8 June, 2019
Welcome!
Welcome to AmiBrokerAcademy.com. Thanks for visiting the site.
Have fun!
Trade the Breakout
The observation and principle behind trading the breakout is to enter a trade when the price ‘breaks out’ of a tight range, because often it tends to keep moving in the same direction. See example below.
PDEX Pro-Dex Inc Stock Charting
Study Pro-Dex Inc stock chart.
See chart, picture worth a thousand words.
Price Action goes from low to high and pullback.
Can you see the tight range?
Do you find MACD indicator help you in the entry or confirmation?
Trade with eyes open.
Moses Stock Observation
AmiBrokerAcademy.com
Disclaimer
The above result is for illustration purpose. It is not meant to be used for buy or sell decision. We do not recommend any particular stocks. If particular stocks of such are mentioned, they are meant as demonstration of Amibroker as a powerful charting software and MACD. Amibroker can program to scan the stocks for buy and sell signals.
These are script generated signals. Not all scan results are shown here. The MACD signal should use with price action. Users must understand what MACD and price action are all about before using them. If necessary you should attend a course to learn more on Technical Analysis (TA) and Moving Average Convergence Divergence, MACD.
Once again, the website does not guarantee any results or investment return based on the information and instruction you have read here. It should be used as learning aids only and if you decide to trade real money, all trading decision should be your own.