Analyzing and trading stocks using Dr. Elder's Three Screen Meth

The first thing I do is analyze the weekly chart. Here I want to see price divergence to the MACD indicator

Next, I go to the daily chart and want to see the divergence between the price and the indicator

I then move to the hourly chart and look for the divergence here.

The price has only risen a couple of points above the previous peak, but that's enough for me. I enter a trade when the bar is broken
BK
Next, I go to the daily chart and want to see the divergence between the price and the indicator
I then move to the hourly chart and look for the divergence here.
The price has only risen a couple of points above the previous peak, but that's enough for me. I enter a trade when the bar is broken
Trade aktif
the price activated my pending sell orderTrading ditutup: stop tercapai
The price has reached the stop loss. Indicators show the weakness of the bulls. I'm waiting for the right moment to go short.Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.