23 November 2021
Welcome!
Welcome to AmiBroker Academy dot com, amibrokeracademy.com.
If There is Only One Chart This is It
This is not a site that provides buy or sell signals directly. We read the stock chart bar by bar. If you understand what we read, you will get the buy or sell idea. Have fun!
Buy or Sell, you decide
Trading is very simple yet very difficult. Price is either up or down. But catch the right move is not easy. I believe many must have missed the falling knife. Now, many will be watching the topping. Can any catch the topping? Will see.
Up Down or Sideways
Trading is all probability. The price action is either up, down or sideways.
Trade what you see. Manage your risk.
Our Believe – Buy Support Sell Resistance.
1) NYSE Composite Index and Week High Low and MACD
Picture worth a thousand words. 20 MA goes above 50 MA and both MA above 200 MA. But, price action close below 20 MA. So, bear trend? Stand back and look carefully. What you think? Price Action is now pullback, look left. You should spot the price action is now get supported by the previous high, resistance.
If you have follow the posts here, we have been provide you and understanding to identify bull or bear. Catch it? If not, go back and reread the posts until you have some idea.
See chart.
Can Price Action continues to go bull from October?
Study the MACD, and price action continue to go higher. But MACD forms low high. Price Action maybe pullback.
If you are a buy and hold strategist, Will you add now? Remember buy near support.
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.