Red) This pattern can be located using the Included Filter: 11. MajDn & RevDnD (DailyChart) and 16. MajDn & DRevDn (Weekly Charts)

Major Swing Up Minor Swing Reverses UP

Accumulation/ Distribution Minor Up Minor Down Major UP Major Down

Major Swing Down Minor Swing Reverses Down

Accumulation/ Distribution Minor Up Minor Down Major UP Major Down

Major UP

Minor UP

Major Down Minor Down

Accumulation Swing Exceeds previous Distribution and breakout through Resistance

Accumulation/ Distribution Minor Up Minor Down Major UP Major Down

Distribution Swing Exceeds previous Accumulation and Fall through Support

Combining with other Signals E.g. 123

2 3 1

Accumulation

Combining with other Signals -Smiroc

Weekly and Daily Views

A super easy to use Trading Tool

The Swing Volume Tool is now available! It includes: Filter Report for Market Scanning, Formulas for customising Chart Templates 30 plus page PDF Manual Powerpoint Presentation

Cost
Introductory Price $120.00 - Technifilter/Gempro Users $220.00 - Technifilter Users only Call today to place your order

The End
Benzie Pikoos

Technifilter Plus www.technifilter.com