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Re: Reading charts like Tesla?

Stochastic shows same thing than ZigZag, so maybe better to use that because we can see history, we cannot see history in ZigZag. As we want to see Vibration in M15, I think we should have Stoch setting 15-1-1 Close/Close, and because we are only looking buy signals, because we are above that Low En...

Re: Reading charts like Tesla?

So, we add Bollinger Bands 30 2.6 and we look what it shows us. First there was that Low Energy rectangle, price goes above it and comes later back to that level where that last push Started. And what we see, price goes outside the Channel and Activity is High. Now we need one more thing, Vibration,...

Re: Reading charts like Tesla?

John Bollinger said that when you have 30 units and deviation is 2.6, then price stays inside the Channel 99% of the time. This is XAUUSD M15 few days ago, 100 candles and 1 time price closes outside the channel. So I think we can call that Frequency. Charts are sending information to us in that Fre...

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