Professional Documents
Culture Documents
Technical Analysis
Technical Analysis
Technical Analysis
BY
TALADHOON.COM
PRESENT BY
ZIERAMEZT
(Introduction)
1.
(FUNDAMENTAL ANALYSIS)
2.
(TECHNICAL ANALYSIS)
1.
2.
3.
BAR
CHART
(DEMAND) (SUPPLY)
(PRICE PATTERN)
3
(REVERSAL
TREND)
(CONTINUATION
TREND)
(SIDEWAYS
PATTERN)
(REVERSAL TREND)
(V FORMATION)
(HEAD & SHOULDERS)
(DOUBLE/TRIPLE BOTTOMS & DOUBLE/TRIPLE
TOPS)
(BROADENING
TRIANGLE)
(GAP)
(ISLAND)
(V FORMATION)
(V-Bottom)
(V-Top)
V
KEY REVERSAL DAY
V
(ISLAND)
(ISLAND)
3
(HEAD)
(SHOULDERS)
(NECKLINE)
(NECKLINE)
(NECKLINE)
SHOULDERS)
2
2
HEAD & SHOULDERS 2
(NECKLINE)
(NECKLINE)
M 2
(TRIPLE TOPS)
(DOUBLE BOTTOMS)
W
(DOUBLE TOPS)
(DOUBLE
BOTTOMS)
(NECKLINE)
(TRIPLE BOTTOMS)
(TRIPLE
TOPS)
(NECKLINE)
(ROUNDING BOTTOM)
(ROUNDING Top)
(BROADENING TRIANGLE)
3
2
(GAP)
(UPTREND)
(DOWNTREND)
COMMON GAP
BREAKAWAY GAP
HEAD & SHOULDERS
BREAKAWAY GAP
CONTINUATION/RUNAWAY GAP
(
)
CONTINUATION GAP
GAP
EXHAUSTION GAP
GAP
( GAP)
(ISLAND)
GAP
GAP
GAP
BREAKAWAY GAP CONTINUTION GAP
* (XD)
(XR)
GAP
(ISLAND)
V (ISLAND TOP)
BREAKAWAY GAP
EXHAUSTION GAP
V (ISLAND
BOTTOMS)
(CONTINUATION TREND)
2 FLAG PENNANT
(FLAG)
(BULLISH FLAG)
2
2
(BEARISH FLAG)
(PENNANT)
(SIDEWAYS PATTERN)
2
RECTANGLE
(RECTANGLE)
TRIANGLE
(SIDEWAYS)
(SUPPORT LINE) (RESISTANCE
LINE)
(TRIANGLE)
SYMMETRICAL TRIANGLE
SIDEWAYS
2
2
ASCENDING TRIANGLE
DESCENDING Triangle
( POINT &
FIGURE INTRADAY)
BOX SIZE
1 (BOX) 1
ABC
150
1
1
1
ABC
200
2
200
1 2
()
0
()
0.10
10
10
0.25
50
50
0.50
100
100
1.00
200
200
600
2.00
600
4.00
1,000
1,000
1.
6.00
O
(
O)
2.
3.
(REVERSAL) 3
O O
X 1 O
X X
O 1 X
3 ..
BOX SIZE
REVERSAL
03/0 152
BOX SIZE
1
9
149
1
5
8
04/0 152
150
5
7
05/0 153
145
5
6
06/0 147
6
145
1
5
5
07/0 146
143
5
4
10/0 146
144
1 X
5
3
11/0 145
143
1 XO
5
2
12/0 146
143
1 XO
5
1
13/0 149
142
1 XO
5
0
14/0 148
146
1 XO
4
9
17/0 148
147
XOX
XOX
4
8
18/0 150
148
4
7
19/0 152
146
OX
XO
4
6
20/0 157
152
OXOX
4
5
1
OXOX
4
4
1
O O
4
3
1
4
2
* X
INTRADAY
DAILY
(TICK)
REVERSAL
REVERSAL 2
O
X 2
1.
X
X
2.
X X
REVERSAL
O
O X 1
O
X REVERSAL
O
O REVERSAL
X X
O 1 X
O REVERSAL
POINTS REVERSAL
Pri Plot 3
ce
29 Start 3
4
32 X
3
29 O
3 X
XO
2
33 X
3 XOXOX
1
30 O
3 XOXOXO
0
28 O
2 * O OXO
9
30 No
O O
Plot 8
31 X
2
7
29 No
Plot 6
27 O
2
5
3
1.
X
X
X
2.
O
O
O
O
O
O
3.
