Smart Charting Tools in Timing Solution
Smart Charting Tools in Timing Solution
Smart Charting Tools in Timing Solution
As any technical analysis program, Timing Solution provides you a big collection of charting tools. You will
find there Fibonacci retracements, Andrews pitchfork and its different variation, trend lines, support/resistance
lines, Fibonacci ellipses, Gann fans and many others; all these standard tools are available in Timing Solution:
And there is something else that makes a difference between Timing Solution and other programs with
charting tools. Our "know how" are new smart charting tools. You do not just draw a pitchfork or some other
charting tool together with the price chart - this can be done with any technical analysis software. Timing
Solution does much more: it analyses available price history and adjusts the charting tools accordingly. Also,
there is another category of charting tools - astronomical/astrological charting tools. These charting tools are
based on different principles than standard math applications; they use astronomy's rules. Some of them are just
the continuation of traditional charting tools. The difference comes mostly from a special way of dealing with
the Time. Time is measured here in degrees of the angle separation between two planets or in degrees of
the planetary position of any single planet. Mostly, we measure the time using the atomic clocks. But we
could do it with other things- like using trade days (instead of calendar days) or price bars. Or we could use the
Moon phases or Venus phases. What time measurement is more appropriate? It depends on the task we deal
with. If we analyze some physical, chemical, or other similar process - no doubt, the time measured by the
ceasium-133 atoms oscillations is more suitable. However, for the processes where human activity is involved -
like the stock market - I do not know how appropriate atomic clocks are. Thus, we apply different time
measurements for different tools. As an example, in "Equidistant lines" charting tool we measure time in DAYS
(calendar or trade days), while for "Planetary equidistant lines" we measure time in planetary angles. The good
part about astro based charting tools is that you do not need to have some special knowledge. Timing Solution
has it for you. While you drag the mouse through the screen, the program performs very complicated
astronomical calculations and immediately updates astronomical patterns on the screen. All this job is
performed by the program fantastically fast. Now, look at these examples.Suppose you have guessed that within
last five months 25-trading days cycle dominates. And you plan to use it in your trading. How to do that?
Normally, you would do it applying some standard math program. Definitely it would take some time and
requires some special knowledge from your part. With Timing Solution, this is just several seconds of your
time, and no special knowledge. You choose "Fourier harmonics" charting tool, set 25 trading days cycle there
and simply drag the mouse covering five months interval. The program automatically adjusts 25- trading days
cycle for covered price history:
If you want to take into account seven months instead of five, you simply drag the active anchor covering
additional two months. If you want take into account more harmonics, just point the amount of harmonics - and
the program updates your chart immediately. You can take into account as many cycles as you want. Here you
can see superposition of 25 and 31.5 trading days cycles with four harmonics:
And you are not required to understand all complicated math behind Fourier analysis; what you are required is
just drag the mouse cursor. Another kind of charting tools allows to search similarities in price patterns.
Suppose you have decided that the current price chart (June, 2009) resembles the price chart January 2003. Is it
true or not? With Timing Solution you can check this statement quickly. Use "Price chart slice" charting tool;
it overlays the price chart January 2003 on top of your current price chart. You simply use your mouse dragging
this piece of the price chart:
Going further, you can display together the same price chart one, two, three ... years ago, revealing Annual
pattern:
Here you can see the current chart together with the price chart (2009) for years 2008, 2007, 2006, 2005 and
2004.
or you may apply more advanced astronomical cycles - like displaying the piece of price charts for the moments
when the phase of Mercury has been exactly the same as it is now:
As you see all these charting tools are suitable for forecasting, because they are able to analyze past price
history and apply this knowledge to the current situation.There is one more (new) charting tool that is very
popular - "planetary equidistant lines". On the picture below vertical stripes correspond to the moments of the
angle change between Jupiter and Uranus heliocentric on 4 degrees 30 minutes:
In other words these stripes mark increments of the angle between Jupiter and Uranus heliocentric on 4 degrees
30 minutes. Users use this charting tool to reveal astronomy based patterns and locate turning points.This article
is a description of all charting tools available in Timing Solution. They are are divided on standard, advanced
and astro based charting tools.
