Quote:
Originally Posted by pakiestra
If I would only know all your abbrev. 
SMA, EMA I think I grasp it.
BB I hope it's Bolinger Bands ??
STO could be stochastic, could it ??
And there goes more difficult:
$ does it mean buck ??
MACD <signal/H2O what does it say about the signal line ??
TL ??
Sorry for a nuisance, I might be just dull. Overall seems to be an interesting idea. The only thing is that technicals do pretty poorly with a thin liquidity as the price doesn't move, it has a fit 
Thanks for info  |
BB is bollinger. STO is stochastic. $ is price.< means "less than(below)" > is "greater than(above)" When you plot MacD on the chart,you have a blue line (MacD) and a red line (signal line). These lines will be above or below the 0 line (H2O).e.g. MacD <signal but > H2O means that Macd (blue) is going down and but above the 0 line.To me, it indicates a dip in an up trend and I look to buy if the blue crosses above (>) the red (signal) line.
TL is trend line.
Trade DEMO! If you have time to sit in front of your computer, look at hourly trend (what direction are 3,5,10 emas going ( is 3>5>10)? then the trend is up.) Look at MacD, is the blue line > than the red (signal) line and are both lines going up? Trend is up (only on the hour chart)! Than go to the 15 min and see if the trend is up (if not, then it is a retracement- wait for those to change back up. and buy. If 3<5<10 trend is down. If hour MacD going down, do not buy.(i.e. both blue and red lines going down and blue line is below the red (signal) line.
Remember, the only dumb question is the one that is not asked!