BullCharts discussion: Parabolic trendlines

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Parabolic trendlines

Printed From: BullCharts Forum
Category: BullCharts
Forum Name: BullCharts discussion
Forum Discription: General discussion about getting started with BullCharts and exploring its features.
URL: http://www.bullcharts.com.au/forum/forum_posts.asp?TID=165
Printed Date: 27 Apr 2025 at 5:05am
Software Version: Web Wiz Forums 9.69 - http://www.webwizforums.com

Topic: Parabolic trendlines

Posted By: kneighbour
Subject: Parabolic trendlines
Date Posted: 08 Mar 2005 at 10:08am

I seem to have read somewhere that Bullcharts can claim to being one of the only programs in the world to be able to draw parabolic trendlines. Is this so?

I ask as my very last trade turned out to be just one of these things - I bought at the very top of the parabola - not knowing what was going on, and only by accident I looked at the larger picture and saw it.

I want to document this failed trade as it is a great learning experience. I tried to draw a parabolic trendline, but could not get it to come even close. Is there some trick to it?? Should I read the help?

BTW - the stock in question is KZL if you are interested in having a look.

Replies:

Posted By: Peter
Date Posted: 08 Mar 2005 at 3:13pm

I've made a Tip of the Week on http://www.bullcharts.com.au/forum/forum_posts.asp?TID=167 - parabolas for you.

Posted By: kneighbour
Date Posted: 08 Mar 2005 at 6:29pm

Originally posted by Peter

I've made a Tip of the Week on http://www.bullcharts.com.au/forum/forum_posts.asp?TID=167 - parabolas for you.

I noticed! And frankly, I still cannot get it to work. Well, I can draw the parabola ok - but it never seems to connect the points I want to connect. This is more a mathematical problem that a software one, I think. The points in question simply do not line on a nice clean parabola. It is a curve that rises geometrically, but that does not mean that it is parabolic.