This is just a quick test to see what the MetaStock chart looks like here. Oh the fuzzy chart. Click to enlarge but still fuzzy. Hmm. I will have to check into creating a non-fuzzy chart.
The following chart is of ADCT. This is not a recommendation to buy or sell this stock. Due diligence is your responsibility. If you need professional investment advice then find a professional.
This is the new picture that I now gaze upon. Must be careful not to become just a 'chart gazer' and also not to get trapped into thinking that MetaStock somehow holds the holy grail. Endless hours of coding and looking for just the perfect indicator. Learned long ago there is no such thing.
The ribbon at the bottom shows the information from the indicator. Orange down, green up, and gray for neutral. The price colors match the ribbon colors except when neutral, which are depicted as red for down and black for up. Very basic.
With "If my aunt had b-lls, she would be my uncle." in mind this would have been a good trade. If only if. The move from near the start of March until now is from about 3.50 to over 6. Not bad at all. Again, if only if.
My general goal is to work out a method for pulling out the situations where the color change is from orange to gray to green. Easy to say. Since I am still on the learning curve the details are still in the gelling state. It is also late so stuff will just have to wait until later.
MetaStock EOD was used to create the chart.
Thank you for your time.
No comments:
Post a Comment