March 21, 2018

Powerful Chart Software – AmiBroker

The following chart is produced using AmiBroker charting software. It is a powerful chart software. You plot the stocks you are interested all in one chart, as long as you still could read them.

Singapore Stock Analysis

Zoom In STI Straits Times Index Using Fibonacci

Take a step forward and zoom in to study STI chart using Fibonacci Retracement, swing low to high. We see STI pullback tested 61.8% and forms lower high. The price action pullback again, but the low was not lower than 61.8%. No clear trend direction, we are referring to big trend, taking the high and low, and the current low or high are within the both level. Wait and see.

Manage your risk.

20180319 STI Straits Times Index Fibo Retracement Low to High

Moses Singapore Stock Analysis

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.