Google                   TC2000 - Version 12.4 - How to Use Worden Chart Indicators

TC2000 - Version 12.4 - Chart Indicators

                     by Martha Stokes CMT

                  

Price Oscillators Enhanced for the Modern Market by Martha Stokes CMT

How to Create and Use Center Line Price Oscillators

Most traders are very familiar with the standard Price Oscillators which have a high and low range. These Price Oscillators are common and found in nearly every charting program. There are Stochastic, Williams R, Wilder’s Relative Strength Index and many more oscillators created specifically for determining “Overbought” or “Oversold” conditions.

Stochastic however was written in the 1950’s which was an entirely different market than we have today. Nowadays Technical Traders find that Stochastic tends to give a false negative or a false positive signal, just as the stock is beginning a Momentum or Velocity run up with exponential point gain potential. This often frustrates traders who are still using only the older theory of Overbought/Oversold Trend Conditions.

Today with High Frequency Trading Firms HFTs trading stocks in massive order flow on the millisecond scale, Price often appears “Overbought” with the standard Price Oscillators when it is just starting a big run. Often times Overbought Patterns shift to the “Floating Oscillation” Pattern which is a failed signal, due to extreme momentum energy that was not present in the trading environment when these indicators were written.

Using Price Oscillators Enhanced for the Modern Market is a method that TechniTrader teaches exclusively. TechniTrader shows how to create a CENTER LINE Oscillator very similar to Volume Center Line Oscillators. Using Volume and Price Oscillators together can be a huge benefit in entering stocks earlier out of Bottoms and Tops, which are often flat or basing these days rather than Triple Bottoms or other older style Bottoming or Topping  patterns you may have been taught.

Adding a relational center line that trends with the Price Oscillator can reveal patterns in advance of sudden big moves. See the chart example below.

Wilder’s RSI with its one line for oscillation is the most adaptable and easiest patterns to learn, when incorporating this kind of Center Line Oscillation into your indicator tool set. It was written in the 1970’s and is unique for a Price Oscillator. Instead of just calculating Overbought/ Oversold, its formula analyzes current price action to prior price action similar to what many Volume Oscillators track. This helps reveal Dark Pool activity which tends to precede the sudden runs and gaps caused by HFTs. This makes it an invaluable indicator to use for Short Term Trading.

The Floating Center Line has a softer Oscillation, which provides pivotal signals in the Price Patterns. This Hybrid Indicator can be applied to many other Price and Volume based Indicators as well. This Price Oscillator Enhanced for the Modern Market provides a more three dimensional and Relational Analysis™ that is needed for the more complex Market Structure of today.

Oscillators can be far more valuable and useful when adaptations and adjustments are made to the older indicators. This gives the Technical Trader more indicator signals, more analysis scope, and further breadth of understanding of Price action. The more a Technical Trader UNDERSTANDS price behavior, the better trading decisions they can make.

Using both Center Line Price Oscillators and Volume Oscillators, enhances and improves the overall indicator analysis for all Trading Styles. Each Trading Style will require modifications to the settings and periods for each Indicator.

The RSI/RSI Indicator is part of the TechniTrader Indicator Tool Set provided to Students with instructions on how to use it with all the Variables, Combination Indicators, Indicator Settings, and Periods. It is one of the most versatile of all the price indicators, and is a Price Oscillator Enhanced for the Modern Market.

Not yet TechniTrader Students can use this theory to design their own Indicators. The ideal Oscillators have one Oscillation Line rather than two.

Go to the TechniTrader.com Learning Center to  view a Leading Hybrid Indicator video HERE. Sign Up for full access.

Followers may request a specific article topic for this blog by emailing: info@technitrader.com

Trade Wisely,

Martha Stokes CMT

TechniTrader technical analysis using a TC2000 chart, courtesy of Worden Bros.

Chartered Market Technician
Instructor and Developer of TechniTrader Stock & Option Market Courses

Copyright ©2016 Decisions Unlimited, Inc. dba TechniTrader.  All Rights Reserved.
TechniTrader is also a registered trademark of Decisions Unlimited, Inc. 

Disclaimer: All statements, whether expressed verbally or in writing are the opinions of TechniTrader its instructors and or employees, and are not to be construed as anything more than an opinion. Student/subscribers are responsible for making their own choices and decisions regarding all purchases or sales of stocks or issues. At no time is any stock or issue on any list written or sent to a student/subscriber by TechniTrader and its employees to be construed as a recommendation to buy or sell any stock or issue. TechniTrader is not a broker or an investment advisor; it is strictly an educational service.

