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多技术方法参照11(Multi methods refer to 11)
多技术方法参照11(Multi methods refer to 11)
The second part is the common reference principle of multi technical methods
From the point of view of candle chart technology analysis itself, it has become a valuable trading tool. If we put each other technology of signal analysis technology and the Western candle, it is more effective for a tiger with wings added. This is the focus of the second part of the book. For example, if a strong belt catch candle line through to a long block level (the original book as a support level, suspected a -- translator), then we will be able through two reasons as bullish expectations. In this case, the candle chart index validates the Western indicator, or, conversely, the latter validates the former, depending on your personal view.
There is a market research approach that emphasizes the need to seek mutual validation across a variety of technical analysis indicators. This was proposed by Arthur Rowe in his book career analysis tools for futures charts, which he called the multi technology approach common reference principle. According to this principle, in the same price area, the more comprehensive technical indicators will be combined, the more accurate the market forecast will be.
The second part of the book is based on the principle of multiple technical methods of common reference. In the following section of this introduction, we analyze two examples according to the traditional Western technical analysis methods, and illustrate the significance of the above concepts. The tenth chapter introduces a group of candle chart indicators that are mutually validated, which provides a clear signal for an important market turning point. From the eleventh chapter to the sixteenth chapter, we combine candle technology with some commonly used Western technical analysis tools. In these analysis methods, the trend line, moving average and oscillation index are included. In each chapter, I elaborate on how to use candle chart analysis to supplement
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