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Re: iceman329 post# 35925

Friday, 08/15/2014 1:37:05 AM

Friday, August 15, 2014 1:37:05 AM

Post# of 52074
@ iceman329...regarding the chart picture....

I apologize that I havent set up my computer since it crashed a while back, with the software I used to know how to post my charts to my comments..... but all I can do right now is explain it with tedious words. I hope that is ok.

easy enough to do, you go to stockcharts and bring up the chart. the default setting there will automatically have the 50 and the 200 moving average , on the daily chart.
I only use the free service, because thats been good enough, (like IHUB's free service... good enough) but the only drawback is the free service only allows you to use 3 indicators in the tool kit. you will see how that happens.

So I take the chart they show, and I like to look at maybe 5 or 6 different indicators. and to do that I end up with twp charts. One chart might include the Bollinger bands. The other chart might have the Ichimoku cloud (full), I change the MACD to the slow stochastic because I dont care too much for the macd. Ive learned to see without it.

sometimes I use both the Ichimoku and the bollinger band, along with the 50 ma or the 200ma.... Ideally , I'd wish to put all thesse tools on the chart at the same time.
sometimes I change the 50 and 200, to the 14 and 10, to look at short term pictures.

I'm not sure what kind of things you want to know about, but going to stockcharts .com is easy to playing around with the charts.
I came to really like using the Ichimoku cloud, because it combines about 5 tools all in one to show many points in the picture.

I take this basic set up and play around with it, and draw lines on it, use fibonacci, andrews pitchfork, and a few other things .

it goes from this....
http://stockcharts.com/c-sc/sc?s=MZEI&p=W&yr=1&mn=0&dy=0&i=p63036432250&r=1408080782877

to this.....

http://stockcharts.com/c-sc/sc?s=MZEI&p=W&yr=1&mn=0&dy=0&i=p67561782139&r=1408080855868

and then this...
http://stockcharts.com/c-sc/sc?s=MZEI&p=W&yr=1&mn=0&dy=0&i=p07033772354&r=1408080952585

and it starts to look like something . I draw lines and use other tools on this chart.

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