This week's SBV chart example is based on the 1-day SBV Histogram S&P 500 emini (ES) chart.

+23 points on the S&P 500 emini
in a single session

(1 point = $50 on one emini contract)

Chart 1. Relationship between the SBV Histogram and
index reversal points. S&P 500 Emini. 1-day view. 1 bar = 1 minute. SBV Histogram(20,9)

In our trading example, we applied the following simple system which is based on our SBV Histogram:

1. Once the SBV Histogram has advanced above zero level (after having been below that level), we will enter a long position;
2. Once the SBV Histogram has fallen below a zero level (after having been above that level), we will enter a short position;
3. Close Position at the end of a trading session.

Detailed system description with explanation of used rules could be found in our "SBV Trading System" tutorial.

Note: Our charts are unique in that they give traders the opportunity to choose the specific chart settings that best fit their personal trading styles and risk tolerances. Traders can thus develop and test their own trading systems. On our charts, you can scroll back in history to test any system that you have created.