‫ﺗﺌﻮﺭﻱ ﺁﺷﻔﺘﮕﻲ‬

‫ﺩﻛﺘﺮ ﺑﻴﻞ ﻭﻳﻠﻴﺎﻣﺰ‬

‫ﮔﺮﺩﺁﻭﺭﻱ‪ :‬ﺍﻓﺸﻴﻦ ﮔﻠﻲ ﺣﻘﻴﻘﻲ‬

‫‪Table of Contents‬‬
‫ﻣﻔﺎﻫﻴﻢ‪1 ............................. ................................ ................................ ................................‬‬

‫ﺍﺑﻌﺎﺩ ﺑﺎﺯﺍﺭ ‪1 ......................... ................................ ................................ ................................‬‬

‫ﺍﻧﺪﻳﻜﺎﺗﻮﺭ ‪2 ............................... ................................ ................................ Alligator‬‬

‫ﺍﺳﻴﻼﺗﻮﺭ ‪3 ...... ................................ ................................ ................................ Gator‬‬

‫ﺑﻌﺪ ﺍﻭﻝ‪ :‬ﻓﺮﺍﻛﺘﺎﻟﻬﺎ ‪4 ........... ................................ ................................ ................................‬‬

‫ﺳﻴﮕﻨﺎﻝ ﻓﺮﺍﻛﺘﺎﻝ ‪4 ....... ................................ ................................ ................................‬‬

‫ﺑﻌﺪ ﺩﻭﻡ‪ :‬ﺍﺳﻴﻼﺗﻮﺭ ﺷﮕﻔﺖ ﺍﻧﮕﻴﺰ ‪5 ............. ................................ ................................ AO‬‬

‫ﺳﻴﮕﻨﺎﻝ ﻧﻌﻠﺒﻜﻲ ‪5 ................................ ................................ ................................ AO‬‬

‫ﺳﻴﮕﻨﺎﻝ ﺗﻘﺎﻃﻊ ‪6 .. ................................ ................................ ................................ AO‬‬

‫ﺳﻴﮕﻨﺎﻝ ﻗﻠﻪ ﺩﻭ ﻗﻠﻮ ‪7 ... ................................ ................................ ................................‬‬

‫ﺑﻌﺪ ﺳﻮﻡ‪ :‬ﺍﺳﻴﻼﺗﻮﺭ ‪7 .. ................................ ................................ ................................ AC‬‬

‫ﺳﻴﮕﻨﺎﻝ ﺧﺮﻳﺪ ﺑﺎﻻﻱ ﺧﻂ ﺻﻔﺮ ﻭ ﻓﺮﻭﺵ ﺯﻳﺮ ﺧﻂ ﺻﻔﺮ ‪8 .............. ................................‬‬

‫ﺳﻴﮕﻨﺎﻝ ﺧﺮﻳﺪﺯﻳﺮ ﺧﻂ ﺻﻔﺮ ﻭ ﻓﺮﻭﺵ ﺑﺎﻻﻱ ﺧﻂ ﺻﻔﺮ ‪9 ............... ................................‬‬

‫ﺑﻌﺪ ﭼﻬﺎﺭﻡ‪ :‬ﺗﺮﻳﺪ ﺩﺭ ﻣﻨﻄﻘﻪ ‪9 ............................ ................................ ................................‬‬

‫ﺑﻌﺪ ﭘﻨﺠﻢ‪ :‬ﺧﻂ ﺗﺮﺍﺯ ‪10 ....... ................................ ................................ ................................‬‬

‫ﺳﻴﮕﻨﺎﻝ ﺧﺮﻳﺪ ﺑﺎﻻﻱ ﺧﻂ ﺗﺮﺍﺯ ‪12 ................. ................................ ................................‬‬

‫ﺳﻴﮕﻨﺎﻝ ﺧﺮﻳﺪ ﺯﻳﺮ ﺧﻂ ﺗﺮﺍﺯ ‪13 .................... ................................ ................................‬‬

‫ﺳﻴﮕﻨﺎﻝ ﻓﺮﻭﺵ ﺯﻳﺮ ﺧﻂ ﺗﺮﺍﺯ ‪13 .................. ................................ ................................‬‬

 ‫ﺻﻔﺤﻪ ‪1‬‬ ‫ﺗﺌﻮﺭﻱ ﺁﺷﻔﺘﮕﻲ‬

‫ﻣﻔﺎﻫﻴﻢ‬
‫‪1‬‬
‫ﺑﻴﻞ ﻭﻳﻠﻴﺎﻣﺰ ﺗﺌﻮﺭﻱ ﻣﻨﺤﺼﺮ ﺑﻔﺮﺩﻱ ﺭﺍ ﺑﺎ ﺗﺮﻛﻴﺐ ﻋﻠﻢ ﺭﻭﺍﻧﺸﻨﺎﺳﻲ ﻣﻌﺎﻣﻠﻪ ﻭ ﺗﺌﻮﺭﻱ ﺁﺷﻔﺘﮕﻲ ﻭ ﺗﺎﺋﻴﺮ‬
‫‪F0‬‬

‫ﺁﻥ ﺑﺮ ﺑﺎﺯﺍﺭ ﺍﺭﺍﺋﻪ ﻧﻤﻮﺩ‪ .‬ﺑﻨﻈﺮ ﺍﻭ ﺑﺮﺩ ﻭ ﺑﺎﺧﺖ ﺩﺭ ﻣﻌﺎﻣﻼﺕ ﻭ ﺳﺮﻣﺎﻳﻪ ﮔﺬﺍﺭﻱ ﺑـﻪ ﺧﺼﻮﺻـﻴﺎﺕ ﺭﻓﺘـﺎﺭﻱ ﻭ‬
‫ﺷﺨﺼﻴﺘﻲ ﺍﻓﺮﺍﺩ ﺑﺴﺘﮕﻲ ﺩﺍﺭﺩ ﻭ ﻫﺮ ﻛﺲ ﻣﻲ ﺗﻮﺍﻧﺪ ﺩﺭ ﺻﻮﺭﺕ ﺷﻨﺎﺧﺖ ﺧﺼﻮﺻﻴﺎﺕ ﺑﺎﺯﺍﺭ ﻭ ﺍﺗﻔﺎﻗﺎﺕ ﻏﻴﺮ‬
‫ﻗﺎﺑﻞ ﭘﻴﺶ ﺑﻴﻨﻲ ﺁﻥ ﺑﻪ ﻳﻚ ﻣﻌﺎﻣﻠﻪ ﮔﺮ ﻳﺎ ﺳﺮﻣﺎﻳﻪ ﮔﺬﺍﺭ ﻣﻮﻓﻖ ﻭ ﭘﺮ ﺳﻮﺩ ﺗﺒﺪﻳﻞ ﮔﺮﺩﺩ‪.‬‬

‫ﻭﻳﻠﻴﺎﻣﺰ ﻋﻘﻴﺪﻩ ﺩﺍﺭﺩ ﺗﺤﻠﻴﻞ ﮔﺮﺍﻥ ﺑﻨﻴﺎﺩﻱ ﻭ ﺗﻜﻨﻴﻜﺎﻝ ﻧﻤﻲ ﺗﻮﺍﻧﻨﺪ ﺳﻮﺩﺩﻫﻲ ﻣﺴﺘﻤﺮ ﺭﺍ ﺿﻤﺎﻧﺖ ﻛﻨﻨـﺪ‬
‫ﺯﻳﺮﺍ ﺁﻧﻬﺎ ﺑﺎﺯﺍﺭ ﻭﺍﻗﻌﻲ ﺭﺍ ﻧﻤﻲ ﺑﻴﻨﻨﺪ‪ .‬ﺍﻳﻦ ﻣﻌﺎﻣﻠﻪ ﮔﺮﺍﻥ ﭼﻮﻥ ﺑﻪ ﺍﻧﻮﺍﻉ ﺭﻭﺵ ﺗﺤﻠﻴﻞ ﺍﻋﺘﻤـﺎﺩ ﻛـﺮﺩﻩ ﻭ ﺑـﻪ‬
‫ﺭﻓﺘﺎﺭ ﭘﻮﻳﺎ ﻭ ﻏﻴﺮ ﺧﻄﻲ ﺑﺎﺯﺍﺭ ﺗﻮﺟﻪ ﻧﺪﺍﺭﻧﺪ‪ ،‬ﻫﻤﻴﺸﻪ ﺿﺮﺭ ﻣﻴﻜﻨﻨﺪ‪.‬‬

‫ﻣﻌﺎﻣﻠﻪ ﻳﻚ ﺑﺎﺯﻱ ﺭﻭﺍﻥ ﺷﻨﺎﺧﺘﻲ ﺍﺳﺖ‪ .‬ﺭﻭﺵ ﺑﺮﺩ ﺑﺎﺯﻱ ﺷﻨﺎﺧﺖ ﺧﻮﺩ ﻭ ﺩﺍﻧﺶ ﻭ ﺍﺩﺭﺍﻙ ﺧـﻮﺩ ﺑـﻮﺩﻩ ﻭ‬
‫ﺑﻬﺘﺮﻳﻦ ﺭﻭﺵ ﻣﻮﻓﻘﻴﺖ ﭘﻴﺪﺍ ﻛﺮﺩﻥ ﺭﻭﺵ ﻣﻌﺎﻣﻼﺗﻲ ﺷﺨﺼﻲ ﻭ ﺍﺳﺘﻔﺎﺩﻩ ﻭ ﭘﻴﺮﻭﻱ ﺍﺯ ﺁﻥ ﺍﺳـﺖ‪ .‬ﺑﻨـﺎﺑﺮﺍﻳﻦ‬
‫ﺩﻭ ﻧﻜﺘﻪ ﺣﺎﺋﺰ ﺍﻫﻤﻴﺖ ﺍﺳﺖ‪ :‬ﺷﻨﺎﺧﺖ ﺧﻮﻳﺸﺘﻦ ﻭ ﺩﺭﻙ ﺳﺎﺧﺘﺎﺭ ﺑﺎﺯﺍﺭ‪.‬‬

‫ﭘﻮﻝ ﺩﺭ ﺁﻭﺭﺩﻥ ﺩﺭ ﺻﻮﺭﺕ ﻓﻬﻢ ﺳﺎﺧﺘﺎﺭ ﺑﺎﺯﺍﺭ ﺳﻬﻞ ﻭ ﺁﺳﺎﻥ ﺍﺳﺖ‪ .‬ﺑﺮﺍﻱ ﺩﺭﻙ ﺑﺎﺯﺍﺭ ﺑﺎﻳﺪ ﺍﺟﺰﺍء ﺁﻥ ﻛـﻪ‬
‫ﻣﺎ ﺁﻥ ﺭﺍ ﺍﺑﻌﺎﺩ ﺑﺎﺯﺍﺭ ﻣﻲ ﻧﺎﻣﻴﻢ ﺭﺍ ﺷﻨﺎﺧﺖ‪.‬‬

