(A) MACD indicators (moving average convergence and divergence)
The convergence and divergence of MACD moving average was created by Gerald Apple. It uses long-term and short-term smooth average lines to calculate the difference between them as the basis for judging market transactions.
Buying and selling principle:
1.DIF and MACD are above 0, and the overall trend is bull market. DIF breaks through MACD upwards and can buy. If DIF falls below MACD, only the original order can be closed, and no new order can be entered.
2.MACD DIF is lower than 0, and the overall trend is short market. If DIF falls below MACD, you can buy it. If DIF breaks through MACD, it can only close the original order and is not allowed to pay new bills.
3. Bull Deviation: The stock price has two or three recent lows, and the MACD does not match the new low, so you can buy it.
4. Bear Deviation: The stock price has two or three recent highs, and the MACD does not match the new high and can be sold.
5. High-end products cross down twice and low-end products cross up twice.
(B) DMI indicators
DMI (directional movement index) index was first proposed by J.Wells Wilder in the book "New Concept of Technology Trading System" in 1978. The DMI index reminds investors not to enter the world of consolidation and trading. Once the market becomes profitable, DMI will immediately guide investors in and out at the right time, which is one of the indicators that have attracted much attention in recent years.
Buying and selling principle:
1 hour. +DI across -DI.
2. Sell when +di and -DI cross.
3. When ADX turns around above 50, it means that the market trend is over.
4. When ADX falls below _+DI, it is not appropriate to enter the market for trading.
5. When the ADXR is between 20 and 25, it is appropriate to take the reaction secret of TBP and CDP as the trading reference.
(3) DMA indicator
The DMA difference of the moving average is calculated by using the average lines of two different periods, and then divided by the number of days in the base period.
Buying and selling principle:
1. The solid line crosses the dotted line upward and buys;
The solid line goes down through the dotted line to sell.
2.DMA can also observe the deviation of stock price.
(D) TRIX indicators
Trix (Triple Exponent smma) is the triple exponent of SMMA. This indicator is similar to MACD and belongs to the long-term trend indicator. It is easy to give wrong signals in consolidation or short-term shock market. In the long-term trend, this indicator filters out a lot of unnecessary fluctuations, and the effect is quite good when used in conjunction with an average line of TRIX.
Principle of buying and selling
1. The indicator of consolidating the market is not applicable.
2.TRIX crosses the TMA line to buy. TRIX goes down through the TMA line and sells.
When TRIX deviates from the stock price, it should be noted that it will reverse at any time.
4.TRIX is a triple exponential smooth average.
BRAR index
BR and AR cannot be used alone, but must be used together with AR index, which can effectively help investors identify high-priced circles and low-priced circles. BR stands for popularity index. According to anti-market psychology, sell when the market is enthusiastic and buy when the market is pessimistic. AR stands for the stock price momentum index, which measures the real potential kinetic energy of the market and provides trading signals through subtle changes between the two.
Buying and selling principle:
1.BR= 100 is a state of balanced strength.
2.BR & ltAR and ar
3.BR fell by half from the high end, and the stock price rebounded.
4.BR rose by half from the low level, and the stock price returned to the file.
5.BR & gt300 and above enter the high-priced circle.
6.BR & gtAR, then change to br
7.AR & gt 180 or above, entering the high-priced circle.
8.AR & lt 100 fell sharply, resulting in AR.
(6) CR index
The biggest difference among CR, BR and AR is that the calculation is based on the middle price. Although the price is higher, the energy center of one day is lower than that of the previous day, which is an important point that cannot be ignored. CR can be used independently of BR and AR, which provides a rare reference for stock price fluctuation. CR itself is equipped with four moving averages, which is several days ahead of CR. On the other hand, the average lines form strong and weak bands with each other to predict the stock price.
Buying and selling principle:
The average line period of 1. CR is divided into A, B, C and d4 from short to long.
2. The band formed by C and D is called the main band, and the band formed by A and B is called the secondary band.
3. When Cr falls below the band for two consecutive days, buy.
4.CR will also deviate from the stock price.
5. When Cr rises 160% from the belt, sell it.
6. When Cr falls below 40 and returns to the secondary band, and the A line turns from the bottom to the top, buy.
7. When Cr rises above the belt and the A line turns from the top to the bottom, it should be sold.
8. The main belt and the auxiliary belt respectively represent the main pressure support and the auxiliary pressure support area.
