I am currently studying the brilliant Babypips.com materials on Technical Analysis.
I'm capturing my study notes on live chart examples.
These are notes from:
babypips.com/learn/forex/leading-indicators-oscillators
Takeaways:
- Oscillators are great at giving signal for trend changes
- But they often get ahead of the game and assume *every* fluctuation in momentum is a trend change
- Oscillators fluctuate between buy and sell signals, think of a desktop fan that goes from left-right
Examples:
- Parabolic SAR, Stoch, RSI
My own thoughts:
- Using all oscillators together and looking for 'agreement' might be a nice approach. Charts with decent price history allow you to see how reliable this has been in the past, as a gauge of probability.
- Ichi Clouds is the only indicator that successfully works as a full trading system. You can see these ones have a modest hitrate - only to be used to support a rationale rather than drive it.
I'm capturing my study notes on live chart examples.
These are notes from:
babypips.com/learn/forex/leading-indicators-oscillators
Takeaways:
- Oscillators are great at giving signal for trend changes
- But they often get ahead of the game and assume *every* fluctuation in momentum is a trend change
- Oscillators fluctuate between buy and sell signals, think of a desktop fan that goes from left-right
Examples:
- Parabolic SAR, Stoch, RSI
My own thoughts:
- Using all oscillators together and looking for 'agreement' might be a nice approach. Charts with decent price history allow you to see how reliable this has been in the past, as a gauge of probability.
- Ichi Clouds is the only indicator that successfully works as a full trading system. You can see these ones have a modest hitrate - only to be used to support a rationale rather than drive it.
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.