Turning Points

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Turning Points

What it is and what it does?

W.D. Gann and Frank Tubbs advocate in the both their teachings that there are wheels within wheels or, in other words, cycles within cycles.

turnpnts.gifThe turning point tools will break the market action down into Primary, Secondary and Tertiary turning points based upon the significance of the change in trend. If the market were to make a major change in trend or a large cycle high this would be labeled with a P, secondary or intermediate changes is trend are labeled with an S and minor changes in the trend with a T.

The procedure Your SOFTWARE uses to determine the significance of each turning point is based upon a change in direction of either the one time period Daily, Weekly or Monthly Swing Charts.

As a general rule you would apply the Turning Points Hi-Lite to the daily chart. The Hi-Lite will quickly break down the market into sections. The Hi-Lite can also be applied to the weekly charts.

Having a clear indication of the major sections of the market will assist you greatly in determining the more significant cyclic ranges that you should focus upon in your Resistance Card work.

Display Settings

As mentioned above, the default settings is to use a one time period Swing Chart to determine the Primary, Secondary and Tertiary Turning Points, based on a Monthly, Weekly and Daily Swing Charts respectively. You can alter the time periods used to define the swing chart, hence alter the position of what is deemed to be your Primary, Secondary and Tertiary turning points.

Double left click on the Turning Points Hi-Lites label in the Series Labels to access the Turning Points Hi-Lite Properties dialog box.

You can turn on and off any of the Primary, Secondary or Tertiary turning points by removing the ‘tick' from the appropriate field. You may only be interested in studying the impact of the Primary Turning Points and this would be an ideal time to turn the other two off.


You can alter the default settings of using the Monthly, Weekly and Daily trends as the determining factors by selecting a new time period from the list obtained by using the drop down arrow.


You can alter the settings for the Monthly, Weekly and Daily trends to be based upon a swing chart of increasing time periods, for example, identify Secondary Turning Points using a Two Week Swing Chart as opposed to the default of one week. This of course would give you only more significant turning points, as the direction of the trend would change less frequently.


Allows you to change the color of the labels used to represent the three differing magnitude of Turning Points.

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