‫ﺍﺑﻌﺎﺩ ﺑﺎﺯﺍﺭ‬
‫ﺍﺑﻌﺎﺩ ﺑﺎﺯﺍﺭ ﻋﺒﺎﺭﺗﻨﺪ ﺍﺯ‪:‬‬

‫ﻓﺮﺍﻛﺘﺎﻝ )‪(Fractal‬‬ ‫‪.1‬‬

‫ﺣﺮﻛﺖ ﻳﺎ ﻣﻮﻣﻨﺘﻮﻡ ﺑﺎﺯﺍﺭ )‪(Awesome Oscillator‬‬ ‫‪.2‬‬
‫ﺷﺘﺎﺏ ﻭ ﻛﻨﺪﻱ ﺑﺎﺯﺍﺭ )‪(Acceleration/Deceleration‬‬ ‫‪.3‬‬
‫ﻣﻨﺎﻃﻖ ﻗﺪﺭﺕ ﻭ ﺍﻧﺮژﻱ )‪(Zone‬‬ ‫‪.4‬‬

‫‪1‬‬
‫‪Chaos Theory‬‬
 ‫ﺻﻔﺤﻪ ‪2‬‬ ‫ﺗﺌﻮﺭﻱ ﺁﺷﻔﺘﮕﻲ‬

‫ﺧﻂ ﺗﺮﺍﺯ )‪(Balance Line‬‬ ‫‪.5‬‬

‫ﺯﻣﺎﻧﻲ ﻛﻪ ﭘﻮﺯﻳﺸﻦ ﺩﺭ ﻣﺴﻴﺮ ﺍﻭﻟﻴﻦ ﺳﻴﮕﻨﺎﻝ ﻓﺮﺍﻛﺘﺎﻟﻲ ﻓﻌﺎﻝ ﺷﺪ‪ ،‬ﺗﺮﻳـﺪﺭ ﻣـﻲ ﺗﻮﺍﻧـﺪ ﺑـﺎ ﺗﻮﺟـﻪ ﺑـﻪ‬
‫ﺳﻴﮕﻨﺎﻝ ﺍﺑﻌﺎﺩ ﺩﻳﮕﺮ ﭘﻮﺯﻳﺸﻦ ﻫﺎﻱ ﺟﺪﻳﺪﻱ ﺍﺿﺎﻓﻪ ﻧﻤﺎﻳﺪ‪ .‬ﺑﺎ ﺍﻳﻦ ﻛﺎﺭ ﺍﺯ ‪ 30‬ﺩﺭﺻﺪ ﺣﺮﻛﺖ ﺑﺎﺯﺍﺭ ﻣﻲ ﺗﻮﺍﻥ‬
‫ﺑﻪ ﺍﻧﺪﺍﺯﻩ ‪ 90‬ﺍﻟﻲ ‪ 120‬ﺩﺭﺻﺪ ﺳﻮﺩ ﻛﺮﺩ‪.‬‬

‫ﺩﺭ ﺭﻭﺵ ﻭﻳﻠﻴﺎﻣﺰ ﺧﺮﻭﺝ ﺍﺯ ﺑﺎﺯﺍﺭ ﺑﺴﻴﺎﺭ ﺑﻪ ﺣﺮﻛﺖ ﺑﺎﺯﺍﺭ ﻓﻌﺎﻝ ﻣﻲ ﺑﺎﺷﺪ ﻭ ﺍﻳﻦ ﺭﻭﺵ ﺑﺎﻋﺚ ﻣﻴﺸـﻮﺩ ﺩﺭ‬
‫‪ 10‬ﺩﺭﺻﺪ ﺁﺧﺮ ﺗﺮﻧﺪ ﺳﻮﺩ ﺧﻮﺩ ﺭﺍ ﺗﺜﺒﻴﺖ ﻛﻨﻴﺪ ﻭ ﻧﻴﺰ ﺑﻴﺶ ﺍﺯ ‪ 80‬ﺩﺭﺻﺪ ﺣﺮﻛﺎﺕ ﺑﺎﺯﺍﺭ ﺭﺍ ﻣﻌﺎﻣﻠﻪ ﻛﻨﻴﺪ‪.‬‬

‫ﺍﻧﺪﻳﻜﺎﺗﻮﺭ ‪Alligator‬‬
‫ﺑﻴﻞ ﻭﻳﻠﻴﺎﻣﺰ ﺍﻧﺪﻳﻜﺎﺗﻮﺭ ﺗﻤﺴﺎﺡ ﻳﺎ ﺍﻟﻴﮕﻴﺘﻮﺭ ﺭﺍ ﺑﻪ ﻋﻨﻮﺍﻥ ﻗﻄﺐ ﻧﻤﺎﺋﻲ ﺟﻬـﺖ ﺗﻌﻴـﻴﻦ ﺟﻬـﺖ ﺗﺮﻧـﺪ ﻭ‬
‫ﺣﺮﻛﺖ ﺑﺎﺯﺍﺭ ﻣﻌﺮﻓﻲ ﻧﻤـﻮﺩﻩ ﺍﺳـﺖ‪ .‬ﺍﻟﻴﮕﻴﺘـﻮﺭ ﻛﻤـﻚ‬
‫ﻣﻴﻜﻨﺪ ﻛـﻪ ﺗﺮﻧـﺪ ﻫـﺎﻱ ﻭﺍﻗﻌـﻲ ﺭﺍ ﺗﺸـﺨﻴﺺ ﺩﺍﺩﻩ ﻭ‬
‫ﻧﻴﺰ ﺩﺭ ﺑﺎﺯﺍﺭ ﺭﻧﺞ ﺗﺮﻳﺪ ﻧﻜﻨﻴﺪ‪.‬‬

‫ﺍﻟﻴﮕﻴﺘﻮﺭ ﺗﺮﻛﻴﺐ ﺳﻪ ﺧﻂ ﺑﺎﻻﻧﺲ ﺯﻳﺮ ﺍﺳﺖ‪:‬‬

‫‪ ‬ﺧـــﻂ ﺁﺑـــﻲ ﻳـــﺎ ﺁﺭﻭﺍﺭﻩ ﺗﻤﺴـــﺎﺡ‪:‬‬

‫‪Smoothed Moving average 13 at mid price shifted 8 to future‬‬
‫‪ ‬ﺧﻂ ﻗﺮﻣﺰ ﻳﺎ ﺩﻧﺪﺍﻥ ﺗﻤﺴـﺎﺡ‪Smoothed Moving average 8 at mid price :‬‬
‫‪shifted 5 to future‬‬
‫‪ ‬ﺧﻂ ﺳﺒﺰ ﻳـﺎ ﻟـﺐ ﺗﻤﺴـﺎﺡ‪Smoothed Moving average 5 at mid price :‬‬
‫‪shifted 3 to future‬‬
 ‫ﺻﻔﺤﻪ ‪3‬‬ ‫ﺗﺌﻮﺭﻱ ﺁﺷﻔﺘﮕﻲ‬

‫ﺍﮔﺮ ﻫﺮ ﺳﻪ ﺧﻂ ﺩﺭ ﻫﻢ ﺗﻨﻴﺪﻩ ﻭ ﻧﺰﺩﻳﻚ ﺑﻮﺩ‪ ،‬ﺗﻤﺴﺎﺡ ﺧﻮﺍﺑﻴﺪﻩ ﺍﺳﺖ ﻭ ﺑﺎﺯﺍﺭ ﺭﻧﺞ ﻣﻲ ﺑﺎﺷﺪ‪ .‬ﭘﺲ ﺍﺯ ﻳﻚ‬
‫ﺧﻮﺍﺏ ﻃﻮﻻﻧﻲ ﺗﻤﺴﺎﺡ ﮔﺮﺳﻨﻪ ﻣﻲ ﺷﻮﺩ ﻭ ﺑﻴﺪﺍﺭ ﻣﻴﮕﺮﺩﺩ ﻭ ﻗﻴﻤﺖ ﺭﺍ ﺩﻧﺒﺎﻝ ﻣﻴﻜﻨﺪ‪ .‬ﻗﻴﻤﺖ ﺩﺭ ﺍﻳﻦ ﺯﻣـﺎﻥ‬
‫ﺍﺯ ﺍﻭ ﺩﻭﺭ ﺷﺪﻩ ﻭ ﺣﺮﻛﺖ ﻗﺪﺭﺗﻤﻨﺪﻱ ﺭﺍ ﺁﻏﺎﺯ ﻣﻲ ﻧﻤﺎﻳﺪ‪ .‬ﺯﻣﺎﻧﻲ ﻛﻪ ﺗﻤﺴﺎﺡ ﺑﻴﺪﺍﺭ ﻣﻴﮕﺮﺩﺩ ﺩﻫﺎﻥ ﺧـﻮﺩ ﺭﺍ‬
‫ﺑﺎﺯ ﻣﻴﻜﻨﺪ )ﻭﺍﮔﺮﺍﻳﻲ ﺧﻄﻮﻁ ﺍﻟﻴﮕﻴﺘﻮﺭ( ﻭ ﺷﻜﺎﺭ ﺭﺍ ﺁﻏﺎﺯ ﻣﻲ ﻧﻤﺎﻳﺪ‪ .‬ﺯﻣﺎﻧﻲ ﻛﻪ ﺑﻪ ﺍﻧﺪﺍﺯﻩ ﻛﺎﻓﻲ ﺗﻐﺬﻳﻪ ﻧﻤﻮﺩ‬
‫ﺩﻭﺑﺎﺭﻩ ﺑﻪ ﺧﻮﺍﺏ ﻣﻴﺮﻭﺩ )ﻫﻤﮕﺮﺍﻳﻲ ﺧﻄﻮﻁ ﺍﻟﻴﮕﻴﺘﻮﺭ( ﭘﺲ ﺩﺭ ﺍﻳﻦ ﺯﻣﺎﻥ ﺗﺮﻳﺪﺭ ﺳﻮﺩ ﺧﻮﺩ ﺭﺍ ﺗﺜﺒﻴﺖ ﻣـﻲ‬
‫ﻧﻤﺎﻳﺪ‪.‬‬