Here you will find the general rules of using any charting tools with Timing Solution. This topic concerns
mostly interface issues. So if you read this article for general overview, you may skip this topic (click
here). All charting tools are situated on the left side of the Main window - because they are tools that are not
statistically verifiable. Let us draw one of them, Andrews pitchfork. Follow these steps (they are pretty much
the same for all charting tools):
For this particular tool, three mouse clicks define its anchor points (the anchor points are marked by yellow
bars):
For any other charting tool, the appropriate instruction defines its anchor points.
"Snap" mode
If "Snap" button is pressed, the program automatically sets the anchors on the nearest highest high or lowest
low:
Active anchors
Pay attention to these small yellow bars; they are "active anchors":
Setting the mouse cursor on some of the anchors and clicking LEFT or RIGHT mouse button, you can MOVE
THESE ANCHORS or MODIFY PARAMETERS for any charting tool related to these anchors.
In the example above, we moved one point only. However, it might be necessary sometimes to move the whole
figure, i.e. moving all points A, B and C.
In order to do that, do the same as above while moving the point A, keeping the Shift button on your keyboard
pushed. Thus you can move the whole figure:
Setting options for a charting element
Any charting tool can be modified. See how to modify our pitchfork:
The Andrews pitchfork requires three anchor points. Some charting elements require two anchor points only.
For example, to draw Fibonacci grids simply drag the mouse from one anchor point to the other one's (1) press
the left mouse button at the point A; 2) drag the mouse cursor from point A to point B keeping the left mouse
pressed; 3) release left mouse button)
As with the pitchfork, using the RIGHT mouse button, click on any yellow anchor bar to modify your
Fibonacci grid (colors, price/time grids, marks):
In "Retracements" tab you can add new retracement line and set the color and width for any of these lines:
Remember: when you do all these changes, the program immediately updates the charting tool in the Main
screen, so you can easily see how these changes affect the charting tool.The tab “AZ” (active zones) allows to
mark not just lines but the whole zones. Like here the zones 50%-60% are marked by yellows stripes:
"Default" setting
Clicking "Default" button saves chosen parameters for the charting tool "as default":
It means that next time when you would like to draw a pitchfork (as an example), previously chosen color,
width, retracements will be applied.
Clicking this button, you can use the charting tool without displaying the option window; it saves one mouse
click.
Here you can save or download charting elements, delete them, make a copy of any charting element,
lock/unlock them.
Here you can enable/disable retracement lines and set the colors for these lines.
e) The main idea of this window is an ability to set all necessary options for Fibonacci grid. As an
example, for each retracement line you can point % only, or price (or data for time retracement
lines), or both. All these options are available here:
The “prolong” option allows prolonging these lines in different ways. Try to change this option, and you will
see how the Fibonacci grid will change:
The tab “AZ” (active zones) allows to mark not just lines but the whole zones. Like here the zones 50%-60%
are marked by yellows stripes:
If you want to use these option “as default”, i.e. when you next time will work with the Fibonacci grid and use
If you draw the charting figure that consists of 3 anchor points (techniques like pitchfork, channel, 128
technique), you need to perform 3 mouse clicks. For example, choose the pitchfork figure and draw it by
clicking on points A, B and C:
Channel:
Some charting figures are pretty complicated. For example, clicking “Wave” button choose the “4 wings
wave”. Here you need to set five anchor points (they are shown in the picture below). The program will draw
the wave based on chosen anchor points and then prolong it into the future (and to the past).
Thus you can provide the wave analysis. Also, there is one very interesting feature in this module: you can drag
any anchor point and move it watching how this wave pattern fits the real price chart.
You may define how far should this wave be prolonged to the past/future. Do it here:
Thus, while choosing different waves your charting may look like this:
Clicking button, you will get the list of created charting elements:
You can delete any of these elements or re-define their properties ( button).Also, all operations with
charting elements can be performed in the Main window.These are standard operations:
Suppose you want to modify the pitchfork chart moving the A point to the bottom:
It is very easy to do. Just move the mouse cursor to A point, press left mouse button, then drag the mouse
(keeping the left mouse button pressed) to the desired position and release the mouse.
IMPORTANT: while editing the charting elements, this button must be pushed:
This is the amount of nearest bars used to identify high/low. Also, there are other useful options:
- Display hints – they are shown in the bottom of the screen. You can disable this feature as well.
Trend line. This is the simplest charting tool. It connects two points of the price chart:
The only parameters to vary here are: color/thickness of this line and the type of prolongation of this line.
