Indicator that confuses you on purpose

١٦ يوليو ٢٠٢٠

The algo that I’m working on creates super messy charts to discourage people from buying. The goal is to time the market, and the way this chart works is to buy only when the background is completely white. If there are lines and bars all over the place— you don’t want it.

This indicator will be for investors whose strategy is to buy and hold for max gain and with minimal exposure to erratic price swings. If you only had a hundred dollars, what stock should you buy? Let's take a confused look at some charts.

١٦ يوليو ٢٠٢٠

ملاحظة

no to the one above.

Yes


No to LL above

Yes to this LL


Where’s a good spot to buy FSLY?

When it looks like that


NVAX chart has never been a super messy one


But look what happens when it cleans up.


NIO when you’re not supposed to touch NIO


Clean NIO

Here’s NK all cleaned up

١٦ يوليو ٢٠٢٠

ملاحظة

Probably not the best time to invest in SPY.