iCharts Discussions

[systrader]

There are various indicators and Moving averages Like MACD, STS, ATR SMA, EMA, DMA, WMA It seems often that they are lagging in nature and the main trend is judged/ catched only after the trend end's or about to end leads to significant loss or minor profit. So what is the solution for that Is there any possibility to catch the trend as it starts/Ends ?????


The answer:-
YES
But How?????


and which among them to given more importance.........
Views are welcomed.

[newinvestor]

Its a good topic to discuss.

I have found RSI divergence as a good indication of a chance for reversal.

Also, candlestics ( Hammer etc) and candlestick patterns ( evening star, morning star etc)

[ktpillai]

[Rebel]

systrader,
i would like to add an option named heikin-ashi candle patterns.just plot them and try yourself....it helps alot to catch trends virtually.

[systrader]

Please feel free to write which will help more and more new traders..

Its personal choice to adapt any one (These are which I personally experienced)

Moving Avg are lagging by nature they signals breakout and gives confirmation after moving few points and if market moves in range bound they leads to triggering SL many times they only helps when the market is in trending phase. another ones will be discussed step by step if any one have any doubt/query feel free to write/comment......


you can try any Mov Avg if it is smaller then leads to noice/useless and if higher enough early trend reversal catching is not possible. If you use smaller Mov Avg for catching the early reversal which may actually prove the retracement level.
However half of total Traders would use Movg avg for trading.

[preetsd]

you have use some indicators in combination and observe what is happening with its price

but you gotta statistically tets the indicator back on time and then only you can confirm

[CONTENT REMOVED BY ADMIN]

[systrader]

CHECK IT

[SwingTrader]

preetsd,

Your forum access has been removed for posting your company advertisement.

[pkholla]

systrader: there is an IC provided indicator in J Ch Premium which is called DMA: displaced moving average.
Try the settings 8 periods MA and 3 periods displacement to the LEFT. Either arith or expon will do as per your appetite.
When the DMA cuts into the price line then trend is less and it MAY be an alert for you to exit the trade
Always use with other indicator/s that you trust
Prakash Holla

[drsureshbs]

[Rebel]

[saumya12]

[yoginishreyas]

Hello,

This is good topic to discuss, new traders like me find it very difficult initially to plot where to enter or exit.

I draw my conclusion to enter at crossover of moving averages but it did not work when price move sideways but then in such cases I need to pivot points to find out s/l or entry point.

Personally i believe that their is nothing called perfect set up, if your strategy gives 60-70% probability then it is best strategy after all investment in stocks IS subject to market risk but then your logic works best in such cases. Main focus should be to earn much more returns then your bank can offer you without wiping out your coral capital.

If you don't bet, you can't win. If you lose all your chips, you can't bet.



Regards
Shreyas

[systrader]

Moving Average Failure instead of gain it lead to loss Various indicators will be discussed step by step........ However Moving average have gained only 8% vote means lesser number of people are using them..

[singh.ravee]

as per my limited knowledge, price structure helps in catching trend early.