Channel. To draw this charting tool, you need to make three mouse clicks. First two clicks define the
basis line, and the third click defines the channel line:
Parallel lines. Three mouse clicks - and you can draw the bunch of parallel lines like this:
This option allows to display advanced support resistance lines, like pivot point, equilibrium point. More about
this module is here: http://www.timingsolution.com/TS/Uphistory/supp_resist/index.htm
Waves
Fourier string
Suppose you touch the guitar string, and it starts vibrating. How many different sounds do you hear?
First of all, you hear the main vibration of the string; on the picture above this is the upper vibration involving
the whole string length. Besides, you hear the vibration of the half of the string length; it is the next "octave" of
the main sound. Also you hear 1/3, 1/4 .. length vibrations. These "additions" to the main sound are called
overtones. Some overtones sound loudly while others are very quiet; it is the reason why every musical
instrument makes its own unique sound.This fact inspired Jean Baptist Fourier to develop Fourier analysis
which considers all processes in our Universe as a variation of some string vibration. We can use the charting
tool that is nothing else but the application of this idea to the stock market. Follow these steps:
2) The following is very important, pay enough attention to it. You need to choose a string. As an example, I
analyze S&P500. I choose the string that starts at March 14, 2007 (bottom) and continues up to the beginning of
March 2008:
Drag the mouse connecting these two points. Thus you tell the program the length of the analyzing string. It is
the only thing that you have to do. Then you will see how the stock market plays this string.The most
fascinating feature of this drawing tool is that you can see immediately how "sounds" this string touched by
S&P500:
While you drag the mouse, the program performs a huge amount of calculations: it does Fourier analysis and
displays the projection line based on this analysis. If you try any other software package to perform the Fourier
analysis, you have to click some buttons, define parameters, etc - every time when you would like to do Fourier
analysis. Here your dragging the mouse from one edge of the string to another makes the program to perform
this procedure hundred times. With Timing Solution Advanced, you can "touch" these cycles literally by your
hand.Now some recommendations:
a) the most important thing is to find the appropriate string (i.e. the time interval). Be ready that sometimes it
might be impossible: the stock market might start playing a totally new song that has not been played
previously.
b) to enrich your projection line, you may increase the amount of overtones:
c) for the data with a strong trend component (like it is in our example) I recommend to vary "Target" option:
Here I set RSI as a target, thus the sound of our string is generated by RSI (which is not a trend indicator;
therefore we avoid the trend effect).
d) while drawing the string, try to cover turning points outside the string (points A, B, and C in our example):
In the example below I have downloaded Dow monthly for the last 100 years. Set the triangle waveform; as a
target set the oscillator with the period of 50 months, let the amount of overtones be 4:
The most used options here are the string length (a basic cycle) and the amount of overtones.
Harmonic string
Let's continue our musical analogy. Suppose you know that during last three months two cycles are dominating,
25 and 31.5 trading days. In other words, stock market plays two sounds now: 25 and 31.5 trading days sounds.
You can consider it as a musical instrument with two strings. In comparison to Fourier string charting tool, the
lengths of these strings are fixed, we do not change the basic sounds. This charting tool allows to visualize how
the music of this two strings' (or any) instrument sounds for any market. Or, in other words, this charting tool
allows to see several fixed cycles' effect.With Timing Solution you can do it in a few seconds. Because you use
trading days (not calendar days), set BAR scale here (this is especially important for intraday data):
Choose "Harmonic string" charting tool and drag the mouse cursor covering last 3 months of the price history:
In charting tools parameter:
2) click OK :
Try to vary the position of the active anchor covering 6 months, 1 year ... of the price history and watch how the
projection line (sorry - music played by two strings) is changing. Here 6 months of the price history are
covered:
The projection line has been changed. The music made by these two strings depends on covered price history,
the minor tune from a longer perspective can be converted into major tune for a shorter period.As you see the
"Fourier string" and "Harmonic string" charting tools provide a forecast for the future, the projection lines are
prolonged beyond the last price bar.Here are recommendations regarding the usage of this module:
a) use Spectral analysis ("Spectrum" button) to reveal dominant cycles. Here you can see how 25 and 31.5
dominant cycle are revealed (do not forget set "Price Bar" metrics in the Spectrum module):
b) vary the covered interval and watch how the projection line is changing;
c) you can enrich the projection line increasing the amount of overtones:
This charting tool allows to find the periods in the price history with similar price charts.
