September 1 (Fri): [Bollinger Bands] Nikkei 225 vs Bitcoin (Course: Review of formulas)
Good morning☀
It's a long-awaited morning post?
My son's summer vacation is over, and we’ve returned to our usual routine?
（Finally he went to school～～～ ε-(´∀｀*) Feeling relieved）
Now, for the long-awaited course,
“Review of formulas”.
If you still happen to be looking at X (formerly Twitter),
● You don’t need to memorize the formulas.
● You can trade even if you don’t know the formulas.
I happened to see such foolish remarks?
(I don’t usually check Twitter timelines, but I had some spare time while waiting for a flight, so I looked.)
What about indicators?
Indicator misperception ~ Formula edition ~
https://www.gogojungle.co.jp/finance/navi/articles/38557
Please read along as it also explains here.
Will the moving average turn up or turn down?
There are too many people who don’t even know that?
Just because the close yesterday was higher doesn’t mean the simple moving average (SMA) will slope up?♂️
Indicator misperception ~ Formula edition ~
https://www.gogojungle.co.jp/finance/navi/articles/38557
An example introduced here?
If it rose from 98 to 102 and today is 101
Yesterday’s 5SMA = 100, today’s 5SMA = 100.6 (formula omitted)
Therefore even if today’s close is lower, the 5SMA rises.
In simple terms…
98 is removed from the formula, and 101 is added to the formula. In other words,
by comparing the close five days ago with today’s close, you can tell whether it will go up or down.
Currently, in “A Decoding Guide to Bollinger Bands,” BB parameters are explained with 21.
※ It doesn’t have to be exactly 21.
If it is 5SMA, today is day 0 and you compare with the close five days ago.
If it is 21SMA, you would be comparing with the close 21 days ago..
I published this topic because I received a question.
That question was
“I find it bothersome to always compare with the close 21 days ago…”
(´～｀)ン━━━━…
Well, I’ve received this question quite a few times even during the salon days, so I’m not surprised when it comes.
My honest feeling is
https://www.gogojungle.co.jp/finance/navi/articles/38557
Indicator misperception ~ Formula edition ~
It’s also introduced here
● Lagging Span
● Momentum
Why not use them? lol
Please take a look at the indicator.
● Lagging Span (yellow line on the main chart)
● Momentum (pink line on the sub-chart)
Therefore, if it’s above “0,” the SMA is rising.
If it’s below “0,” the SMA is falling.
I use Lagging Span
※ I don’t know the original concept and use of Lagging Span in the Ichimoku Kinko Hyo.I use it as a simple tool to know where the 21st period will be, to think about which direction MA might go.Now, regarding the answer to the question,Visually easy to understand is Lagging Span.Understand the indicator’s formula well,think about which direction MA is likely to move in the future,and work to improve the scenario accuracy using Bollinger Bands ( ・ㅂ・)و ク゛ッ !(Note: The following is limited to members.)
I use it as a simple tool to know where the 21st period will be, to think about which direction MA might go.Now, regarding the answer to the question,Visually easy to understand is Lagging Span.Understand the indicator’s formula well,think about which direction MA is likely to move in the future,and work to improve the scenario accuracy using Bollinger Bands ( ・ㅂ・)و ク゛ッ !(Note: The following is limited to members.)
Now, regarding the answer to the question,
Visually easy to understand is Lagging Span.
Understand the indicator’s formula well,think about which direction MA is likely to move in the future,and work to improve the scenario accuracy using Bollinger Bands ( ・ㅂ・)و ク゛ッ !(Note: The following is limited to members.)
think about which direction MA is likely to move in the future,and work to improve the scenario accuracy using Bollinger Bands ( ・ㅂ・)و ク゛ッ !(Note: The following is limited to members.)
and work to improve the scenario accuracy using Bollinger Bands ( ・ㅂ・)و ク゛ッ !
(Note: The following is limited to members.)
