What are the most important things for Technical Analysis? As a long time classic TA fanatic it is always the risk & trade mgm that is most important. Using a rules based system & knowing/following your trading plan inside & out keeps your capital intact so you can stay in the game. Everything’s tested in historical markets. The past is a pretty good predictor of the future. It’s not perfect. But human beings drive markets, and human beings don’t change their stripes overnight. So to the extent that one can understand the past, there’s a good likelihood you’ll have some insight into the future. – James Simons, Forbes #82 richest on planet - 11.0 Billion
Steps and Slides Daily 6-Months: Alligator: Price Envelope (13,0.01) Price Envelope (21,0.01) Price Envelope (33,0.01) Ichimoku Kinko Hyo cloud: Price Envelope (52,0.01) Price Envelope (71.5,0.01) Price Envelope (91,0.01) Jesse Livermore pivotal points: Parabolic Time Price (47) Donchian Channel (20) Donchian Channel (20) LBR 3-10 Oscillator used as an Accelerator Oscillator: Percentage Price Oscillator (3,10,16) Bill Williams Awesome Oscillator: Percentage Price Oscillator (5,34,5) MarketVolume® Awesome Oscillator: Percentage Price Oscillator (18,36,15)
The trend. Ice in the veins. Two big hairy balls I use moving averages, standard deviations and derivatives. Useful for quantifying price action.
Rattlesnake daily 6-months: Moving Average, Simple (20) Bollinger Band® (20,1) Bollinger Band® (20,2) Parabolic Time Price (20) Parabolic Time Price (47) Percentage Price Oscillator (3,10,16) Percentage Price Oscillator (5,34,5) Percentage Price Oscillator (18,36,15)
%% Nice chart; i don think 16 ma will help me, but i have enough moving average$-trend lines$ on my charts. When i have to take some off,, to read my own charts, i dont need any more moving averages/trend lines. ............................................................................. It could work for you; we dont want every one trading off 50 dma simple ma=too simple.LOL
Divergence Dealer daily 6-months: Donchian Channel (20) Donchian Channel (20) Bollinger Band® (20,1) Moving Average, Simple (20) Parabolic Time Price (20) Parabolic Time Price (47) Percentage Price Oscillator (3,10,16) Percentage Price Oscillator (5,34,5) Percentage Price Oscillator (18,36,15)
Divergence Dealer: Moving Average, Simple (20) and Bollinger Band® (20,1): Alligator teeth, lips and jaw Two Donchian Channels (20): Support and resistance Parabolic Time Price (20) and (47): Rattlesnake Percentage Price Oscillator (3,10,16): Accelerator Oscillator (AC) Percentage Price Oscillator (5,34,5) Awesome Oscillator (AO) Percentage Price Oscillator (18,36,15) Steps and Slides Oscillator (SS) General trading system rules: Buy when price is above the teeth and Rattlesnake is below the teeth and the SS is showing positive divergence. Sell when price is below the teeth and Rattlesnake is above the teeth and the SS is showing negative divergence. PSK: 1/5/17: Buy at 42.88 3/8/17: Sell at 43.55 4/4/17: Buy at 44.42 5/19/17: Sell at 44.91 ORG: 3/23/17: Buy at 24.93 6/1/17: Sell at 27.21 SCIF: 1/3/17: Buy at 41.99 5/18/17: Sell at 57.11