Discover and read the best of Twitter Threads about #charting

Most recents (6)

Our ace chartist @bbrijesh posts the Index chart in his video. Let us understand on how he creates this index in Tradingview to analyze the charts. #Index #TechnicalAnalysis #charting
There are 2 ways to create an index - Equal Weighted Index #EWI and Market Cap Index #MCI. 1. EWI is used when maximum stocks are from large and midcap. 2. MCI is used when max stocks are midcap and smallcap.
To plot EWI, the stock price is just added and it is plotted on the chart. For Eg. I have taken 10 stocks - #Reliance #LT #TCS #Infy #BajFin #Dixon #DivisLab #Titan #RECLtd #BharatForg Check #chart attached
Read 8 tweets
Waiting for a daily close above the resistance by 3% margin is a trading tactic Edwards & Magee discussed in their book Technical Analysis of Stock Trends.

For some of you this might be a too late entry. Remember that trading tactics can be different for each trader/investor.
As there is no perfect stop-loss placement, there is also no perfect entry condition. Sometimes you can miss the breakouts due to gap openings. I'm sure many of you managed to position well into this H&S continuation breakout. Image
There are several ways to trade a chart pattern. From anticipatory positions before the breakout to buying during re-test after a breakout...

However, there is only one way to identify a text-book classical chart pattern. This one was a H&S continuation.
Read 6 tweets
Point and Figure Charts now come with built-in Bullish and Bearish pattern recognition

🚀Double Top
🚀Double Bottom
🚀Triple Top
🚀Triple Bottom
🚀High Pole
🚀Low Pole
🚀Significant Column

Go to Appearance tab and activate the patterns

#pnf #patterns #charting #pointfigure
Bullish Double Top and Bottom
Triple Top and Triple Bottom
Read 4 tweets
Indicator on Indicator (beta) -

Another premium feature in other popular platforms is now available for FREE in GoCharting.

Please follow the steps in this thread

#premium #indicators #charting #advanced Image
Click on the Indicator series legend and select "Add Indicator" option Image
A new Indicator selection menu will appear to choose from Image
Read 5 tweets
Due to the rapidly evolving situation, I'm sorry to say that there will be no new #Charting episode this week. There's no shame in playing it safe. BUT - did you think I wasn't gonna make charts anyway? Let's do this in 280 characters or less! (THREAD)
#Onward tops the box office, despite barely eking out a $10 million weekend gross. #Bloodshot debuts in second place, but #IStillBelieve & its $12 million budget may be the real winners here. Ironically, after being pushed due to controversy, #TheHunt was barely noticed.
Just how bad was this weekend? Here's the gross for the second weekend in March for the last 10 years. COVID-19's first significant effects on the North American market are crystal clear. The bad news? This is just the beginning, as most theaters that were open are now closed.
Read 12 tweets
A ton of new enhancements based on feedback received from all closed Beta users will go for a weekend deployment
#gocharting #beta #charting 🙏🙏
All enhancement have now been deployed
Fibonacci Extension drawing tool added
Contributor: @Crumbs_Social @ThisIsCryptoDE…
Read 23 tweets

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