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Strategies & Market Trends : Underexposed Technical Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Underexposed who wrote (891)	3/22/2021 12:44:57 AM
From: Johnny Canuck	1 Recommendation Recommended By Cogito Ergo Sum Respond to of 914

Thanks for posting. If I understand the charts in the last 2 post there is an implied velocity component in the rate at which the two moving averages of the MACD are moving apart combined with the corresponding effect on the BB that is a key component of your system. I had a similar intra-day trading system way back when I did intra-day reversal trading that triggered a buy or sell signal when the DMI generated a buy or sell signal in the 15, 30 and 60 minutes charts. Even using delayed charts that only happened if the range increase extremely fast in a short period of time. This was a market extreme that usually was followed by a return to the mean. It did not give many signal but was fairly consistent on days when the market melted down or melted up. Obviously your charts are day charts but a similar effect I would guess is part of your system and the reason why it is not trigger every time you get a traditional MACD buy or sell signal. Always interesting to see how people use their specific combination of indicators to create a system.

To: Underexposed who wrote (891)	3/22/2021 1:25:18 AM
From: Johnny Canuck	Read Replies (1) \| Respond to of 914

If I understand your system NGT.TO will be on sell signal right now?

To: Underexposed who wrote (891)	3/22/2021 8:24:41 AM
From: Underexposed	Read Replies (1) \| Respond to of 914

Ok...back to my description of using my Trigger chart. This is a very versatile chart that can identify opportunities and danger. Here is an example of a sell signal avoiding a significant drop Let us say you purchased Cadiz for some reason back in early November... it then rose nicely...scaring you a bit on that dip near Christmas time but you hung onto your stock and maybe even added stock on that dip. All is well until Feb 22....the share price looks fine but the Slow Sto and MACD are of concern...another dip forms but not as severe in the price chart BUT the Slow Sto and MACD are much worse. You are getting a warning of disaster to come even though the dip stopped for a couple of weeks. There was a minor sell signal around March 1....Considering the action of the Slow Sto you should take heed and sell to save your profits NOW (first week of March).... Sure enough the huge sell signal comes on March 15 and if you waited you would have lost a lot of profit. Now look at that circle at the bottom....looks like you will know when this drop will be over....a MACD/BBWidth squeeze is forming. You don't know when it will be completed but if you watch this chart you will see it form and catch the bottom...if you still want this stock later. This chart gave you a heads up on potential doom if you paid attention to the signs. UE