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.
I am pleased to announce my newest book, available presently only for Kindle readers: Joy of Charting. Unlike my printed books, which are typically like sixty dollars, this one is all of $2.99 (which is the lowest possible price Amazon even allows). For any of you the slightest bit interested in charting or SlopeCharts, please give it a read, since it costs less than a cup of coffee and hopefully will do you a lot more good in the long-term.
For your folks without a Kindle, a print book will be coming early next year, and I’ll certainly let you know about it here.
In celebration of finally getting some stability, I’m pleased to offer you this: perhaps people think the holiday season means the good people behind the Slope of Hope take it easy and relax. Wrong! We’ve got another SlopeCharts feature for you.
One of the most interesting—some might even say beautiful—studies now available in SlopeCharts is known as the Ribbon Study. This study is comprised of any number of moving averages of various periods. You can access it just like all the other technical studies: via the Technical Studies item in the Analysis menu. Click the Ribbon tab to see the parameters:
Here’s another example of “Sloper asks for something, Sloper gets something.” A fella wrote to me saying he really wanted to use 4 moving averages, but SlopeCharts only provided 3. So…..we now offer 5!
A few days ago, a Sloper – – a Gold member, in fact – – wrote to me about the Publish/Subscribe feature. He asked if, when he imported symbols from one of my published watchlists into his watchlists, whether or not he could also get the drawn objects I had applied on top of my charts. I told him no and said that was “for a lot of reasons.”
But after I sent the email and considered what the reasons would be……….I realized there weren’t any. In fact, the only “reason” was that the feature didn’t exist. Thus, as I always do, I set about to create it.
The initial part works like it always did. First, you subscribe to any watch lists that others have published:
Yesterday I did a post about the new Polygon Tool in SlopeCharts. We’ve also added a cool feature that requires a little explanation.
I created a lot of never-done-before innovations in charting with JavaCharts and ProphetCharts, many of which are industry standards today. One of them was the notion of providing extra space on the right side of the chart, so you could have the opportunity to peer into the future with price projections. I find the ability to look into the future (even without the benefit of price bars) to be crucial when drawing objects and trying to contemplate price projections.
I included feature this with SlopeCharts, but until today it was always a fixed amount of time. We’ve now given you the ability to “stretch” the x-axis to give yourself more of the future. You just point to the x-axis scale and drag the mouse to the right. The silent video below shows how this works.