Skip to main content

Build a trading System with two charts

Stock Price taming is not very hard, rather it is easy if you follow a trading system. Here i`m giving two charts that we can use regularly as trading system. One for identifying the oversold, other for tracking buy-sell signals.

Top one has a red line. If stock price touches the line, it`s a dangerous moment. Most likely the stock price will fall. Mos Bottom line of the upper chart is overbought line and it is a safe line. Whenever price touches is chances are that price will jump soon. Here FINEFOOD is resting in danger line and falling might be imminent.



Now the bottom chart. It uses many formulas and result are shown at left. Here we can see that for FINEFOOD it is giving signal that : MFI and TRIX waiting strong sell signal. Also the rsi is giving sell signal. 

See the image

Comments

  1. Actually, there are a lot of probable physical
    exercises.

    my website - click the up coming web page

    ReplyDelete

Post a Comment

Popular posts from this blog

Trading System : Using KPL with MIDAS curve

Firsly, the KPL Swing is a simple trend following mechanical trading system. It automates the entry and exit signal. This trading system is very simple and easy to use. It works across multiple time frames and does not require any in-depth knowledge of TA. In KPL System no targets are given as no one knows how high (or low) the stock price will reach. A trailing stoploss locks in the gains and removes emotions from trading. Secondly, the the MIDAS System. The MIDAS system of technical market analysis is based on the concept of Volume Weighted Average Price (VWAP). VWAP calculations is being used widely worldwide. A standard VWAP calculation represents the total value of shares traded in a particular stock on a particula  day divided by the total volume of shares traded in that stock on that day. Here i`m giving a chart using bothe KPL and MIDAS (three lines) curves. As example, BERGER symbol (data updated at 4 Aug, 2010) has been used. In chart its visible that both ...

Make your Amibroker Chart Colorful

You can make any chart of Amibroker Colorful with gradient effect. Just copy and paste this code above any afl codes, save, open parameter and choice two of your favorite color. Its done! code are : SetChartBkGradientFill( ParamColor("BgTop", ColorRGB( 172,172,172 )), ParamColor("BgBottom", ColorRGB( 172,172,172 )),ParamColor("titleblock",ColorRGB( 172,172,172 ))); This tip is not intended for primary level user. To change Amibroker`s default Background color visit http://tatunnel.blogspot.com/2010/07/change-amibroker-chart-background-color.html