Home New Forums Technicals Pre-Screens Candlesticks Candle Signals How to Contact
indices.The values in the tables below show the range of values between which the indicators oscillate. additional drop downs filter the vector of the technical indicators for trending up or trending down and not necessary (na)



Maximum and Minimum Value Range for the screens
Williams %R (18)
min
-100
max
0
CCI (20)
min
-500
max
500
RSI (2)
min
0
max
100
Full Stochastics
min
0
max
100
Common trigger values
Indicator Over
Sold if Less than		 Over
Bought if Greater than
williams %R (x) -80 -20
CCI (x) -100 100
RSI (x) 30 70
Full Stochastics 20 80
On Balance Volume (OBV):
The Idea behind it is that volume precedes price. The OBV adds a period's volume when the close is up and subtracts the period's volume when the close is down. The cumulative total of the volume additions and subtractions forms the OBV line. The line is then compared with the price chart of the underlying security to look for divergences or confirmation.
A rising OBV line indicates that the volume is heavier on up days. If the price is rising, then the OBV serves as a confirmation of the price uptrend. The rising price is the result of an increased demand for the security, which is a requirement of a Strong uptrend.
If prices are moving higher while the volume line is dropping, a negative divergence is present which suggests that the uptrend is not strong and should be taken as a warning signal of a turn.

Moving Average Convergence/Divergence (MACD)
It measures the difference between two Exponential Moving Averages (EMAs). A positive indicates that the 12-day EMA is trading above the 26-day EMA. A negative indicates that the 12-day EMA is trading below the 26-day EMA. If the MACD falls below its 9-day EMA or trigger line, it is a negative signal, which indicates that it may be time to exit a position. When it rises above the trigger line, the indicator gives a positive signal, which indicates that the security price may go up. The cross over confirmation ensures that you don’t get in early and get faked out.

Williams %R
Or just %R, is a technical analysis oscillator showing the current closing price in relation to the high and low of the past N days (for a given N). It was developed by trader and author Larry Williams and is normally used just in the stock market.The oscillator is on a negative scale, from -100 (lowest) up to 0 (highest). Such a scale is a little unusual and is sometimes found altered (by adding 100), but needn't cause any confusion. A value of -100 is the close today at the lowest low of the past N days, and 0 is a close today at the highest high of the past N days.

Full Stochastic Oscillator
Its a technical momentum indicator that compares a security's closing price to its price range over a given time period. The oscillator's sensitivity to market movements can be reduced by adjusting the time period or by taking a moving average of the result. The Idea is upward-trending market, prices tend to close near their high, and during a downward-trending market, prices tend to close near their low. Transaction signals occur when the %K crosses through a three-period moving average called the "%D".

Commodity Channel Index (CCI)
This oscillator is used in technical analysis to determine when a security has been overbought or oversold. It was developed by Donald Lambert and quantifies the relationship between the stocks price, a moving average (MA) of the stock price, and normal deviations (D) from the average.

Possible Setup
Q: When to buy stock?
A: After buy signal showed up and at break out point/support line
Q: What is buy signal?
A: It's 5-10dMA / MACD / CCI bullish crossover at the same time. And any positive things on that stock (positive earnings, raising outlook, got huge contracts or orders, other stock's positive news in the same sector etc....). The Full Stochastic normally gives the early trend change signal and could be used to draw your attention to a particular stock.
Q: What price to buy?
A: It's usually at 5dMA or between 5dMA and 10dMA. And when stock came down to buy point, you must check 5days chart to decide buy point.
Q: Why do you recommend to buy at break out?
A: Because after a break out, its break out line will now be the support line (to protect your money) and usually a stock could go up 20-30% after break out. But never buy a stock at gap-up break-out. Because usually the stock comes down to fill that gap (thie time the break out line won't support stock)
Q: What is a successful break out?
A: It needs huge volume gaining for successful break out. If volume is thin, that break out won't succeed. And gap up break out won't succeed (because usually stock comes down to fill the gap=breaks down its break out point).
Q: When to sell stock?
A: After sell signal showed up. Q: What is sell signal?
A: It's 5-10dMA / MACD / CCI bearish crossover at the same time. And any negative things on that stock (negative earnings, cutting outlook, lost a main customer, other stock's negative news in the same sector etc....). Use Full Stochastic reverse cross for early signal.
And you must sell stock is you notice that it is over extended (more than 12-15% above its 5dMA)