24

:
1 MACD
MACD Gerald Apple
,

MACD
MACD
MACD

MACD
MACD
MACD

MACD EMADIF DEA MACDDEM

DIF DEA DIF DEM
BAR
DIF DEA DIF EMA1
EMA2BAR

MACD
MACD EMA1
EMA2DIF
DIF N DEA MACDDEM
EMA1 12 EMA2 26 DIF 9 MACD

1EMA
12 EMA
EMA12= EMA1211/132/13
26 EMA
EMA26= EMA2625/272/27
2DIF
DIF= EMA12 EMA26
3 DIF 9 EMA
9 EMA MACD
 DEA DEM
DEAMACD= DEA8/10 DIF2/10
DIF DEA
12 EMA 26 EMA
+DIFDIF
MACD
DIF N N EMA
MACD
BAR BAR=2(DIFDEA)
BAR
DIF DEA MACD

MACD MACD MACD

MACD MACD MACD
MACD MACD

DIF DEAMACD
MACD

MACD
MACD
MACD
MACD

MACD
MACD MACD
MACD
MACD
MACD
DIF MACD DIF
MACD MACD
DIF MACD
1 DIF MACD 0

2 DIF MACD 0

3 DIF MACD 0

4 DIF MACD 0

DIF MACD
1 DIF MACD DIF MACD
MACD

2 DIF MACD DIF MACD
MACD

3 DIF MACD DIF MACD

MACD

4 DIF MACD DIF MACD

MACD

MACD
DIF DEA MACDDEM

MACD

1M W
MACD MACD
MACD M W

2
MACD MACD K
MACD
1
K MACD

MACD

2
K
MACD

MACD

MACD

MACD

MACD MACD MACD

2652
52 MACD MACD MACD

DIF MACD
10
MACD DIF MACD 0
DIF MACD DIF
MACD MACD

71
20
MACD DIF MACD 0 DIF
MACD MACD MACD

1
MACD
721
2
, MACD
,722
30
MACD DIF MACD 0 DIF
MACD MACD MACD

73

1 DIF MACD 0
MACD 0
741
2 DIF MACD 0
MACD

742
3 DIF MACD 0
0

743
MACD
MACD DIF MACD 0

,
75

DIF MACD
1 0
MACD DIF MACD 0
0 DIF MACD
DIF MACD MACD

MACD
76

20
MACD DIF MACD 0
DIF MACD DIF
MACD DIF MACD MACD

77

1 DIF MACD 0

781

2 DIF MACD 0

DIF MACD
782
3 DIF MACD 0 MACD

783
MACD
MACD DIF MACD 0

79

DIF MACD
1 DIF MACD 0
DIF MACD
710
2 DIF MACD 0 DIF MACD
DIF MACD

DIF MACD DIF

MACD 711
3 DIF MACD 0

712

1 DIF MACD 0 MACD

713
2 DIF MACD 0 MACD
MACD DIF
714
3 DIF MACD 0 MACD

715

DIF MACD
1 DIF MACD 0

716
2 DIF MACD 0

717

1 DIF MACD 0 MACD

718
2 DIF MACD 0 MACD

DIF MACD 0
MACD
719

3 DIF MACD 0
MACD
720

2 KDJ
KDJ George Lane

KDJ
KDJ
KDJ 9 9

RSV
 K D J
KDJ K
D J
KDJ

KDJ KD KD
KDJ
K D
J KDJ KDJ

KDJ
KDJ n n RSV
K D J KDJ

n RSV=CnLnHnLn100
Cn n Ln n Hn n RSV
1100
K D
K =2/3 K 1/3 RSV
D =2/3 D 1/3 K
K D 50
9 KD 9 RSV

9 RSV=CL9H9L9100
C 9 L9 9 H9 9
K =2/3 K 1/3 RSV
D =2/3 K 1/3 RSV
K D 50
1/3 2/3 ,
1/3 2/3
1/3 2/3 KD J
J
J=3D2K
J K D KD
J 100
J KDJ K D
KD KD KDJ
KDJ KDJ
KDJ
KDJ
 KDJ KDJ
KDJ KDJ
KDJ KDJ KDJ KDJ
KDJ KDJ

KDJ
KDJ KD J
K D J
KDJ
KDJ
KDJ
KDJ
KDJ
KDJ KDJ
KDJ KDJ KDJ
KDJ KDJ KDJ K D J
KDJ
KDJ
1
KDJ K D 0100 J 100
0 KDJ 0100J
K D J K D
2
KDJ
KDJ 20 KDJ
80 KDJ 2080

