Friday, January 7, 2011

Other Useful Indicators

Amibroker allows you to display many other useful indicators such as Fibs. Below are possible retracements on SPY from the low in 11/30/2010 to today:




Another useful tool is the Regression Channel - indicates a trend channel. Below is SPY from end of August to today.




The trend is clear!


There are too many tools to mention them all. Amibroker has a demo version you can download for testing. For EOD data, you can use a provider like Yahoo. I use RT data from DTN IQ for stocks, futures, options and FOREX. It works well with Amibroker and I can stream up to 500 symbols at a time (more than I need).

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