Utilization of "Visualization Indicators" (Part 14)
Use of the "Visualization Indicator" (part14)
"8CFDAnyCFDversiontoPALL (Palladium) drawn.
The top half shows thePALL-DEC21 1-hour chart, and the bottom half shows the visualization indicated by theAnyCFD version. The period is2021 year9 month16 day to10 month22 day.
In the "Visualization Indicator," the graph drawn with a red thick line corresponds toPALL.
Other metal CFDs,CFD such asGOLD,SILVER,PLAT,HGCOP, were shown for comparison withOIL,USD500,JP225 at the same time.
On the 9th day, the red graph spread the most to the bottom. I enter a short position.3 days later, the graph rose, so I exit.
On the 10th day, the red graph spread the most to the top. I enter a long position. The graph peaked the next day, so I exit.
The "Visualization Indicator" excels at taking only the tasty parts, without strain.
"Visualization Indicator" basic procedure is
(1) wait for convergence
(2) after breaking through a set of charts, currency pairs
(3) enter in the direction of the breakout
That’s all.