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
Labels:

Comments

  1. AnonymousApril 20, 2013 at 7:56 AM

    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 ...
3 comments
Read more

Learn AFL from AMi guru

I have a laptop, or a mobile phone, and I don't know how to use! What a shame!! We use Amibroker, love amibroker but, how much this great tool`s potentiality we are using? Most of the users just generate charts, and are satisfied. If we want to beat my fellow traders, defeat the crowd there is no alternative to deep knowledge. Stock market is evolving day by day, it is growing every moments. More time goes, more the conscious traders are becoming aware about the trading system. Here comes the name of Amibroker! And Amibroker`s heart is it`s AFL, amibroker formula language. But unfortunately this subject lacks free tutorial in the net. How much you do googling, you will be disappointed. Then solution? Howard Bandy. He has written two excellent books on Amibroker. 1. Introduction to Amibroker and 2. Quantitative Trading System. One Should start with the first one.This is the book  you need if you are looking for a step-by-step introduction to  AmiBroker.This book is for;...
1 comment
Read more