X
5 X 1
X 5 X 3
X
X
X
X
124 119
(BREAK DOUBLE BOTTOM)
121
124 121
121
(BULLISH TRIANGLE)
(BEARISH TRIANGLE)
(BULLISH TRIANGLE)
45
(BEARISH TRIANGLE)
45
PRICE
PATTERN
(
PRICE PATTERN )
3
20 X
50 %
(Measure Move)
20 X
20 X
50 %
50% ( 30% 1 3
50%
(Measure Move)
: 3
20 O
20 X
200
MUNEHISA HOMMA
2 SAKATA
Hammer
1/3, 1/2 2/3
60%
BULLISH
ENGULFING PATTERN
(MOVING AVERAGES)
(TREND LINE) (POINT & FIGURE)
(REVERSAL
TREND)
(CONTINUOUS TREND)
50
4
(MAJOR
REVERSAL PATTERN)
(MINOR REVERSAL PATTERN)
CANDLESTICK
(REAL
BODY) UPPER SHADOW
LOWER SHADOW
BLACK CANDLESTICK
:
REAL BODY UPPER SHADOW
LOWER SHADOW
WHITE CANDLESTICK
:
REAL BODY
:
DOJILESTICK
:
:
GRAVESTONE DOJI
: DOJI
DOJI LINE
)
:
CANDLESTICK
LONG-LEGGED DOJI
: DOJI
- RICKSHAW MAN
:
HIGH WAVES
: (CANDLESTICK)
:
SHAVEN HEAD
: CANDLESTICK
(LOWER SHADOW) (UPPER SHADOW)
:
SHAVEN BOTTOM
: (CANDLESTICK)
(UPPER SHADOW) (LOWER SHADOW)
:
SPINNING TOP
: (CANDLESTICK)
REAL BODY
:
- (SIDEWAYS)
WINDOW
:
(MAJOR REVERSAL PATTERNS)
ABANDONED BABY
(UPTREND)
: DOJI STAR
WHITE CANDLESTICK
WINDOW GAP
BLACK CANDLESTICK
WINDOW GAP DOJI
STAR
:
ABANDONED BABY
(DOWNTREND)
: DOJI STAR
BLACK CANDLESTICK
WINDOW GAP
WHITE CANDLESTICK
DARK-CLOUD COVER
: BLACK CANDLESTICK
WHITE
CANDLESTICK
REAL BODY WHITE CANDLESTICK
:
ENGULFING PATTERNS
(BULLISH)
WHITE CANDLESTICK
REAL BODY
REAL
BODY BLACK CANDLESTICK
BULLISH
ENGULFING
:
ENGULFING PATTERNS
(BEARISH)
BLACK CANDLESTICK
WHITE CANDLESTICK
BEARISH ENGULFING
:
STAR
: (CANDLESTICK)
(REALBODY)
(CANDLESTICK)
:
(CANDLESTICK)
RAIN DROP
DOJI STAR
(UPTREND)
: DOJI LINE ( )
WHITE CANDLESTICK
DOJI
WHITE CANDLESTICK
:
CANDLESTICK
DOJI STAR
(DOWNTREND)
: DOJI LINE ( )
BLACK CANDLESTICK
DOJI
BLACK CANDLESTICK
:
CANDLESTICK
EVENING STAR
:
WHITE
CANDLESTICK
CANDLESTICK
REAL BODY
BLACK CANDLESTICK
BLACK
CANDLESTICK 3
REALBODY WHITE CANDLESTICK
:
CANDLESTICK DOJI
: EVENING STAR
MORNING
STAR
: EVENING STAR
3
DOJI
: MORNING STAR
SHOOTING STAR
:
(CANDLESTICK)
(REAL BODY)
2
(REAL BODY)
HAMMER
: HANGING MAN ( 3-18)
(DOWNTREND)
CANDLESTICK
REAL BODY) )
2 REAL BODY
:
INVERTED HAMMER
: HAMMER
(CANDLESTICK)
(REAL
BODY)
(REAL BODY) 2
:
(CANDLESTICK)
(REAL BODY) INVERTED HAMMER
HANGING MAN
:
HAMMER
(UPTREND)
:
PIERCING PATTERN
:
(WHITE CANDLESTICK)
(BLACK
CANDLESTICK) (REAL
BODY)
:
(BULLISH)
: (WHITE)
WHITE OPENING SHAVEN BOTTOM
:
BELT-HOLD LINE
(BEARISH)
: (BLACK)
BLACK OPENING SHAVEN HEAD
:
COUNTERATTACK LINES
(BEARISH)
:
:
COUNTERATTACK LINES
(BULLISH)
: WHITE
CANDLESTICK
BLACK CANDLESTICK
:
DUMPLING TOP
: CANDLESTICK
CANDLESTICK
:
THREE CROWS
: (BLACK)
(REAL BODY)
THREE WINGED
CROWS
:
HARAMI
: CANDLESTICK
REAL
BODY
REAL BODY CANDLESTICK
CANDLESTICK
HARAMI CROSS
:
HARAMI
(CANDLESTICK)
