chart view .......rakia, page-2

re: chart view .......rakia.stoplosses backtested This template assumes a moderate TA knowledge.
please dont ask for a laymans summary...


Found that using volatility based stops is not accurate given the trading period .

Here is Richard Dales Expert ATR Chandellier stops website....
http://www.tradernexus.com/advancedstop/advancedstop.html

I have used fairly loose ATRs 4 and 5 on the charts
(the blue and red)
overlaid are also Count back lines x 3 from high green and Low in Pale blue..The yellow EMA is at 20 periods.

The Equis Momentum Oscillators show a stochastic Buy 3 periods back and a CCI commodity channel buy triggered as oversold buy on Friday..
I have added my Zero lag MACD on the top, you just can see a buy triggered on Friday..

repeating from the previous post a safe buy or add is a 19 close.. let it run and use a backtested trailing stop.

Take your pick which method best suits your risk profile.





As this will be a fairly hot stock this week
Escape clause
all the above is IMO
I am wrong half the time and use a stoploss..
TA critisism / opinion very welcome