

If you are one who likes to draw trendlines on your price charts to assist in determining possible support and resistance price levels, you obviously know the value of trendlines. When drawing trendlines, however, you often have to estimate what the price is at any point along that line since it is easy to be off the mark. Trendlines are basically slope calculations of a graphical nature. The NumTrend v2.2 calculator is a slope calculator of a numeric nature.
By using NumTrend v2.2 with your price charts, you can get the PRECISE value at any given point along that trendline. This is extremely useful for determining the price when looking for possible breakouts or to determine where you may wish to place your protective stops.
The reason I created this simple calculator is because I often wanted to know what the exact price would be at a certain point on the trendline. Before creating this program, I would either approximate it or use my hand held calculator, a tedious exercise I assure you. Now that I have created this program, it is a snap to get the exact price points. I'm now making it available to the public for a very minuscule fee.
Included
as part of the NumTrend program is a program called PIVOTS. The formula
within Pivots is the same as used by many floor traders to get an estimate
of where the next day's highs and lows will likely be. It is included
FREE as part of the NumTrend program. On the menu of NumTrend, select
Pivots to run. Enter today's High, Low and Close to get tomorrow's estimated
support/resistance values.