Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
Yes, even on a Sunday during a 3-day weekend, the Slope of Hope keepsevolving and getting better.
One of my favorite features that we’ve added is Layered Charts, and there are two important new improvements I wanted to describe. The first one is a new button called Spread:
What this does is color in the area between the two lines which constitute a layered chart. I think you can see instantly why this would be useful, because you can quite plainly tell how big the spread is, which “direction” the spread presently is going, and whether it’s converging or diverging.
I am very pleased to tell you that, even in the midst of an insane traveling schedule, we are rolling out a much-improved Volume Profile study. Specifically, we have expanded the depth of data to include much more comprehensive history. You will now see a new dropdown in the parameters for this study which lets you choose how much volume data you want analyzed: from as little as the most recent trading day all the way to “All”, which constitutes about twenty months of intraday data (which is a lot of information).
From time to time, I’ll ask Slopers what features they’d like to see on the site. For years now, always near the top of the list, was the same thing: Volume Profile.
I resisted adding this, principally because of the challenges of finding a data source. Even the most ardent volume profile fans couldn’t articulate how to get the data. But I cracked that nut, and I’m delighted to say we’ve now integrated this into SlopeCharts. In a few days, this will be limited strictly to my beloved Gold and Platinum users, but for this initial rollout, I’m letting everyone try it so I can get feedback.
Volume Profile is accessed via the same Technical Indicators dialog box where all the other studies live. You have several controls: the ability to change the color of the volume profile, the opacity, and whether or not the profile is anchored to the left or right side of the screen.
Recently I stumbled upon a website which had one purpose and one purpose only: it showed a ranked list of the largest public companies, ordered by their market cap. It also shows a handy little 30-day chart, their latest price, and their latest price change. Remember, that’s the entire website. So, little old me decided we could do that, no problem, but instead of being the whole website, it’s just the 523rd thing that Slope does on top of the 522 other things.