ACP Plug Ins

JJJJ

I have just started looking at the plug ins associated with the ACP platform. They range from free plug ins to to a Larry Williams package for $595. I am trying to determine if the $595 is really a good value investment. I have 2 questions related to these plug ins:

1) Are these truley novel and effective or are they just another form of looking at existing parameters ?
2) Where can I find a detailed interpretation of these indicators, as usually found in Chart School ?

Thanks

lmkwin

IN the ACP plugins, if you go to the Larry Williams Plug in Learn More

Scroll down to the Click Here for more info.....

lmkwin

others may not have a link for more info (like Larry Williams does) but do have a video to explain what they are and how to use them.

markd

Looking at the chart illustrations for the package on Stockcharts, it looks to me like these indicators have the same shortcomings as other indicators for market timing. Any indicator works well with some markets and some stocks and not so well with others. Most indicators work great in a "normal" trend, and fall apart in a range market or a spiky market. This is because most indicators have a fixed look back period, and are optimized for "normal" price behavior over that period. But stocks don't behave that way all the time, so you will get zapped now and then if you rely on indicators for timing. Once you are in a position, there really doesn't seem to be any alternative to interpreting price and volume bar by bar, having identified likely support and resistance levels and trend lines. Unfortunately, that is a steep learning curve. All that said, indicators (and overlays) are a terrific way to find stocks in specific situations (i.e. scanning for overbought, oversold, trending), but not so good for timing.

lmkwin

The bad part about ACP plug ins is that you have to use them on ACP.

Larry Williams's analysis was featured on Cramer the other night. A couple of his forecasting tools that Cramer talked about where the 70 weeks ago Oil chart and the 110 weeks ago yield curve, or vice versa. I could have the time periods backwards. The overlay of those charts to the current markets was presented. Mid October should be the next buying opportunity according the the charts. And looking at the current charts, I can't say I disagree.

lmkwin

....my bad, not yield curve, I think it was the 10 year treasury chart

azb

I will sell you my Moving Average Crossover plug-in for $395 ...

lmkwin

Many of the "new" ACP indicators have been added to the ChartSchool. You can click through to learn more.

https://school.stockcharts.com/doku.php?id=technical_indicators

lmkwin

I mentioned that Larry Williams analysis indicators were discussed on Cramer a while back. I was playing around with the Larry Williams Oil "forecast" with shifting the information from 70 weeks ago to the current period on the "market". Top panel is the shifted 1 period EMA from 70 weeks prior. Lower panel is the SPX current chart. Interesting.

lmkwin

Just an FYI for all you GNG fence sitters. Price is going up soon. Plug-ins are indicators for use on your charts, on ACP. There are several of the Plug-in indicators that are available to use as an Advanced Scan/ Alert filter, but to see them on a chart, you have to have the Plug-in installed on your StockCharts.com account and use ACP.

GoNoGo Charts for StockCharts Price Change July 1

The GoNoGo Charts Plug-In for StockCharts includes the entire GoNoGo indicator suite, and allows StockCharts users to take advantage of our powerful toolset in their own analysis.

Right now, you can take advantage of a special one-time purchase price of only $399 to get GoNoGo Charts for StockCharts. That means with just one payment, you'll have access to one of the most valuable market analysis tools you'll ever use.

But you need to act quickly...

Starting July 1, the GoNoGo Charts Plug-In price is going up to $499 per year.
­
­
There's still time to get GoNoGo Charts at lower price