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Gold User, Member, Platinum User, TeleChart
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| Thursday, February 24, 2005 |
| Monday, March 12, 2012 11:33:09 AM |
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Hello,
Why is it important to know the values in an indicator in this case MACD, I do not have that one displayed, I strictly use Slow Stochastics, CCI 5, Volume, TSV 16, MS. On the Top chart I have 20, 40, 200 SMA and the Bollinger band at 20,20.
So knowing the values for trading add no profits, what it is needed is to look at the chart and follow the candles moves. ON CTX: ON March 31 CTX made a beautiful bounce off the 40SMA, than on 4/1 it Gapped up which usually has a follow through. On 4/2 it gave an exhaustive Tail up abit above the Resistance level for this run. 4/3 it retested the high resistance finishing off and closing near the top of that run. Yesrday 4/4 it should a BEARISH reversal on pretty good volume. MS, TSV,CCI are have all turned down since 4/3, NOW the 20 is looking to cross the 40SMA, which would indicate a bullish and technnical break out, but the over all picture still hangs on that Bearish candle.
Now MACD is a lagging indicator
Options Trader
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Thank you Diceman
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Any one has copy and paste code for CCI to be imported to the worden charts?
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