Hello friends,
This stream will be under construction for the first couple of months of 2020. Please keep an eye here as I work on a detailed description of my charts and custom built studies. Since I run these charts for myself all day anyway I may as well start streaming them for all my friends and family that may be interested. I do work full time but will be attempting to stream the chart 24/7 and be available in the chat from 7-8pm EST daily.
NOT FINANCIAL ADVICE DO YOUR OWN RESEARCH
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NOT FINANCIAL ADVICE DO YOUR OWN RESEARCH
OK I am going to try and keep this a simple as possible.
After many years of difficulty trying to gauge overall market direction to time my trades with, I have developed the STT oscillator. It is the combined momentum of the entire NYSE and Nasdaq exchanges.
Lets start with the study shown in the lower portion of the large charts, this is my market momentum indicator.
The horizontal line is the 0 level in the scale and it is color coded green when the momentum is rising, and red when it is falling. The oscillator line is color coded green when it is positive or above 0, and red when it is negative or below 0.
The upper portion of each chart includes a simple moving average of price and is color coded green when both price action and market momentum are positive, and red when one or both are negative.Also the background color of each chart is color coded the same as the simple moving average line, which is my favorite feature because i can quickly see the current condition of each time frame when i look at the charts from my phone during the day and know if any action or deeper analysis is needed instantly.
If you have further questions please try to catch me in chat 7pm to 8pm EST .