some; Tried it in the past. examined it's structure. Basically tweaked Macd different time make up.
MACD calculates the difference between the exp 9 and 26 moving averages. Based on information extracted from the last 52 periods using daily closing prices as the constant.
Awsome; in normal setting employs the 5 Vs 34 period simple averages without weighting offered by expotential, front weighting or smoothing effects. the Tweaking away from MACD is a few things. Style of Ma averages , Length (time frame) the previous period from which information has been gleaned from and the constant has also been changed from closing prices to the average price for the current day By doing so creates stability it is less radical. Better for scalping mid day 5 to hourly price fluctuations rise and fall the indicator remains constant fixed on the average pricing from open to close. That is why it is not profitable trading the Histogram cross. By doing so you have alreasy lost the initial part of the move you end up buying after it has left oversold , crossed 50% of average range of the day rise and is ascending toward over bought. By reducing the range of the runs profits by 1/2 trading fees still have to be covered diminishing potential profit. Another thing top of the profit has been cliped prior to an exit signal It is like most others a lagging indicator. The only way I got some satisfactory results were by entering long on the second confirming green bar combined with viewing the candle formation and corresponding Volume as momentum.
Earlier entry produced better results in individual cases but risk was also higher .
Awsomw is a derrivetive of Heiken Ashi in histogram or line form rather than being displayed in Candle vision form. I believe the Japanese arrange ment is more dependable in exposing the trend stability. It calculate the averege day price however Heiken uses the hi minus low of the previous day then adds the open Minus close of the current day and divides it by 4 . If the average price is above the average calculated yesterday the candle in green if average price is is lower the candle turns red. I like it for swing trend trades.
My software probably as in most if I change the time frame from anywhere between minutes to monthly it automatically re-adjusts the indicators to correspond the time frame being viewed in that order one can many times view the approach to the run being instigated I also employ the use of Time segmented volume indicator. (TSV) this is a leading indicator for price to move there must be buying or selling and that shows up in volume. It may be o small to visualize in the volume bars when accumulation is slow at the beginning because the buyer wants to hide their entry and deter heard mentality entry driving up the asks prior to being filled. Tiume Ssegmented Volume Compares present volume buying and selling with past segments over given previous similar time periods so it reveals even tiny volume differences if they are at all consistent. the regular setting usually looks back 38 periods compared to the last 19 periods calculated daily using information from the previous 3 trading days for each of the two earlier mentioned periods. It is not infallible either many times it reads contrary to Macd which is based on price alone When a security rises or falls Volume high or low is part of the process behind the scenes. the indicator simply detects that. If it has dropped and volume keeps reducing there is a good chance for a long consolidation at least . One always must remember their name. Indicators' That is what they are indicators Not predictors they only indicate a change may be in process not guarantee or predict one They are a heads up to examine other aspects from fundamentals Current is the cycle in or out has there been political changes or product S vsDemand or price variations That is what indicators do they send alerts of possible changes on the horizon
Heiken Ashi Like Awsome is not for sideways consolidation trading it activates when trends begin on approx. the 2 or third day then follows through till it ends or weakens. Weakening trend signs are Dogi type candles where buying and selling pressures equalize leaving wicks and tails on the candle both above and below Uncertainty in where the power lies. Near the trend conclusion many times spikes will move to the opposite end of the Candle showing either bulls have moved in or bears are ready to put it to sleep.
Just edit a candle chart in your software from open Vs close or percent gain setting to Heiken ashi then skip through a number of charts you are familiar with and look how different the candle runs appear in comparison switch back and forth on the same stock amazing difference
Some thing else an advantage (Almost a must is stock cycles ) they all have time cycles in which they opertate from highs to lows and vice versa. You can buy a very fantastic stock which is out of its cycle and still loose money . people don't but sleighs, skiis and ice skates in summer or canoes and bathing suits in -40 degree weather. But they should just prior to the season when they are being offloaded when any moneyor profit is better than none Then sell to the demand when the crowd rushes in scooping up whats left on the shelves. GOld and exploration is beginning to move as some are picking up some prior to summer program drilling begins or stock pumping trying to rally price a bit for a PP
Little understood by many is when a company wants to do a Placement They approach lenders. If the lender is interested in the information they provide and believe they can promote it. Prior to anything taking place the funder will slowly accumulate as much as they think they need to cover the cost at rock bottom. With shares in hand the corporate responsibility is to begin releasing reports of an up coming program , how great they view the potential a whole bunch of historical facts and how great nearby discoveries have been in this very hot region. they create a furor of anxiety. Sounds good but has no actual true bearing on whether or not their own attempt will be successful or not. Most of it is Hype. They throw these hypothetical suggestions out. Spinning it as positive as possible with out breaking the law. Aiding the unsuspecting retailer in painting a glorious picture of wealth and riches in their own minds. So the crowd moves in grabbing shares taking out the asks day after day After rising significantly double what it was a few months ago volume picks up dramatically bringing in more of the heard. Then a pp is announced with full participation the volume during and after the pump came from the hidden money man taking profits on shares accumulated below. ANON. they have just made the money off retailers they intend to fund the PP with The placement is filled a few cents lower with equal warrants attached. There in a no loss situation Money came from other people by selling the hype. Now they have those p shares plus equal warrants which carry no risk. the shares they hold from the PP have a 4 month hold. Who cares they were purchased with money gained in the hyped rally The institution can then sell them of at any price with a profit as they wewe basically free to begin with. Their in a no loss situation both PP shares and warants if warrants don't come into the money no loss there either just let them expire or ask for an extension which will cost the company nothing.
It's a dirty game but within the boundries of the law As far as the Ceo's are supposed to protect share holders. That is to the best of their ability. Ty and prove their personal judgment & ability was greater than they offered Unless actual non hypothesized statements were made it is normally left open ended meaning we are not finished or there are other possible outcomes qualified by; Expect . Think , Perhaps , soon, Depending Due to circumstances
It is hare to determine true fundamentals on a corp with no income looking for something with other peoples money Much easier with companies like CMMC WEF. and otherlike corporations They already produce a product the world needs and generate income on which to operate you simply need to know is quality and experience of management Profit margin P/CF valuation Supply Vs demand current and projected plus market cycle so as to be in at proper time Chart reading support & resistance with a cycle indicator is very helpful I read the last 9 period segments out of 60 day frames reasonably accurate. revealing curving of the normal 90 day market cycles of many stocks covers a choice of approx. north american 10,000 stocks under $20 I don't need more than that the rest I ignore. I do not care where profits come from there are good and bad companies in every sector and they all nee the same basic business principal makeup to be successful and continue. Jim Pattisson or warren Buffet know little about oil fields, carpets car manufacturers, Air lines Transportation lines making coca cola or the fishing industry. Instead they locate and invest in the expertise & ability of those who are experts & do. Based on Market cycles , valuation and
Forthcoming demand
I know nothing on how to run Teck But Don Lindsay does even if I did I would have no influence on decisions. Buy into coming demand with ideal experienced management I see both in WEF and CMMC over the next two years I can wait now in I will trade 30 to 50% on peaks and valleys WEF dividend 14 yield on a DRIP If I do not cash it in the kids will.
After more than forty years playing I still make mistakes sometimes but not nearly as much as when I started. Management is what I overlooked with Secova should have done more research. Properties are very promote-able. nothing to do now but wait for a change in approach
I'd love to hear views research or approach and strategy of others on anything they believe may be good I like learning about anything always have Investing is a full time hobby for me mind challenging Like still being in business can't learn it all and the curve never stops.
Cheers
|
