Step 5 will be a very big summary so get your reading glasses on!
First Divergence+ shows exactly what it is titled as, Divergence... So what is the plus? It offers insanely accurate buy and sell signals. So accurate it cost a monthly subscription on top of your trading view subscription if you are a paid member
As price increases Divergence+ forms a green shadow beneath the bearish candles based on opposite price movement and a red shadow showing opposite price movement when a stock is going up. This price movement may be opposite but not strong enough to sway the market price. However the larger the shadow the more likely price change will happen and when it is strong enough a green or red arrow is initiated ( buy/sell signal ) I use this information to make future price prediction
Guth_3x_Confirm is a form of bollinger bands, it creates trend lines based on price and volume. This indicator I am referencing to is at the top of my chart. The green is the price and the red is the volume. With this stock you can see that the price has plateaued and the volume is decreasing. This is a signal that the stock price could move downward. When the change is dramatic and at a specific low or high a red or green band is given as a buy signal ( green ) or sell signal ( red )
Kurotoga Cloud is used to see where support and resistance is. Support is the lowest a price will fall before it rises and resistance is the highest a price will rise before it falls. If a price breaks through resistance or support it will most likely continue rising or falling at an unrestricted rate, or at least until a new support or resistance is formed.
MACD is the king of divergence, it shows divergence in correlation with the moving average. The MACD at the second to the bottom of the chart shows 3 pieces of information, two trend lines. One showing price and the other showing volume, while there is also a bar graph that shows the strength of the buying and selling. The lengths of the bars show growing or weakening volume and the shade shows if it is leaning red or green. These indicators can be used to foresee future price movement.
RSI Relieve Strength Index shows an instant valuation based on buying and selling strength. A high RSI shows that the stock is over priced and a low RSI shows that the stock is overbought. When a stock is under-bought, buyers buy in and when they see that it is oversold they sell. Overbought and Oversold are just fancy words for being over priced or under priced. But remember over/under priced does not equal over/under valued.
I hope this 3 part learning series helped, see part 4 to see my personal analysis on NVDA based on the above indicators.
First Divergence+ shows exactly what it is titled as, Divergence... So what is the plus? It offers insanely accurate buy and sell signals. So accurate it cost a monthly subscription on top of your trading view subscription if you are a paid member
As price increases Divergence+ forms a green shadow beneath the bearish candles based on opposite price movement and a red shadow showing opposite price movement when a stock is going up. This price movement may be opposite but not strong enough to sway the market price. However the larger the shadow the more likely price change will happen and when it is strong enough a green or red arrow is initiated ( buy/sell signal ) I use this information to make future price prediction
Guth_3x_Confirm is a form of bollinger bands, it creates trend lines based on price and volume. This indicator I am referencing to is at the top of my chart. The green is the price and the red is the volume. With this stock you can see that the price has plateaued and the volume is decreasing. This is a signal that the stock price could move downward. When the change is dramatic and at a specific low or high a red or green band is given as a buy signal ( green ) or sell signal ( red )
Kurotoga Cloud is used to see where support and resistance is. Support is the lowest a price will fall before it rises and resistance is the highest a price will rise before it falls. If a price breaks through resistance or support it will most likely continue rising or falling at an unrestricted rate, or at least until a new support or resistance is formed.
MACD is the king of divergence, it shows divergence in correlation with the moving average. The MACD at the second to the bottom of the chart shows 3 pieces of information, two trend lines. One showing price and the other showing volume, while there is also a bar graph that shows the strength of the buying and selling. The lengths of the bars show growing or weakening volume and the shade shows if it is leaning red or green. These indicators can be used to foresee future price movement.
RSI Relieve Strength Index shows an instant valuation based on buying and selling strength. A high RSI shows that the stock is over priced and a low RSI shows that the stock is overbought. When a stock is under-bought, buyers buy in and when they see that it is oversold they sell. Overbought and Oversold are just fancy words for being over priced or under priced. But remember over/under priced does not equal over/under valued.
I hope this 3 part learning series helped, see part 4 to see my personal analysis on NVDA based on the above indicators.
تعليق:
Relative Strength Index, not Relieve
تعليق:
Low RSI means underbought