‫ﺯﻣﺎﻧﻲ ﻛﻪ ﺗﻤﺴﺎﺡ ﺑﻴﺪﺍﺭ ﺍﺳﺖ ﺑﺎﺯﺍﺭ ﻳﻜﻲ ﺍﺯ ﺩﻭ ﺣﺎﻟﺖ ﺭﻭ ﺑﻪ ﺑﺎﻻ ﻳﺎ ﺭﻭ ﺑﻪ ﭘﺎﻳﻴﻦ ﺩﺍﺭﺩ‪ .‬ﺍﮔﺮ ﻗﻴﻤﺖ ﺑـﺎﻻﻱ‬
‫ﺩﻫﺎﻥ ﺗﻤﺴﺎﺡ ﺑﻮﺩ ﺣﺮﻛﺖ ﺗﺮﻧﺪ ﺭﻭ ﺑﻪ ﺑﺎﻻ ﻭ ﺍﮔﺮ ﻗﻴﻤﺖ ﺯﻳﺮ ﺩﻫﺎﻥ ﺗﻤﺴﺎﺡ ﺑﻮﺩ ﺣﺮﻛﺖ ﺗﺮﻧﺪ ﺭﻭ ﺑﻪ ﭘﺎﻳﻴﻦ ﻭ‬
‫ﻧﺰﻭﻟﻲ ﺍﺳﺖ‪.‬‬

‫ﺍﮔﺮ ﻗﻴﻤﺖ ﺧﺎﺭﺝ ﺍﺯ ﺩﻫﺎﻥ ﺗﻤﺴﺎﺡ ﺑﻮﺩ ﺑﺎﺯﺍﺭ ﺩﺍﺭﺍﻱ ﻣﻮﺝ ﺍﻳﻤﭙﺎﻟﺲ ﻭ ﺍﮔﺮ ﻗﻴﻤﺖ ﺩﺭﻭﻥ ﺩﻫـﺎﻥ ﺗﻤﺴـﺎﺡ‬
‫ﺑﻮﺩ ﺩﺍﺭﺍﻱ ﻣﻮﺝ ﺍﺻﻼﺣﻲ ﻣﻲ ﺑﺎﺷﺪ‪.‬‬

‫ﺍﺳﻴﻼﺗﻮﺭ ‪Gator‬‬
‫ﺍﻳﻦ ﺍﺳﻴﻼﺗﻮﺭ ﻣﻴﺰﺍﻥ ﻫﻤﮕﺮﺍﻳـﻲ ﻭ ﻳـﺎ ﻭﺍﮔﺮﺍﻳـﻲ ﺧﻄـﻮﻁ ﺑـﺎﻻﻧﺲ ﺭﺍ ﻧﺸـﺎﻥ ﻣﻴﺪﻫـﺪ ﻭ ﺷـﺎﻣﻞ‬
‫ﺩﻭ ﻫﻴﺴﺘﻮﮔﺮﺍﻡ ﺍﺳﺖ‪:‬‬

‫‪ ‬ﻫﻴﺴﺘﻮﮔﺮﺍﻡ ﺑﺎﻻﻱ ﺻـﻔﺮ ﻓﺎﺻـﻠﻪ ﺑـﻴﻦ ﺧﻄـﻮﻁ ﺁﺑـﻲ ﻭ ﻗﺮﻣـﺰ )ﺁﺭﻭﺍﺭﻩ ﻭ ﺩﻧـﺪﺍﻥ( ﺭﺍ‬
‫ﻧﺸﺎﻥ ﻣﻴﺪﻫﺪ‪.‬‬
‫‪ ‬ﻫﻴﺴـﺘﻮﮔﺮﺍﻡ ﺯﻳــﺮ ﺻــﻔﺮ ﻓﺎﺻــﻠﻪ ﺑــﻴﻦ ﺧﻄــﻮﻁ ﻗﺮﻣــﺰ ﻭ ﺳــﺒﺰ )ﺩﻧــﺪﺍﻥ ﻭ ﻟــﺐ( ﺭﺍ‬
‫ﻧﺸﺎﻥ ﻣﻴﺪﻫﺪ‪.‬‬

‫ﻫﺮ ﻛﺪﺍﻡ ﺍﺯ ﻣﻴﻠﻪ ﻫﺎﻱ ﺍﺳﻴﻼﺗﻮﺭ ﻣﻲ ﺗﻮﺍﻧﺪ ﺳـﺒﺰ ﻳـﺎ ﻗﺮﻣـﺰ ﺑﺎﺷـﺪ‪ .‬ﻣﻴﻠـﻪ ﻗﺮﻣـﺰ ﻳﻌﻨـﻲ ﻣﻘـﺪﺍﺭ‬
‫ﺍﻳﻦ ﻣﻴﻠﻪ ﻛﻤﺘﺮ ﺍﺯ ﻣﻴﻠﻪ ﻗﺒﻞ ﺍﺳﺖ ﻭ ﻣﻴﻠﻪ ﺳﺒﺰ ﻳﻌﻨﻲ ﻣﻘـﺪﺍﺭ ﺍﻳـﻦ ﻣﻴﻠـﻪ ﺑﻴﺸـﺘﺮ ﺍﺯ ﻣﻴﻠـﻪ ﻗﺒﻠـﻲ‬
‫ﻣﻲ ﺑﺎﺷﺪ‪.‬‬
 ‫ﺻﻔﺤﻪ ‪4‬‬ ‫ﺗﺌﻮﺭﻱ ﺁﺷﻔﺘﮕﻲ‬

‫‪2‬‬
‫ﺑﻌﺪ ﺍﻭﻝ‪ :‬ﻓﺮﺍﻛﺘﺎﻟﻬﺎ‬
‫‪F1‬‬

‫ﺑﻴﻞ ﻭﻳﻠﻴﺎﻣﺰ ﻣﻌﺘﻘﺪ ﺍﺳﺖ ﻗﺒﻞ ﺍﺯ ﺍﻳﻨﻜﻪ ﺳﻴﮕﻨﺎﻝ ﺍﻭﻟـﻴﻦ ﻓﺮﺍﻛﺘـﺎﻝ ﻇـﺎﻫﺮ ﻧﺸـﺪﻩ ﺑﻬﺘـﺮ ﺍﺳـﺖ‬
‫ﺗﺮﻳﺪ ﻧﻜﻨﻴﺪ‪.‬‬

‫ﻓﺮﺍﻛﺘﺎﻝ ﺧﺮﻳﺪ ﻳﻚ ﺳﺮﻱ ﺷـﺎﻣﻞ ﭘـﻨﺞ ﻣﻴﻠـﻪ ﻣﺘـﻮﺍﻟﻲ ﺍﺳـﺖ ﻛـﻪ ‪ high‬ﺑـﺎﻻﺗﺮﻳﻦ ﺁﻥ ﺑـﺎﻻﺗﺮ‬
‫ﺍﺯ ﻫﺎﻱ ﺩﻭ ﻣﻴﻠﻪ ﻗﺒﻠﻲ ﻭ ﻫﺎﻱ ﺩﻭ ﻣﻴﻠﻪ ﺑﻌـﺪﻱ ﺑﺎﺷـﺪ‪ .‬ﻓﺮﺍﻛﺘـﺎﻝ ﻓـﺮﻭﺵ ﺑـﺮ‬
‫ﻋﻜﺲ ﺍﻳﻦ ﺍﺳﺖ‪ .‬ﻓﺮﺍﻛﺘﺎﻟﻬﺎﻱ ﻣﺠـﺎﻭﺭ )ﺧﺮﻳـﺪ ﻳـﺎ ﻓـﺮﻭﺵ( ﻣﻤﻜـﻦ ﺍﺳـﺖ‬
‫ﺩﺭ ﭼﻨﺪ ﻣﻴﻠﻪ ﻣﺸﺘﺮﻙ ﺑﺎﺷﻨﺪ‪.‬‬

‫ﺳﻴﮕﻨﺎﻝ ﻓﺮﺍﻛﺘﺎﻝ‬
‫‪3‬‬
‫ﺍﮔﺮ ﻳﻚ ﻓﺮﺍﻛﺘﺎﻝ ﺧﺮﻳﺪ ﺑﺎﻻﻱ ﺩﻧـﺪﺍﻥ ﺗﻤﺴـﺎﺡ ﺑـﻮﺩ ﻣـﻲ ﺗـﻮﺍﻧﻴﻢ ﻳـﻚ‬
‫‪F2‬‬

‫ﺍﺭﺩﺭ ‪ Buy Stop‬ﺩﺭ ﻳﻚ ﭘﻴﭗ ﺑﺎﻻﺗﺮ ﺍﺯ ﻫﺎﻱ ﻓﺮﺍﻛﺘﺎﻝ ﺑﺎﻻ ﻗﺮﺍﺭ ﺩﻫﻴﻢ‪.‬‬

‫ﺍﮔﺮ ﻳﻚ ﻓﺮﺍﻛﺘﺎﻝ ﻓـﺮﻭﺵ ﺯﻳـﺮ ﺩﻧـﺪﺍﻥ ﺗﻤﺴـﺎﺡ ﺑـﻮﺩ ﻣـﻲ ﺗـﻮﺍﻧﻴﻢ ﻳـﻚ ﺍﺭﺩﺭ ‪ Sell Stop‬ﺩﺭ‬
‫ﻳﻚ ﭘﻴﭗ ﭘﺎﻳﻴﻦ ﺗﺮ ﺍﺯ ﻟـﻮ ﻓﺮﺍﻛﺘـﺎﻝ ﭘـﺎﻳﻴﻦ ﻗـﺮﺍﺭ‬
‫ﺩﻫﻴﻢ‪.‬‬

