Posted by ameritrader on 24th of Jun 2009 at 08:55 pm
Hi
I am still trying to be a successful Trend
trader.
With the VIX above 20, I have been using
www.stockcharts.com60mins
Three Line Break charts for entries. With the VIX below 20, I would
use the daily charts. For trigger, I use ADX(10)'s +DMI crossover
the -DMI, AND StochRSI above 0.65. For exits, I use Trend Lines.
Presently since stockcharts tools cannot do this scan, I do a
visual inspection over a list of stocks.
QUESTION:
Does anyone know of an other software platform that can do
3-line break charts scans with ADX(10) and StochRSI(40)?
Thanks
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Using 3-Line Break chart for Trend Trading
Posted by ameritrader on 24th of Jun 2009 at 08:55 pm
Hi
I am still trying to be a successful Trend trader.
With the VIX above 20, I have been using www.stockcharts.com60mins Three Line Break charts for entries. With the VIX below 20, I would use the daily charts. For trigger, I use ADX(10)'s +DMI crossover the -DMI, AND StochRSI above 0.65. For exits, I use Trend Lines. Presently since stockcharts tools cannot do this scan, I do a visual inspection over a list of stocks.
QUESTION:
Does anyone know of an other software platform that can do 3-line break charts scans with ADX(10) and StochRSI(40)?
Thanks