3
KDJ 50 KDJ
50 KDJ 50

KDJ
KDJ KDJ KDJ
M W
KDJ
KDJ

1 KDJ 50 KDJ M

2 KDJ 50 KDJ W

3KDJ M W
KDJ
KDJ
KDJ KDJ

1 KDJ 50
J K D
KDJ

2 KDJ 50
J K D

KDJ
3
J K 80 D
KDJ

4
KDJ 80 80
J K D
KDJ

KDJ
KDJ KDJ K
KDJ
K KDJ
KDJ

K KDJ
KDJ

KDJ
KDJ 80
KDJ 50

KDJ
1 J 50 K

2 J K D

3 KDJ

4 J 80

5 D

6 K

7 KDJ

KDJ
1 KDJ KDJ 50

2 KDJ KDJ 50

3 KDJ

4 KDJ
KDJ

KDJ

5 KDJ

6 KDJ
KDJ

KDJ

KDJ
KDJ
60
10 KDJ 3 3

50 KDJ 10
50 KDJ 20

KDJ
KDJ KDJ

KDJ 15 1
KDJ 1 3

KDJ 3 5
KDJ
KDJ
,
,,
,,
:
,
,,
,
,,
, 5

,
,,,
, ,,
,
,
,,
,,
,
,
,

,,,

KDJ
34 KDJ KDJ

KDJ
34 34 KDJ
1 KDJ 20 2050
5080 80 50
34 KDJ 50
KDJ D 50
KD

34 KDJ 50

2KDJ 20

3KDJ 80

K
4KDJ 20
20 K

5KDJ 80
80 K

6KDJ 20 50 KDJ
KDJ
K KDJ
80 KDJ
20 KD 20 K

7KDJ 80 50 KDJ
KDJ 20
KD
8 KDJ
KDJ KDJ

KDJ
KDJ KDJ

9 KDJ KDJ
KDJ
KDJ
10KDJ 20 KDJ
KDJ KDJ KDJ

11KDJ K
KDJ

89 KDJ KDJ
34 KDJ KDJ , 89
KDJ KDJ , 34 KDJ
,,
1 34 KDJ ,89 KDJ 20
2050 5080 80
50
89 KDJ 50
KDJ D 50
KD

89 KDJ 50

2 020 KDJ 34 KDJ

, 89 KDJ 20
20 K

389 KDJ 80
89KDJ 80 , J
K D 80 ,

489 KDJ KDJ 80

80 K

5 89 KDJ 80

6 89 KDJ 20

55 KDJ KDJ
34 89 KDJ 55 KDJ KDJ

1 K 55 KDJ K 34 KDJ
, KDJ KDJ 20
2050 5080 80 50

KDJ 50
KDJ D 50 KD

KDJ 50
KDJ 50 KDJ
50
255 KDJ 80 K J

KDJ
K KDJ
KDJ
3 K 55 KDJ 50 K J

4 K 55 KDJ 20

K
5 K 55 KDJ 80

K
6 KDJ 34KDJ
KDJ
KDJ
KDJ
KDJ KDJ

7KDJ KDJ
KDJ
KDJ
KDJ KDJ
8KDJ 20 KDJ
KDJ KDJ KDJ

9KDJ K KDJ
K KDJ K KDJ

KDJ
KDJ KDJ KDJ
KDJ 89
912 KDJ KDJ
89
KDJ

1 KDJ 50
KDJ J K D

KDJ 50
11
2 KDJ
80 J K D
KDJ
80
12

1
 J K 80 D
KDJ
80
13
2
KDJ 80
J K 50 D
KDJ
50 14

KDJ

1 KDJ 80 KDJ 80
KDJ

15
2 KDJ
KDJ KDJ K J D
D 16

1 KDJ 50 KDJ 50
KDJ

17
2 KDJ 50
KDJ

3 W%R
W%R Larry
William 1973
W%R

5 15 30 60

8 14 28
56 6 10 20 40
3 5 10 20
W%R
W%R

W%R=HnCHnLn100
C Ln N Hn N
N 4 14
14
W%R14 =H14CH14L14100
C 14 H14 14 L14 14

W%R 0100 0
14 100 14

W%R
RSI 100 0
W%R RSI
W%R
0 100
W%R
W%R W%R W%R W%R W%R
W%R W%R

W%R
W%R W%R W%R

W%R
KDJ W%R 0100 W%R 0
100
1 W%R 200 W%R
W%R=20
2 W%R 80100 W%R
W%R=80
3 W%R 2080

4 20
 W%R
20
80
W%R
80
W%R
1 W%R 80

2 W%R 20

3 W%R 50

4 W%R 50

W%R

W%R W%R K
W%R
1
K W%R
W%R

2
K W%R
W%R

20080100

20
80

1
1
200
0


20

A
10 3 6 9

6 0

B (600640 )
20 12 14 20

14 0

C
10 3 6 9
5 N
5N 3 15

6 0

2
1
80100
100

80

A
10 3 6 9

6 0

B
20 12 14 20

14 0

C
10 3 6 9

6 0

W%R
W%R
1 W%R

2 W%R
W%R

1 W%R
W%R W%R
W%R W%R W%R 6 W%R14
W%R 20 W%R
A W%R W%R

B W%R W%R W%R

C W%R W%R W%R W%R

 W%R W%R

D W%R W%R 0

E W%R W%R

F W%R W%R W%R

W%R 20

G W%R W%R W%R

H W%R W%R 50
50100

2 W%R
W%R W%R
W%R W%R
A W%R> W%R
B W%R< W%R
C W%R W%R W%R

D W%R W%R W%R

E W%R W%R

F W%R W%R

1 6 15

2 6 85

3 20 20

4 20 80

5 70 10

6 70 90

W%R
W%R
 3
1 W%R W%R 1
W%R W%R
79 W%R W%R W%R

1 W%R 50 W%R
50
W%R
31
2 W%R 50 40
W%R 20
W%R 32

3 W%R 20 W%R 40

W%R 33

4 W%R 50
W%R
34

1 W%R 20
W%R
35
2 W%R 50 50
W%R
36

4 RSI
RSI Relative Strength Index
Welles Wilder

RSI
RSI
RSI

MACDTRIX RSI
MACDTRIX
RSI

RSI

RSI
RSI

A N B N 1
A B AB RSI
RSIN=AAB100

RS=N N
RSI=1001001+RS

14 RSI 15
14 RSI

A=14
B=14 1
RSI14=AAB100
A 14
B 14
AB
RSI
RSI
0100 RSI
RSI RSI RSI
RSI 5 10 14
6 12 24 RSI
RSI
6 12
RSI RSI
RSI RSI RSI RSI
RSI RSI