DOJI
PETRIFYING PATTERN
: HARAMI
TOWER TOP
: (WHITE CANDLESTICK)
(SIDEWAYS)
(BLACK CANDLESTIC)
TOWER BOTTOM
: (BLACK CANDLESTICK)
(SIDEWAYS)
(WHITE CANDLESTICK)
TWEEZERS TOP
: (WHITE
CANDLESTICK) DOJI
CANDLESTICK
:
TWEEZERS BOTTOM
: (BLACK
CANDLESTICK) DOJI
CANDLESTICK
ADVANCE BLOCK
: 3 (WHITE CANDLESTICK)
THREE WHITE SOLDIERS
:
WHITE
CANDLESTICK
CANDLESTICK
:
MAT-HOLD PATTERN
: 3 (BLACK CANDLESTICK)
(WHITE CANDLESTICK)
(BLACK CANDLESTIC)
(WHITE CANDLESTICK)
(BLACK CANDLESTICK)
(WHITE CANDLESTICK)
:
IN-NECK LINE
: PIERCING PATTERN
(WHITE CANDLESTICK)
(BLACK CANDLESTICK)
(REAL BODY)
(BLACK CANDLESTICK)
: (CANDLESTICK)
(CANDLESTICK)
ON-NECK LINE
: (WHITE
CANDLESTICK) (BLACK CANDLESTICK)
(BLACK
CANDLESTICK)
:
CANDLESTICK
(WHITE CANDLESTICK)
THRUSTING LINE
: (WHITE
CANDLESTICK)
(REAL BODY) (BLACK CANDLESTICK)
: BEARISH
IN-NECK LINE
BULLISH
SEPERATING LINES
: (WHITE
CANDLESTICK)
(BLACK CANDLESTICK)
:
SEPERATING LINES
: (BLACK
CANDLESTICK)
(WHITE CANDLESTICK)
:
STALLED PATTERN
: (WHITE CANDLESTICK)
(REAL BODY)
(WHITE CANDLESTICK)
(WHITE CANDLESTICK)
(WHITE CANDLESTICK)
(DELIBERATION PATTERN)
:
TASUKI GAPS
(UPWARD)
: (WHITE CANDLESTICK)
(WHITE
CANDLESTICK)
(BLACK CANDLESTICK)
(REAL
BODY) (WHITE CANDLESTICK) 2
:
(REAL BODY)
: 3
5
BLACK HAMMER
:
MOVING AVERAGE (MA)
(MOVING
AVERAGE)
(PRICE
PATTERN)
10
10
10
(
10
10
(
10 )
(MOVE)
( 11)
11 (
)
10
5
1.
10 (2 )
25 (5 )
75 (15 )
200 (40 )
4
12
150 30
75 15
5
10
40
(BULL OR BEAR
MARKET)
(SIDEWAYS)
-
2
5
1.
2.
3.
4.
5.
6.
40 (200 )
15 (75 )
40
2
(10 )
5 (25 )
15 (75 )
40 (200 )
-
40 (200 )
15 (75
)
200
75 200
(
)
GOLDEN
CROSS
75
(BULL MARKET)
75
() 200
BULL
DEAD CROSS
DEAD CROSS
(
15
40
) (BULL)
15
40
BEARISH
:
15 40
BULL BEARISH
10 40 12 25
MOVING AVERAGES
(LAG)
15 40
BULL MARKET
MOVING AVERAGE
SHIFT
MOVING AVERAGE SHIFT
(SHIFT)
(SHIFT)
(SHIFT)
(POSITIVE SHIFTED)
(NEGATIVE SHIFTED)
(SHIFT) SMA 10 10
()
(SHIFT) SMA 10 10
()
SHIFT
25
25 MOVING AVERAGE
(MOVING AVERAGE
OSCILLATOR)
SIMPLE MOVING AVERAGE (SMA)
(ARITHMETIC MEAN)
()
10
(Pt) 9
(Pt-1 Pt-9) 10
(BAR CHART) (LINE CHART)
SMAt =
:
SMAt
()
Pt
)
Pt-k
SMA 10, 25 75
SMA
SMA 10
(WEIGHTED) (10%)
(WMA)
t-n+1
(1)]
=
n + (n-1)+(n-2) + + 2 + 1
WMAt
Pt
)
Ptt-k
SMA
WMA 10, 25 75
SMA
SMA
SMA
WMA
MMAt =
:
MMAt
MMAt-1
Pt
:
SMA
MMA 10, 25 75
(EMA)
EMA
SMA
EMA
EMA SMOOTHING
FACTOR (SF) SMOOTHING CONSTANT SF = 2/
(n+1) EMA
EMA
EMAt
EMAt-1
SF
Pt
EMA
EMA 10, 25 75
HAMMING - WEIGHTED MOVING AVERAGE (HMA)
SPECTRAL ANALYSIS HAMMING
HAMMING
(CYCLE)
HAMMING AVERAGE
HMA 10, 25 75
MOVING AVERAGE ENVELOPES
(TRADING BANDS)
(UPPER BAND)
(LOWER BAND)
(
10 25 75 )
(FILTER)
(UPPER BAND)
(LOWER BAND)
BU
= Mat + cMAt
BL
= Mat - cMAt
BU =
BL
0 100
MAt
10, 25, 75, 200, .
