CKDJ: Super Random Indicator, based on the strength of stock price trends and the phenomenon of overbought and oversold, enhancing the accuracy of DKW, DK, and STZ indicators.
Next, let's look at the usage techniques for the DK bottom-fishing signal indicator.
1. Components of the DJ indicator: Upper and lower lines, red and yellow.
The DK indicator has two lines; the upper line is the resistance line, and the lower line is the support line. Red color represents an uptrend, yellow color represents a downtrend.
2. How to use the DK indicator for bottom-fishing?
There are two scenarios for bottom fishing. One is before a breakout in a rising market, which can be understood as chasing the price. As shown, on September 11, when NVIDIA's stock price rebounded from 107 to over 112, the stock price was continuously breaking new highs along the resistance line, eventually closing at 120. This bottom fishing scenario is limited to a strong upward trend. Generally, when the stock price rises by about 5-7 points, there will be an occurrence.
A bottom fishing buy point is when the stock price reaches a new high for the first time, touches the upper resistance line and enters a pullback, and then challenges the new high position again in a short time. At this time, the DK Indicators show a red shape, and the CM Indicators indicate that Block Orders are in control. Such a scenario is often suitable for chasing the price.
Simon 5183 : Institutions now all use AI big data trading software, which can adapt trading strategies to environmental changes at any time. The previous technical chart is no longer able to display the fusion of stock market trading.
斯似楼阑 OP Simon 5183 : So you should have also discovered that our indicators are not system indicators. Edited by ourselves
斯似楼阑 OP Simon 5183 : I can only say that we are keeping up with the times. We are also retail investors, but the stock indicators codes we are currently using are sufficient for us.
Xinghuang Gao : Hello, thank you for sharing. Can indicators also be shared?
斯似楼阑 OP Xinghuang Gao : It is convenient for the group members who already have indicators to use. Now it is not convenient to share, sorry buddy, sharing is inevitable.
70065450 : Search for moomoo indicators yourself, you can find DKW, Double Stairs, etc.