9. When the 9.Cr is above 300, it will gradually enter the high-grade area, and pay attention to the change of line A. ..
(viii) ㈧OBV index
OBV is the main analysis tool of American investment analyst Lee glanville. #20; Energy is the cause, stock price is the result? #20; This is one of the most important analysis indicators for the analysis of trading volume.
Buying and selling principle:
1. The N-type fluctuation of OBV must be observed.
2. When the OBV exceeds the previous N-shaped high point, record an upward arrow.
3. When the OBV falls below the previous N-shaped low point, record a downward arrow.
4. Accumulate 5 upward or downward arrows, which is a short-term reversal signal.
5. Accumulate 9 downward or upward arrows, which is a mid-term reversal signal.
6. When the N-type fluctuation increases, it should be noted that the market may reverse at any time.
(9) ASI index
ASI cumulative swing index was created by Welles Wider, who tried to design an induction line by adjusting the myth of the index about opening and closing, thus representing the real market, and provided a quite incisive explanation for the breakthrough of pressure line and support line, the confirmation and deviation of new highs and new lows. Theoretically, ASI digitalizes the high point of shock, which really defines the short-term shock point. On the other hand, it is really powerful.
Buying and selling principle:
1. The stock price is at a new high and low point, but ASI is not at a new high and low point, indicating that this high and low point has not been confirmed.
2. The stock price breaks through the pressure line or support line, but ASI is not accompanied, which is a false breakthrough.
3. The significant high and low points formed before ASI are regarded as ASI stop loss points; When the bulls were long, ASI fell below the previous low and stopped selling; When shorting, ASI broke through the previous high stop loss.
(10) EMV index
The movable value (EMV), formerly known as ease of movement value of Arm, was designed by Richard W.ARMS Jr based on the principle of isometric drawing and compressed drawing. Arms tries to combine the changes of price and volume into an index and observe the market movement without motivation. When less trading volume can push up the stock price, the value of EMV will increase. Similarly, when less trading volume can depress the stock price, the value of EMV will also decrease. However, if the stock price needs to be pushed up by large trading volume, EMV will tend to 0.
Buying and selling principle:
The increase of 1.EMV means that the value of representative quantity decreases and the price increases; The EMV value drops, which means the quantity drops and the price drops.
2.EMV tends to 0, which means that the crossover is large; EMV & gt； 0, purchase; EMV<0, for sale.
(Xi) WVAD indicator
Wvad (Williams' variable accumulation/distribution) is a weighted index of quantity, price and momentum designed by Larry Williams, and its function is to measure the explosiveness of buyers and sellers from opening to closing.
Buying and selling principle:
1. When the indicator is positive, the impulse representing many parties is dominant and should be bought.
2. When the index is negative, it means that the momentum of the empty side is dominant and should be sold.
3.WVAD is a measure of the combat effectiveness balance between long and short sides from the opening to the closing of the stock price.
4. When using WVAD indicator, the parameter should be set to long-term.
(XIII) W%R indicator
W%R was written by Larry Williams in How Do I Make a Million Dollars? Written in 1973. First put forward in the book, the full name is "Williams overbought/oversold index". This is an index to measure the intensity of market fluctuation, which refers to the principle of buying when it is strong and selling when it is weak, and provides investors with a reference for trading.
Buying and selling principle:
1.W%R is between 100%-0%; Bottom 100%, top 0%.
2. Set the oversold line. When the price runs between 80%- 100% and then rises above 80% again, this is a buy signal.
3. Set up an overbought line. When the price fluctuates between 20% and 0%, and then falls below 20% again, this is a selling signal.
4. Set a central axis, when the market crosses from bottom to top, it means confirming the buying signal; When the market crosses from the top to the bottom, it indicates that the selling signal is confirmed.
(14) synthetic aperture radar index
SAR (stop loss reversal), also known as parabola, is the simplest analysis tool in Velda system, which belongs to a system that pays equal attention to time and price. Because every point that constitutes this index moves in an arc, it is named parabola.
Buying and selling principle:
1. If the closing price on any day is higher or lower than SAR, short or long stop loss trading shall be conducted.
2. Any stop-loss trading is also regarded as a real change, and traders must change their positions and engage in new trend trading.
3. closing price > SAR, short stop loss.
4. Closing price
(XVI) CCI index
The full name of CCI is commodity channel index, which was founded by Donald R.Lambert. This index is applicable to both futures commodities and stock prices. It mainly measures the variability beyond the normal price range.
