Stockcharts offers this cool feature where you can literally see which charts members are using right now. It refreshes every 15 seconds and you can see how other members use their indicators and structure their charts and it’s a great way to get ideas on how to look at charts in a new way. There are countless ways to structure indicators and I continually get ideas and I wanted to share a chart with the¬†parameters¬†below that I like and will try to work into my personal chart views.

This could be useful for checking when a stock is overbought on the very short term. Note the positive divergence on the Slow Sto when priced dipped below the 200 moving average.

If you’re on Stockcharts then you should definitely check out this feature and if you aren’t using Stockcharts you should be because it’s the best charting software out there. They normally have a fall special where you can grab a few extra months with an annual membership so I would wait until then. I’ll be doing a video post the next time it goes on sale so stay tuned.

Here is a screenshot of the parameters to recreate this chart.

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