RSI RSI

RSI
RSI RSI RSI RSI RSI
RSI RSI
RSI
RSI
RSI 0100 2080 21

RSI
80100
5080
2050
020
21 RSI

3070 1585 RSI

RSI

RSI
RSI 80 20
1 RSI 80

2 RSI 20

3 RSI 50
4
RSI 80 20
RSI
90 10
RSI RSI
90 10
RSI
RSI RSI RSI RSI6
RSI 12 RSI 6 RSI RSI12 RSI RSI
RSI
1 RSI> RSI
2 RSI< RSI
3 RSI RSI RIS

4 RSI RSI RSI

RSI
RSI
RSI

1 RSI 50 M

M
2 RSI 50 W

 W
3RSI
RSI
RSI RSI K
RSI
1
RSI RSI
K

RSI
RSI 80
RSI
RSI
RSI RSI

2
RSI 20 K
RSI

MACDRSI RSI
RSI 80
RSI

RSI RSI

199 1 99 1
99
RSI
RSI 6 12
RSI
4080 RSI

RSI
RSI

1272912 RSI


12 RSI 72 RSI
1 12 RSI 50 72 RSI
RSI

22
2 12 RSI 72 RSI 60
12 RSI 72
RSI

23
3 12 RSI 72 RSI 50 12 RSI
72 RSI
RSI

24
9 RSI 12 RSI
1 9 RSI 12 RSI 50 50
RSI
RSI

25
2 9 RSI 12 RSI 80 9 RSI
12 RSI 80
RSI

26
3 9 RSI 12 RSI 50
9 RSI 12 RSI 50
RSI

27

12 RSI 72 RSI
1 12 RSI 50 72 RSI

RSI
RSI 28
2 12 RSI 60 72 72

RSI

29
3 12 RSI 50 72 RSI

RSI
210
4 12 RSI 72 RSI
50
RSI 211

9 RSI 12 RSI
1 9 RSI 12 RSI 50

RSI
RSI 212
2 9 RSI 12 RSI 80

RSI
213
3 9 RSI 12 RSI 50
50 RSI

214

5 CR
CR ARBR

CR
CR
CR ARBR AR
BR CR

ARBR CR

CR N

CR

CR
CR CR CR CR
CR CR CR
CR
CR
CRN =P1P2100
P1=HYM N
P2=YML N
H L
YM
CR YM

1M=2C+H+L4
2M=C+H+L+O4
3M=C+H+L3
4M=H+L2
C H L O

CR
CR CR
CR
CR CR CR
CR
CR
1 CR CR
CR CR 0
2 ARBR CR 100
3 CR 75125 80150

4 CR 300

5 CR 200

6 CR 40

7 CR 30

8CR CR

CR
CR CR
1 CR M
K
M
2 CR W
K
W
3CR M W

CR
CR
CR
CR

1 CR

2 CR

3 CR

CR

4 CR

CR

5CR
CR
CR
CR

CR
CR CR CR MA
MA MA1MA2MA3
MA1MA2MA3 510
20 ROC
CR CR MA
CR CR MA

1 CR MA
75150

2 CR MA
CR
MA

3 CR MA 150

4 CR MA

5 CR
CR
6 CR 200

7 CR MA

8 CR MA

9 CR MA

10 CR MA

CR
CR
CR CR CR MA1MA2MA3
CR
CR CR ABCD
52204060 CR
CR 5220406080

1 CR CR MA1MA2MA3 100
CR

CR 121

2 CR CR MA1MA2MA3 100
CR

CR
122

1 CR CR MA1MA2MA3

CR
123
2 CR CR MA1MA2MA3

CR
124

6 SAR
SAR Stop and Reveres
SARWells Wilder

SAR

SAR
SAR stop

SAR
SAR Reverse

SAR

SAR
MACDDMI SAR SAR
SAR
SAR n n n 4
4
SAR
SAR SAR
SARn=SARn1+AF<EP(n1)SARn1>
SARn n SAR SARn1n1
AF EP
SAR
1 SAR n
2 SAR0 SAR
0
3 AF