Buying and selling principle:
1. When the stock price deviates, it is an obvious warning signal.
2. The constant fluctuation range is between positive and negative 100, with positive 100 as overbought signal and negative 100 as oversold signal.
3. Measure the variability outside the normal price range.
(XVII) ROC index
ROC (Rate of Price Change) is expressed by comparing the price n days ago with the price today. This index was introduced by Gerald Apple and Fred Hitschler in the book "Stock Market Trading System". The cycle of 12 and 25 days can achieve considerable results.
Buying and selling principle:
1.ROC has the principle of overbought and oversold.
2. The overbought and oversold range of individual stocks is slightly different with different price ratios, but it is generally between plus and minus 6.5.
3. When ROC reaches the oversold level, buy it; Buy when you reach the overbought level.
4.ROC can also deviate from the stock price.
(18) Microphone indicator
Mike base is another form of path index. Based on the typical price, we can find its three belt supports and pressures: weak, medium and strong.
Buying and selling principle:
Line 1. Weak -s, medium -s and strong -s represent primary, intermediate and strong support.
2. The three lines of weak R, medium R and strong R represent primary, intermediate and strong pressure.
3.MIKE Base is a path indicator, calculated according to the typical price, including three bands: support and pressure.
Graphical representation, please follow the data.
(20) oscillation
OSC formula = closing of the day-average line price of several days.
When the shock point is greater than 0 and the stock price trend is still rising, it is a bullish trend.
Conversely, when the shock point is less than 0 and the stock price trend is downward, it is a short trend.
OSC can use tangents to study rising and falling signals.
OSC can indicate entry and exit points through morphology.
If OSC deviates from the price, the reversal day is not far away.
(XXI) EXPMA (Expma)
Usually only two lines are set, and the parameters are 5 and 20. When the short-term index average crosses the medium-term average from bottom to top, it is a buying signal, and when it crosses from top to bottom, it is a selling signal. The exponential average is similar to the general average and can be used as a reference for pressure and support.
(22) BIAS is referred to as Y value.
The fourth and fifth of the eight rules of Grameen's moving average suggest that the stock price is too far away from the moving average, and whether the stock price is above or below the moving average, it may tend to the moving average. But it doesn't mean how far the stock price is from the moving average, it is a trading opportunity, and the deviation rate is the technical index of this principle. Deviation rate can be divided into positive deviation rate and negative deviation rate. If the stock price is above the moving average, the deviation rate is positive, otherwise it is negative, and when the stock price is the same as the moving average, the deviation rate is zero. With the strength of the stock market, the deviation rate shuttles above or below zero. It can be seen from the long-term graphic changes that the selling time is when the positive deviation rate is above a certain percentage, and the buying time is when the negative deviation rate is below a certain percentage. The skyrocketing bull market and the plummeting bear market will make the deviation rate reach an unexpected percentage, but it appears rarely and for a short time.
Apply rules:
To what extent is the right time to buy? Different people have different opinions and there is no unified principle. Moreover, the deviation rate between stock price and various short-term moving averages is different. Users can only judge the strength of a market as the basis for buying and selling stocks. The following rules are for reference only.
1, the difference between the stock price or index and the five-day moving average of -3% is the buying opportunity; +3.5% is a selling opportunity.
2. The stock price or index and the ten-day moving average of -4.5% are buying opportunities; +5% is a selling opportunity.
3. The difference between the stock price or index and the 20-day moving average is -7%, which is the buying opportunity; +8% is a selling opportunity.
4.-1 1% of the stock price or index and the 60-day moving average is the buying opportunity; +1 1% is a selling opportunity.
(XXIII) Psychological Defense (PSY)
Psychological line is a literal translation of English name psychological line, which studies the psychology and facts that investors tend to be buyers or sellers in a certain period of time. As a reference for buying and selling votes, domestic investors generally draw psychological lines with ten days as samples, and the calculation formula is as follows:
/kloc-the number of days that the psychological line rises in 0/0 days.
