Candlesticks: When to Use Them and When to Ignore Them | Arthur Hill, CMT
Talking Technically • 1m 27s
A big part of technical analysis is learning when you need to ignore indicators and why. Arthur explains this important topic using candlesticks.
Up Next in Talking Technically
-
Price Momentum Oscillator (PMO) | Eri...
Developed by Carl Swenlin, the DecisionPoint Price Momentum Oscillator (PMO) is an oscillator based on a Rate of Change (ROC) calculation that is smoothed twice with exponential moving averages that use a custom smoothing process.
-
Moving Average Convergence-Divergence...
The MACD is a classic trend following device, and a lagging indicator. It won't anticipate movement in a chart, but the idea is that the MACD will help you capture the trends. David shows examples in charts.
-
StockCharts ChartPacks | Erin Swenlin
ChartPacks are pre-created ChartLists that you can install into your account with just a couple of clicks. ChartPacks can contain a single list of general purpose charts or they can contain many ChartLists with a wide variety of charts.