4 AF 0.02
AF 0.02
AF 0.2
5 SAR
SAR
SAR
SAR SAR
6 AF 0.02
7SAR 2 2 2 2
28
8SAR
SAR
SAR
SAR
SAR SAR

SAR
SAR
1 SAR SAR

2 SAR SAR
SAR

3 SAR SAR

4 SAR SAR
SAR

SAR
SAR

1
SAR
SAR

2
SAR SAR
SAR

3
SAR
SAR
SAR

SAR
SAR
1

2
3
4
5 SAR

SAR
SAR
1 SAR 45

2 SAR 45 SAR

SAR SAR

3 SAR 45 SAR

4 SAR 45 SAR
3 SAR

5 SAR 45 SAR
3

SAR
SAR
SAR
SAR
SAR SAR K
SAR
SAR
SAR SAR

1
SAR
SAR
SAR
SAR SAR
2
SAR
SAR
SAR
SAR
SAR
SAR MACD
10220 SAR 26
129 MACD SAR

1 K SAR
K SAR
MACD 0
SAR
221
2 K SAR SAR SAR
MACD
SAR
222

1 K SAR MACD
MACD DIF
SAR
223
2 K SAR SAR
MACD MACD DIF
SAR

7 CCI
CCI Commodity Channel Index
Donald Lambert

CCI
CCI
CCI 80

CCI

CCI ,
KDJWR%CCI
0100

CCI

CCI
CCI
CCI CCI CCI CCI
 CCI CCI

CCI

CCIN =TPMAMD0.015
TP=++3
MA= N N
MD= N MAN
0.015 N

N N
3

CCI
CCI
CCI

CCI
CCI
CCI CCI
CCI
CCI
100 100 CCI
200 200 CCI
100 100 CCI
1CCI 100
100 100 100
2 CCI 100

3 CCI 100

4 CCI 100 100

CCI
1 CCI 100

2 CCI 100

3 CCI 100

4 CCI 100

5 CCI 100 100 KDJ

CCI
CCI
CCI CCI CCI CCI
CCI
CCI
CCI CCI K
CCI
1
CCI 100 CCI
K

CCI
CCI 100
CCI
CCI
CCI CCI

2
CCI 100 K
CCI

MACDKDJ CCI
CCI 100
CCI
100

CCI
CCI
1 CCI 100 CCI M

2 CCI 100 CCI W

W
3CCI M W
CCI
1 CCI 100

2 CCI 100 CCI

3 CCI 100 , 100

4 CCI 100 100

5 CCI 100

6 CCI 100 CCI

7 CCI 100 CCI

CCI

CCI CCI

199 1 99 1 99
1999 CCI
199
CCI
CCI 6 12
CCI
100 100
CCI
K

CCI
CCI CCI
88 CCI CCI

1 88 CCI 100
CCI

61
2 88 CCI 100

CCI 100
CCI 62

1 88 CCI 100
CCI 100 CCI

63
2 88 CCI 100
CCI 100 CCI

64

8 TOWER
TOWER K

TOWER
TOWER
TOWER

TOWER

TOWER

2
3

4

TOWER TOWER
TOWER TOWER TOWER TOWER
TOWER TOWER

TOWER
TOWER

TOWER
TOWER
K

K
1


2 K

3 K

4 K

30%

TOWER

30%

TOWER

TOWER
TOWER
TOWER
 TOWER

1 TOWER

TOWER 241

2 TOWER

TOWER
242

1 TOWER TOWER

TOWER
243
2 TOWER TOWER

TOWER 244

9 MTM
MTM Momentom Index

MTM
MTM
MTM

MTM
MTM
MTM MTM MTM MTM MTM
MTM MTM MTM

MTM
1
MTM
MTMN =CCN
C=
CN=N
N 6
2
MTM
MTMN =CCN100100
C=
CN=N
N 6

MTM
0
0 0

MTM
MTMMA MTM MTM

MTM
MTM 0 MTM
MTM 12 MTM

0
1MTM 0 MTM
2 MTM 0

3 MTM 0

4 MTM 0 0

5 MTM 0 0

6 MTM 0 0
MTM

7 MTM 0 0
MTM

8 MTM 0 MTM

 MTM
9 MTM 0 MTM

MTM
1 MTM

2 MTM

3 MTM

4 MTM
MTM

MTM

5 MTM

6 MTM
MTM

MTM

MTM
MTM

1 MTM M

2 MTM W

3MTM
MTM
MTM MTM MTMMA
MTMMA
1 MTM MTM
MTMMA
1 MTM MTMMA
MTM MTM 24 MTMMA
 24
1 MTM MTMMA MTM
MTM

2 MTM MTMMA

3 MTM MTMMA
MTMMA MTM MTMMA
MTM

4 MTM MTMMA

5 MTM MTMMA MTM

MTMMA MTMMA MTM

6 MTM MTMMA

7 MTM MTMMA MTMMA

8 MTM MTMMA

9 MTM MTMMA

10 MTM MTMMA MTMMA

MTM
MTM
MTM MTMMA
MTM MTMMA
MTM MTM
MTM MTM MTM 0
82 MTM 77 MTMMA MTM
MTM

1 82 MTM 77 MTMMA 82
MTM 77 MTMMA
MTM

141

2 82 MTM 77 MTMMA 82 MTM
77 MTMMA
MTM

142

1 82 MTM 77 MTMMA
MTM

143
2 82 MTM 77 MTMMA

MTM

10 BOLL
BOLL Bolinger Bands

BOLL
BOLL
BOLL

BOLL

BOLL

BOLL BOLL
BOLL


BOLL

BOLL
BOLL
MBUPDN
BOLL
BOLL BOLL BOLL BOLL BOLL
BOLL BOLL

BOLL
1 BOLL
=N
=
=
2 BOLL
1 MA
MA=N N
2 MD
MD= N CMA N
3 MBUPDN
MB=N1 MA
UP=MB2MD
DN=MB2MD
BOLL UP MB
DN UP UP
MB MB DN DN

BOLL BOLL
BOLL
BOLL
BOLL
BOLL
1BOLL

2 BOLL

BOLL
1

4
K
1

9

10

11

BOLL

BOLL

1 K

2 K

3 K

4 K

BOLL KDJ
KDJ ,
: KDJ ,, K
,,
,,
, ,
,,,
, KDJ
, KDJ ,
, ,
,,KDJ ,,
KDJ 80 ,
,,
,,
,
BOLL
BOLL K BOLL
BOLL
BOLL TRIX
BOLL
BOLL

