Recent content by Chart Lion

Bollinger Bands are very useful in this instance. Look for a bollinger band squeeze which is when consolidation happens, i.e. the bands are very close together. Try using a simple 20 day Bollinger with 2.0 standard deviations. Bollinger band squeezes also signal a period before the prices...

On Balance Volume is a powerful tool. Particularly when looking for divergence. Brilliant stuff! Chart Lion

I backtest to optimise. I have done it for MAs, indicators etc but now mostly backtest in order to optimise stoplosses (let's face it with some instruments particularly if they are a little more volatile you may need a stoploss that allows you to stay in the trade and catch that profit). For...

I've found backtesting particularly good for optimizing stoplosses. Has been very useful in my trading. Chart Lion

Not sure why my previous post was deleted?? I was saying a lot of stuff is free but how much is actually good? Yahoo finance and google finance offer free data and charts for stocks but from a chartist perspective, and for someone who uses intraday real-time data I certainly wouldnt go to...

Cool summer offer for Updata TraderPro RT. If you're not into FX there are more incentives. This is by far the best charting package in the market IMO: http://www.updata.co.uk/summeroffer/ Chart Lion

Hi Marcell. You can do this in TraderPro. Let me know if you want me to show you and I'd be happy to :)

Feel free to do so janeLHX. I would be keen to help as I was once a newbie like you.

Well if you are keen on trading/spreadbetting on UK equities, which is how I started, it's easy to open an account with say finspreads or CMC markets. Depending on what theory you have you can then look for lots of resources online on analysis methods etc. I'm a chartist (i.e. I use mostly...

What instruments are you looking at + region?