November 11, 2017
Important of Charting Software
This is another way to look at the same chart. With a charting tool like AmiBroker, you can easily zoom in and out and even keeping up to eight different sheets for study that you view any time. Down a trial version of the software for better understanding. Have fun!
601628.SS 中国人寿 China Life and Wave Count
Counting the wave gives you a sense of direction, of course you must be over that the wave structure can varies from time to time and market. See chart for the wave count, the count becomes more vivid when you look back, and that is why look left and think right.
Stock listed in Shanghai Stock Exchange.
November 9, 2017 China Life and Wave Count
601628.SS 中国人寿 China Life and Year High Year Low
How to determine an important support resistance? One of them is Year High or Year Low, when you to decide the price action is going to be reacted to the support resistance, year high low is going to play an important part. Check it our for yourself.
November 9, 2017 China Life and Year High Low
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.