I currently use Comsec as a broker and it's advanced charting software (free).
Could anyone recommend what charting software and data to use for the following indicators:
1. Relative strength comparison for index-sector-stocks.
2. Advance decline
3. New high_low
I have read in a few books now the recommendation of these indicators for a top down approach to trading.
With the current high oil price/weakening $US climate I hope to direct my trading money into sectors that are benefiting.
Does anyone out there use this approach?
Could anyone recommend what charting software and data to use for the following indicators:
1. Relative strength comparison for index-sector-stocks.
2. Advance decline
3. New high_low
I have read in a few books now the recommendation of these indicators for a top down approach to trading.
With the current high oil price/weakening $US climate I hope to direct my trading money into sectors that are benefiting.
Does anyone out there use this approach?
