May 27, 2017

Singapore Stock Analysis

1B0 MM2 Asia and MA Wave

To understand stock chart better, study the MM2 using moving average. Instead of use just one, we use high, low and close of 34 period. The three MAs we call them wave, or river. The price action will bounce up or down of the MA band, see chart.

First the price action bounce above the MA band, and then close below the MA band and the price action get resisted and bounced below the MA band. MM2 try to reverse, the price action close above the MA. But the reversal fail and the price close below MA, and resisted by MA. 

Manage your risk.

May 25, 2018 MM2 Asia and Moving Averages

Moses

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.