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Showing results for tags 'indicator'.
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Hello, After reading How to Day Trade for a Living, and listening to classes 1-5 at BBT, I have a question concerning chart configuration. The chart is from ThinkorSwim (ToS) and not DAS. The attached chart (pdf format) shows EBS on 6/27/16. I configured my chart per the book and classes. However, I feel that it is still too cluttered. Can you briefly review the chart and let me know what, if any, indicators need to be removed or even added. Not sure if I posted this in the correct forum. This is my first post with BBT. BBT EBS June 27 2016 5m Chart.pdf
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Hello BBT members, I have noticed that 50&200 EMAs seem to provide more accurate support / resistance than SMAs. I did a couple screenshots on some of the popular stocks for comparison, see below. It does not work in every case, but in general the EMAs seem to "hug" the candles more often and more closely. I think I'm switching to 50&200 EMAs. What are your thoughts?
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- moving average
- indicator
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