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    Trader'S Guide To Technical Indicators

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    GARO OHANOGLU
    Advanced GET uses Elliott Wave analysis to identify impulse and corrective waves in trends to spot opportunities for countertrend trades. It looks for divergence between price and oscillator movements, like when wave 5 price is higher/lower than wave 3 but the oscillator is lower/higher, signaling a reversal. It also analyzes breakouts of regression channels drawn off intermediate highs/lows. These Type 2 signals can be seen on both long-term and short-term charts, allowing traders to capture profits at trend endings. The program's replay mode allows reviewing how these moves unfolded bar-by-bar for learning.

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    © All Rights Reserved
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    Trader'S Guide To Technical Indicators

    Uploaded by

    GARO OHANOGLU
    72 views1 page
    Advanced GET uses Elliott Wave analysis to identify impulse and corrective waves in trends to spot opportunities for countertrend trades. It looks for divergence between price and oscillator movements, like when wave 5 price is higher/lower than wave 3 but the oscillator is lower/higher, signaling a reversal. It also analyzes breakouts of regression channels drawn off intermediate highs/lows. These Type 2 signals can be seen on both long-term and short-term charts, allowing traders to capture profits at trend endings. The program's replay mode allows reviewing how these moves unfolded bar-by-bar for learning.

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    Advanced GET uses Elliott Wave analysis to identify impulse and corrective waves in trends to spot opportunities for countertrend trades. It looks for divergence between price and oscillator movements, like when wave 5 price is higher/lower than wave 3 but the oscillator is lower/higher, signaling a reversal. It also analyzes breakouts of regression channels drawn off intermediate highs/lows. These Type 2 signals can be seen on both long-term and short-term charts, allowing traders to capture profits at trend endings. The program's replay mode allows reviewing how these moves unfolded bar-by-bar for learning.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    72 views1 page

    Trader'S Guide To Technical Indicators

    Uploaded by

    GARO OHANOGLU
    Advanced GET uses Elliott Wave analysis to identify impulse and corrective waves in trends to spot opportunities for countertrend trades. It looks for divergence between price and oscillator movements, like when wave 5 price is higher/lower than wave 3 but the oscillator is lower/higher, signaling a reversal. It also analyzes breakouts of regression channels drawn off intermediate highs/lows. These Type 2 signals can be seen on both long-term and short-term charts, allowing traders to capture profits at trend endings. The program's replay mode allows reviewing how these moves unfolded bar-by-bar for learning.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 1

    TRADER’S GUIDE TO TECHNICAL INDICATORS

    Many traders try to trade The second part of the


    with the trend, but at Type 2 setup involves
    some point trends end, divergence between
    providing opportunities prices and the GET
    to capture profits from a oscillator, which
    market turn. The trick, of measures the rate of price
    course, is to identify the change in one wave
    end of a trend so you against the rate in
    can get into position for another. In a five-wave
    the new trend. uptrend, if the price is
    higher for wave 5 than
    Advanced GET, an add-
    wave 3 but the GET
    on program available
    oscillator is lower at those
    from eSignal, uses Elliott
    price points, divergence
    Wave analysis to identify
    indicates sell. In a
    impulse and corrective
    downtrend, if the price of
    waves in a trending
    wave 5 is lower than the
    move. Previous articles
    price of wave 3 but the
    in this series have
    GET oscillator is higher at
    described how
    those price points,
    Advanced GET tools can
    divergence indicates buy.
    help you decipher price
    action for clues about The actual buy or sell
    what to expect next and signal comes on a
    how to spot signals for a breakout of the
    Type 1 trend trade. regression trend channel
    drawn off an
    The weekly Japanese
    intermediate high or low
    yen and five-minute
    (“breakout” on charts),
    June crude oil charts
    putting a stop above the
    illustrate that Advanced
    high or low. The
    GET tools can be just as
    previous wave 4 is the
    useful on market
    initial target, which was
    reversals, whether you
    the exact point reached
    are looking at long-term
    on both of these chart
    or very short-term Advanced GET tools show Type 2 countertrend trade signals on both
    long-term and short-term charts in either buying or selling situations. examples.
    situations or whether the
    trend is up or down. One of the neat
    features about Advanced GET is that you can see how
    When the Advanced GET software shows a wave 5, it
    these moves unfold, bar by bar, by using the replay mode,
    suggests the end of a trend and you have the first
    a great learning tool.
    condition for a Type 2 countertrend trade.
    7 of 12

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