1 K TRIX
BOLL
201
2 K

BOLL
202
3 K TRIX
BOLL
203
4 K

BOLL
204

1 K
BOLL
TRIX
205
2 K
BOLL
TRIX

12 TRIX
Triple Exponentially
Smoothed Average
TRIX
TRIX
TRIX

TRMA TRIX

TRIX
TRIX
 TRIX N TRIX N TRIX
N TRIX N TRIX N TRIX
TRIX TRIX

TRIX TRIX
1 N AX
AX=I 2N1I1 AXN1N1
2 N AX BX
BX=I AX2N1I1 BXN1N1
3 N BX TRIX
TRIX=I BX2N1I1 TAIXN1N1
4 TRIX m TRMA
TRMA=IM TRIX M
TRIX
TRIX
TRIX TRIX

TRIX
TRIX
TRIX
TRIX TRIX
TRMA TRIX TRIX TRMA

1 TRIX TRMA

2 TRIX TRMA TRIX TRMA

3 TRIX
K

4 TRIX TRMA

5 TRIX TRMA TRIX TRMA

6 TRIX TRMA
TRIX

7 TRIX TRMA

8TRIX
TRIX

TRIX TRIX TRMA

TRIX
TRIX TRMA
TRIX TRIX TRMA

1TRIX TRMA

TRIX
2TRIX
TRMA
TRIX
3
TRIX TRMA
TRMA

4
TRIX TRMA
TRMA

TRIX
TRIX

1 TRIX M

2 TRIX W

3TRIX
TRIX
TRIX TRIX K
TRIX
1
K TRIX
TRIX

2
K TRIX
TRIX

 TRIX TRIX

199 1 99 1 99
1999 TRIX
199
TRIX
TRIX
TRIX TRMA
TRIX TRMA
24 TRIX 72 TRMA TRIX
TRIX

124 TRIX
72 TRMA
TRIX

101
2 24 TRIX 72 TRMA
TRIX

102

1 24 TRIX 72 TRMA

TRIX

103

2 24 TRIX 72 TRMA

TRIX

13 DMI
DMI Directional Movement Index,
DMIWells Wilder

DMI
DMI
DMI


DMI

10%
DMI

DMI
DMI DMTRDX
+DI PDI DI MDIADX ADXR 4

1
DMI
1
TR+DI DI
n TR+DM DM
2 n n
n +DI DI
3 n +DI DI
DX
4 DX n ADX
5 ADX ADX ADX ADXR
2
1

A+DM
+DM
+DM=0
B DM
DM

DM=0
C
+DM DM

2TR
TR

A
B
C
TR ABC
3 DI
DI
+DI DI

+DI=DMTR100
DI= DMTR100

12 12 +DM DM TR
+DM12 DM12 TR12
+DI12=+DM12TR12100
DI12= DM12TR12100
13 +DI12 DI12 TR12

TR12=11/12 TR12 TR
0 100
4 ADX
DI DX +DI DI
DX DX
ADX
DX=(DI DIFDI SUM) 100
DI DIF
DI SUM
ADX DX n
5 ADXR
DMI ADXR
ADXR
ADXR= ADX ADX2
DMI DMI
DMI DMI DMI DMI
DMI DMI

DMI DMI

DMI
DMI

DMI
DMI +DI
 DI ADX
+DI DI
ADX
+DI DI
1+DI DI
ADX
2 DI +DI
ADX
3+DI DI
+DI DI
ADX
ADX DX DX +DI DI
ADX
1
ADX ADX
+DI
DI
ADX ADX
+DI
DI
2
ADX ADX
20
+DI DI
3
ADX ADX
ADX
DMI
DMI +DI DIADX
DMI +DI
DI ADX ADXR
DMI
+DI PDI DI
MDI

1+DI ADX ADXR DI 50

DMI

2+DI DI 50 +DI DI

3+DI DI DI +DI
+DI DI

4+DI DI ADX ADXR 50

5+DI ADX ADXR 50

DI

6ADX 50 4060
ADX

DMI

DMI
DMI DMI PDIMDIADX ADXR
PDI
PDI MDI +DI DI
4272 DMI DMI
42

1 DMI PDIMDIADX ADXR 20

PDI MDIADXADXR

DMI 81
2 DMI PDIMDIADX ADXR 2040
PDI ADX ADXR
PDI MDI

DMI 82

1 DMI PDI MDIADXADXR

DMI PDI
83

2 DMI PDI MDIADXADXR

PDI ADX ADXR

DMI 84
3 DMI PDI MDIADXADXR PDI
20

 DMI PDI
85
4 DMI DMI PDI MDIADXADXR PDI

DMI DMI

14OBV
OBV

OBV
OBV
OBV 60
OBV

OBV

OBV OBV OBV OBV

OBV
OBV

OBV= OBV

OBV OBV
OBV OBV OBV OBV
OBV OBV

OBV OBV

OBV
OBV
1 1000 +
2 1050 + +3000 +3000
3 1025 1500 +1500
4 1000 1000 +500
5 1030 + +2000 +2500
6 1070 + +3000 +5500
OBV
OBV
1 18.80
2 19.20 + +3000 +3000
3 19.40 + +2500 +5500
4 19.10 700 +4800
5 19.00 800 +4000
6 19.50 + +2000 +6000
OBV OBV
OBV OBV
OBV
1 OBV

