http://stockcharts.c...ikin_oscillator
"...the Chaikin Oscillator gives momentum characteristics to the Accumulation/Distribution Line, which can be a bit of a laggard sometimes. By adding momentum features, the Chaikin Oscillator will lead the Accumulation/Distribution Line."
~AND~
"... there are two bearish signals that can be generated from the Chaikin Oscillator: a negative divergence and a bearish centerline crossover. Allow a negative divergence to be confirmed by a bearish centerline crossover, before a bearish signal is rendered."
It's hard to believe in oscillator divergences and crossovers anymore. But I've seen this one work before.
Here's a live chart to track it.
http://stockcharts.com/c-sc/sc?s=$SPX&p=D&yr=0&mn=3&dy=0&i=p76398852521&a=107709812&r=3248.png
divergence + zero crossover = signal confirmation
Started by
spielchekr
, May 25 2007 07:58 AM
1 reply to this topic