AI
Saturday, October 06, 2012 6:10:52 PM
Alex...TSI ...15 minute
Alex...I think these are the best charts and I agree with LKB that a complete timeframe set of these charts would be great for anyone learning or testing the different indicators, including the few newer indicators from Stock Charts. These charts draw from the basic set of TimeFrame charts, adds some of the settings from Ziko's advanced charts and has some of the newer indicators from Stock Charts.
It is my hope that in time you will add more charts like this to the StockCharts page with a few words of explanation and some red and green arrows that point out signals and direction. Many people will benefit from this in learning and comparing indicator signals.
Enjoy...the goal is we can beat the crooks...
Although many of these indicators are closely related to oscillators and momentum indicators it is useful to compare indicator and signals. With time and experience you can develop a comfort level with fewer indicators along with confidence in the signals they provide. The settings on this 15 minute chart will work in any timeframe...test them relative to the other indicators and how they respond when price is at the different Bollinger bands...***especially the one standard deviation bands.
Comments
1. TSI...TSI crosses centerline before CCI its another leader...leading indicator...so may want to learn more about TSI...*** why 2 settings for TSI? The TSI fast setting is a test= to see how it compares with the other indicators here...so whenever you're testing an indicator's settings always have the original setting to compare also...so far I like the settings and would use the original setting as representing a longer period and when it and the faster setting signals at or about the same time from oversold or overbought; may be the best signal here...you can see this by setting your cursor on TSI signals on 2nd Oct 3PM...and scroll up through all the other indicators...
2.
...VTX has no signal line so I make stochastic fast and slow lines(%K...%D) the signal ...when reading this you only compare stochastics to the +VI line(greenline)=fastline cross stochastic slower line suggests "change" in momentum...you should see this change happening with the +VI (*** this is what I had said I would show you about VTX)(can also do this with the ADX/stoch fast and slow lines...You can see this on the ADX better than the VTX but I like the centerline of the VTX)
3. ULT...Its a leader...one of the better...but you need to get accustomed to it...
4. %B moving averages crossing...confirming/suggesting change...like the %B this indicator is a leader...= usually signals before CCI...
5. RSI 3...Although I don't encourage the less experienced to use RSI 3 signals...I say its toooo fast and best to make only centerline its signals line...just KNOW it is fast...very fast...sensitive so not the best early signal on lower timeframes like 10 or 15 minute...make centerline signal line......what I found was that RSI 6 or 7 was about the same as CCI 20; so know the RSI 3 will have much more movement than the CCI 20... (I actually like the RSI with the 2 moving averages better)
Alex...I think these are the best charts and I agree with LKB that a complete timeframe set of these charts would be great for anyone learning or testing the different indicators, including the few newer indicators from Stock Charts. These charts draw from the basic set of TimeFrame charts, adds some of the settings from Ziko's advanced charts and has some of the newer indicators from Stock Charts.
It is my hope that in time you will add more charts like this to the StockCharts page with a few words of explanation and some red and green arrows that point out signals and direction. Many people will benefit from this in learning and comparing indicator signals.
Enjoy...the goal is we can beat the crooks...
Although many of these indicators are closely related to oscillators and momentum indicators it is useful to compare indicator and signals. With time and experience you can develop a comfort level with fewer indicators along with confidence in the signals they provide. The settings on this 15 minute chart will work in any timeframe...test them relative to the other indicators and how they respond when price is at the different Bollinger bands...***especially the one standard deviation bands.
Comments
1. TSI...TSI crosses centerline before CCI its another leader...leading indicator...so may want to learn more about TSI...*** why 2 settings for TSI? The TSI fast setting is a test= to see how it compares with the other indicators here...so whenever you're testing an indicator's settings always have the original setting to compare also...so far I like the settings and would use the original setting as representing a longer period and when it and the faster setting signals at or about the same time from oversold or overbought; may be the best signal here...you can see this by setting your cursor on TSI signals on 2nd Oct 3PM...and scroll up through all the other indicators...
2.
3. ULT...Its a leader...one of the better...but you need to get accustomed to it...
4. %B moving averages crossing...confirming/suggesting change...like the %B this indicator is a leader...= usually signals before CCI...
5. RSI 3...Although I don't encourage the less experienced to use RSI 3 signals...I say its toooo fast and best to make only centerline its signals line...just KNOW it is fast...very fast...sensitive so not the best early signal on lower timeframes like 10 or 15 minute...make centerline signal line......what I found was that RSI 6 or 7 was about the same as CCI 20; so know the RSI 3 will have much more movement than the CCI 20... (I actually like the RSI with the 2 moving averages better)
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