Do you consider doing your own trade analysis?
Can you do your own trade analysis? Yes, you can after you have learn the technical analysis and using a powerful charting software, like AmiBroker charting software.
Many may trade on market news and fundamental analysis. But how many have really read and the understand the company financial report or have checked the company profile? Besides that by the time you get the good news you are likely to miss the rally. So, why chase. Or, do you dare to chase when the price has moved so far away. The right approach is you should anticipate the move through technical analysis. Plan your trade and trade your plan.
Why don’t you do your own analysis using a good charting software? A charting software depending on two things; historical price and volume. A good charting software equips with all the indicators and allow you to draw your own study. With which it can plot very nice chart showing the market trend.
You may start with using support and resistance. Support and Resistance Analysis is the most powerful method that gives you the buy or sell signal. Buy at support or break of resistance. Sell at resistance or break of support. Combine support and resistance with other indicators such as MACD divergence will give a very good buy or sell strategy.
We offer a value added Quick Start Package for you to get started with your Technical Analysis practice with AmiBroker. You can practice your MACD High Performance Setup with your favour stocks. See the example for the MACD scan results.
Example,
To identify the stocks likely to move. The following are results from AmiBroker using MACD script. These are Top 13 Singapore stock in volume showing MACD signals; a 2-day scanning results for trading close 4 September 2009 on Singapore stocks listed with Singapore Stock Exchange, SGX.
| Ticker | Company | Date | Type | Close | Vol.(K) | Screening Result |
| 5BM | MFS TECHNOLOGY L | 4/9/2009 | Bullish | 0.25 | 168179 | MACD Cross-Up Signal |
| Z25 | YANLORD LAND GRO | 4/9/2009 | Bullish | 2.38 | 13650 | MACD Cross-Up Signal |
| C38U | CAPITAMALL TRUST | 4/9/2009 | Bearish | 1.67 | 7781 | MACD -ve Divergence |
| A7S | SUNVIC CHEMICAL | 4/9/2009 | Bearish | 0.215 | 6066 | MACD-H -ve Divergence |
| T82U | SUNTEC REAL ESTA | 4/9/2009 | Bullish | 1.03 | 5395 | MACD Cross-Up Signal |
| C52 | COMFORTDELGRO CO | 4/9/2009 | Bullish | 1.65 | 5391 | MACD Cross-Up Signal |
| 5DN | EZRA HOLDINGS LI | 4/9/2009 | Bearish | 1.67 | 5203 | MACD-H -ve Divergence |
| 5IC | SING HOLDINGS LI | 4/9/2009 | Bearish | 0.32 | 4937 | MACD Cross-Down Signal |
| S63 | SINGAPORE TECH E | 4/9/2009 | Bullish | 2.67 | 3812 | MACD Cross-Up Signal |
| AU8U | CAPITARETAIL CHI | 4/9/2009 | Bullish | 1.32 | 3719 | MACD Cross-Up Signal |
| B22 | BIO-TREAT TECHNO | 4/9/2009 | Bearish | 0.065 | 2968 | MACD Cross-Down ZeroLine |
| F11 | FUNG CHOI MEDIA | 4/9/2009 | Bearish | 0.18 | 2629 | MACD Cross-Down Signal |
| E18 | ECS HOLDINGS LIM | 4/9/2009 | Bearish | 0.51 | 2316 | MACD Cross-Down Signal |
Disclaimer
The information are not meant to be used for buy or sell decision. We do not recommend particular stocks. If particular stocks of such are mentioned, they are meant as demonstration of Amibroker as a powerful charting software and MACD. 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 professional course to learn MACD. Once again, the website does not guarantee any results or investment return based on the information and instruction you have read here.