The oscillator I used in Moomoo to trade stock is EMA (Expon...
The oscillator I used in Moomoo to trade stock is EMA (Exponential Moving Average), BB (Bollinger Band), IC (Ichimoku Kinko Hyo) FIB Retracement, Trend-Base FIB Extensions.
For indicator I used Volume, RSI, MACD and custom MCDX and "armed my chart" with that indicator.
Strategy huh? For oscillator I mostly used to find Support And Resistance area, Entry And Exit point. For example when using EMA when the short period EMA cross up with medium or long period EMA then that indicate bullish momentum.
For indicator I mostly used it to find overbought and oversold area, finding convergence and divergence area and can determine momentum movements whether the price will falls or rising. For example MCDX oscillator can determine whether the stock price will rise or fall by observing the bar color, if the red color bar is full then the percentage of price to rise is higher. (I used red bar colors to spot institution entry, some will prefer green color).
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment