IKE, GRAPHICS MEMORY is what I use to plot that candle stick image on to STOCKWATCH annual charts [only 5 trading days or so.]. I don't use the whole CANDLE STICK THEORY to use for mid-term or long-term forecasting, likewise, to name a few,I don't use others like:
MACD, RSI, JONH BOLLINGER'S BAND, ELLIOT WAY'S THEORY, MOVING AVERATES[10 DAYS, 20 DAYS, 200 DAYS ETC.], POINT-FIGURE METHOD, FIBONACCI THEORY, LINEAR REGRESSION, OR MULTIPLE REGRESSION MODELLING, TIME SERIES METHODS, CYCLES THEORY,ETC..., there are lots more that I didn'tEVEN know of IN this technical analysis WORLD, I only trust the most simple thing that would work; you know the simpler, the easier to understand and use. |