2 OBV

3 OBV

4 OBV

5 OBV

OBV

6 OBV

OBV

7OBV

8OBV


OBV
OBV
1OBV

2OBV

OBV
OBV
1 OBV OBV
1
OBV

OBV

2
OBV

3 OBV

OBV

OBV OBV

5
OBV
2 OBV OBV
4
OBV OBV

5
OBV
OBV
1OBV

1 OBV

2 OBV

2OBV M W
1 M OBV

OBV M
OBV

2 W OBV
W OBV
OBV

OBV
OBV OBV OBV

OBV OBV
OBV
OBV

OBV OBV
OBV

OBV
OBV

OBV OBV

OBV
OBV
OBV OBV
OBV
OBV

1 OBV OBV

OBV
231
2 OBV OBV

OBV 232

1 OBV OBV

OBV 233
2 OBV OBV

OBV

15 MIKE
MIKE Mike Base,

MIKE
MIKE
BOLL MIKE

MIKE Typicalprice
TYP 6

MIKE
MIKE TYP

MIKE MIKE MIKE MIKE

MIKE MIKE MIKE
MIKE

MIKE
1TYP
TYP=HLC3
H=
L=
C=
TYP

TYP=HL2C4
MIKE

2
MIKE WRMR
SR
WRN =TYPTYPLN
MRN =TYPHNLN
SRN =2HNLN
TYP=
LN=N
HN=N
3
MIKE WSMS
SS
WSN =TYPHNTYP
MSN =TYPHNLN
SSN =2LNHN
TYP=
LN=N
HN=N
MIKE