(TRADING BANDS)
0 100
(BUYING RISK)
(SELLING RISK)
BOLLINGER BANDS
BOLLINGER BANDS
(MOVING
AVERAGE ENVELOPES) (JOHN
BOLLINGER)
1.
(TRADING BANDS)
2.
(TRADING BANDS)
BOLLINGER BANDS
(MOVING
2
(STANDARD DEVIATION)
5 200
BOLLINGER BANDS
10
20
50
BOLLINGER BANDS
BOLLINGER BANDS
BOLLINGER BANDS
SIDEWAYS
BOLLINGER BANDS
1.
(
)
( )
2.
()
(
)
()
(
)
PARABOLIC
(TECHNICAL ANALYSIS)
(TIME LAG)
J. WELLES WILDER
(PARABOLIC)
STOP AND REVERSAL (SAR) SAR
PARABOLIC CURVE
PARABOLIC
(LONG
POSITION)
SAR
(SHORT POSITION)
SAR
(LONG POSITION) SAR
(PRICE FUNCTION)
SAR
SAR
SAR
SAR
SAR
SARt-1 =
SARt-1
SAR
SARt
SAR
EPt
(SHORT)
(LONG)
AF
0.02
0.02
0.2
PARABOLIC
(UPWARD OR DOWNWARD)
(SIDEWAYS)
WILDER
PARABOLIC
AVERAGE DIRECTIONAL MOVEMENT (ADX) (
DIRECTIONAL
MOVEMENT) ADX
0 100 (
)
ADX
PARABOLIC
WILDER
ADX
PARABOLIC 20
ADX
PARABOLIC
ADX
SAR :
1, 4
SAR
ADX
A
SAR
ADX
B
VOLUME (VOL)
VOLUME
1.
2.
3.
(PANIC SELLING)
VOLUME
(SELLING CLIMAX)
(SELLING CLIMAX)
BEAR MARKET
1.
2.
3.
VOLUME
VOLUME
4.
VOLUME
VOLUME
5.
VOLUME
(
)
TICK VOLUME
TICK VOLUME
(FUTURE CONTRACT)
TICK (
)
TICK VOLUME
TICK VOLUME
TICK
(
)
TICK VOLUME
ON BALANCE VOLUME
(OBV)
(OBV)
(VOLUME)
DEMAND-SUPPLY
DEMAND
SUPPLY
OBV :1.
1,000 10,000
2.
3.
OBV
(DIRECTION)
2
OBV
= OBV
OBV
= OBV
OBV
(CONFIRMATION)
(UPTREND)
OBV
(DOWNTREND) OBV
OBV
(DIVERGENCE)
OBV
OBV
1.
OBV
OBV
OBV
2.
(TRENDLINES)
OBV
3.
