When Stock`s Price increases everyday, the stock holder becomes worried. Of course he should be worried, and before the scripts start falling he should lock his profit. But who knows when it would start falling? Nobody (but smart money sometimes knows). So we need indicators like RSI, OBV, or stochastic. The problem is, even with weak RSI, OVB, or horizontally straight stochastic a script may go up further. So taking profit in fear of falling some times becomes cause of pain, or less profit. So I would prefer a system like KPL swing to give me an exit signal first. Then I would exit. I would wait and see how much a bullish share can grow.
See the Graph of Squiretextile, (data uptodated)
2. Thursday the stock opend bellow its previus day`s closing, but closed above it. Which indicates weekness.
3. Yet there is no fall signal (down arrow) and no ADX (price bar in deep green) appeared. So I would wait more. I will take rist, rather then lessen my profit.
4. Top two charts are giving strong weakness indication. So I`m very much alert. As soon as KPL, the main chart, gives me exit signal, I would take profit.
See the Graph of Squiretextile, (data uptodated)
Tips :
1. At very bottom is main chart (KPL with, adx) to follow, two others are supporting.2. Thursday the stock opend bellow its previus day`s closing, but closed above it. Which indicates weekness.
3. Yet there is no fall signal (down arrow) and no ADX (price bar in deep green) appeared. So I would wait more. I will take rist, rather then lessen my profit.
4. Top two charts are giving strong weakness indication. So I`m very much alert. As soon as KPL, the main chart, gives me exit signal, I would take profit.
Can you please add the required afl for this chart? Or any other details of process involved to perform this function.
ReplyDeleteI`m in struggle with code posting. AFL`s long line breaks in Blogger, and when copied-pasted, generates error. Thats why i`ve removed the Radar post today. I can upload the afl somewhere else, and give the link. But I dislike this option. Give me some time, or give me a better solution.
ReplyDeleteAne way, i can paste the code in comment box in several parts. You have to rearrange them. And I think we can go this way. It helps in learning the AFLs coding.
Let me know here, if you want the codes in several parts.
In several codes can be given sequentially.....or sending in message box...can solve personal problems regarding codes....
ReplyDelete3 related codes links are now on AFL Archive page. Located at Header part of the blog.
ReplyDelete