1. Select a date from the date list. (Default to the latest date)
2. Select 2 moving averages and click Submit (Default to 10 day and 15 day, you can select any other day on your preference)
3. Scanned Result (It shows a list of symbols that the 10 day moving average crossover 15 day moving average on the date you selected)
4. Review Stock Charts
Pick any symbol from the output and review their charts. In this example, we used the first symbol on the list, ACGL, with its chart shown below. We can see from the chart that the 10 day
moving average (blue line) is just cross over the 15 day moving average (red line).
Moving Average Trading System
A good way to study technical analysis is to study the past and predict future performances. In order to do that, you need to have a trading system that's been backtested,
and which works for you. To learn how to come up with a trading system with candlestick, do the following:
1. Select a date from the past, let's say 2008-07-22
2. Select 2 moving averages and click Submit (Default to 10 day and 15 day, you can select any other day on your preference)
3. Scanned Result (Note: It shows today's information for the moving average crossover symbols that were formed on 2008-07-22)
4. Focus on the symbols that return positive (symbols in green) outcome today - (Study the chart for each symbol and find patterns for the ones that return the most profit)
(Study the chart for each symbol and find patterns for the ones that return the most profit)
For example: Since the symbol FLE returns a 7.03% increase, we definitely want to see how that chart looks like. The following chart shows the symbol FLE’s close at $2.55 on 2008-07-22 and the 10 day moving average was just
cross over the 15 day moving average on that day. If you buy this stock on the next day's open at 2.61, today your profit will be up by 21.83% which is only 3 days.
Important Note:
Please note that patterns do not work 100% of the time, or otherwise, everyone will be rich. Our tool only helps you to find the patterns you defined, but you have to make your
own decisions based on the result. If you want to be successful in trading, you will have to study the charts and backtest your system everyday.