The Brightspark Swing Volume Tool A powerful visual Trading aid The Brightspark Swing Volume Tool A powerful visual Trading aid Techni filter Plus NEW!

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What is the Brightspark Swing Volume Tool (BSVT) ? A new look at volume – a visual tool for understanding how volume builds as a trend develops. Compare the BSVT and the Volume chart below The combination of price Swing and cumulative Volume depicts the importance of the legs of the trend. How much stock has been traded in this swing relative to previous swings?

More on the Brightspark Swing Volume Tool There are various trends operating in any issue at any one time, depending on the time frames being analysed. The Brightspark Swing Volume Tool (BSWV) combines both Trend swings and Cumulative volume to create an indicator that creates an easy to read visual chart that confirms the strength or weakness of the trend.

BSWV uses two Swings to collect Volume traded Minor and Major Swings based on significant move of an average price. Minor swings use a 5% move Major swings use 10%. move The Volume traded is cumulatively added for the swing

The BSWV Colours If the Swing is an upswing the volume is cumulatively added as the swing goes up and it is Coloured Green If the Swing is a Down swing the volume is cumulatively added as the swing goes down and it is coloured Red Major Swings are coloured in lighter shades

Comparing Standard Volume to BSWV The BSWV chart shows the cumulative volume traded in a particular swing. In a simplistic way it shows the strength / weakness of a particular trend swing by the accumulation or distribution of stocks traded The larger the volume traded the larger the build up in the swing

Major and Minor Price Swings 10% Black Major Swing 5% Red Minor Swing How Weak or Strong is each Swing?

Cumulative Volume of Shares traded per Swing Major Swings with Cumulative Volume

Cumulative Volume of Shares traded per Swing Major Swings with Cumulative Volume Note the build up of volume as the price swing goes up Compare this to the regular volume chart

Putting it all together The major accumulation Upleg, gives cover to the minor Upswings with multiple signals of increased participation Major UP Minor UP Minor Down

Potential Uses/Signals A B Accumulation/ Distribution Minor Up Minor Down Major UP Major Down Minor Swings Down Minor Swings Up Minor Accumulation Upleg exceeds the previous down leg Disribution (A and B)

Potential Uses/Signals A B Minor Swings Accumulation/ Distribution Minor Up Minor Down Major UP Major Down Major Accumulation Up and the Minor Accumulationn starts a new up leg

Major Swing Up Minor Swing Reverses UP Accumulation/ Distribution Minor Up Minor Down Major UP Major Down

Major Swing Down Minor Swing Reverses Down Accumulation/ Distribution Minor Up Minor Down Major UP Major Down Major UP Minor UP Minor Down Major Down

Accumulation Swing Exceeds previous Distribution and breakout through Resistance Accumulation/ Distribution Minor Up Minor Down Major UP Major Down

Distribution Swing Exceeds previous Accumulation and Fall through Support

Combining with other Signals E.g Accumulation

Combining with other Signals -Smiroc

Weekly and Daily Views

A super easy to use Visual Trading Tool The Swing Volume Tool is now available! It includes: Filter Report for Market Scanning, Formulas for customising Chart Templates 30 plus page PDF Manual Powerpoint Presentation

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