‫ﻫﺮﮔــﺰ ﻫﻨﮕﺎﻣﻴﻜــﻪ ﻓﺮﺍﻛﺘــﺎﻝ ﺧﺮﻳــﺪ ﺯﻳــﺮ‬

‫ﺩﻧﺪﺍﻥ ﺗﻤﺴﺎﺡ ﻭ ﻓﺮﺍﻛﺘﺎﻝ ﻓـﺮﻭﺵ ﺑـﺎﻻﻱ ﺩﻧـﺪﺍﻥ‬
‫ﺗﻤﺴﺎﺡ ﺍﺳﺖ ﺍﺭﺩﺭ ﻧﮕﺬﺍﺭﻳﺪ‪.‬‬

‫ﻓﺮﺍﻛﺘﺎﻝ ﺗﺎ ﺯﻣـﺎﻧﻲ ﻣﻌﺘﺒـﺮ ﺍﺳـﺖ ﻛـﻪ ﻳـﺎ ﺍﺭﺩﺭ‬

‫ﻣﺎ ﻓﻌﺎﻝ ﺷـﻮﺩ ﻭ ﻳـﺎ ﺩﺭ ﺟﻬـﺖ ﻣﺸـﺎﺑﻪ ﻓﺮﺍﻛﺘـﺎﻝ‬
‫ﺟﺪﻳــﺪﻱ ﻇــﺎﻫﺮ ﮔــﺮﺩﺩ‪ .‬ﺩﺭ ﺍﻳﻨﺼــﻮﺭﺕ ﺍﺭﺩﺭ ﺭﺍ ﺣــﺬﻑ ﻣــﻲ ﻛﻨــﻴﻢ ﻭ ﺳــﻴﮕﻨﺎﻝ ﻏﻴــﺮ ﻣﻌﺘﺒــﺮ‬
‫ﻣﻴﺸﻮﺩ‪.‬‬

‫‪2‬‬
‫‪Fractals‬‬
‫‪3‬‬
‫‪Alligator Teeth‬‬
 ‫ﺻﻔﺤﻪ ‪5‬‬ ‫ﺗﺌﻮﺭﻱ ﺁﺷﻔﺘﮕﻲ‬

‫ﻓﺮﺍﻛﺘﺎﻟﻬــﺎ ﺍﺟــﺰﺍ ﺗﺸــﻜﻴﻞ ﺩﻫﻨــﺪﻩ ﺑﻌــﺪ ﺍﻭﻝ ﺑــﺎﺯﺍﺭ ﻫﺴــﺘﻨﺪ‪ .‬ﻓﻘــﻂ ﺯﻣــﺎﻥ ﺷﻜﺴــﺘﻦ ﺍﻭﻟــﻴﻦ‬
‫ﻓﺮﺍﻛﺘﺎﻝ ﻣﻲ ﺗﻮﺍﻥ ﺩﺭ ﺟﻬﺖ ﺍﻭﻟﻴﻦ ﺳﻴﮕﻨﺎﻝ ﺍﻗﺪﺍﻡ ﺑﻪ ﻗﺮﺍﺭ ﺩﺍﺩﻥ ﺍﺭﺩﺭ ﻧﻤﻮﺩ‪.‬‬

‫ﺳﻴﮕﻨﺎﻟﻬﺎﻱ ﻓﺮﺍﻛﺘﺎﻟﻬﺎﻱ ﻣﺘـﻮﺍﻟﻲ ﺭﺍ ﻣﻴﺘـﻮﺍﻥ ﺟﻬـﺖ ﺍﺿـﺎﻓﻪ ﻧﻤـﻮﺩﻥ ﺑـﻪ ﭘﻮﺯﻳﺸـﻦ ﺩﺭ ﺟﻬـﺖ‬
‫ﺳﻴﮕﻨﺎﻝ ﺍﻭﻝ ﺑﻜﺎﺭ ﺑﺮﺩ‪.‬‬

‫‪4‬‬
‫ﺑﻌﺪ ﺩﻭﻡ‪ :‬ﺍﺳﻴﻼﺗﻮﺭ ﺷﮕﻔﺖ ﺍﻧﮕﻴﺰ ‪AO‬‬
‫‪3F‬‬

‫ﺍﺳــﻴﻼﺗﻮﺭ ‪ AO‬ﺷــﺘﺎﺏ ﺣﺮﻛــﺖ ﺑــﺎﺯﺍﺭ ﺭﺍ‬

‫ﺗﻌﻴﻴﻦ ﻣـﻲ ﻧﻤﺎﻳـﺪ )ﺑﻌـﺪ ﺩﻭﻡ ﺑـﺎﺯﺍﺭ( ﻭ ﺑـﺮ ﺭﻭﻱ‬
‫ﭼﺎﺭﺕ ﺑﺼـﻮﺭﺕ ﻫﻴﺴـﺘﻮﮔﺮﺍﻡ ﻧﻤـﺎﻳﺶ ﺩﺍﺩﻩ ﻣـﻲ‬
‫ﺷﻮﺩ‪.‬‬

‫ﻫﺮ ﻣﻴﻠـﻪ ﻫﻴﺴـﺘﻮﮔﺮﺍﻡ ﻛـﻪ ﺑﺰﺭﮔﺘـﺮ ﺍﺯ ﻣﻴﻠـﻪ‬

‫ﻗﺒﻠﻲ ﺑﻮﺩ ﺳﺒﺰ ﻭ ﺍﮔـﺮ ﻛـﻮﭼﻜﺘﺮ ﺍﺯ ﻣﻴﻠـﻪ ﻗﺒﻠـﻲ‬
‫ﺑﻮﺩ ﺑﻪ ﺭﻧﮓ ﻗﺮﻣﺰ ﻧﻤﺎﻳﺶ ﺩﺍﺩﻩ ﻣﻴﺸﻮﺩ‪.‬‬

‫‪ AO‬ﺳﻪ ﻧـﻮﻉ ﺳـﻴﮕﻨﺎﻝ ﺧﺮﻳـﺪ ﻭ ﺳـﻪ ﻧـﻮﻉ ﺳـﻴﮕﻨﺎﻝ ﻓـﺮﻭﺵ ﺻـﺎﺩﺭ ﻣﻴﻜﻨـﺪ ﻭﻟـﻲ ﺍﺯ ﺍﻳـﻦ‬
‫ﺳﻴﮕﻨﺎﻟﻬﺎ ﻓﻘـﻂ ﭘـﺲ ﺍﺯ ﻓﻌـﺎﻝ ﺷـﺪﻥ ﺳـﻴﮕﻨﺎﻝ ﺍﻭﻝ ﻓﺮﺍﻛﺘـﺎﻝ ﻭ ﺩﺭ ﺧـﺎﺭﺝ ﺍﺯ ﺩﻫـﺎﻥ ﺗﻤﺴـﺎﺡ‬
‫ﺍﺳﺘﻔﺎﺩﻩ ﻣﻲ ﻧﻤﺎﻳﻴﻢ‪.‬‬

‫‪5‬‬
‫‪F‬‬ ‫ﺳﻴﮕﻨﺎﻝ ﻧﻌﻠﺒﻜﻲ ‪AO‬‬
‫‪4‬‬

‫ﺳـﻴﮕﻨﺎﻝ ﺧﺮﻳـﺪ ﻧﻌﻠﺒﻜـﻲ ﺯﻣـﺎﻧﻲ ﻛـﻪ ﻫﻴﺴـﺘﻮﮔﺮﺍﻡ ﺑـﺎﻻﻱ ﺻـﻔﺮ ﺍﺳـﺖ ﻭ ﺍﺯ‬

‫‪4‬‬
‫‪Awesome Osillator‬‬
‫‪5‬‬
‫‪Saucer‬‬
 ‫ﺻﻔﺤﻪ ‪6‬‬ ‫ﺗﺌﻮﺭﻱ ﺁﺷﻔﺘﮕﻲ‬

‫ﻧﺰﻭﻟـﻲ ﺑــﻪ ﺻــﻌﻮﺩﻱ ﺗﻐﻴﻴـﺮ ﺟﻬــﺖ ﻣﻴﺪﻫــﺪ‬

‫ﺻﺎﺩﺭ ﻣﻴﮕﺮﺩﺩ‪.‬‬

‫ﻣﻴﻠﻪ ‪ A‬ﻫﻴﺴـﺘﻮﮔﺮﺍﻡ ﺑـﺎ ﻫـﺮ ﺭﻧﮕـﻲ ﺑﺎﻳـﺪ‬

‫ﺑــﺎﻻﺗﺮ ﺍﺯ ﻣﻴﻠــﻪ ‪ B‬ﺑﺎﺷــﺪ ﻭ ﻣﻴﻠــﻪ ‪ B‬ﻗﺮﻣــﺰ‬
‫ﺑﺎﺷﺪ‪ .‬ﻣﻴﻠﻪ ‪ C‬ﻳﺎ ﻣﻴﻠـﻪ ﺳـﻴﮕﻨﺎﻝ ﺑﺎﻳـﺪ ﺳـﺒﺰ‬
‫ﺑﺎﺷﺪ‪ .‬ﻭﻗﺘﻲ ﻛـﻪ ﺳـﻴﮕﻨﺎﻝ ﺻـﺎﺩﺭ ﺷـﺪ ﻳـﻚ‬
‫ﺍﺭﺩﺭ ‪ Buy Stop‬ﻳﻚ ﭘﻴـﭗ ﺑـﺎﻻﺗﺮ ﺍﺯ ﻫـﺎﻱ‬
‫ﻣﻴﻠــﻪ ﻗﻴﻤــﺖ ﻣﺮﺑــﻮﻁ ﺑــﻪ ﻣﻴﻠــﻪ ‪ C‬ﻗــﺮﺍﺭ‬
‫ﻣﻴــﺪﻫﻴﻢ‪ .‬ﺁﺧــﺮﻳﻦ ﺳــﻴﮕﻨﺎﻝ ﻧﻌﻠﺒﻜــﻲ ﺑﻘﻴــﻪ‬
‫ﺳــﻴﮕﻨﺎﻟﻬﺎﻱ ﻣﺸــﺎﺑﻪ ﺭﺍ ﻏﻴــﺮ ﻣﻌﺘﺒــﺮ ﻣــﻲ‬
‫ﻧﻤﺎﻳﺪ ﻭ ﺍﺭﺩﺭ ﺁﻧﻬﺎ ﺑﺎﻳﺪ ﺣﺬﻑ ﮔﺮﺩﺩ‪ .‬ﺳﻴﮕﻨﺎﻝ ﻓﺮﻭﺵ ﺑﺮﻋﻜﺲ ﺧﺮﻳﺪ ﻣﻲ ﺑﺎﺷﺪ‪.‬‬

‫ﻫﻤﻴﺸـــﻪ ﺑﺨـــﺎﻃﺮ ﺩﺍﺷـــﺘﻪ ﺑﺎﺷـــﻴﺪ ﺩﺭ ﺻـــﻮﺭﺗﻲ ﺧﺮﻳـــﺪ ﻣﻴﻜﻨـــﻴﻢ ﻛـــﻪ ﻣﻴﻠـــﻪ ﻫﻴﺴـــﺘﻮﮔﺮﺍﻡ‬
‫ﺳﺒﺰ ﺑﺎﺷﺪ ﻭ ﺩﺭ ﺻﻮﺭﺗﻲ ﻓﺮﻭﺵ ﻣﻲ ﻛﻨﻴﻢ ﻛﻪ ﻣﻴﻠﻪ ﻫﻴﺴﺘﻮﮔﺮﺍﻡ ﻗﺮﻣﺰ ﺑﺎﺷﺪ‪.‬‬

