^STI | Straits Times Index Chart | Bollinger Bands | Moving Averages | Moses Stock Charting | AmiBrokerAcademy.com

May 17 2022

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Welcome to AmiBroker Academy dot com, amibrokeracademy.com.

If There is Only One Chart This is It

Moses Stock Chart.

Our Believe – Buy Support Sell Resistance.

1) Straits Times Index and Bollinger Bands and Moving Averages

Price Action reflect the market emotions, it factor in news, buy or sell emotions.

See chart. Price Action breakoutbelow Bollinger Band lowerr band, and finally close below the lower band. Study the Bollinger Bands, the band has gone wider compare to the last week, it means the price action is now more volatile.

If you are a buy and hold strategist, Will you sell now or buy now? Remember only buy near support, and sell near resistance. Wait for the price action draw near either resistance or support before action.

20220513 Straits Times Index and Bollinger Bands

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.