Chapter | 5SIGNALS FROM MOVING AVERAGES ARE FREQUENTLY ABSENT IN REAL-TIME CHARTS

“How did I miss such an obvious signal like that one?” Chances are that you did not miss the signal; it may not have been present when you were considering the trade. Many traders suspect that signals may have appeared differently to them in real time, but few take the time to really explore the character of the indicators from which they trade. What do I mean by the “character of an indicator”? The character of an indicator is how it moves across the computer screen relative to other indicators or data. The character is also the psychological change we experience because the computer changes the y-axis scale to display for us a range defined by the maximum high ...

Get Technical Analysis for the Trading Professional, Second Edition: Strategies and Techniques for Today’s Turbulent Global Financial Markets, 2nd Edition now with the O’Reilly learning platform.

O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.