‫‪6‬‬
‫‪F‬‬ ‫ﺳﻴﮕﻨﺎﻝ ﺗﻘﺎﻃﻊ ‪AO‬‬
‫‪5‬‬

‫ﺳــﻴﮕﻨﺎﻝ ﺧﺮﻳــﺪ ﺯﻣــﺎﻧﻲ ﺻــﺎﺩﺭ ﻣﻴﮕــﺮﺩﺩ ﻛــﻪ‬

‫ﻫﻴﺴﺘﻮﮔﺮﺍﻡ ﺧﻂ ﺻﻔﺮ ﺭﺍ ﺍﺯ ﭘـﺎﻳﻴﻦ ﺑـﻪ ﺑـﺎﻻ ﻗﻄـﻊ‬
‫ﻧﻤﺎﻳﺪ ﻭ ﺳـﻴﮕﻨﺎﻝ ﻓـﺮﻭﺵ ﺯﻣـﺎﻧﻲ ﺻـﺎﺩﺭ ﻣﻴﺸـﻮﺩ‬
‫ﻛﻪ ﻫﻴﺴﺘﻮﮔﺮﺍﻡ ﺧـﻂ ﺻـﻔﺮ ﺭﺍ ﺍﺯ ﺑـﺎﻻ ﺑـﻪ ﭘـﺎﻳﻴﻦ‬
‫ﻗﻄﻊ ﻛﻨﺪ‪.‬‬

‫‪6‬‬
‫‪Cross AO‬‬
 ‫ﺻﻔﺤﻪ ‪7‬‬ ‫ﺗﺌﻮﺭﻱ ﺁﺷﻔﺘﮕﻲ‬

‫ﭘــﺲ ﺍﺯ ﺻــﺪﻭﺭ ﺳــﻴﮕﻨﺎﻝ ﺧﺮﻳــﺪ ﻳــﻚ ﺍﺭﺩﺭ ‪ Buy stop‬ﻳــﻚ ﭘﻴــﭗ ﺑــﺎﻻﺗﺮ ﺍﺯ ﻫــﺎﻱ ﻣﻴﻠــﻪ‬
‫ﻗﻴﻤﺖ ﺍﻭﻟﻴﻦ ﻣﻴﻠﻪ ﻫﻴﺴﺘﻮﮔﺮﺍﻣﺒﺎﻻﻱ ﺻﻔﺮ ﻗـﺮﺍﺭ ﻣـﻲ ﺩﻫـﻴﻢ‪ .‬ﺍﮔـﺮ ﺳـﻴﮕﻨﺎﻝ ﺧﺮﻳـﺪ ﺑـﻮﺩ ﺍﻭﻟـﻴﻦ‬
‫ﻣﻴﻠﻪ ﻣﺘﻘﺎﻃﻊ ﺳﺒﺰ ﻭ ﺍﮔﺮ ﺳﻴﮕﻨﺎﻝ ﻓﺮﻭﺵ ﺑﻮﺩ ﺍﻭﻟﻴﻦ ﻣﻴﻠﻪ ﻗﺮﻣﺰ ﺍﺳﺖ‪.‬‬

‫‪7‬‬
‫ﺳﻴﮕﻨﺎﻝ ﻗﻠﻪ ﺩﻭ ﻗﻠﻮ‬
‫‪F6‬‬

‫ﺳﻴﮕﻨﺎﻝ ﻗﻠﻪ ﺩﻭ ﻗﻠـﻮﻱ ﺧﺮﻳـﺪ ﺯﻣـﺎﻧﻲ ﺻـﺎﺩﺭ ﻣﻴﺸـﻮﺩ ﻛـﻪ ﻫﻴﺴـﺘﻮﮔﺮﺍﻡ ﭘـﺎﺋﻴﻦ ﺗـﺮ ﺍﺯ ﺧـﻂ‬
‫ﺻـﻔﺮ ﺑـﻮﺩﻩ ﻭ ﺁﺧــﺮﻳﻦ ﺩﺭﻩ ﺍﻧـﺪﻳﻜﺎﺗﻮﺭ ﺑــﺎﻻﺗﺮ‬
‫ﺍﺯ ﺩﺭﻩ ﻗﺒﻠــﻲ ﺑﺎﺷــﺪ‪ .‬ﺑــﻴﻦ ﺍﻳــﻦ ﺩﻭ ﺩﺭﻩ ﻧﻤ ـﻲ‬
‫ﺗﻮﺍﻧﺪ ﻫﻴﺴﺘﻮﮔﺮﺍﻡ ﺑﻪ ﺑﺎﻻﻱ ﺻﻔﺮ ﺑﺮﻭﺩ‪.‬‬

‫ﺳــﻴﮕﻨﺎﻝ ﻗﻠــﻪ ﺩﻭﻗﻠــﻮﻱ ﺧﺮﻳــﺪ ﺳــﻴﮕﻨﺎﻝ‬

‫ﺧﺮﻳﺪﻱ ﺍﺳﺖ ﻛـﻪ ﺯﻳـﺮ ﺧـﻂ ﺻـﻔﺮ ﺗﺸـﻜﻴﻞ‬
‫ﻣﻴﮕــﺮﺩﺩ‪ .‬ﻫﻤﭽﻨــﻴﻦ ﺳــﻴﮕﻨﺎﻝ ﻗﻠــﻪ ﺩﻭﻗﻠــﻮﻱ‬
‫ﻓﺮﻭﺵ ﺑﺎﻻﻱ ﺧﻂ ﺻﻔﺮ ﺗﺸﻜﻴﻞ ﻣﻴﮕﺮﺩﺩ‪.‬‬

‫ﺩﺭ ﺍﻳــﻦ ﺣﺎﻟــﺖ ﻳــﻚ ﺍﺭﺩﺭ ‪ Buy Stop‬ﻳــﻚ ﭘﻴــﭗ ﺑــﺎﻻﺗﺮ ﺍﺯ ﺑــﺎﻻﻱ ﻣﻴﻠــﻪ ﺳــﻴﮕﻨﺎﻝ ﻗــﺮﺍﺭ‬
‫ﻣﻴﺪﻫﻴﻢ‪ .‬ﺩﺭ ﺣﺎﻟـﺖ ﺳـﻴﮕﻨﺎﻝ ﺧﺮﻳـﺪ ﻣﻴﻠـﻪ ‪ C‬ﻫﻴﺴـﺘﻮﮔﺮﺍﻡ ﻫﻤﻴﺸـﻪ ﺳـﺒﺰ ﺍﺳـﺖ ﻭ ﺩﺭ ﺣﺎﻟـﺖ‬
‫ﺳﻴﮕﻨﺎﻝ ﻓﺮﻭﺵ ﻗﺮﻣﺰ ﺍﺳﺖ‪.‬‬

‫ﻫﻤﻴﺸـــﻪ ﺑﺨـــﺎﻃﺮ ﺩﺍﺷـــﺘﻪ ﺑﺎﺷـــﻴﺪ ﺩﺭ ﺻـــﻮﺭﺗﻲ ﺧﺮﻳـــﺪ ﻣﻴﻜﻨـــﻴﻢ ﻛـــﻪ ﻣﻴﻠـــﻪ ﻫﻴﺴـــﺘﻮﮔﺮﺍﻡ‬
‫ﺳﺒﺰ ﺑﺎﺷﺪ ﻭ ﺩﺭ ﺻﻮﺭﺗﻲ ﻓﺮﻭﺵ ﻣﻲ ﻛﻨﻴﻢ ﻛﻪ ﻣﻴﻠﻪ ﻫﻴﺴﺘﻮﮔﺮﺍﻡ ﻗﺮﻣﺰ ﺑﺎﺷﺪ‪.‬‬

‫ﺍﮔﺮ ﻣﻴﻠﻪ ﻧﺎﻣﻨﺎﺳﺒﻲ ﺩﺭ ﻫﻴﺴﺘﻮﮔﺮﺍﻡ ﺍﻳﺠﺎﺩ ﺷﺪ ﺑﻼﻓﺎﺻﻠﻪ ﺍﺭﺩﺭ ﺭﺍ ﺣﺬﻑ ﻣﻴﻜﻨﻴﻢ‪.‬‬

‫ﺑﻌﺪ ﺳﻮﻡ‪ :‬ﺍﺳﻴﻼﺗﻮﺭ ‪AC 8‬‬

‫‪7F‬‬

‫‪7‬‬
‫‪Twin Peaks‬‬
 ‫ﺻﻔﺤﻪ ‪8‬‬ ‫ﺗﺌﻮﺭﻱ ﺁﺷﻔﺘﮕﻲ‬

‫ﺍﺯ ﻧﻈﺮ ﻭﻳﻠﻴﺎﻣﺰ ﻗﺒﻞ ﺍﺯ ﺍﻳﻨﻜﻪ ﺭﻓﺘﺎﺭ ﻗﻴﻤﺖ ﺗﻐﻴﻴـﺮ ﻛﻨـﺪ ﺷـﺘﺎﺏ ﺣﺮﻛـﺖ ﺗﻐﻴﻴـﺮ ﻣـﻲ ﻧﻤﺎﻳـﺪ ﻭ‬
‫ﻗﺒﻞ ﺍﺯ ﺷـﺘﺎﺏ ﺣﺮﻛـﺖ ﻗﻴﻤـﺖ‪ ،‬ﻣـﺎ ﺗﻐﻴﻴـﺮﺍﺕ ﺭﺍ ﺩﺭ‬
‫‪ AC‬ﺧﻮﺍﻫﻴﻢ ﺩﻳﺪ‪ .‬ﺑﺮ ﺧـﻼﻑ ‪ AO‬ﻛـﺮﺍﺱ ﺧـﻂ ﺻـﻔﺮ‬
‫ﺩﺭ ﺍﻳﻦ ﺍﺳﻴﻼﺗﻮﺭ ﺳﻴﮕﻨﺎﻝ ﺍﻳﺠﺎﺩ ﻧﻤﻲ ﻛﻨﺪ‪.‬‬

