10 November 2020
You are at AmiBroker Academy free AmiBroker stock charting.
Picture worth a thousand words. See chart.
Trade with eyes open. Mange your risk.
Wait For Confirmation
We use indicator, but we read chart on their price action. Don’t miss taken. Indicator only gives you a head up, so much as like MACD scan is a good way to identify stock about to move, and begin monitor the stocks.
Study the chart on their price action, and only take the trade after price action confirmation.
MACD Cross Up Signal Strategy
Eggs first or chicken first. So, when indicator shows hand and confirm with price action is it a indicator trade or price action trade. I don’t know. Any I do not plan to spend time prove which is which. Stay tune.
NC2.SI | Sri Trang Agro-Industry Public Company Stock Charting
Study Sri Trang Agro-Industry Public Company Stock Charting and Price Action.
Price Action
Price Action moves in zigzag manner.
Support Resistance
Buy Support Sell Resistance. Or buy low and sell high.
All in all, at all time must trade with confirmation signal. Have fun!
See chart, price action goes higher; forms higher high. But, MACD Histogram forms lower high. Price Action strength is weaken, there is a possibility the price action might pullback. Keep an eye.
Price Action has begin to breakout below the high low, wait for confirmation; price action may test the support, in other words support turns resistance.
Moses Stock Observation
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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.
We learn from many past and present great traders. Kudo to these master.