Tuesday, March 14, 2017

AO research continues

Is the 5 min setting up the move or can you trade 1 min as standalone?

As can be seen from the 5 min AO is already gold before the green line, price moves above the 20lwma, last 3 bar reversal signal a buy, 1 min ma's cross and the first higher low after the cross has the tick mark. Note the angle and separation on the ma's.




Similar story with Dax. 5 min AO solid blue, price below the ma and 3 bar reversal sell signal. 1 min cross and the lower high with the tick mark shows where the 5 min closed with the 3 bar reversal. Again note the angle and separation on the ma's.




Here GJ's 5 min AO has turned blue again but the 1 min ma angle and separation has no comparison to the above trades, see the x.





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