did Spiraltrader come from?
is a creation by me, Eric, a software programmer from Houston,
TX USA. In 2002, I was writing a little program for drawing fibonacci spirals
on stock charts and stumbled on to an similar algorithm which uncovered patterns that show
support/resistance with amazing accuracy. After testing this
for a couple of years I have narrowed down the best way to use
these patterns, which you will see in the strategies I've
|Why use spirals? There are plenty of other technical tools out there.
True there are plenty of
tools out there, you should try as much of them as you can.
Eventually you'll realize that you simply can't
predict the market consistently. The reason
why spiraltrader works is because of the reverse psychology
I use in the strategies. Here is the rational,
- If trading is random
there would be absolutely no patterns in the charts
which could be usable in anyway.
- The fact that
spiraltrader spirals show support/resistance in the data
told me something else besides supply/demand is going on.
- So instead of trying
to predict the market, spiraltrader strategies react to
the patterns that have already occurred due to some
unknown phenomena (???).
My strategies help you
understand what the lowest risk situation is for buying or
shorting stocks. You can find hundreds of charts on this
website from my analysis of stocks, indexes, commodities,
bonds, and the US dollar. I have also programmed a trading
simulator which helps re-live 2005 for many indexes and
stocks and see all of the patterns which formed on the charts.
is no longer free?
started out as a research project which was pretty
successful. I had kept it free because there is no
overhead costs to maintain. Unfortunately, time has become
limited for me to support a free product, so to limit the
usage to serious traders, I have decided to charge a license
your spirals be used on any market?
Again, it was amazing for
me to see that my spirals work on any exchange, any country
for stocks and especially well for commodities and forex. (I
have even analyzed daily charts for the dow from over 50 years
ago and it works on them too!)
|Where can I find more information on Spirals?
You can find out information on fibonacci spirals, but not
my spirals, or my strategies, these are all home grown.
SpiralTrader.com does not guarantee the performance of any stock
referenced on this website.
.The featured stock content is not an offer to sell any securities
and it is not soliciting an offer to buy any securities
or conduct investment business. Information provided is for
reference purposes only and SpiralTrader.com, is not,
and does not represent itself to be offering or recommending
any securities to be bought or sold.. It should not be
regarded as a recommendation that any investment is suitable
for a particular investor.
We are not brokers or stock advisors.
spiraltrader.com 2005, All rights reserved