,MIKE
MIKE
,,:W R WS
,MR MS ,SR SS ,
M IKE ,

1MIKE ,,
2,,
,
3,,
,
,MIKE ,
,
,,MIKE
,,
,

MIKE

MIKE


1
MIKE
MIKE

MIKE
MIKE

MIKE

MIKE

MIKE
MIKE

MIKE

MIKE

3 MIKE

4
MIKE

16 DMA
DMA

DMA
DMA
DMA DMA


DMA
DMA
DMA=
AMA=
10 50 DMA
DMA10=10 50
AMA10=10
DMA DMA
DMA DMA DMA DMA
DMA DMA

DMA DMA

DMA
DMA AMA
1 DMA AMA 0

2 DMA AMA 0

3 DMA AMA 0

4 DMA AMA 0

DMA
DMA DMA

1 DMA DMA AMA 0

2 DMA 0

3 DMA

4 DMA DMA AMA 0

5 DMA DMA AMA 0


6 DMA

DMA AMA
DMA DMA AMA

1DMA AMA

DMA
2DMA
AMA
DMA
3
DMA AMA
AMA
4
DMA AMA
AMA

DMA
DMA
DMA DMA K
DMA
K DMA
DMA AMA

K DMA
DMA AMA

DMA
DMA

DMA
DMA DMA AMA

1 DMA DMA AMA M

M
2 DMA DMA AMA W

 W
3DMA

DMA
DMA DMA DDD DMA
AMA DDDAMA
247224 DMA
DMA 2472

1 24 DDD 72 AMA 0
24 DDD 72 AMA
DMA
91
2 24 DDD 72 AMA 0
24 DDD 72 AMA
DMA
92

1 24 DDD 72 AMA
DMA
93
2 24 DDD 72 AMA
DMA

17 TAPI
TAPI Total Amount Weighted Stock Index

TAPI
TAPI
TAPI

TAPI

TAPI
TAPI

TAPI
TAPI=
TAPI TAPI
TAPI TAPI TAPI TAPI
 TAPI TAPI

TAPI
TAPI
TAPI
TAPI TAPI
TAPI

1TAPI
TAPI
TAPI
2 TAPI

3 TAPI

4 TAPI

5TAPI

6 TAPI

7TAPI TAPI
TAPI
8TAPI K

9 TAPI
TAPI

TAPI
TAPI
TAPI
TAPI TAPI TAPIMA
TAPI
1TAPI

2TAPI

3TAPI

4TAPI


TAPI
TAPI

1 TAPI M

2 TAPI W

3TAPI

TAPI TAPIMA
1 TAPI TAPIMA TAPI
TAPI

2 TAPI TAPIMA

3 TAPI TAPIMA
TAPIMA TAPI TAPIMA
TAPI

4 TAPI TAPIMA

5 TAPI TAPIMA TAPI

TAPIMA TAPIMA TAPI

6 TAPI

7 TAPI TAPIMA TAPIMA

8 TAPI TAPIMA

9 TAPI TAPIMA

10 TAPI TAPIMA TAPIMA

11 TAPI TAPIMA

TAPI

TAPI TAPI TAPIMA

60 TAPI

1 60 TAPI TAPI TAPIMA

TAPI TAPIMA
TAPI
161
2 60 TAPI TAPI TAPIMA
TAPIMA
TAPI
162

1 60 TAPI TAPI TAPIMA TAPI

TAPI
163
2 60 TAPI TAPI TAPIMA TAPIMA
TAPI TAPIMA
TAPI

18 PSY
PSY Phycholoigical Line

PSY
PSY
PSY

PSY N

N

PSY
PSY

PSYN=AN100
N PSY
A
N=20 12 8 PSY20 =60

PSY
PSY PSY
PSY

PSY 0100
3 3 90 3
3 50 3 3
50
PSY PSY
PSY PSY PSY PSY
PSY PSY

PSY
PSY

PSY PSY
PSY PSY PSY

PSY
1PSY 0100 0 PSY 100
PSY 50
2PSY 50 PSY N

3PSY 50 PSY N

4PSY 50

PSY
1PSY 2575

2PSY 50 25
 75 30 70 PSY
PSY
3 PSY 75 N

4 PSY 25 N

5 PSY 90 10

6 85 15
75 25 PSY
PSY
PSY
PSY
1
PSY PSY 4060
PSY PSY 4060

2
PSY PSY 50
50 50 PSY
50 50
PSY PSY 50
50 PSY

3
PSY PSY 50
PSY 50 50

PSY
PSY
PSY

PSY
PSY PSY

PSY
PSY PSY PSYMA
PSY PSYMA

1 PSY PSYMA PSY

PSYMA

2 PSY PSYMA

3 PSY PSYMA
PSYMA PSY PSYMA
PSY

4 PSY PSYMA

5 PSY PSYMA PSY

PSYMA PSYMA PSY

6 PSY

7 PSY PSYMA PSYMA

8 PSY PSYMA

9 PSY PSYMA

10 PSY PSYMA PSYMA

11 PSY PSYMA

PSY
PSY 2
RSIBIASWR

1 2 72
1 PSY PSY

1 72 PSY
50
PSY
131
2 72 PSY
50 PSY
132

1 72 PSY 50
PSY

133
2 72 PSY 50
PSY

19 ARBR
AR ,BR

ARBR
ARBR

ARBR

AR

BR

ARBR
1AR
AR

N AR=N HO N OL
H L O N
26
2BR
BR

N BR=N HCY N CYL

H L CY N
26

ARBR AR
BR ARBR ARBR ARBR ARBR
ARBR ARBR

ARBR
ARBR

ARBR

ARBR ARBR ARBR

AR
1AR 100 20 AR
80120
2AR
AR AR
180 150

3AR
AR 40 50

4AR AR
AR

BR
1BR 100
2BR AR BR 70150 80180

3 BR 300 400

4 BR 30 40

ARBR
1AR BR AR BR
2AR BR

3 AR BR

4BR 1/2 AR

5 BR AR
AR BR CR
CR
ARBR CR
ARBR
ARBR
26 ARBR
1 ARBR BR
AR ARBR
2BR AR AR

3 AR BR
AR BR ARBR
4BR AR

5 BR AR

ARBR
ARBR ARBR K
ARBR

1
K ARBR
ARBR

2
K ARBR
ARBR

ARBR
ARBR

1 ARBR M

M
2 ARBR W

3ARBR
ARBR
ARBR ARBR
42 ARBR ARBR

1 ARBR 100 ARBR

50
ARBR
111
2 ARBR ARBR 100
ARBR
112

1 ARBR 100
ARBR
113
2 ARBR 100 100
ARBR

19 VR
VR Volume
Ratio,

VR
VR
VR
VR

VR

 VR

VR VR
VR
VR

VR
VR

VR VR VR VR VR
VR VR VR
VR VR

VR
1
VRN =N N
N 12
2
1N UV N UV
UVS
2N DV N DV
DVS
3N PV N PV
PVS
4 N VR
VRN=UVS1/2PVSDVS1/2PVS

VR
VR

VR

VR VR VR
26 VR
VR
VR 4
1
VR 4070

2
VR 80150

3
VR 160450

4
VR 450

VR
