The BrightsparkThe BrightsparkSwing Volume Tool Swing Volume Tool

A powerful A powerful visualvisual Trading Trading aidaid

The BrightsparkThe BrightsparkSwing Volume Tool Swing Volume Tool

A powerful A powerful visualvisual Trading Trading aidaid

TechniTechnifilterfilter PlusPlus

www.technifilter.comwww.technifilter.com

NEW!NEW!

Disclaimer• Technifilter Plus does not take into account the Investment Objectives,

financial situation and particular needs of any particular person and before making an investment decision on the basis of Technifilter Plus, a prospective investor needs to consider, with or without the assistance of a Securities Advisor, whether the advice is appropriate in light of the particular investment needs, objectives and financial circumstances of the prospective investor.

The information contained herein is not suitable to be acted upon as investment advice;and(b) it is advisable to obtain investment advice before making any investment decisions relying on the information provided.No part of Technifilter Plus or its Manuals and Tutorials contains trading advice - stated or implied. Technifilter Plus, or its Manuals and Tutorials are not an invitation to trade.

• The directors and associates of Brightspark are not Securities Advisors  or Investment advisors.Traders requiring trading or investment advice should contact a licenced advisor. Stockbrokers are licenced Securities advisors.

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 belowThe 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% moveMajor 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 Swing5% Red Minor Swing

How Weak or Strong is each Swing?

Cumulative Volume of Shares traded per

Swing

Major Swingswith Cumulative Volume

Cumulative Volume of Shares traded per

SwingMajor Swingswith Cumulative VolumeNote the build up of volume as the price swing goes upCompare 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

AB

Accumulation/DistributionMinor UpMinor DownMajor UPMajor Down

Minor Swings DownMinor Swings Up

Minor Accumulation Upleg exceeds the previous down leg Disribution (A and B)

Potential Uses/Signals

AB

Minor SwingsMinor Swings

Accumulation/DistributionMinor UpMinor DownMajor UPMajor Down

Major Accumulation Up and the Minor Accumulationn starts a new up leg

Major Swing UpMinor Swing Reverses

UP

Accumulation/DistributionMinor UpMinor DownMajor UPMajor Down

Major Swing DownMinor Swing Reverses

Down

Accumulation/DistributionMinor UpMinor DownMajor UPMajor Down

Major UPMinor UP

Minor Down

Major Down

Accumulation Swing Exceeds previous Distribution and

breakout through Resistance

Accumulation/DistributionMinor UpMinor DownMajor UPMajor Down

Distribution Swing Exceeds previous Accumulation and

Fall through Support

Combining with other Signals E.g. 123

33

22

11

Accumulation

Combining with other Signals -Smiroc

Weekly and Daily Views

A super easy to useVisual 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

The End

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