Murphy's 10 Commandments | StockFindings | Volatilitytrading |
RSI 30/70, Stochastics 20/80
Buy/Sell signals 4sma9, 9sma18, 5sma20, 13ema21sma
MACD. A buy signal occurs when the faster line crosses above the slower and both lines are below zero. A sell signal takes place when the faster line crosses below the slower from above the zero line. Weekly signals take precedence over daily signals.
ADX A rising ADX line suggests the presence of a strong trend. A falling ADX line suggests the presence of a trading market and the absence of a trend. A rising ADX line favors moving averages; a falling ADX favors oscillators
Declining open interest is often a warning that the trend is near completion.. A solid price uptrend should be accompanied by rising volume and rising open interest.