1 VR

2 VR

3 VR
VR
4 VR

5 VR VR

6 VR VR

VR
VR VR VR
VR
VR
1 VR M

M
2 VR W

W
3VR M W
VR
VR VR K
VR
K VR
VR

K VR VR

VR
VR

VR
VR VR
VR VR
VR OBV
VR

1 VR OBV
VR OBV VR
151
2 VR OBV
VR OBV
VR 152

1 VR OBV
VR
153
2 VR OBV
VR

20 BIAS
BIAS Y

BIAS
BIAS
BIAS

BIAS

BIAS

N N N
N

N BIAS=N N 100
N 5 10 30 60
5 6 12 18 24 72 6
.
BIAS
 BIAS

5 10
1 5 5
5 5

2 5 10
5 10

3
10 10
10 5
10 15 10
10
BIAS
BIAS
BIAS
BIAS BIAS 3
BIAS
1 BIAS 0

2 BIAS BIAS

3 BIAS BIAS BIAS

BIAS

4 BIAS

5 BIAS

6 BIAS

7 BIAS

8 BIAS

BIAS
BIAS
BIAS 0
12 BIAS
1BIAS
BIAS
1 BIAS M

M
2 BIAS W

W
3BIAS M W
2BIAS
1 BIAS

2 BIAS 0

3 BIAS

4 BIAS 0

5 BIAS

6 BIAS

BIAS
BIAS

1 BIAS
BIAS
BIAS BIAS 3

2 BIAS
BIAS
BIAS BIASMA
4 BIAS 4

BIAS BIASMA BIAS

BIAS
1 BIAS BIASMA

2 BIAS BIASMA

3 BIAS BIASMA

4 BIAS BIASMA

5 BIAS BIASMA

6 BIAS BIASMA

7 BIAS BIASMA

8 BIAS BIASMA

9 BIAS BIASMA

BIAS
BIAS BIAS BIAS
5
50 BIAS BIAS

1 5 BIAS 50 BIAS 0 5
BIAS 50 BIAS
BIAS

51
2 5 BIAS 50 BIAS 0 5 BIAS
50 BIAS
BIAS
52

3 5 BIAS 0 50 BIAS

BIAS 53

4 5 BIAS 0 50 BIAS

BIAS
 21 OBOS
OBOS Over Bought Over Sold ADR
ADL
OBOS
OBOS
OBOS

OBOS ADR

ADL
OBOS

OBOS
OBOS
OBOS
OBOS
OBOS

OBOS
OBOS N OBOS N OBOS
N OBOS

OBOS
OBOSN =NANB
NAN
NBN
N OBOS
OBOS ADR
OBOS
ADR
ADR
OBOS
ADR
ADR
OBOS 0 1NA= NB
OBOS OBOS
OBOS

1020 OBOS OBOS

OBOS

1 47 41 +6 +6
2 49 19 +30 +36
3 23 46 23 +13
4 12 65 53 40
5 33 29 +4 36
6 29 32 3 39
7 44 40 +4 35
8 27 50 23 58
9 30 46 16 74
10 27 48 21 95
OBOS OBOS
OBOS OBOS
OBOS OBOS
OBOS

OBOS

OBOS OBOS OBOS

10 OBOS
OBOS
1OBOS 0OBOS 0
OBOS
OBOS
2 OBOS=0
OBOS0
OBOS0

3OBOS 0
OBOS 0
OBOS 0

OBOS
10BOS

2 OBOS

1
OBOS 50 OBOS
50 OBOS
50
2
OBOS 1000 OBOS
+1000 OBOS
1000
3

OBOS
OBOS OBOS OBOS
OBOS
OBOS
ADLADR OBOS

ADR
1OBOS

2OBOS

3OBOS

OBOS

4OBOS

OBOS

OBOS
1OBOS
1 OBOS

2 OBOS

2OBOS
1 OBOS M

M
2 OBOS W

W
3OBOS M W

OBOS
OBOS
OBOS 0
80 OBOS OBOS

1 80 OBOS
0 OBOS 0

OBOS
191
2 OBOS 0
OBOS 0

OBOS
192

1 OBOS 0
OBOS 0
OBOS

193
2 OBOS 0
OBOS 0
OBOS

22 ADR
ADR Advance Decline
Ratio ADL
ADR
ADR
ADR

ADL ADR

ADL

ADR


ADR

ADR

ADR
1ADR
ADR N ADR N ADR
N ADR N ADR N ADR
ADR ADR

ADR
ADRN =P1P2
P1=NAN
P2=NDN
N ADR

ADR ADR
1 ADR ADR

ADR
ADR
ADR
1 ADR
1014 5253060 ADR ADR

2ADR
6 ADR
1 PA 6
2 PB 6
3 6 ADR ADR=PAPB
4 7 6 PA 7
7 6 PC
5 7 6 PB 7
7 6 PD
6 7 ADR=PCPD
7 8 ADR
8
 1994 11 6 ADR ADR
ADR

6 ADR
ADR
11.18 79 92
11.21 86 85
11.22 6 186
11.23 5 193
11.24 75 93
11.25 187 11 438 660 0.66
11.28 25 159 384 727 0.53
11.29 77 91 375 733 0.51
11.30 35 132 404 679 0.59
ADR
ADR
ADR
ADR ADR

ADR
1 ADR ADR 0
ADR
ADR
91 ADR 10 ADR
3
2 ADR
1ADR 0.51.5 ADR ADR

ADR
2 ADR 0.30.5 1.52 ADR
ADR 1.52
ADR 0.30.5

ADR
3 ADR 0.3 2 ADR ADR

3ADR
1 ADR 0.5

2 ADR 1.5


3 ADR 0.51.5

4 ADR 0.3

5 ADR 1.5

ADR
ADR
ADR
ADR

1ADR

2ADR

3ADR

ADR

4ADR

ADR

ADR
ADR ADR ADR

ADR
1 ADR M

M
2 ADR W

W
3ADR M W

ADR
ADR ADR
1 1 ADR
ADR 1

ADR
ADR
ADR 1
88 ADR ADR

1 88 ADR 1
ADR 1

ADR
181

2 ADR 1
ADR 1

ADR
182

1 ADR 1
ADR 1
ADR

183
2 ADR 1
ADR 1
ADR

24 ADL
ADL Advance Decline Line
ADL
ADL
ADL
ADL

ADL
ADL
 ADL ADL

ADL

ADL

ADL ADL

ADL
ADL ADL
ADL
ADL
ADL ADL
A F B
ADL
ADL= ADLAF

ADL=AF
A
F
ADL ADL ADL
ADL ADL ADL
ADL
ADL
ADL ADL

ADL
ADL
ADL
ADL ADL
 ADL

ADL
1ADL

2ADL

3 ADL

4 ADL

ADL
1 ADL

2 ADL

3
ADL

4
ADL

ADL
ADL ADL ADL N
ADL
ADL
1

DAL

ADL ADL

DAL

ADL
ADL

ADL
ADL

1 ADL M

M
2 ADL W

3ADL M W
ADL MA
1 ADL MA ADL MA

2 ADL MA

3 ADL MA
MA ADL MA
ADL

4 ADL MA

5 ADL MA ADL
MA ADL

6 ADL

7 ADL MA MA

8 ADL MA

9 ADL MA

10 ADL MA MA

11 ADL MA