Exit Signals in SPA3 Investor

SPA3 Investor uses two technical analysis techniques:

  1. Swing charts with a three day, or two day in some cases, period setting.

  2. A customised adaptive ATR Trailing Stop

The Swing Charts used by SPA3 Investor look similar to percent based zig-zag charts but are not.
The swing is determined by a new low or new high being achieved over the selected period. For
example, for a 7 day swing peak to be achieved requires that a new low occur from the last high
that is lower than the lowest low over the last 7 trading days.

The Swing Charts are used to determine exits that can occur before an ATR Trailing Stop exit occurs.
Patterns are programmed into SPA3 Investor to determine an exit.

These patterns are described in this document