5 July 2022
Welcome!
Welcome to AmiBroker Academy dot com, amibrokeracademy.com.
If There is Only One Chart This is It
Moses Power Stock Chart.
We Believe – Buy Support or Sell Resistance.
1) ^VIX Volatility Index and Bollinger Bands
Price Action reflect the market emotions, it factor in news, buy or sell emotions.
When the market is bullish, how you trade you eventually still make money. When the market is sideways. You have to ride the wave on buy the bull bias and sell when it is bear.
With the current market uncertainty, many whom make money on crypto are liquidating to keep a float. There are many examples, read a recent update on the rich man story. S’pore-based Three Arrows Capital fails to pay debts – now under liquidation due to insolvency.
Moving Average is a great visual tool. MACD indicator is a easy to understand indicator. Fundamental tool such as support and resistance is important for you study the high low. Bollinger Bands is an interesting indicator. The price action is trapped with the Bollinger Bands, Bollinger Bands is like rubber band. It is either expand or narrow.
For ^VIX, the MA is slopping up. Price action is now above 25 points. Will the price action go up? Will see.
Volatility Index is an index market use to measure market fear. So, should you fear not? Will see. Don’t play play!
Manage your risk.
Think Think got more Things
In trading, some predict the up or down on the trend. Here, we look for support, strong support to buy. Or take profit when price action test the resistance.
Moses Power Charting
Official AmiBrokerAcademy.com Charting
Disclaimer
The above result is for illustration purpose. It is meant to be used for learning buy or sell signals. We do not recommend for any particular stocks. If particular stocks of such are mentioned, they are meant as a demonstration of Amibroker as a powerful charting software. Amibroker is a charting software, it can program to scan the stocks for buy and sell signals. Or backtest for any trading strategy or technique.
We post script generated signals. Not all scan results are shown here depending on selection criterial. 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.