Close for now Do you hold SG, US, HK or MY stocks? How are you tracking them now?
View our Demo portfolio to learn how StocksCafe will do it for you intelligently!
Sign up for free now!

Subscribe to RSS feed Introducing Technical Charts to SGXcafe

By evankoh posted on 18 Dec 2016  -  17,383 views


I have been interested in learning and integrating various approaches, namely fundamental analysis, technical analysis, portfolio management and machine learning to help myself make better investments/trades. This is the one of the reasons why SGXcafe exists.

Recently, I started learning more about technical analysis through a book titled, Come into my Trading Room. I am thankful to Azrael for introducing this book to me. It is certainly a decent first book to the world of technical analysis. It touches on various topics from technical metrics to psychology to risk management. The previous ignorant me thought that technical analysis simply meant finding the "right" parameters for the "right" metric.

One of the important tools required in technical analysis is the Technical Chart. Hence, I spent the last two days incorporating a technical chart into SGXcafe. Now, you have the option to toggle between displaying the new technical chart (e.g. DBS Technical Chart) or the previous basic line chart (e.g. DBS Line Chart).

This is the very first version, hence I expect to make more improvements to it in time to come. As usual, I am happy to hear feedback on it.

Happy investing!

Disclaimer: I am not recommending that you should incorporate Technical analysis into your investments/trades. I might not even use it myself in the end, but I prefer to learn about and understand it to make an informed decision.


Like
7 likes
4 comments

viperviper - maybe u can add basic charting tools in it, such as draw of trend lines or even functions like the moving ave, A/D lines, stochastic oscillator and etc. but really a good start. tks!! thumbs up
18 Dec 2016 10:28:45

azrael - It is an interesting read, but it is not everything either (FA is still important). Seems like you enjoyed the book :)
18 Dec 2016 11:09:56

jarwey - TA is just to find the better price to buy/sell after i had done the FA. so far, i feel that it's still a bit like gambling...
18 Dec 2016 20:22:01

evankoh - @viperviper, that is certainly coming up.

@azrael, agree.

@jarwey, in my opinion, investing is gambling. Just that we can increase my chances via different sources (e.g. FA, TA, insider trading etc).
19 Dec 2016 07:14:03



Next Article > < Previous Article
The True Cost of Being Free Invisible Updates



List All Articles Other articles by evankoh

Stay Alert with SGXcafe
Note: Instead of every minute, alerts will be check daily at the end of day due to licensing issues. In an ideal world, we would be able to monitor the stock market around the clock, so that we would know the instant the stock reaches a price we've been gunning for, or when the stock we've KIV-ed at the back of our minds is approaching the ex-dividend date. Alas, we don't live in an ideal world, and ...

How to use SGXcafe?
When I started investing in Singapore stocks, I could not find any website that allows me to freely and easily access simple information regarding Singapore stocks or maintain my portfolio of Singapore stocks. Therefore, I decided to create SGXcafe to help myself and anyone else who faces the same predicament as me. There are currently two main ways you can use SGXcafe: 1) To gather information I organize ...

Stock of The Day
One of the most highly voted feature now in Friends of SGXcafe is "Stock of The Day". The idea is to feature a stock every trading day based on some criteria. At the moment, I have come up with five criteria to select the stock of the day. 1) Significant Increase in Visitors - The number of visitors viewing a stock's page significantly increased in the last three days compared to the previous three ...