EMA Trading Technology - For Intraday Or Swing Trades

Discussion in 'Technical Analysis' started by indrajit_16, Mar 5, 2009.

  1. sdebu_2000

    sdebu_2000 Active Member

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    Nice work Indrajit,
    But One question does RSI for 2 period support long entry for ABB? (as per ur strategy).Please elaborate.Thanx in advance
    Debdulal
     
  2. indrajit_16

    indrajit_16 Member

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    RKK,

    Yes RSI-2 is 2 period RSI. In this case 2 days.

    Regards,

    Indrajit
     
  3. indrajit_16

    indrajit_16 Member

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    Debu,

    One limitation of auto-generated icharts images is always RSI-2 figure is not accurate. I am sorry, should have mentioned it earlier. Pls use auto generated figures for RSI trend and reconfirm RSI-2 value in icharts charting page or in ur charting software. Still RSI-2 in ABB is 87.01. So it is a good buy now too.

    Regards,

    Indrajit
     
  4. rkkarnani

    rkkarnani Well-Known Member

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    Thanx, was a bit doubting as had never come across RSI of 2 periods in any trading strategy.
    Thanks for sharing.
    All the best.
     
  5. indrajit_16

    indrajit_16 Member

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    Friends,

    As Karthik the moderator is not allowing me to share the link of the auto generated page, which unfortunately is in my blog, so u r requested to do ur own exploration for this 5 EMA technique. U can do so in icharts or in any good charting software.

    Regards,

    Indrajit
     
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