Chebyshev Trend Pro uses Chebyshev polynomials to create trend lines against Yahoo and Google Finance sourced stock charts.
This innovative trending method is based on creating polynomials using a modified Gaussian least squares fit that essentially acts as a noise filter, removing random fluctuations from the chart data and finds the real underlying trend.
The main benefit of using this trending method is an almost complete absense of lag, when compared to moving average trends.
Chebyshev Trend Pro includes buy/sell signals based on the Chebyshev trend. A unique method has developed specially for app to provide these signals.
Trends can also be compared with classical MA & Bollinger Bands and more.
Other features include the ability to save stock symbols in a portfolio and adjust the trend dates.
You can use ChebyshevTrendLite and Chebyshev's trend, a free versions of the app, to test before making a decision to purchase Chebyshev Trend Pro or not.
Stock data is sourced from the Yahoo Finance website, plus Google Finance data feeds are used in intraday time frames if app can find them for the symbol of interest.
A data connection is required to access the Yahoo Finance website, however the app will perform best if a WiFi internet connection is available.
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