‫ﻭﻗﺘـــﻲ ﻣﻴﻠـــﻪ ﻫﻴﺴـــﺘﻮﮔﺮﺍﻡ ‪ AC‬ﺳـــﺒﺰ ﺍﺳـــﺖ ﺧﺮﻳـــﺪ ﻛﻨﻴـــﺪ ﻭ ﻭﻗﺘـــﻲ ﻗﺮﻣـــﺰ ﺍﺳـــﺖ‬
‫ﺑﻔﺮﻭﺷﻴﺪ‪.‬‬

‫ﺳﻴﮕﻨﺎﻝ ﺧﺮﻳﺪ ﺑﺎﻻﻱ ﺧﻂ ﺻﻔﺮ ﻭ ﻓﺮﻭﺵ ﺯﻳﺮ ﺧﻂ ﺻﻔﺮ‬

‫ﺳــﻴﮕﻨﺎﻝ ﺧﺮﻳــﺪ ﺑــﺎﻻﻱ ﺧــﻂ ﺻــﻔﺮ ﺯﻣــﺎﻧﻲ ﺻــﺎﺩﺭ ﻣﻴﺸــﻮﺩ ﻛــﻪ ﺩﺭ ﻫﻴﺴــﺘﻮﮔﺮﺍﻡ ﺩﻭ ﻣﻴﻠــﻪ‬
‫ﻣﺘﻮﺍﻟﻲ ﺳﺒﺰ ﺩﺍﺷﺘﻪ ﺑﺎﺷـﻴﻢ‪ .‬ﺩﺭ ﺍﻳـﻦ ﺻـﻮﺭﺕ ﻳـﻚ ﺍﺭﺩﺭ ‪ Buy Stop‬ﻳـﻚ ﭘﻴـﭗ ﺑـﺎﻻﻱ ﻫـﺎﻱ‬
‫ﻣﻴﻠﻪ ﻗﻴﻤﺘﻲ ﻛﻪ ﺑﺎ ﻫـﺎﻱ ﺑـﺎﻻﺗﺮ ﺩﻭﻡ ﻣﻄﺎﺑﻘـﺖ ﺩﺍﺭﺩ ﻣـﻲ ﮔـﺬﺍﺭﻳﻢ‪ .‬ﺩﺭ ﺍﻳـﻦ ﺣﺎﻟـﺖ ﻫﻴﺴـﺘﻮﮔﺮﺍﻡ‬
‫ﺑﺎﻻﻱ ﺧﻂ ﺻﻔﺮ ﺍﺳﺖ‪.‬‬

‫ﺳﻴﮕﻨﺎﻝ ﻓﺮﻭﺵ ﺯﻳﺮ ﺧﻂ ﺻﻔﺮ ﺯﻣﺎﻧﻲ ﺻـﺎﺩﺭ ﻣـﻲ ﺷـﻮﺩ ﻛـﻪ ﺩﻭ ﻣﻴﻠـﻪ ﻣﺘـﻮﺍﻟﻲ ﻗﺮﻣـﺰ ﺩﺍﺷـﺘﻪ‬
‫ﺑﺎﺷـﻴﻢ ﻭ ﻫﻴﺴـﺘﻮﮔﺮﺍﻡ ﺯﻳـﺮ ﺧـﻂ ﺻـﻔﺮ ﺑﺎﺷـﺪ‪ .‬ﺩﺭ ﺍﻳـﻦ ﺻـﻮﺭﺕ ﻳـﻚ ﺍﺭﺩﺭ ‪ Sell Stop‬ﻳـﻚ‬
‫ﭘﻴﭗ ﺯﻳﺮ ﻟﻮ ﻣﻴﻠﻪ ﻗﻴﻤﺘﻲ ﻛﻪ ﺑﺎ ﻟﻮﻱ ﭘﺎﻳﻴﻨﺘﺮ ﺩﻭﻡ ﻣﻄﺎﺑﻘﺖ ﺩﺍﺭﺩ ﻣﻲ ﮔﺬﺍﺭﻳﻢ‪.‬‬

‫‪8‬‬
‫‪Acceleration/Deceleration‬‬
 ‫ﺻﻔﺤﻪ ‪9‬‬ ‫ﺗﺌﻮﺭﻱ ﺁﺷﻔﺘﮕﻲ‬

‫ﺳﻴﮕﻨﺎﻝ ﺧﺮﻳﺪﺯﻳﺮ ﺧﻂ ﺻﻔﺮ ﻭ ﻓﺮﻭﺵ ﺑﺎﻻﻱ ﺧﻂ ﺻﻔﺮ‬

‫ﺍﮔﺮ ﻫﻴﺴﺘﻮﮔﺮﺍﻡ ﺯﻳﺮ ﺧﻂ ﺻﻔﺮ ﺑـﻮﺩ ﺯﻣـﺎﻧﻲ ﺳـﻴﮕﻨﺎﻝ ﺧﺮﻳـﺪ ﺻـﺎﺩﺭ ﻣﻴﺸـﻮﺩ ﻛـﻪ ﺳـﻪ ﻣﻴﻠـﻪ‬
‫ﺳﺒﺰ ﻣﺘﻮﺍﻟﻲ ﺩﺭ ﻫﻴﺴﺘﻮﮔﺮﺍﻡ ﻇـﺎﻫﺮ ﮔـﺮﺩﺩ‪ .‬ﺩﺭ ﺍﻳـﻦ ﺻـﻮﺭﺕ ﻳـﻚ ﺍﺭﺩﺭ ‪ Buy Stop‬ﻳـﻚ ﭘﻴـﭗ‬
‫ﺑﺎﻻﻱ ﻫﺎﻱ ﻣﻴﻠـﻪ ﻗﻴﻤﺘـﻲ ﻛـﻪ ﻣﻄـﺎﺑﻖ ﺳـﻮﻣﻴﻦ‬
‫ﻣﻴﻠﻪ ﺳﺒﺰ ﻫﻴﺴﺘﻮﮔﺮﺍﻡ ﺍﺳﺖ ﻗﺮﺍﺭ ﻣﻲ ﺩﻫﻴﻢ‪.‬‬

‫ﺍﮔــﺮ ﻫﻴﺴــﺘﻮﮔﺮﺍﻡ ﺑــﺎﻻﻱ ﺧــﻂ ﺻــﻔﺮ ﺑــﻮﺩ‬

‫ﺳﻴﮕﻨﺎﻝ ﻓﺮﻭﺵ ﺯﻣـﺎﻧﻲ ﺻـﺎﺩﺭ ﻣـﻲ ﺷـﻮﺩ ﻛـﻪ‬
‫ﺳﻪ ﻣﻴﻠﻪ ﻗﺮﻣـﺰ ﻣﺘـﻮﺍﻟﻲ ﺩﺭ ﻫﻴﺴـﺘﻮﮔﺮﺍﻡ ﻇـﺎﻫﺮ‬
‫ﮔﺮﺩﺩ‪.‬‬

‫ﺍﮔﺮ ﺍﻭﻟﻴﻦ ﻳﺎ ﺩﻭﻣﻴﻦ ﻣﻴﻠﻪ ﻫﻴﺴﺘﻮﮔﺮﺍﻡ ﺧـﻂ ﺻـﻔﺮ ﺭﺍ ﻗﻄـﻊ ﻛﻨـﺪ ﺩﺭ ﺍﻳﻨﺼـﻮﺭﺕ ﻫﻤـﺎﻥ ﻣﻴﻠـﻪ‬
‫ﺭﺍ ﺑﻪ ﻋﻨﻮﺍﻥ ﻣﻴﻠﻪ ﺳﻴﮕﻨﺎﻝ ﺩﺭ ﻧﻈﺮ ﻣﻲ ﮔﻴﺮﻳﻢ ﻭ ﻧﻴﺎﺯﻱ ﻧﻴﺴﺖ ﻣﻨﺘﻈﺮ ﻣﻴﻠﻪ ﺳﻮﻡ ﺷﻮﻳﻢ‪.‬‬

‫ﺩﺭ ﺍﻳﻦ ﻧﻮﻉ ﺳﻴﮕﻨﺎﻝ ﻧﻴﺎﺯﻱ ﻧﻴﺴﺖ ﺣﺘﻤـﺎ ﺳـﻴﮕﻨﺎﻝ ﺍﻭﻟـﻴﻦ ﻓﺮﺍﻛﺘـﺎﻝ )ﺑﻌـﺪ ﺍﻭﻝ( ﻓﻌـﺎﻝ ﺷـﺪﻩ‬
‫ﺑﺎﺷﺪ‪ .‬ﭼﻨﺎﻧﭽﻪ ﺳﻴﮕﻨﺎﻝ ﺍﻭﻟﻴﻦ ﻓﺮﺍﻛﺘـﺎﻝ ﻓﻌـﺎﻝ ﺷـﺪﻩ ﺑﺎﺷـﺪ ﺗﻨﻬـﺎ ﻣـﻲ ﺗـﻮﺍﻥ ﺍﺯ ﺳـﻴﮕﻨﺎﻝ ﻫـﻢ‬
‫ﺟﻬﺖ ﺑﺎ ﺁﻥ ﺑﻬﺮﻩ ﮔﺮﻓﺖ‪.‬‬

‫ﺍﮔﺮ ﺑﻌﺪ ﺍﺯ ﮔﺬﺍﺷـﺘﻦ ﺍﺭﺩﺭ ﺭﻧـﮓ ﻣﻴﻠـﻪ ﻫﻴﺴـﺘﻮﮔﺮﺍﻡ ﺗﻐﻴﻴـﺮ ﻛـﺮﺩ ﺑﺎﻳـﺪ ﻓـﻮﺭﺍ ﺍﺭﺩﺭ ﺭﺍ ﺣـﺬﻑ‬
‫ﻧﻤﺎﻳﻴﻢ‪.‬‬

‫‪9‬‬
‫ﺑﻌﺪ ﭼﻬﺎﺭﻡ‪ :‬ﺗﺮﻳﺪ ﺩﺭ ﻣﻨﻄﻘﻪ‬
‫‪F8‬‬

‫ﺯﻣﺎﻧﻲ ﻛﻪ ‪AO‬ﻭ ‪ AC‬ﻫﺮ ﺩﻭ ﻳـﻚ ﺟﻬـﺖ ﺭﺍ ﻧﺸـﺎﻥ ﺩﻫﻨـﺪ ) ﻫـﺮ ﺩﻭ ﺳـﺒﺰ ﻳـﺎ ﻫـﺮ ﺩﻭ ﻗﺮﻣـﺰ(‬
‫ﻧﻤﺎﻳﺎﻧﮕﺮ ﺍﻳﻦ ﺍﺳﺖ ﻛﻪ ﺷﺘﺎﺏ ﻗﻴﻤـﺖ ﺩﺭ ﺟﻬـﺖ ﻣﻨﺎﺳـﺐ ﺍﻓـﺰﺍﻳﺶ ﻳﺎﻓﺘـﻪ ﺍﺳـﺖ‪ .‬ﺍﻳـﻦ ﻓﺮﺻـﺖ‬
‫ﻣﻨﺎﺳﺒﻲ ﺑﺮﺍﻱ ﺍﻳﺠﺎﺩ ‪) Zone‬ﺑﻌﺪ ﭼﻬﺎﺭﻡ( ﺍﺳﺖ‪.‬‬

