Here's how I trade using Market Cycles.
I use a custom made indicator, a weighted combination of Donchian, RSI & Stochastic RSI, called Market Cycle.
I use the Daily timeframe, looking for signals at the end of each trading day.
I have 2 Market Cycles: Using Daily data, and using Monthly data.
Buy signal:
Monthly MC is below 40, the Daily MC cross over 20
Sell signal:
Monthly MC is over 60, the Daily MC cross below 80. If the ATR is high, that's a stronger signal.
This strategy works best on stocks that trade in a range with a decent volatility and a decent volume.
Can be used to accumulate shares on long term investment and lower the average cost.
This is not an investment advice, use your best judgement and experience.
I use a custom made indicator, a weighted combination of Donchian, RSI & Stochastic RSI, called Market Cycle.
I use the Daily timeframe, looking for signals at the end of each trading day.
I have 2 Market Cycles: Using Daily data, and using Monthly data.
Buy signal:
Monthly MC is below 40, the Daily MC cross over 20
Sell signal:
Monthly MC is over 60, the Daily MC cross below 80. If the ATR is high, that's a stronger signal.
This strategy works best on stocks that trade in a range with a decent volatility and a decent volume.
Can be used to accumulate shares on long term investment and lower the average cost.
This is not an investment advice, use your best judgement and experience.
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免责声明
这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
