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More Indicator Tips
Getting More
Signals from Ceequential and Kombo
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 Time Period
Ceequential and Kombo both mark 'price exhaustion' levels on charts of
any time period. Like many indicators, coincident signals on daily and
weekly charts, or weekly and monthly charts, for example, should
provide a good clue about the next directional move.
Here is an example of Kombo marking the same bottom on a daily and
weekly chart of HURC. This was indeed the end of HURC's death dive. An
easy way to do this with GRAFster6 is make a Chart Group consisting of
a daily, weekly and even a monthly chart so you can examine them side
by side with little effort.
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 Successive
Setups The chart on the left is an example of successive setups
in the
same direction where the Hi-Lo range of the 2nd setup is larger than
the Hi-Lo range of the 1st setup. In these situations consider keeping
the countdown count from the 1st setup in play.
GRAFster6 lets you choose between always restarting a countdown (a
'recycle') that is in
process when a new
setup is encountered, or continuing the prior countdown. If you decide
to always 'recycle', this setup pattern can still be exploited by
adding the countdown counts from the two successive setups until a 13
count is reached, as in the example. |
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 More Ceequential
The chart on the right shows an instance where the 13th countdown bar
is reached but the countdown has not been marked as
completed (no red arrow). GRAFster6 uses the Ceequential recipe that
requires the 13th
countdown bar High be >= the 8th countdown bar Close for a
sell signal. Similarly, in the case of a buy countdown, the 13th
countdown bar Low is supposed to be <= the 8th countdown bar
Close. This
requirement and it's variants is sometimes referred to as a 'perfected'
countdown.
You
may choose to ignore these 'qualifiers' and consider a countdown
complete when the 13th countdown bar is reached regardless of its
position with respect to the 8th countdown bar. The rules are not
engraved in stone! In this
case
doing so paid off. |
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 1-2-3 Top This
is
an example of a classic 1-2-3 Top pattern. Point #1 marks the
recent Minor High prior to the Highest High at Point #3. This is
confirmed as 'the High' when price falls thru the recent support
level marked
by point #2. This completed pattern suggests that a trend reversal has
taken place.
Incidentally, Ceequential and Kombo both marked a completed Top countdown near the High -
Point #3 - as well, giving an advance tip that buying is about finished.
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Last updated
1 May 2010
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