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SeatonBM

07/26/18 8:59 PM

#26946 RE: ajd #26940

I use fancy charting tools sometimes with TD Ameritrade ThinkorSwim, etc... But I find the cleanest easiest way to present something like this, is by pulling up the chart on www.stockcharts.com - I more or less use the default settings, though I customize the tools below (I add the Bollinger Bands - default settings, convert RSI to Slow Stochastics and change the settings to 5, 3 and move it to below, and also add the 2nd MACD which I edit the settings to 5, 15, 9)... From there you can adjust the span of time and interval (daily or weekly), etc... But for the most part I leave its default settings aside from what I noted above...

Sometimes I swap one of those tools to view PSAR (default settings) or to view the SMA 100, etc... Different scenarios dictate different tools to use....

From there I just screen shot it, paste to paintbrush, cut out all the unnecessary crap (browser, task bar, website extras, etc.)... Clean it up.... Then draw on it from paint brush...

Some stocks don't show up on Stockcharts.com for various reasons - often stocks below $0.01 usually... For those I use barchart.com 's interactive chart and there is a bit more I have to do to customize that the way I like it - and it's never really quite as cut and dry and clean as Stockcharts.com charts...

I use to use ThinkorSwim charts to do this, but it really is the best presentation from Stockcharts.com - all these services though are free (you can subscribe for additional benefits, but I don't)...

Hope that helps answer your question(s)....

I publish all my pictures to my Twitter page (@BMSeaton) where I cover charting etc., some lessons, and such here there, etc...

But I post the pictures there first, then copy the image link from there to embed in to my posts here...

soulsalve

07/26/18 9:15 PM

#26953 RE: ajd #26940

I have a fidelity account just for charting and instant quotes.. It's free to create an account.

I started last year and have spent almost the entire past year learning and reading patterns and indicators. Fidelity has a shit ton of indicators, if not all of the major ones, to do exactly what stock charts does, as Beaton described - only fidelity has an app, which is convenient for my lifestyle as a touring musician.

Imo, chsrting is the way to go - I use L2 now as well. But really, if you know how to chart correctly, and use the necessary indicators, it tells you everything L2 does. L2 is just easier to read.

Good luck! I've learned a lot from these guys..

$DRUS