Psychological line = ——————————— *100
10
For example, 10 day, if it rises for five days and falls for five days, the psychological line is 5/ 10=50%, and then mark this on the percentage chart. As each day goes on, the percentage of each day is connected and becomes a psychological line. It is best to compare the psychological line with the K line, so that we can better understand the overbought or oversold situation from the stock price changes. From the psychological point of view, when a rising market starts, there are usually two oversold lows. Therefore, if investors observe the psychological line and find that the oversold phenomenon is serious on a certain day, the probability of falling below this point in the short term is extremely small. When the psychological line changes upwards and falls back to this point again, it is an opportunity to buy. Or vice versa, Dallas is in the audience. Therefore, there will be more than two trading points before the rising or falling market starts, so that investors have sufficient time to judge and decide the future direction of the stock price, and then make the final decision of entry and exit.
Apply rules:
(1). Before the rising market starts, the oversold low usually appears twice. Similarly, before the decline begins, the highest point of overbought will appear twice.
(2) The percentage of 25-75 is normal distribution.
(3) More than 75% or less than 25%
Moving average
1. Use three moving averages.
Two moving averages are better than one moving average, and the combination of three moving averages is better than the first two, so it is called triple crossing method.
In the stock market, people often use the triple combination of 5-day, 10 and 30-day moving averages, and in the futures market, they also use the triple combination of 4-day, 9-day and 18-day moving averages. In the stock market, if five antennas are connected to 10 antenna and 10 antenna is connected to 30 antennas, then the buy signal is much more reliable than the combination of two moving averages. On the other hand, the selling signals sent by antenna 5 through antenna 10 and antenna 10 through antenna 30 are also effective.
4-day, 9-day and 18-day EMA combinations are the most widely used combinations in the futures market. In the upward trend, bulls should have a 4-EMA higher than 9 antennas and 9 antennas higher than 18 EMA; Conversely, the short positions are arranged in the following order: 4 balanced EMA, 9 balanced EMA, 18 antenna.
When the upward trend turns to the downward trend, the four-day moving average, the most sensitive short-term moving average, falls below the nine-day moving average and the 18 moving average, which is only an early warning signal for selling. Steady investors often have to wait until the 9-day moving average of the short-term moving average falls below the 18 moving average before they think that the selling signal is confirmed.
2. The moving average is applicable to any time scale.
The moving average is mainly used for daily charts, but it can also be used for longer-term trend analysis and shorter-term research. The stock market has a combination of 13 weekly moving average and 30-week moving average, which can be used to judge the main trends and reversals that began a few years ago; In the futures market, the moving average can be applied to the daily chart to guide short-term operation.
When the market is in an obvious upward or downward trend, the EMA will give a clear trading signal, and its working state is the best. However, when the market enters a small fluctuation of the sideways index, the signals given by the moving average are often contradictory and very vague, and this time is frequent, reaching more than half or even more of a trading day.
Because of this feature, we should not rely too much on the moving average, but should combine it with other technical indicators.
3. Advantages and disadvantages of moving average
Advantages:
(1) When trading with the moving average principle, risks can be defined to minimize losses;
(2) When the trend changes and the market starts, the trading profit is considerable;
(3) The combination of moving averages can judge the real trend of the market.
Disadvantages:
(1) When the market is adjusted, the buying and selling signals are too frequent, which is easy for investors to step on the wrong;
(2) The best combination of moving averages can't be judged, and often changes due to market conditions;
(3) The buying and selling signals of EMA alone can't give sufficient basis, but generally rely on the assistance of other technical indicators.
4. The trading signal of the moving average-granby's eight trading rules
(1) The average line gradually changes from falling to market or rising, and the stock price breaks through the average line from below, which is a buying signal.
(2) Although the stock price fell below the moving average, it immediately rose back to the moving average. At this time, the moving average continues to rise, which is still a buying signal.
(3) The trend of the stock price is on the average line, and the stock price does not fall below the average line and immediately reverses and rises, which is also a buying signal.
(4) If the stock price suddenly plummets, falls below the average line and is far from the average line, it may rebound and rise, which is a buying signal.
(5) The average line gradually changed from rising to closing or falling, and the closing price fell below the average line. To sell signals.
(6) Although the stock price broke above the average, it immediately fell below the average. At this time, the moving average continues to decline, which is still a selling signal.
(7) The stock price trend is below the average line, and the stock price rises without breaking through the average line and immediately reverses and falls, which is also a selling signal.
(8) If the stock price suddenly soars, breaks through the moving average and stays away from the moving average, it may rebound and fall back, which is also an opportunity to sell.
In fact, the more teaching-assisted analysis, the better. You will feel confused if you read too much. Only by choosing a few familiar ones and understanding their advantages and disadvantages can we bring good results. I usually use MA,, and RSI. ...