(MOVING AVERAGE)
OBV
OBV
OBV
OBV
(ABV)
10 , 25 , 75 200
ABV
ABV
(OBV)
CUMULATIVE VOLUME (CV)
(WEIGHT)
CV
VOLUME
CV
VOLUME
CV
CV
CV
CV
OBV
VARIABLE ACCUMULATION/DISTRIBUTION (VAD)
VAD
(MOVING AVERAGE)
OSCILLATOR
(ACCUMULATION) VAD 0
(DISTRIBUTION) VAD
0
OSCILLATOR VAD
Oscillator
CLOSE - OPEN
*VOLUME
HIGH - LOW
VADn
ACCUMULATION ()
(BULL MARKET)
DISTRIBUTION ()
(BEAR MARKET)
VAD O
VAD O
VAD
VOLUME ACCUMULATION OSCILLATOR (VAO)
VAO VOLUME ACCUMULATION
(VA)
OSCILLATOR ()
VA
(WEIGHT)
(
)
VA
VA
VAO
3
10 VA
3 10 (LINE)
(HISTOGRAM) 0
VA VAO
VA
= (CLOSE-LOW)-(HIGH-CLOSE) *VOLUME
HIGH-LOW
VAOn
3
10
VAO
0
3
10
VAO 0
VAO
OSCILLATOR
(TREND LINE),
(MOVING AVERAGE)
(SIDEWAYS)
OSCILLATOR (
)
OSCILLATOR
OSCILLATOR
10 14
CCI
CCIt
MD =
Mean Deviation
(MAt - Pn) / n
n
TPt =
( + + ) / 3
MAt =
10
Pi
CCI
-100 +100
( BISNEWS
-200 +200) 0
0
+100 (+200)
-100 (-200)
0
0
+100
-100
ACCUMMULATION/DISTRIBUTION OSCILLATOR (ADO)
ADO
A/D OSCILLATOR
ADO
ADO=
Bp
HIGH
LOW =
=
=
-
-
0 - 100
2
ADO
ADO
(DIVERGENCE)
1
B A
ADO b
a
DIVERGENCE
Y
X ADO
y x
ADO
ADO
(50)
ADO
100
ADO
ADO (50)
ADO 0
ADO
0
HLO
HLO
HIGH - CLOSE
t-1
MAX (A, B, C)
*100
MAX (A,B,C) =
A
- 1
1 -
-100 +100
0
1
(
)
1.
+100
2.
-100
3.
OSCILLATOR
STOCHASTICS
STOCHASTICS
STOCHASTICS
STOCHASTICS
%K
%K
%D
=
STOCHASTICS
%K
( ) - (
n )
( n ) - ( n
)
%D =
(n ) %K
STOCHASTICS
STOCHASTICS
OVERSOLD
20%
%K %D
STOCHASTICS
OVERBOUGHT
80%
%K %D
(RIGHT-HAND CROSS-OVER)
%K
%D
2
%K %D
(RIGHT-HAND CROSS-OVER)
HINGE
STOCHASTICS
(DIVERGENCE) 2
BEARISH DIVERGENCE
STOCHASTICS
BULLISH DIVERGENCE
STOCHASTICS
SET-UP
STOCHASTICS
BULL SET-UP
BEAR SET-UP
STOCHASTICS
FAILURE
KNEE
%K %D
SHOULDER %K %D
GARBAGE 2
GARBAGE TOP
%K %D
STOCHASTIC
V SPIKE
BOTTOM
GARBAGE BOTTOM
GARBAGE TOP
0% 100%
0%
(OVERSOLD)
TECHNICAL REBOUND
0%
WEAK
100 %
(OVERBOUGHT)
(STRONG) STOCHASTIC
100% STOCHASTIC
(TECHNICAL CORRECTION)
OVERBOUGHT
FAST STOCHASTIC
STOCHASTIC
SLOW
STOCHASTIC
STOCHASTIC
%K %D
(OVERBOUGHT)
STOCHASTIC
80%
(OVERSOLD)
%D
%K
100
STOCHASTIC
20%
%D
%D 80%
%K
80%
%D
FORMULA
FAST %k
NUMBER OF PERIODS
SLOW STOCHASTIC
SLOW STOCHASTIC
FAST
STOCHASTIC
SLOW STOCHASTIC
MOVING AVERAGE
MODIFIED
SLOW %K
FAST %K
PERIOD
FORMULA
SLOW %K = 3 Period Modified Moving Average of FAST %K
%D =
SLOW STOCHASTIC
FAST STOCHASTIC
MODIFIED STOCHASTIC
MODIFIED
STOCHASTIC
FAST STOCHASTIC
SLOW STOCHASTIC
FAST
STOCHASTIC
MODIFIED MOVING
AVERAGE
%D
SLOW
STOCHASTIC
MOVING AVERAGE
%D
%K
MODIFIED STOCHASTIC
FAST
SLOW
STOCHASTIC
WILLIAM %R
%R
%R
%R
= HIGHn CURRENT
LAST
LOWn HIGHn
HIGHn
LOWn
%R
0
100
100
SCALE
WILLIAMS
%R
-90%
%R
10%
(OVERBOUGHT )
0 10
(OVERSOLD)
90 100
MOMEMTUM
OSCILLATOR
(COUNTER TREND)
(OVERBOUGHT)
(OVERSOLD)
MOMENTUM =
P Pn
Pn
()
1.