Posted on May 21, 2016 by Registered CommenterMartha Stokes CMT | Comments Off | EmailEmail | PrintPrint

Removing Sidebar Ads Affects Millions of Businesses by Martha Stokes CMT

How Google is Killing the American Dream 

Once upon a time, an amazing company emerged from the search engine mayhem of the 1990’s. It was a company with a vision that set it apart from all other search engines. It made Google the most powerful search engine in the world, and built a huge loyal advertiser customer base.

Now, Google is systematically destroying the opportunities it once provided to small businesses. It is on a quest is to create a “fix-it quick” strategy for dealing with the problems it faces on its SEO pages on smart phones and other very small mobile devices. This unwittingly is also destroying its largest base of customers, the 8-10 million small businesses in the US that use Google paid Ads for their advertising.

How Google is killing the American Dream is by eliminating the Sidebar Ads. Google has made a fast patch to a huge problem it faces, but it has also created a more serious problem that investors need to realize before it ends up on Google Earnings Reports.

Mobile devices are small, and the Google search display that works wonderfully well on laptops and desktop computers is a mess on smart phones.  Ads end up being at the bottom or in odd places.  Google’s solution was an inferior, poorly constructed, poorly evaluated solution. It appears Google officers and marketing teams did not stop consider the impact on their huge small business customer base.

Previously there was a level playing field where every business that paid for Google Ads had a fair chance of showing up on the first page in the sidebar, if not within the top 3 Ads on the page. However the current Google Ads specifically and solely placed for mobile devices, is seriously flawed.

Now only the huge corporations show at the top of the page, and all smaller firms are delegated to the bottom of the page or the second page where no one bothers to search or look and is how Google is killing the American Dream.

That may appear to some people as a practical solution, however consider this reality that there are only 500 huge Fortune 500 Companies.

There are at any time 8-10 million small businesses, which are companies with less than 50 employees down to sole proprietorships in the US. Right now there has been a surge of new small businesses over the past couple of years so the numbers are up.

Google’s Fortune 500 Companies advertise and have huge millions of dollars budgets, but there are only 500 of them. Where Google has made its massive income over the past 12 years since it IPO’d is small businesses advertising, 8-10 million of them adds up to billions of dollars in revenue.

Already, there are numerous complaints from the small business advertisers on Google. Many small firms have seen their impressions and clicks slump, or worse having costs rising exponentially just to stay at the bottom of the first SEO page for any particular keyword.

Google is making the biggest mistake of its life as a public company. Catering to the minority of its advertisers, and ignoring the plight of the huge group of small businesses will affect their income at some point.

Smaller firms may find Google is just too expensive for bottom placement Ads. They may migrate to Facebook or other alternative advertising venues.

What is most disturbing in all of this is the fact that Google appears to have lost its once stellar reputation, for trying hard to provide an equal and level advantage for ALL businesses and not just a few. Clearly, those now running Google have lost sight of what made Google a mighty force to be reckoned with during its best years.

 

It is no surprise its stock gapped down in April and is now at the low of its Trading Range. Quiet Rotation™ by giant funds is evident in the charts of both GOOG and GOOGL, and the Percentage of Shares Held by Institutions PSHI Indicator is slowly but steadily dropping and is now well below other big blue chip companies. A vote of no confidence appears to be building, as this new search and advertising marketing strategy has many serious flaws, and is how Google is killing the American Dream.

Google needs to create a search format that works on mobile but it also needs to remember that there are still billions of laptops, desktops, and other devices that are full screen, even PADs. Sure mobile use is on the rise, but decimating the equal opportunity for advertisers who are their largest customer base is simply foolish.

Go to the TechniTrader.com Learning Center for stock market educational videos HERE. Sign Up for full access.

Followers may request a specific article topic for this blog by emailing: info@technitrader.com

Trade Wisely,

Martha Stokes CMT

TechniTrader technical analysis using a TC2000 chart, courtesy of Worden Bros.

Chartered Market Technician
Instructor and Developer of TechniTrader Stock & Option Market Courses

Copyright ©2016 Decisions Unlimited, Inc. dba TechniTrader.  All Rights Reserved.
TechniTrader is also a registered trademark of Decisions Unlimited, Inc. 

Disclaimer: All statements, whether expressed verbally or in writing are the opinions of TechniTrader its instructors and or employees, and are not to be construed as anything more than an opinion. Student/subscribers are responsible for making their own choices and decisions regarding all purchases or sales of stocks or issues. At no time is any stock or issue on any list written or sent to a student/subscriber by TechniTrader and its employees to be construed as a recommendation to buy or sell any stock or issue. TechniTrader is not a broker or an investment advisor; it is strictly an educational service.

Posted on May 12, 2016 by Registered CommenterMartha Stokes CMT | Comments Off | EmailEmail | PrintPrint
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