As with all technical analysis techniques, false signals occur quite often and are the center of criticism with opponents of technical analysis. The ProSticks theory attempts to silence the critics by providing investors and traders with more information into the underlying structure and strength of the market, valuable information not found anywhere else in the market today.

The most important aspect about ProSticks is that the theory is not a replacement for traditional technical tools such as the Bar and Candlestick charts, but rather, a compliment to traditional tools technicians have become accustomed to for many years. Popular technical studies such as the Relative Strength Index, Stochastic, and Moving Averages all can be used in parallel with ProSticks.

In general, the complaints of many about technical analysis all stem from the fact that too many false signals are generated. Traders and investors, thus, become more sceptical of such tools as a result. This is where ProSticks can help. ProSticks can decrease the number of false signals given by other technical tools by providing what other tools lack in their calculations: time and volume.

ProSticks, in its basic use, can help identify important support and resistance levels that may seem ambiguous with other technical tools. Moreover, with ProSticks, one may realize why a false signal occurred with, for example, a bullish crossover from a Moving Average.

Let us now begin our discussion of the advantages of ProSticks.