2.
(TRENDLESS)
3.
(SIDEWAYS)
(DIVERGENCE)
(CENTER LINE)
LINE
ZERO
0
n
(SIDEWAYS)
(DOWNTREND)
10
10
10 10 10 10 10 10 10 10 10 108
0
2
2
3
7
4
8
5
6
6
7
7
4
8
8
10
11 12 13 14 15 16 17 18 19 20
11 11 11 11 11 11 11 11 11 108
0
(10
)
10 13 9
10
12 2
11 1
15
5
14 4
18 8
17 7
(CENTER LINE)
(TREND)
(DIVERGENCE)
BEARISH DIVERGENCE
BULLISH DIVERGENCE
(SMOOTHED VERSION)
MAn =
MOVING AVERAGE MOMENTUM
MOVING AVERAGE
MOMENTUM
MOVING AVERAGE MOMENTUM
(DIVERGENCE) 14 RSI
(RSI)
(INTERNAL STRENGTH)
14 14 RSI
RSI =
14 RSI
100 - 100
1+RS
RS
14
14
RSI =
100
XU
U+D
(
14
)
D
(
14
)
RSI 14
Day
Clo U
D RSI
se
0
100
102 2
104 2
103
101
98
97
97
98
99
10
98
11
99
12
101 2
13
103 2
14
106 3
Average of U
14/
14
Average of D
8/
14
RSI
63.6
4%
(OVERBOUGHT &
OVERSOLD)
14 RSI
70%
30%
14 RSI
OVERSOLD
14 RSI
OVERBOUGHT
14 RSI 5
1.
(TOP) (BOTTOM)
70 30
2.
OVERBOUGHT OVERSOLD
3.
14 RSI
(FAILURE SWING)
OVERBOUGHT
OVERSOLD
RSI 70
(A)
RSI (AC)
RSI (B)
3.
(C)
(B)
(A B)
RSI
30
RSI
RSI
(B)
(A)
(AC)
3.
4.
RSI
-
TRENDLINES,
MOVING AVERAGES
5.
RSI
NEGATIVE DIVERGENCE
(DIVERGENCE)
(C)
(A) RSI (C) RSI (A)
RSI
POSITIVE DIVERGENCE
(C)
(A) RSI (C)
RSI (A)
RSI
1.
70
30
2.
PENETRATION)
3.
RSI
4.
RSI
(DIVERGENCE)
RSI
DIRECTIONAL MOVEMENT INDEX
OSCILLATOR
DIRECTIONAL
MOVEMENT INDEX
0-100
+DMN
TRN
-DI =
-DMN
TNN
+DMN
+DM
+DM
-DMN
-DM
-DM
TRN
(Hightoday - Lowtoday)
(Hightoday - Closeyesterday)
(Closeyesterday - Lowtoday)
DM
DM + -
+DM
-DM
3
1.
(C)
(A) (D)
(B) C+A +DM
2.
(C)
(A) (D)
(B) D-8
3.
-DM
(C)
(A) (D)
(B) 2
C-A +DM
D-B
-DM
:
DM
ZERO DM
DI
DM
DIRECTIONAL MOVEMENT
DIRECTIONAL INDICATIOR (DI)
DIRECTIONAL INDICATOR
DI 14
DI 14 14 J. Wells Wilder
14
+DI14 -DI14
DI +DI14 -DI14
(
)
(BUY SIGNAL)
+DI14 -DI14 (
) (SELL
SIGNAL)
DIRECTIONAL OSCILLATOR
+DI -DI
(DO)
-DI
+DI
+DI -DI
-DI -DI
J.WEELS WILDER
DIRECTIONAL INDICATOR (DI)
DI
J.WELLS WILDER
AVERAGE DIRECTIONAL INDEX (ADX)
ADX
14
14
ADX
ADX
DXt+DXt-1+DXt-2++DXt-n+1
DX =
(+DI) - (-DI)
(+DI) + (-DI)
ADX
DXt
ADX
0-100 ADX
20-25
DI
DI (+DI -DI)
ADX 20-25
DI
/
MOVING AVERAGES CONVERGENCE/ DIVERGENCE
- (4-6
)
- (MACD)
MACD
GERALD APPEL ..1979
(TREND FOLLOWING)
(DEGREE) BULL
BEAR
MACD
2
EXPONENTIAL
12 25 ( 26 )
MACD
(SIGNAL LINE) MACD
MACD
SIGNAL LINE =
EMA
SCALE 0
1.
MACD
2.
MACD
3.
(BUY
SIGNAL)
4.