It covers a popular idea of periodicity and similarities in the economic life. You often hear something like this:
look at the Dow price chart in 1908 and at the Dow now (2008); there are some analogies, - and then the
conclusion comes. With this new tool, you are able to check these ideas quickly; and any time you can display
different pieces of the price chart.In comparison to the two charting tools described above, this one requires
some manipulations provided by you. You have to do four mouse clicks and some scrolling. Let us do them
together.Your first step is to define the financial instrument and the time interval to find similarities for. Let it
be S&P500 from January 20, 2008 till March 7, 2008.So your first mouse click is around January 20, 2008 to
set the beginning of the analyzed piece of the price chart. The second mouse click defines the end of this
interval:
The second time scale appears on your screen. It is tied to the analyzed price chart (the portion you would like
to find the analogies for). Now you are ready to search for the most similar patterns in the past. If you move the
mouse cursor in any direction, the piece of the price chart corresponding to the beginning of 2008 moves
accordingly.For your convenience, you can see two diagrams on the screen: a red one that shows the chosen
piece of the price chart and a gray one which is the analog price chart. Thus you can visually compare these
two charts:
It may take some time while you find the similar slices; sometimes you may find none. Or you go directly to the
period that somebody claims as an analog to your analyzed piece of the price chart, - and you will see
yourself. For our example, finally I have found this pattern in May, 2006:
Make two mouse clicks to finalize your work (the third click is on the end of a similar price chart slice, and the
fourth click is for vertical adjustment of the pattern; move the similar slice vertically a bit till a maximum fit
with your original pattern):
Thus these two charts give you some clues regarding possible movement of S&P500 in March 2008 in respect
to that analogy in May 2006:As for any charting tool in Timing Solution, you can vary its parameters like the
color of the price chart diagram and enabling/disabling the time scale.
On March 10, 2008 the Moon was passing the Zodiacal sign of Aries. You know how chaotic the stock market
has been then. Let us try to find some regular pattern even at that crazy time. The technique described below
helps to find some "anchor" in time, some track of history pattern repetition. You can treat it as the anchor to
other dimension. It is the answer to the question what has happened to the stock market when the Moon passed
the sign of Aries a month ago, two moths ago, etc. and how we can use that information.With Timing Solution
Advanced, it is very easy to do. Highlight "Planetary adjusted price chart slice" item and drag the mouse
starting from March 10,2008 to several weeks ahead:
You will get three pieces of price charts; each of them starts at the moment when the Moon enters Aries:the
first one (the red graph) corresponds to February 11, 2008 - the closest to March 2008 day when the Moon
passes Aries;another one sends us to January 15, 2008; and the last one (the blue chart) corresponds to
December 19,2007.Thus we can see three pieces of the same price chart that show us what has happened after
the Moon entered Aries.With this technique, you may find the planetary pattern that repeats itself. Pay attention
to the zones where several charts point at the same direction. I highlighted the zone where two price charts
show the upward movement:
Now look in the Options for this charting tool:
Here you can vary the amount of price slices to be displayed, the planetary combination and a kind of
presentation of these charts.You can display them in one box. For example, setting the Sun-Sun combination, I
can easily display the recent Annual cycles:
Scaling
45 degrees scale
Suppose you need to draw the ideal Gann Square, i.e. Gann Square that has exact equal length and height on
your monitor.In order to do that, choose this option in "Charting Panel" window => "AutoScale" tab =>"45 deg
scale" item:
Now you simply drag the mouse cursor from the point A to the point B defining the length of Gann Square.
While you move the mouse cursor, the program sets the position of the anchor C automatically to complete the
ideal box (length equal height):
Pay attention: if the mouse cursor is located higher than the anchor A, the program draws a "positive" square:
if the mouse cursor is lower than the anchor A - it draws a "negative" square:
Pay attention what kind of metric - Time or Bar - is set in the Main screen. If Time metric is chosen:
the program uses CALENDAR days. Otherwise choosing BAR metric you get Gann Square with 7 trading
days equal to $100. This is especially important if you work with intraday data, for intraday this scale
corresponds 7 bars=$100 (though this particular scale is too high for intraday; it may be for Brazil Bovespa).
Astro scale
This is the most interesting scale. Suppose you need to draw astro based Gann Square.
To calculate the length of our square we use traveling path of some planet. Suppose it will be the Sun's
traveling path of 100 degrees; we define the vertical size of our square as 1 degree = $15.
