Why create a new chart?

 

We created Smooth Chart Type to clean up the chaos you see on normal charts so you can enter and stay with market trends and see trend reversals as they happen in real time. As the last price moves above the bars, this is your signal to buy and then as long as each bar is green, stay with the move. 

This will give you the confidence you want when trading and wondering when and where to get in and out of the markets.

There are 5 CycleTrader Chart Types

 

  • Minutes
  • Volume
  • Renko
  • Tick
  • Daily

Customer Comment - 9-6-18 - P.S. I made $2900 yesterday and just made $950 already this morning using two different length smoothed NQ charts overlayed on each other..

John L. Day Trader

Compare CycleTrader Smooth Chart with regular candlesticks.

 
 

CycleTrader Smooth Chart ES Sp500 3 Minute

CycleTrader Smooth Chart NQ Sp500 3 Minute

Which chart would you rather trade?

Buy when the bar is green and sell when red. It helps you stay in for the big moves.

Keep in mind the markets will change direction 3 to 7 times a day.

Use this knowledge and trade with the turns.

I created the CycleTrader Smooth Chart Types because all developers, including myself for years, have been working to make sense of the normal chaos charts by developing indicators to show trends.

We resolved this mess with the Smooth Charts.

All the indicator’s data comes from the charts, and if the charts are up, down, sideways, then the indicators will be similar. But, if the charts are smooth, then your indicators will follow with the same patterns.

There are 5+ Different Modes Setting For Smooth Charts –

Mode 1 & 2

Mode 1 – All prices smoothed – OPEN, HIGH, LOW, LAST are averaged and plotted.

Mode 2 – Same as #1 above, but without Leg – (The Highs and Lows).

Note: Since the Last is also an average, the last price you see on the chart will be delayed.. But you will see a very smooth trend. I suggest to have another chart type handy to see current prices.

This chart type is excellent for catching longer term moves without getting scared out from the up and downs you normally see on the charts.

Mode 3 & 4

Mode 3 – We use the original open/close, then smoothed the High/Low –

Mode 4 – Same as #3 above, but without legs. – (The Highs and Lows)

This chart type will help you the smoothness, but it will show you the actual Open and Closes of each bar. When you use indicators that also use the High or Low, you will find them to be smoother on these moves as well.

Mode 5

Mode 5 – This is different… The OPEN will always be the Average Price on the chart and the Close will always be the actual close.

This is a nice looking and effective chart. We are showing a smooth open trend with a moving close trend. You won’t see opposite closes above or below the open with this chart.

Excellent for trading with SMA average without seeing all the messes on other charts.

From Mode 5 to unlimited Modes – We use Mode 1’s Model where we average the OPEN, HIGH, LOW, LAST, but we now give as much weight to the LAST price as you want to show.

Every Mode after mode 5  adds weight to current last price.

From Mode 6 to unlimited Modes – We now give as much weight to the LAST price as you want to show. Keep in mind the last price on modes 1 and 2 are just the average last price. But now, you can give as much weight to the close as you would want.
 

How does this work?

 
lets say you have a 7 min chart with a 12 SMA value and you put in 10 for the mode value.
 
It will go back 12 bars, average out the chart bars.
 
Any value past 5 is added to the chart equation for the actual close price…. meaning if you use 6, it will add 1 more current close value to the chart.
 
If you have a 12 SMA value, then it would add 1 more close and average out 13 bars JUST for the close value.
 
Meaning it adds in the value, then divides up the balance of the total.
 
Lets say you put in mode 10… this would take the average of all the 12 bars, then add in “5” of the current bar’s last value to the SUM of the previous 12 SMA Input… then divide the total by 17 (12+5 = 17) and this will be the current bar’s weighted close you see on the chart.

Why did I add “5” if the mode was 10?

It is because mode 10 is 5 count above 5. We use 5 as the starting point.
 

This is an excellent way to get the look and feel of mode #1, and as close to the current bar’s price as you can.

There is no limit to what higher mode above 5, you can go up to 20, 30, 100, etc.
 

Smooth Chart Type Video