‫‪9‬‬
‫‪Zone‬‬
 ‫ﺻﻔﺤﻪ ‪10‬‬ ‫ﺗﺌﻮﺭﻱ ﺁﺷﻔﺘﮕﻲ‬

‫‪ ‬ﺍﮔﺮ ﻫﺮ ﺩﻭ ﻫﻴﺴﺘﻮﮔﺮﺍﻡ ﺳﺒﺰ ﺑﺎﺷﻨﺪ ﺑـﻪ ﺁﻥ ﻣﻨﻄﻘـﻪ ﺳـﺒﺰ ‪10‬ﮔﻔﺘـﻪ ﻣﻴﺸـﻮﺩ‪) .‬ﺑـﺎﺯﺍﺭ‬
‫‪F9‬‬

‫ﺷﺪﻳﺪﺍ ﺻﻌﻮﺩﻱ(‬
‫‪ ‬ﺍﮔـﺮ ﻫـﺮ ﺩﻭ ﻫﻴﺴـﺘﻮﮔﺮﺍﻡ ﻗﺮﻣـﺰ ﺑﺎﺷـﻨﺪ ﺑـﻪ ﺁﻥ ﻣﻨﻄﻘـﻪ ﻗﺮﻣـﺰ ‪11‬ﮔﻔﺘـﻪ ﻣﻴﺸــﻮﺩ‪.‬‬
‫‪F10‬‬

‫)ﺑﺎﺯﺍﺭ ﺷﺪﻳﺪﺍ ﻧﺰﻭﻟﻲ(‬

‫‪ ‬ﺍﮔﺮ ﻣﻴﻠﻪ ﻫﺎﻱ ﻫﻴﺴﺘﻮﮔﺮﺍﻣﻬﺎ ﺩﺭ ﺟﻬـﺖ ﻣﺨـﺎﻟﻒ ﻳﻜـﺪﻳﮕﺮ ﺑﺎﺷـﻨﺪ ﺑـﻪ ﺁﻥ ﻣﻨﻄﻘـﻪ‬
‫ﺧﺎﻛﺴﺘﺮﻱ ‪ 12‬ﮔﻔﺘﻪ ﻣﻴﺸﻮﺩ‪) .‬ﺑﺎﺯﺍﺭ ﺩﺭ ﺣﺎﻟﺖ ﮔﺬﺍﺭ ﻭ ﺗﺤﻮﻝ ﺍﺳﺖ(‬
‫‪F1‬‬

‫ﺑﺮﺍﻱ ﮔﺬﺍﺷـﺘﻦ ﻳـﻚ ﺍﺭﺩﺭ ﺟﺪﻳـﺪ ﺧﺮﻳـﺪ ﺩﺭ ﻣﻨﻄﻘـﻪ ﺳـﺒﺰ ﺍﺣﺘﻴـﺎﺝ ﺍﺳـﺖ ﻛـﻪ ﺣـﺪﺍﻗﻞ ﺩﻭ‬
‫ﻣﻴﻠﻪ ﺳﺒﺰ ﻣﺘﻮﺍﻟﻲ ﺩﺍﺷﺘﻪ ﺑﺎﺷﻴﻢ ﻭ ﻗﻴﻤﺖ ﺑﺴـﺘﻪ ﺷـﺪﻥ ﻣﻴﻠـﻪ ﺩﻭﻡ ﺑﺎﻳـﺪ ﺑﻴﺸـﺘﺮ ﺍﺯ ﻣﻴﻠـﻪ ﻗﺒـﻞ‬
‫ﺑﺎﺷﺪ ﻭ ﺩﺭ ﺍﺭﺩﺭ ﻓﺮﻭﺵ ﺑﺮﻋﻜﺲ ﺍﺳﺖ‪.‬‬

‫ﭘﺲ ﺍﺯ ﻣﺸﺎﻫﺪﻩ ﭘﻨﺞ ﻣﻴﻠﻪ ﺳﺒﺰ ﻳﺎ ﻗﺮﻣـﺰ ﻣﺘـﻮﺍﻟﻲ ﺩﻳﮕـﺮ ﺑـﻪ ﭘﻮﺯﻳﺸـﻦ ﺍﺿـﺎﻓﻪ ﻧﻜﻨﻴـﺪ ﭼـﻮﻥ‬
‫ﻣﻌﻤﻮﻻ ﺑﺎﺯﺍﺭ ﺑـﻴﺶ ﺍﺯ ﺷـﺶ ﺗـﺎ ﻫﺸـﺖ ﻣﻴﻠـﻪ ﻫﻤﺮﻧـﮓ ﻧﺸـﺎﻥ ﻧﻤﻴﺪﻫـﺪ‪ .‬ﭘـﺲ ﺍﺯ ﭘـﻨﺞ ﻣﻴﻠـﻪ‬
‫ﻫﻤﺮﻧﮓ ﺍﺳﺘﺎپ ﻻﺱ ﺭﺍ ﻳﻚ ﭘﻴﭗ ﺯﻳـﺮ ﻟـﻮ ﭘﻨﺠﻤـﻴﻦ ﻣﻴﻠـﻪ ﻗـﺮﺍﺭ ﺩﻫﻴـﺪ‪ .‬ﺍﮔـﺮ ﻗﻴﻤـﺖ ﺍﻓـﺰﺍﻳﺶ‬
‫ﺩﺍﺷﺖ ﺑﺎﻳﺪ ﺍﺳﺘﺎپ ﻻﺱ ﺭﺍ ﺑﻪ ﺯﻳﺮ ﻣﻴﻠﻪ ﺑﻌﺪ ﺍﻧﺘﻘﺎﻝ ﺩﻫﻴﺪ‪.‬‬

‫‪13‬‬
‫ﺑﻌﺪ ﭘﻨﺠﻢ‪ :‬ﺧﻂ ﺗﺮﺍﺯ‬
‫‪F12‬‬

‫ﺧﻂ ﺗﺮﺍﺯ ﭘﻨﺠﻤﻴﻦ ﺑﻌﺪ ﺑﺎﺯﺍﺭ ﺍﺳﺖ‪ .‬ﺧﻂ ﺑﺎﻻﻧﺲ ﺧـﻂ ﻗﻴﻤﺘـﻲ ﺍﺳـﺖ ﻛـﻪ ﺍﮔـﺮ ﻫـﻴﭻ ﺳـﻴﮕﻨﺎﻝ‬
‫ﺩﻳﮕﺮﻱ ﺩﺭ ﺗﺌﻮﺭﻱ ﺁﺷﻮﺏ ﻧﺪﺍﺷـﺘﻴﻢ ﺍﺯ ﺁﻥ ﺍﺳـﺘﻔﺎﺩﻩ ﻣـﻲ ﻛﻨـﻴﻢ‪ .‬ﺑﻴـﻞ ﻭﻳﻠﻴـﺎﻣﺰ ﺑـﺎ ﺍﺳـﺘﻔﺎﺩﻩ ﺍﺯ‬
‫ﻣﺤﺎﺳﺒﺎﺕ ﺭﻳﺎﺿﻲ ﻭ ﻣﺪﻟﻬﺎﻱ ﺗﺤﻠﻴـﻞ ﺭﺍﻳﺎﻧـﻪ ﺍﻱ ﺧـﻂ ﺑـﺎﻻﻧﺲ ﻭ ﺍﺭﺗﺒـﺎﻁ ﺁﻥ ﺑـﺎ ﻫﻴﺴـﺘﻮﮔﺮﺍﻡ ﺭﺍ‬
‫ﭘﻴﺪﺍ ﻧﻤﻮﺩ ﻭ ﻓﺎﺻﻠﻪ ﻗﻴﻤﺖ ﻭ ﺧـﻂ ﺑـﺎﻻﻧﺲ ﺭﺍ ﺑـﺎ ﺍﺳـﺘﻔﺎﺩﻩ ﺍﺯ ﻫﻴﺴـﺘﻮﮔﺮﺍﻡ ‪ AO‬ﺗﻌﺮﻳـﻒ ﻧﻤـﻮﺩﻩ‬
‫ﺍﺳﺖ‪.‬‬

‫‪10‬‬
‫‪Green Zone‬‬
‫‪11‬‬
‫‪Red Zone‬‬
‫‪12‬‬
‫‪Gray Zone‬‬
‫‪13‬‬
‫‪Balance Line‬‬
 ‫ﺻﻔﺤﻪ ‪11‬‬ ‫ﺗﺌﻮﺭﻱ ﺁﺷﻔﺘﮕﻲ‬

‫ﺯﻣﺎﻧﻲ ﻛﻪ ﺍﻃﻼﻋﺎﺕ ﺟﺪﻳﺪﻱ ﻭﺍﺭﺩ ﺑـﺎﺯﺍﺭ ﻣـﻲ ﺷـﻮﺩ ﻗﻴﻤـﺖ ﺑـﻪ ﺭﺍﺣﺘـﻲ ﺩﺭ ﻣﻘﺎﻳﺴـﻪ ﺑـﺎ ﺧـﻂ‬
‫ﺑﺎﻻﻧﺲ ﺑﻪ ﺑﺎﻻ ﻳﺎ ﭘﺎﻳﻴﻦ ﺣﺮﻛﺖ ﻣﻴﻜﻨﺪ‪.‬‬