In order to draw this charting tool, choose "Astro scale" item, define the scale there and do not forget to click
OK button.
Now you can draw the Gann Square in a regular way. The program calculates the height of our square
automatically while you draw it:
Remember: while you move the mouse cursor, the program points at the traveling path for the chosen planet in
the left top part of the Main screen:
Example
With these different types of scale, you can easily solve the tasks like this one described below.
Let us draw Gann Square charting tool with these features:
We do it this way:
- set Astro AutoScale as it is shown on this picture (it is in the right corner);
- drag the mouse starting from March 6, 2009 and watch the increments of Jupiter travel path as in this picture
(left top corner), drag it till 30 degrees
Advanced version of Timing Solution is designed for existing users of Timing Solution software. You have
bought it; it means that you know how to work with major modules of Timing Solution, you are able to create
your own models and used to get the projection lines. Here you will find some new features such as new
charting tool, a new module "Price Pattern Finder", a new block of events in the Model Editor (ULE). You
already know what Timing Solution is and how our team works. So be sure that there will be new
upgrades/updates/betas - the future development of the program will be now under Timing Solution Advanced.
It is a new stage for you and for TS team as we will focus mostly on trading techniques.
Charting tools module has appeared almost two years ago. Actually I was not happy adding that module -
because charting tools were aside of the main stream of Timing Solution idea to forecast market's future
movement. Plus I could not find the way to verify them. Advanced charting tools provide you something totally
different. They are not only drawing tools able to show something over the price chart, they are something
different. They are part of the program that uses the power of your computer to analyze the price history, so
they can be adjusted accordingly. These are smart charting tools. Let us look at them.
Suppose you touch the guitar string, and it starts vibrating. How many different sounds do you hear?
First of all, you will hear the main vibration of the string; on the picture above this is the upper vibration
involving the whole string length. Besides, you will hear the vibration of the half of the string length; it is the
next "octave" of the main sound. Also you will hear 1/3, 1/4 .. length vibrations. These "additions" to the main
sound are called overtones. Some overtones sound loudly while others are very quiet; it is the reason why every
musical instrument makes its unique sound.
This fact inspired Jean Baptist Fourier to develop Fourier analysis which considers all processes in our
Universe as a variation of some string vibration. We can use the charting tool that is nothing else but the
application of this idea to the stock market.
2) The following is very important, pay enough attention to it. You need to choose a string. As an example, I
analyze S&P500. I choose the string that starts at March 14, 2007 (bottom) and continues up to the beginning of
March 2008:
Drag the mouse connecting these two points. Thus you tell the program the length of the analyzing string. It is
the only thing that you have to do. Then you will see how the stock market plays this string.
The most fascinating feature of this drawing tool is that you can see immediately how "sounds" this string
touched by S&P500:
While you drag the mouse, the program performs a huge amount of calculations: it does Fourier analysis and
displays the projection line based on this analysis. If you try any other software package to perform the Fourier
analysis, you have to click some buttons, define parameters, etc - each time you would like to do it. Here your
dragging the mouse from one edge of the string to another makes the program to perform this procedure
hundred times. With Timing Solution Advanced, you can "touch" these cycles literally by your hand.
a) the most important thing is to find the appropriate string (i.e. the time interval). Be ready that sometimes it
might be impossible: the stock market might start playing a totally new song that has not been played
previously.
b) to enrich your projection line, you may increase the amount of overtones:
c) for the data with a strong trend component (like it is in our example) I recommend to vary "Target" option:
Here I set RSI as a target, thus the sound of our string is generated by RSI (which is not a trend indicator).
d) while drawing the string, try to cover turning points outside the string (points A, B, and C in our example):
e) You can vary waveform option:
In the example below I have downloaded Dow monthly for the last 100 years. Set the triangle waveform; as a
target set the oscillator with the period of 50 months, let the amount of overtones be 4:
Do that, and you get "a la" Armstrong business cycle forecast:
The most used options here are the string length (a basic cycle) and the amount of overtones.
On March 10, 2008 the Moon was passing the Zodiacal sign of Aries. You know how chaotic the stock market
has been then. Let us try to find some regular pattern even at that crazy time. The technique described below
helps to find some "anchor" in time, some track of history pattern repetition. You can treat it as the anchor to
other dimension. It is the answer to the question what has happened to the stock market when the Moon passed
the sign of Aries a month ago, two moths ago, etc. and how we can use that information.
