A magic indicator - Please review and comment

Discussion in 'Technical Analysis' started by perfecttip, Apr 11, 2010.

  1. perfecttip

    perfecttip Member

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    Dear Friends,
    In the next few days I shall be posting screenshots of some charts with an indicator below it. Please notice the crossovers at the indicator and the price movement along with it.

    Please offer your valuable comments and criticism for this indicator. And we shall discuss about the indicator in more detail.

    Thank you.

    [​IMG]
     
    karin_jack likes this.
  2. AlokTewari

    AlokTewari Well-Known Member

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    Is there going to be mega launch of this magic indicator on some aupicious day & time or what ? :annoyed:
     
  3. perfecttip

    perfecttip Member

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    Any comments ?
     
  4. karin_jack

    karin_jack Active Member

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    its RSI and EMA(rsi) :cool:
     
  5. bharatk8

    bharatk8 Active Member

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    you guessed it right
     
  6. trade man

    trade man Member

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    plz tell us something abt this indicator
     

  7. rkkarnani

    rkkarnani Well-Known Member

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    Hi Perfect, If you could mark in the Chart the candles/bars where crossover took place, it will be easier to comment.
    Trust it is not a quiz for us to guess what the indicator lines are??
     
  8. rkkarnani

    rkkarnani Well-Known Member

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    Cannot be!!! Just see the values of the lines in the indicator?
    The lines closing values are 5808 and 2592 and that too for a stock trading around 182/183!!!
     
    karin_jack, prasham and columbus like this.
  9. dineshrishi

    dineshrishi Member

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    do we need magic wand and rosary etc before using magic indicator:rofl:
     
  10. vssoma

    vssoma Well-Known Member

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    come on man, reveal the secret......no more tension.................
     
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