Overview Overview

Report report

Report report

CCI

secondary title

Indicator principle:

The CCI commodity path indicator is the most commonly used, and it is also one of the earliest indicators that appeared in my country's stock market analysis software. When the stock enters a strong rising stage, the buying signal prompted by CCI is often the main rising market when the stock has started, the fastest rising rate, and the largest rising rate. This stage is also the most profitable.

Calculation formula:

TYP= (highest price + lowest price + closing price) ÷ 3

CCI Commodity Path Index = (TYP-TYP's N-day simple moving average) -;- (0.015XTYP's N-day mean absolute variance)

The parameter N is generally set to 14.

Applied rules:

When the target is a bilateral product, CCI crosses the 0 axis from bottom to top, combined with MACD to generate a golden cross, which is a buy signal.

When the target is a bilateral product, CCI crosses the 0 axis from top to bottom, combined with MACD to generate a dead cross, which is a sell signal.

When the market is normal, the CCI fluctuates (-100:100); when the market is strong, the CCI will be greater than 100; when the market is weak, the CCI will be less than -100.

Precautions:

CCI is a long-term indicator. When used alone, it is more of a reminder of the current market operation status of the market. Even if it is used in combination with MACD, it can only describe the market operation status in more detail. Investors can maintain or end the current transaction according to the market status prompted by the current indicators, but it is difficult to get tips on buying and selling points. But when the CCI deviates from the price, there will be more accurate buying and selling point prompts. When the CCI deviates from the price above the range greater than 100, it is a sell signal; when the CCI deviates from the price below the -100 range, it is a buy signal. The success rate of CCI divergence is about 80%, and the longer the K-line with a longer time period, the greater the divergence take-profit space, and the divergence take-profit space formed by the daily K-line generally exceeds 10%. Taking BTC as an example, between March and October 2020, the daily K-line CCI divergence occurred twice. The first time was May 9, and the next day fell by more than 10% in a single day; the second time was 8 18, and then continued to fall by more than 15%. And when the K-line cycle is further reduced, the profit margin will drop sharply, with an average profit margin of less than 3%, and the success rate will also drop.

W&R

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Indicator principle:

It is based on the swing point of the stock price to measure whether the stock/index is overbought or oversold. It measures the ratio of the distance between the peak (highest price) created by both long and short sides to the daily closing price and the stock price fluctuation range within a certain period of time (such as 7 days), so as to provide a signal for the reversal of the stock market trend.

W%R=（Hn—C）÷（Hn—Ln）×100

Calculation formula:

n: is the trading period set by the trader (usually 30 days).

C: The latest closing price on the nth day.

Hn: It is the highest price in the past n days (such as the highest price in 30 days).

Ln: the lowest price in the past n days (such as the lowest price in 30 days).

Applied rules:

When the Williams index line is higher than 85, the market is oversold and the market is about to bottom out.

When the Williams index line is below 15, the market is overbought and the market is about to peak.

Using the Williams Index as a forecasting market tool, it is not easy to miss a big market, nor is it easy to get stuck in a high price zone.

Precautions:

After W%R enters a high level, it is generally necessary to turn back. If the stock price continues to rise, there will be a divergence, which is a sell signal. After W%R enters a low level, it generally rebounds. If the stock price continues to fall, there will be a divergence. W%R hits the top (bottom) several times in a row, forming double or multiple tops (bottoms) locally, which is a signal to sell (buy). At the same time, attention should be paid to cooperating with other technical indicators during use. In the process of consolidation, the accuracy of W%R is relatively high, but in the upward or downward trend, it cannot only use W%R overbought and oversold signals as the basis for market judgment. When the three W%R indicator lines of W%R on the 13th, W%R on the 34th and W%R on the 89th are all lower than -80, it means that the market is in an extremely oversold state, and the market is about to see a long-term bottom. The three W%R indicator lines on the 13th W%R, 34th W%R and 89th W%R are all higher than -20, indicating that the market is in an extremely overbought state and the market is about to see a long-term top. Taking BTC as an example, there were two phased divergences between March and October. One was after the sharp drop in March. W%R showed a divergence, indicating that the market had entered the bottom and was in an oversold state. After that, the price of BTC began to stabilize rise. For the second time, W%R peaked several times in September, and then it was difficult to rise and began to fall sharply. When the long-term W%R deviates, it is expected that there will be more than 15% profit taking space for homeopathic trading.

secondary title

market sentiment index

Indicator principle:

The standard consensus market sentiment index (hereinafter referred to as the "sentiment index") is compiled by the standard consensus. Shows that sentiment is a good explanation for short-term movements in the market. Generally speaking, the market sentiment index is an indicator that reflects the degree of optimism or pessimism in the market, and it is the reaction of investors' psychology and the reaction of investors to market performance. The market sentiment index can reflect the overall trend of the market and provide investors with a basis for judgment.

ADR（N）= P1/P2

Calculation formula:

In the formula: P1=∑NA, which is the sum of the number of rising currencies within N days;

P2=∑ND, which is the sum of the number of falling coins within N days;

N—the number of days to choose, N=7.

Applied rules:

When the market sentiment index is too pessimistic, short-term buying prompts.

When the market sentiment index shows an overzealous prompt, it is a short-term sell prompt.

When the market sentiment index has many pessimistic deviations, it means that the market is about to bottom out and it is a buying reminder

Precautions:

The Standard Consensus Market Sentiment Index has been in operation for more than a year. It has repeatedly prompted that the market sentiment is too fanatical or too pessimistic. The total number of occurrences exceeds 10, and the success rate exceeds 90%. And on February 12, the market sentiment index showed that the market sentiment was frenzied, but there was a frenzied divergence, and then the price of BTC quickly fell from $10,500 to below $4,000 in the next month or so. When the sentiment index appears too pessimistic or too fanatical, corresponding operations can be carried out, and the profit margin is estimated to be around 5%. When the sentiment index deviates, the profit margin can be enlarged to more than 10%.

Conclusion

Conclusion