With Timing Solution Advanced, it is very easy to do. Highlight "Planetary adjusted price chart slice" item and
drag the mouse starting from March 10,2008 to several weeks ahead:
You will get three pieces of price charts; each of them starts at the moment when the Moon enters Aries:
the first one (the red graph) corresponds to February 11, 2008 - the closest to March 2008 day when the Moon
passes Aries;
and the last one (the blue chart) corresponds to December 19,2007.
Thus we can see three pieces of the same price chart that show us what has happened after the Moon entered
Aries.
With this technique, you may find the planetary pattern that repeats itself. Pay attention to the zones where
several charts point at the same direction. I highlighted the zone where two price charts show the upward
movement:
Here you can vary the amount of price slices to be displayed, the planetary combination and a kind of
presentation of these charts.
You can display them in one box. For example, setting the Sun-Sun combination, I can easily display the recent
Annual cycles:
Charting tools - Price chart slice
This charting tool allows to find the periods in the price history with similar price charts.
It covers a popular idea of periodicity and similarities in economic life. You often can hear something like this:
look at the Dow price chart in 1908 and at the Dow now (2008); there are some analogies, - and then the
conclusion comes. With this new tool, you will be able to check these ideas quickly; any time you can display
different pieces of the price chart.
In comparison to the two charting tools described above, this one requires some manipulations provided by you.
You have to do four mouse clicks and some scrolling. Let us do them together.
Your first step is to define the financial instrument and the time interval to find similarities for. Let it be
S&P500 from January 20, 2008 till March 7, 2008.
So your first mouse click is around January 20, 2008 to set the beginning of the analyzed piece of the price
chart.
The second time scale appears on your screen. It is tied to the analyzed price chart (the portion you would like
to find the analogies for).
Now you are ready to search for the most similar patterns in the past. If you move the mouse cursor in any
direction, the piece of the price chart corresponding to the beginning of 2008 will move accordingly.
For your convenience, you will see on the screen two diagrams: a red one that shows the chosen piece of the
price chart and a gray one which is the analog price chart. Thus you can visually compare these two charts:
It may take some time while you find the similar slices; sometimes you may find none. Or you go directly to the
period that somebody claims as an analog to your analyzed piece of the price chart, - and you will see yourself.
For our example, finally I have found this pattern in May, 2006:
Make two mouse clicks to finalize your work (the third click is on the end of a similar price chart slice, and the
fourth click is for vertical adjustment of the pattern; move the similar slice vertically a bit till a maximum fit
with your original pattern):
Thus these two charts give you some clues regarding possible movement of S&P500 in March 2008 in respect
to that analogy in May 2006:
As any charting tools you can vary its parameters like the color of the price chart diagram and
enabling/disabling the time scale.
This is a powerful module that allows to reveal similar patterns in the past, much more faster and effectively.
Just run this module (Advanced->Price pattern finder), click "Calculate" button and you will see the most
similar pattern (for my example, it took place in 2001):
We call this chart for 2001-2002 "Key chart". The program displays together the original chart and the Key
chart, together with their time scales.
Also, you will see the list of Key Charts. Look at it. Each record has the ending date of the similar pattern of
the price chart, the correlation between the two and the time lag parameter (i.e. how many days ago the similar
pattern took place). You can highlight any Key Chart in the list to see it together with the analyzed chart. On
the example below, the Key Chart ends on March 31, 2003 which has occurred 1803 days ago ("Time Lag"
parameter):
The list of Key Charts includes similar pattern charts and mirrored charts as well. The mirrored charts are
shown at the end of that list.
It sends us to the year 2003-2004, and the chart is mirrored to our current chart:
The most important parameter here that you may vary is:
This is the length of the interval used to find the most similar pattern. Set this pattern at some small value (say
15 bars), and you will get this picture:
The situation in the beginning 2008 bar by bar repeats the price history in February 2006.
In the Options, you can set "Target". By default the program researches the similarity in Close pattern. Also
you can use other targets - like finding the repetitive patterns for RSI index.
One more option that allows you to figure out how this technique works:
In this example the LBC is set to the end of December 2007. Thus the program is looking for similar patterns
among the pieces of the price chart from August 2007 till the end of December 2007.
The data after LBC are "untouched" data, and they are used to figure out the forecasting abilities of the Key
Charts.