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Here on useThinkScript, we dive deep into the latest discussions and highlight the most valuable indicators, set ups, and strategies which could give you the edge in this week's markets. Scroll down to check out this week's must reads, carefully selected by uTS Moderators! |
ALEK$TO$ said: This indicator is inspired by traditional statistical histograms. It will return the number of occurrences of price falling within each interval of the linear regression channel. This can be useful to highlight zones of interest within a trend. csricksdds said: |
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samer800 said: Harmonic, wave and Fibonacci indicator is designed to identify various harmonic patterns, wave formations, and Fibonacci retracements directly on your charts. The script offers a comprehensive toolset for traders who use technical analysis to spot potential market reversals and continuation patterns. |
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MerryDay said: The CANSLIM scanner is a STRATEGY for trading fundamentally strong stocks. I like the fundamentals portion of the scan, but not overly impressed with the strategy. Here is a similar scan for just the fundamentals, that I use to keep track of which stocks in my select corral are the strongest. 1. read the canslim thread to understand what fundamentals are attempting to be used as filters 2. this is NOT meant to be run against the Universe of Stocks. It is only created to further clarify which of your subset of stocks is performing better... |
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samer800 said: The Jurik Price Bands and Range Box - BigBeluga indicator is an advanced technical analysis tool that combines Jurik Moving Average (JMA) based price bands with a dynamic range box. This versatile indicator is designed to help traders identify trends, potential reversal points, and price ranges over a specified period. |
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FROM THE ARCHIVES: AUG 2022 |
samer800 said: Legendary trade system which proved that great traders can be made, not born. Turtle Trade Experiment made 80% annual return for 4 years and made $150million. Turtle Trade trend following system is a complete opposite to the "buy low and sell high" approach. This trend following system was taught to a group of average and normal individuals, and almost everyone turned into a profitable trader. |
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