Real-Time Charting with my system codings.

Six months ago, I decided to move from Shareinvestor Webpro to Shareinvestor Station. As you know, the Station edition is of higher value and thus more tools are provided for serious traders to leverage on.

In the course of understanding and learning to use the platform, I asked myself that if I could have my EOD trading system coding and scanners in the Station as my real-time trading tools, wouldn't that be great? it will definitely improve my probability to trade shorter term time frame as well.

Therefore I embarked on a journey to find out and learn how to interpret Station programming functions and tools.
As I have been codings in Metastock language, l thought it should be simple for me to understand Station coding Syntax and I should be able to programme it anytime I wish.

Nevertheless, it turns out to be quite different for me. As such, I wrote numerous emails to Shareinvestor Support team for assistance on my codings and frankly speaking, I am willingly to pay a fee for the consultancy.

Instead, the support team asked me to send what I wanted to have and shared my sample codings in Metastock which the
support team assisted to code it in Station language. I was so delighted to have the 1st indicator on the Station.

Relative Strength Line (RS) is born. RS is simply dividing the stock price / major index. This indicator is not lagging instead in it leading me to understand what is going next. if the RS >0, it simply tells me that the stock is currently outperformed the index and have more room to the upsides when the Index starts to catch up.

Over the months, I continued to code other part of my EOD system into the Station, next is the Advanced Cutloss line which is coded to keep my money safe and sound when there is trouble.

Overall, I am grateful for Shareinvestor support team for this assistance. Thanks Guy.. If I manage to swin full time at home one day, you will be my greatest mentor. deeply appreciated.

2018 is a year of dog, and this is my year. Will end 2018 with abundances and prosperity...

Life is a journey of seeking truth... I have found my path and its time to stay focus and make things happen.

Cheers

Happy Trading!

Testing a new scanner that picks up trading after a sell-off shown by the BLUE Arrow.

Testing a new scanner that picks up trading after a sell-off shown by the BLUE Arrow.

Note that the black line (advanced stop short) will continue to go horizontal to support the price acceleration until exhaustion where it will move up vertical to meet price. Selling occurs after 2x red bars appear.

Backtesting has been great.. Its time for real business...

 

 

 

 

 

 

LHN - Will price continue to trade higher with enormous volume on 28th December 2017?

Base on price action, it is highly possible that the price may test 0.245 level. But will the uptrend continue?

We need to see the next few bars, if the price is weak, we shall witness higher price bar with narrow spread and high trading volume. If the price is still strong, we shall see negative price bar with below average volume, trading above 0.23.  Lets see what happen tomorrow......

How to determine that an uptrend is reversing soon?

No stock will continue to go up, up and away. This is true if you agree that "Whatever goes up, will come down one day" but when?

When trading, always look at the left side of the chart, look and feel if the background is still moving up with supporting volume or reducing volume. This insight will give you the trading edge when you decide to take a trade later.

Stay focus and 2017 will be the greatest trading year with good profits for active traders.....

Cheers

How well is my expert scanner doing in the market using virtual money?

How to know if the stock is about to reverse after a selling spree?

How to achieve trading goal as a beginner?

Hi

I have created the above template for friend who starting to learn to trade.

The above is based on 5% returns per trade, 3 or more successful trades per month to achieve this amount.. Can be contra trading or short term swing trade…

 It can be achieved… This table sets the stage for an individual to do his/her homework every day for 30mins, scan the market, pick any stock that can generate the amount required for the month. At the same time, It also caution trader not to lose too much capital so that he/she can catch up

Later in the next trade….

 

How to achieve the goal?

 
Equip yourself with a market scanner that picks up stock that about to trend or already trending. It can be long or short order, no of lots to buy base on position sizing tool from my website.

Perform risk management by estimating the cut loss level, profit level, entry level and exit level.

Stay confident with the trade unit it shows weakness and exit immediately.

Stay focus on the monthly goal… Do anything to get it done, no excuses…just do it