Posted by foolwise on 18th of Mar 2010 at 04:13 pm
I don't make trade decisions just using indicators. But, you are
using the daily settings on an intraday chart. The default settings
at Stockcharts are for daily charts. You need to make adjustment
accordingly when using longer or shorter timeframes.
Posted by foolwise on 18th of Mar 2010 at 04:30 pm
True, and that is fine for single lines. But many indicators
such as MACD, RSI, CCI etc work MUCH better when adjusted properly.
I will post a 30 minute dollar chart later this evening as an
example for you.
Unbelievable chart almost
Unbelievable chart almost
Posted by foolwise on 18th of Mar 2010 at 04:13 pm
I don't make trade decisions just using indicators. But, you are using the daily settings on an intraday chart. The default settings at Stockcharts are for daily charts. You need to make adjustment accordingly when using longer or shorter timeframes.
What?
Posted by racerick on 18th of Mar 2010 at 04:20 pm
A 50 sma is a 50 sma whether on a 1min or 10 yr chart
True, and that is fine
Posted by foolwise on 18th of Mar 2010 at 04:30 pm
True, and that is fine for single lines. But many indicators such as MACD, RSI, CCI etc work MUCH better when adjusted properly. I will post a 30 minute dollar chart later this evening as an example for you.
I'd love to see
Posted by racerick on 18th of Mar 2010 at 04:35 pm
What adjustmentments do you make?
I can't type either
Posted by racerick on 18th of Mar 2010 at 04:35 pm