The Stock Horizon System
Our server Horizon uses a proprietary algorithm that uses NO traditional price drawn indicators like moving averages, Bollinger Bands, RSI, MACD, and so on, to make it's predictions. Our algorithm calculates ZERO lag price points of support/resistance that affect price movement. For any stock, these price points stay fixed for the current day, plot the same on any time frame chart, AND are known before a single share is traded!
Awareness of these price points shines a light on popular market terms. Consolidating stocks become stocks stuck between two price points. Patterns such as double bottom/top, head & shoulders, cup & handle, flagging, and triangle are formed by price movement and interaction with these price points. And so on...
So what does Horizon do with price points?
Horizon monitors and detects stocks that can move 3%+ as well as meet other criteria and ranks them on their potential. Horizon alerts followers through a unique monitoring tool called Gazer. At days end, Horizon tweets the high of the day from the alert, representing the "best case" sale from an entry at the alert price.
What about other stocks?
Besides keeping an eye on Horizon for these alerts, Gazer has a built in tool where users can look up stocks of interest and find where their price points are for a given day.
Here is an example of our system utilizing Facebook (FB). Since it had only traded for seven days prior to the chart shown below, there was not enough data to generate traditional predictive movement indicators. Furthermore, high profile stocks such as Facebook are normally more difficult to "predict" movement. The chart shown below is Facebook's 5 minute chart price action on May 30th, 2012. The horizontal lines are the price points predicted by our system calculated before Facebook even opened. With that said, notice the way price bounced/moved around the price points. More importantly, notice how it put in a high for the day only $.03 below the top price point and a low of the day only $.02 above the bottom price point.
(Click picture to enlarge)