In my previous post, I discussed the classic Stochastic Oscillator, its calculation interpretation and conventional usage.
This post will discuss my particular usage of the Stochastic Oscillator.
First and most importantly, I do not use %D. I use instead three iterations of %K.
My Stochastic Oscillator system consists of:
1. One 7 period fast %K […]
Of the several technical indicators used to indicate the relative overbought/oversold state of a market, I prefer the Stochastic Oscillator – although I use it in a rather unconventional manner. Before I tell you what I do with the Stochastic Oscillator let’s explore how the conventional oscillator is calculated and used.
The classic Stochastic Oscillator […]
As we stated in our post Part A – Relative Momentum Indicator, the RMI is our most valuable indicator, if for no other reason than we use it to create our Support and Resistance Values (SRVs) – the horizontal lines on our charts that provide us with definitive trading entry, exit and stop loss points.
The relative momentum indicator (RMI) is our most valuable indicator – for several reasons:
1. We use the RMI to locate our short term support and resistance values (SRVs) – this use alone would make the RMI our most valuable indicator.
2. We use the RMI to predict near term price direction.
3. We use […]
Technical Indicators – IV- Stochastic Oscillators
One of the most time honored technical indicators for determining the degree of overbought/oversold of a security is the Stochastic oscillators. Stochastic oscillators are complicated in calculation and diverse in their interpretation.
Traditionally Stochastic oscillators are plotted with at least two lines – called percent K and percent D. […]
MACD is an acronym for Moving Average Convergence/Divergence. It is used in several different ways in various trading methods. I have know more than one trader that used it as a single trading indicator.
The MACD line (the solid magenta line shown on the chart displayed in Figure 1) is a plot of the difference […]
What it is:
Bollinger Bands consist of three plots (white dotted lines in Figure 1).
The middle line is a 21 period exponential moving average plot of price.
The topmost line is a +2 standard deviation plot of the 21 period moving average of price.
The bottommost line is […]
A technical indicator should be selected on the basis of what you want it to tell you – and how it relates that information.
Short term selling is all about oscillations – we presume that price will oscillate – the battle of the bears and the bulls assures that it will do so. The oscillations […]
TBL – Technical Indicators – I-A
This is the first in a series of posts in which I am going to describe the technical indicators we use in our TBL system – including how and why we have customized them for use in our short term trading method.
There are literally dozens of technical indicators […]
Bollinger Bands are a big part of the TBL method of trading. For those not familiar with Bollinger Bands, they are simply three moving average lines plotted over the price bars. The three lines represent an exponential moving average, and two additional plots of the same moving average – one placed two standard deviations above, […]
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Author & Trader
I trade the US Bond Markets exclusively – amazed at the accuracy of the SRV’s !!George SNew York, NY
Great system – couldn’t trade without it !!Frank YDavid, Panama
the SRV’s are spot on !!Tom CUSA
Thanks for the method !! Very solid, very logical entry and exit and genius SRV’s !!Denis DRussia
“The SRV’s are amazingly accurate”.Tony Texas
….very impressed with the whole philosophy – both personal and trading, expressed in the book. I will read and revert !!Richard DUSA
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