July 24, 2017
The Straits Times Index and 34 MA Band
The price action has breakout last hight. The high was retested. See picture for more.
ST Index is now above the MA band, the trend is bullish.
Do you know why? I don’t and it is not important to me.
ST Index and Channel and Trap
Can you see the bull or bear trapped? See chart for more. Have fun!
^STI ST Index and MACD Signals
Picture worth a thousand words. See chart for more.
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.