Trading Indicators » candlestick patterns

Do You Know Good Technical analysis Indian Stock Charting Software ?

admin — Thu, 08 Apr 2010 14:28:12 +0000

Do You Know Technical Analysis India Stock Charting Software that charts technical analysis indicators, identifies candlestick patterns, and provides trading systems for BSE and NSE listed stocks & futures.

I Got Few software Names

1. Meta Stock Technical Package
2. ASA
3 Trend
4. Traders Place

MetaStock gives you nine of the most widely-used price charting styles to choose from: ( Which to Pick)

Bars
Line
Candlesticks

Point & Figure
Kagi
Renko

Three-Line Break
Equivolume
Candlevolume

Trading indicators are best used along with money management and good risk control, using trading indicators alone will not enable you to be a successful trader, the market is just too random and unless risk is controlled over time your account will slowly get wiped out, regardless how good a “trader” you think you are.

Private Traders: What Trading System do you use?

admin — Sun, 04 Apr 2010 07:55:16 +0000

Please specify, whether your trading system:
1) was bought off the shelf and what is it called;
2) put together yourself using existing indicators & techniques (ie MACD, Moving Averages, Chart Patterns, etc);
3) developed entirely by yourself as a new proprietary system.

What do you use this system to trade (ie futures, stocks or FX)?
Not fishing for the secret all infallible holy grail of trading system (if it even exists).

Just want a simple answer like:
I trade using point (2) using candlestick patterns and moving averages as trailing stops. Use it to trade FX.

Dont need to know the time period of your moving averages or secret mathematical formulae you’ve programmed into TradeStation or MetaStock.

Trading indicators are best used along with money management and good risk control, using tesnical indicators alone will not enable you to ne a successful trader, the market is just too random

Trading indicators. Candlestick pattern the best?

admin — Mon, 29 Mar 2010 12:43:54 +0000

Seen this ad encouraging public to sign up for candlestick patterns workshop : traders rely 1% gut feel, 4% sma, 5% stochastic, 6% macd, 7% fibonacci, 8% trends & channels, 9% support & resistance, 60% candlestick pattern analysis. I am not a profitable trader so I like to know if this is true before I sign up.

Trading indicators are best used along with money management and good risk control, using tesnical indicators alone will not enable you to ne a successful trader, the market is just too random

Trading indicators. Candlestick pattern the best?

admin — Mon, 29 Mar 2010 12:43:54 +0000

Trading indicators are best used along with money management and good risk control, using tesnical indicators alone will not enable you to ne a successful trader, the market is just too random

Private Traders: What Trading System do you use for which Markets?

admin — Sat, 27 Mar 2010 07:54:07 +0000

If you trade futures, stocks, FX: do you use the same Trading System or a different system for different markets.

Also what is/are the Trading System that you use for each market:
1) one you bought off the shelf;
2) put together yourself from existing indicators & techniques (ie MACD, Moving Averages, Chart Patterns, etc);
3) developed entirely by yourself through mathematical programming into a new proprietary system
Not fishing for the secret all infallible holy grail of trading system (if it even exists).

Just want a simple answer like:
I trade using point (2) using candlestick patterns and moving averages as trailing stops. Use it to trade FX.

Dont need to know the time period of your moving averages or secret mathematical formulae you’ve programmed into TradeStation or MetaStock.

Trading indicators are best used along with money management and good risk control, using tesnical indicators alone will not enable you to ne a successful trader, the market is just too random