March 3, 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. 

Japan Stock Analysis

^N225 Japan Nikkei 225 Index and Fibonacci Retracement

Study chart, picture worth a thousand words. We see the Nikkei 225 Index retest 61.8% level again.

Can the index break below 21,000? Will see.

Manage your risk!

20180302 Japan Nikkei 225 and Fibo Retracement Swing Low to High

Japan Nikkei 225 Index and Fibonacci Retracement From High to Low

Let’s study the chart from a different view, swing high to low. 

See the price action pullback to test the 50% level, and fail to move higher. The price action retest the same swing low.

Manage your risk!

20180302 Japan Nikkei 225 and Fibo Retracement Swing High to Low

Moses Japan 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.