15 February 2022
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) Bitcoin Cryptocurrency Week High Low
Picture worth a thousand words. To see the price action from a different perspective than MACD divergence. We study price action week high low. From the week high low from October, reference to the each month week one, we see the bull and bear trend.
When you spot a MACD Divergence, it is wise to monitor the the price action pullback. So, if the price action begin to close below the trendline, it is a good idea to take some profit, in other words the money on the table.
See chart. Price Action now go below October week one low, and stay below. We could also identify the price action is now resisted by October week one low. Only until the price action breakout, and close above the support, the price action may continue to stay below October week one low. Manage you risk.
If you are a buy and hold strategist, Will you sell now or buy now? Remember only buy near support, and sell near resistance.
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.