Simple, effective D analysis

Using D chart as beginning of analysis. Some basic techniques that work well.

We use RSI 8 with 50 level and 8 lwma.

One of the more prolific ea writers around puts in a standard option to filter above/below 50 level D RSI on ea's for lower time frames. I have used above/below 50 level for years.

See the lines on chart attached. D chart analysis, I have simple process of D close pos or neg, has price crossed 8lwma, RSI crossed its sma, RSI crossed 50 level, D on higher low or lower high.

We could have a negative close in uptrend that cannot cross down on 8 lwma and RSI doesn't cross its ma. Thats a weak candle, gives me doubts as to follow through. See the 2nd half of Aug, several red close days that could not cause RSI cross or 8 lwma cross.

When all my boxes ticked then I can be quite happy price will follow through. So when I have a D higher low, positive engulfing close like 16 Aug with price cross of lwma, RSI cross its sma and above 50 level then can really be confident of buys from 17 Aug.

On 24 Oct we have all boxes ticked for sells from 25 Oct.

Then its just a question of moving down to lower time frames waiting for entries in line with bias.