Does anybody use gravity points?

Shinthus

Shinthus

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I watched a couple Theotrade vids and I was part of a quiet chatroom with someone named "Bluesgirl" who uses Tradingview who swears by Center of Gravity. Not sure if gravity points and center of gravity are the same thing but people use them on the main indexes and major stocks as levels of gravity that attract price movement. Basically, they are lines that don't necessarily act like support/resistance but they drag the stock/ETF up or down towards them.

Bluesgirl did some fancy calculations that she wouldn't share with anybody (lame) and she claimed her account had gone up 400% from a little baby $500 account since Jan of this year. Kinda makes me curious...
 
markos

markos

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No, they are not. Gravity Points from Theotrade is something that Don Kaufman created and as far as I know, doesn't share them. I will have to ask Don.
Center of Gravity is in the Universe onenote as a COG.
ToS has one built in called Volume Profile.
 
H

horserider

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@markos hahahaha Just watched the Theotrade video. Looks proprietary but struck me as close to POC
 
markos

markos

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You may be right. When he started using them about a year ago, I don't recall him saying one way or the other. All he has said repeatedly is that they are not support & resistance.
 

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