‫ﺑﺎ ﺗﻮﺟﻪ ﺑﻪ ﺷﻜﻞ ﻫﺎﻱ ﻣﻴﻠﻪ ‪ b‬ﻛﻤﺘـﺮ ﺍﺯ ﻣﻴﻠـﻪ ‪ a‬ﺍﺳـﺖ ﻭ ﺧﺮﻳـﺪﺍﺭﺍﻥ ﺩﺭ ﻣﻴﻠـﻪ ‪ b‬ﻧﺴـﻴﺖ ﺑـﻪ‬
‫ﻣﻴﻠﻪ ‪ a‬ﺿﻌﻴﻒ ﺗﺮ ﺷﺪﻩ ﺍﻧﺪ‪ .‬ﭼـﺮﺍ ﻓﺮﻭﺷـﻨﺪﮔﺎﻥ ﺭﻭﻱ ﻣﻴﻠـﻪ ‪ a‬ﻗـﻮﻱ ﺗـﺮ ﺷـﺪﻩ‬
‫ﺍﻧﺪ؟ ﺑﺨـﺎﻃﺮ ﺍﻳـﻦ ﺍﺳـﺖ ﻛـﻪ ﺍﺧﺒـﺎﺭ ﻭ ﺍﻃﻼﻋـﺎﺕ ﺟﺪﻳـﺪﻱ ﻭﺍﺭﺩ ﺑـﺎﺯﺍﺭ ﺷـﺪﻩ‬
‫ﺍﺳﺖ ﻭ ﺑﺎﻻﻧﺲ ﺭﺍ ﻛﻪ ﺩﺭ ﺷﻜﻞ ﺑـﺎ ﻣﺮﺑـﻊ ﺧـﻂ ﭼـﻴﻦ ﻣﺸـﺨﺺ ﺷـﺪﻩ ﺗﻐﻴﻴـﺮ‬
‫ﺩﺍﺩﻩ ﺍﺳﺖ‪ .‬ﺍﮔﺮ ﺧﺮﻳﺪﺍﺭﺍﻥ ﻗـﻮﻱ ﺗـﺮ ﺷـﻮﻧﺪ ﻭ ﺑـﺮ ﺭﻭﻱ ﻣﻴﻠـﻪ ‪ c‬ﺑـﺎﺯﺍﺭ ﺻـﻌﻮﺩ‬
‫ﻧﻤﺎﻳﺪ ﻭ ﺍﺯ ﻫﺎﻱ ﻣﻴﻠﻪ ‪ a‬ﺑﮕﺰﺭﺩ ﺑﻪ ﻣﻌﻨـﻲ ﺁﻥ ﺍﺳـﺖ ﻛـﻪ ﺑـﺎﻻﻧﺲ ﺑـﺎﺯﺍﺭ ﺗﻐﻴﻴـﺮ‬
‫ﻧﻤﻮﺩﻩ ﺍﺳﺖ ﻭ ﺍﻳﻦ ﺣﺎﻟﺖ ﺍﻭﻟﻴﻦ ﺳـﻴﮕﻨﺎﻝ ﺍﺯ ﺑﻌـﺪ ﭘـﻨﺠﻢ ﻣـﻲ ﺑﺎﺷـﺪ‪ .‬ﺩﺭ ﺍﻳـﻦ ﺻـﻮﺭﺕ ﻣﻴﻠـﻪ ‪b‬‬
‫ﻣﻴﻠﻪ ﭘﺎﻳﻪ ‪14‬ﺍﺳﺖ‪.‬‬
‫‪F13‬‬

‫ﻣﻴﻠﻪ ﭘﺎﻳﻪ ﺑﺮﺍﻱ ﺳﻴﮕﻨﺎﻝ ﺧﺮﻳـﺪ ﻣﻴﻠـﻪ ﺍﻱ ﺍﺳـﺖ ﻛـﻪ ﻫـﺎﻱ ﺁﻥ ﻛﻤﺘـﺮ ﺍﺯ ﻫـﺎﻱ ﻣﻴﻠـﻪ ﻗﺒﻠـﻲ‬
‫ﺑﺎﺷﺪ‪ .‬ﺍﻳﻦ ﻣﻴﻠﻪ ﻣﻤﻜﻨﺴﺖ ﻣﻴﻠﻪ ﺟﺎﺭﻱ ﺑﺎﺷﺪ ﺑﻪ ﻋﻨﻮﺍﻥ ﻣﺜﺎﻝ ﻗﺒﻞ ﺍﺯ ﺑﻮﺟﻮﺩ ﺁﻣﺪﻥ ﻣﻴﻠﻪ ‪.c‬‬

‫ﻣﻴﻠﻪ ﭘﺎﻳﻪ ﺑﺮﺍﻱ ﺳﻴﮕﻨﺎﻝ ﻓﺮﻭﺵ ﻣﻴﻠﻪ ﺍﻱ ﺍﺳﺖ ﻛـﻪ ﻟـﻮ ﺁﻥ ﺑﻴﺸـﺘﺮ ﺍﺯ ﻟـﻮ ﻣﻴﻠـﻪ ﻗﺒﻠـﻲ ﺑﺎﺷـﺪ‬
‫ﻭ ﻣﻤﻜﻨﺴﺖ ﻣﻴﻠﻪ ﺟﺎﺭﻱ ﺑﺎﺷﺪ‪.‬‬

‫ﺳﻪ ﻗﺎﻧﻮﻥ ﺍﻭﻟﻴﻪ ﺑﺮﺍﻱ ﺗﺮﻳﺪ ﺧﻂ ﺑﺎﻻﻧﺲ‪:‬‬

‫ﭼﺎﺭﺕ ﺭﺍ ﺍﺯ ﺭﺍﺳﺖ ﺑﻪ ﭼﭗ ﺑﺨﻮﺍﻧﻴﺪ‪.‬‬ ‫‪(1‬‬

‫‪ (2‬ﺍﮔﺮ ﻣﻨﺘﻈﺮ ﺳﻴﮕﻨﺎﻝ ﺧﺮﻳﺪ ﻫﺴﺘﻴﺪ ﻓﻘـﻂ ﺑـﻪ ﻫـﺎﻱ ﻫـﺎ ﻧﮕـﺎﻩ ﻛﻨﻴـﺪ‪ .‬ﺍﮔـﺮ ﻣﻨﺘﻈـﺮ‬
‫ﺳﻴﮕﻨﺎﻝ ﻓﺮﻭﺵ ﻫﺴﺘﻴﺪ ﻓﻘﻂ ﺑﻪ ﻟﻮ ﻫﺎ ﻧﮕﺎﻩ ﻛﻨﻴﺪ‪.‬‬
‫‪ (3‬ﺍﺑﺘﺪﺍ ﻣﻴﻠﻪ ﭘﺎﻳﻪ ﺭﺍ ﻣﺸﺨﺺ ﻧﻤﺎﻳﻴﺪ‪.‬‬

‫ﺍﮔﺮ ﻣﻮﻓﻖ ﺷﻮﻳﺪ ﻣﻴﻠﻪ ﭘﺎﻳﻪ ﺭﺍ ﺑﺮﺍﻱ ﺳـﻴﮕﻨﺎﻝ ﺧﺮﻳـﺪ ﻳـﺎ ﻓـﺮﻭﺵ ﺑﻴﺎﺑﻴـﺪ ﻣـﻲ ﺗﻮﺍﻧﻴـﺪ ﺍﺯ ﺑﻌـﺪ‬
‫ﭘﻨﺠﻢ ﺍﺳﺘﻔﺎﺩﻩ ﻧﻤﺎﻳﻴﺪ‪.‬‬

‫‪14‬‬
‫‪Base Bar‬‬
 ‫ﺻﻔﺤﻪ ‪12‬‬ ‫ﺗﺌﻮﺭﻱ ﺁﺷﻔﺘﮕﻲ‬

‫ﻫﺮﮔــﺰ ﻗﺒــﻞ ﺍﺯ ﺍﻭﻟــﻴﻦ ﭘﻮﺯﻳﺸــﻦ ﺑــﺎ ﺍﺳــﺘﻔﺎﺩﻩ ﺍﺯ ﺍﻭﻟــﻴﻦ ﻓﺮﺍﻛﺘــﺎﻝ ﻓﻌــﺎﻝ ﻧﺸــﺪﻩ ﺍﻗــﺪﺍﻡ‬
‫ﺑــﻪ ﮔــﺮﻓﺘﻦ ﭘﻮﺯﻳﺸــﻦ ﺑــﺎ ﺍﺳــﺘﻔﺎﺩﻩ ﺍﺯ ﺑﻌــﺪ ﺩﻭﻡ ﺗــﺎ ﭘــﻨﺠﻢ ﻧﻜﻨﻴــﺪ ﻭ ﭘــﺲ ﺍﺯ ﺁﻥ ﺗﻨﻬــﺎ‬
‫ﺩﺭ ﺟﻬﺖ ﭘﻮﺯﻳﺸﻦ ﻓﺮﺍﻛﺘﺎﻝ ﺗﺮﻳﺪ ﻛﻨﻴﺪ‪.‬‬

‫ﺳﻴﮕﻨﺎﻝ ﺧﺮﻳﺪ ﺑﺎﻻﻱ ﺧﻂ ﺗﺮﺍﺯ‬

‫ﺍﮔﺮ ﻗﻴﻤﺖ ﺑﺎﻻﻱ ﺧﻂ ﺑـﺎﻻﻧﺲ ﺑـﻮﺩ ﻭ ﺷـﻤﺎ ﺑـﻪ ﺩﻧﺒـﺎﻝ ﺳـﻴﮕﻨﺎﻝ ﺧﺮﻳـﺪ ﺑﻮﺩﻳـﺪ‪ ،‬ﺑﺎﻳـﺪ ﺻـﺒﺮ‬
‫ﻛﻨﻴﺪ ﺗﺎ ﻗﻴﻤﺖ ﺍﺯ ﺧﻂ ﺑﺎﻻﻧﺲ ﺑﻪ ﺳﻤﺖ ﭘﺎﻳﻴﻦ ﺣﺮﻛﺖ ﻛﻨﺪ‪.‬‬

‫ﻗﺎﻧﻮﻥ ‪ (4‬ﺍﮔﺮ ﻗﻴﻤﺖ ﺍﺯ ﺧﻂ ﺑﺎﻻﻧﺲ ﺩﻭﺭ ﺷـﻮﺩ ﻣـﺎ ﺑـﻪ ﻳـﻚ ﻫـﺎﻱ ﺟﺪﻳـﺪ ﺑـﺮﺍﻱ ﺧﺮﻳـﺪ ﻧﻴـﺎﺯ‬
‫ﺩﺍﺭﻳﻢ ﻭ ﺍﮔﺮ ﻗﻴﻤﺖ ﺑﻪ ﺳﻤﺖ ﺧﻂ ﺑﺎﻻﻧﺲ ﺣﺮﻛﺖ ﻛﻨﺪ ﻣﺎ ