[kero]

Actually, ProRealTime also uses dividend adjusted charts (as configurable option), but I disable the option.

That's a point about which I'm thinking since a lot because I'm unsure about my position. I've already considered that dividend adjusted charts give a distorted view of the price actions, specially because support/resistance which are seen on charts doesn't reflect the real moves, hence it distorts the "price memory", which looks essential to me to define relevant levels. Also, I suppose that Weinstein used non adjusted charts in his book, which are a quite modern feature (but maybee he would have, if he could ?)

Another problem I see with adjusted charts is that their precision depends from the available information that the charts editors have. Sometimes, I have seen that a dividend has been detached, but the stock charts doesn't reflect it, probably because lack/forgot of information. Hence, having a simple rule (only using unadjusted charts) makes it simpler. All charts are drawn in the same way.

I'd be interested in your opinion. You consider that adjusted charts work better for Weinstein method ?