Correlation | Hong Kong Hang Seng Index and Singapore Stock Index STI | AmibrokerAcademy.com

June 2, 2018

 

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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. See chart below. 

Hong Kong  Stock Analysis

^HSI Hong Kong Hang Seng Index Charting 

See chart, the price action of Hong Kong Hang Seng Index. Instead of using indicator, like MACD or RSI. We try to use another country index as an indicator. Basically, using the correlation to determine a bullish or bearish trend. Have fun!

 

 

June 1, 2018 Hang Seng Index using STI as Indicator

 

 

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.