(SELL
SIGNAL)
5.
6.
7.
MACD
8.
MACD
9.
BULL
10. MACD (SIGNAL LINE)
BEAR
MACD
MACD
STOCHASTIC MOMENTUM
MACD
DIVERGENCE
MACD
(DIVERGENCE)
DIVERENCE MACD
2
1.
NEGATIVE DIVERGENCE
MACD
2.
POSITIVE DIVERGENCE
MACD
NEGATIVE POSITIVE DIVERGENCE
MACD OSCILLATOR (MACDO)
MACD OSCILLATOR (MACDO)
MACD OSCILLATOR
MACD
(SIGNAL LINE)
MACD OSCILLATOR
MACD OSCILLATOR
M/A OSCILLATOR =
=
MA1 =
1 -
2
MA1 - MA2
MA2 =
MA1
5 10
25
75
1.
(TREND)
MAO
MAO
2.
MAO
(OVERBOUGHT)
MAO
(OVERSOLD)
/
ADVANCE / DECLINE LINE (A/D LINE)
A/D LINE
(
) (
)
A/D
A
=
=
(A-D) + A/D
A/D LINE
A/D LINE
1,000 10,000 20,000
A/D
1000
46
162
-116
884
31
177
-146
738
67
109
-42
696
100
57
43
739
30
181
-151
588
A/D LINE
2
1.
BEARISH CONVERGENCE
A/D LINE
BULLISH CONVERGENCE
A/D LINE
BEARISH CONVERGENCE
2.
2
BEARISH DIVERGENCE
A/D LINE
A/D LINE
A/D LINE
()
BULLISH DIVERGENCE
A/D LINE
A/D LINE
BEARISH DIVERGENCE
A/D LINE
(MOVING AVERAGE)
A/D LINE
(SUPPORT) (RESISTANCE)
SUPPORT RESISTANCE
()
10 25
75 200 A/D LINE
A/D LINE
A/D LINE
A/D LINE
(POSITIVE)
A/D LINE
(NEGATIVE)
A/D LINE
A/D LINE
( A/D LINE )
( A/D LINE )
A/D LINE
A/D LINE
SMA 10
A/D LINE
SMA 25
A/D LINE
SMA 75
A/D LINE
SMA 200
A/D LINE
SMA 10
A/D LINE
SMA 25
A/D LINE
SMA 75
A/D LINE
SMA 200
TREND LINE
(TREND LINE)
,
, POINT & FIGURE
RSI, MOMENTUM
(UPTREND)
(DOWNTREND)
(SIDEWAYS TREND)
(UPTREND)
(UPTREND LINE)
(DOWNTREND)
(DOWNTREND LINE)
(SIDEWAYS TREND)
(UPTREND)
(DOWNTREND)
(SIDEWAYS)
()
()
(SUPPORT LINE)
(RESISTANCE LINE)
(CHANNEL)
3
(BEARISH SUPPORT AND RESISTANCE)
(PARALLEL LINE)
(PARALLEL
LINE) (CHANNEL)
XY A
B A PQ
PQ
(PITCHFORK)
PITCHFORK
3
SPEED LINES
TRENDLINES ()
PERCENTAGE RETRACEMENT (
)
DESON GOULD OF
ANAMETRICS
3 SPEED LINES
PERCENTAGE RETRACEMENT SPEED LINES
(
)
SPEED LINES
3 SPEED LINES
1/3 2/3
3 SPEED LINES
1/3 2/3
SPEED LINES (2/3)
SPEED LINES (1/3)
SPEED
LINES (2/3)
SPEED LINES
SPEED LINES
SPEED LINES
SPEED LINES (2/3)
SPEED LINES (1/3)
SPEED LINES (2/3)
SPEED LINES
SPEED LINES
SPEED LINES
SPEED LINES
FIBONACCI
FIBONACCI
LEONARDS FIBONACCI .. 13
(Regular)
1, 1, 2, 3, 5, 8, 13, 21, 34,
55, 89
1 2 3 3 5 8
4
0.618
1.618
0.618 1.618
1/1
= 1.0
1/1
= 1.0
= .5
2/1
= 2.0
2/3
= .667
3/2
= 1.5
3/5
= .60
5/3
= 1.667
5/8
= .625
8/5
= 1.6
8/12
= .
13/8
1 / 2
= 1.625
615385
13/21
= .
21/13
= 1.61538
= .
34/21
= 1.61905
= .
55/34
= 1.61765
= .
89/55
= 1.61818
619048
21/34
617647
34/55
618182
55/89
618056
(Golden Ratio)
(Parthenon)
FIBONACCI
(FIBONACCI LINES)
(TIME ZONES)
2 ( 1 2)
( 3)
(FIBONACCI LINES)
(Horizontal line)
,
38.2% 50.0%
61.8% (FIBONACCI RATIO)
38.2%, 50.0% 61.8%
A B
C, D, E A
B
JUNE SEP.
C
E
D
( C)
4
JUNE-SEP.
SEP.
D E
MAY
(
FAN LINES )
FAN LINES 3
FAN LINES
FAN LINES
(TIME ZONES)
FIBONACCI
FIBONACCI
FANLINES TIMEZONE
FAN LINES
FAN LINES
TIMEZONE FAN LINES
FIBONACCI
3
FIBONACCI
38.2%, 50.0% 61.8%
GANN THEORY
GANN THEORY W.D. DAN
SUPPORT RESISTANCE
RESISTANCE SUPPORT 100%
100%
50%,
25% 12.5%
W.D.GANN 2
GANN THEORY
GANN
(GEOMETRIC ANGLES) GANNS
GEOMETRIC ANGLES
45
1 X 1
PRICE ANGLE GANN
1 x 8
82.5
1 x 4
75
71.25
1 x 2
63.25
45
18.75
7.5
1 x 3
1 x 1
2 x 1
26.25
3 x 1
4 x 1
15
8 x 1
1 x 1
1
( , )
1 UPTREND
DOWNTREND
1X2
1
2 2x1
2
1
GANN 45
45
BULLISH BEARISH
BULL
45
BEAR
45
45
PERCENTAGE RETRACEMENT
GANN
10
1/8 =
12.5%
2/8 =
1/3 =
3.3%
3/8 =
37.5%
4/8 =
50%
5/8 =
62.5%
2/3 =
67%
6/8 =
75%
7/8 =
87.5%
8/8 =
25%
100%
SUPPORT
RESISTANCE
GANN THEORY
GANN
GEOMETRIC ANGLES
PEAK BOTTOM
1x1
UPTREND DOWNTREND
FEB. PEAK
DOWNTREND LINE 1X1 RESISTANCE
APR.
TREND BOTTOM
MAR.
1x2
APR.
SUPPORT 1x2
SUPPORT 1x1
JAN.-FEB.
GANN LINES
JAN UPTREND 1x4
1x1
A 90
SUPPORT
JAN BOTTOM
GANN LINES
UPTREND 7 1x8
8X1
PEAK FEB.
GANN LINES
DOWNTREND PEAK
UPTREND 1X1
DOWNTREND 1X2
90
STRONG SUPPORT
COMPARISON
COMPARISON
(Relative Strength)
COMPARISON
COMPARISON
(Fundamental)
(Overweight)
COMPARISON
/
/
/
/
/
COMPARISON
Price X
Price Y
Price X
Price Y
COMPARISON
COMPARISON
Pattern, Moving Average, RSI, Stochastic Trend
Line
COMPARISON
COMPARISON
(COMPARISON) :
: (SET9)
(II30a)
: (SETBANK)
(SET 9)
: (KTB9)
(SETBANK)
COMPARISON)
No of
new
memb
er
New CV
Gross
(300 CV)
New CV
To calc
50%
Autoshi
p
(80 CV)
Total
GV
GV
each
Leg if
Balance
d
1
2
3
4
5
6
7
8
9
10
2
4
8
16
32
64
128
256
512
1,024
300
600
300
1,200
600
2,400
1,200
4,800
2,400
9,600
4,800
19,200
9,600
38,400 19,200
76,800
38,400
153,600
76,800
307,200 153,600
11
2,048
12
4,096
160
480
1,120
2,400
4,960
10,080
20,320
40,800
81,760
300
150
760
380
1,680
840
3,520
1,760
7,200
3,600
14,560
7,280
29,280 14,640
58,720
29,360
117,600
58,800
235,360 117,680
165
68
160
344
712
1,466
2,993
6,011
12,340
24,705
6,930
2,856
6,720
14,448
29,904
61,572
125,714
252,454
518,280
1,037,60
2
2,026,28
2
3,113,41
0
Basic
Bonus
150
15
38
84
176
360
728
1,464
2,936
5,880
11,768
18
73
147
588
1,177
20,000
Mega
Match
Total
Income
42 Baht
FS
Bonu
s
Leadersh
ip
Bonus
Total
Incom
e
1 USD
30
76
168
352
720
1,456
2,928
5,872
11,760
40,00
0
74,12
9
1. 200
2. ATM (
15 )
3.
80 CV 3,400
4. Auto Ship (
)
5. 2
: Zieramezt@hotmail.com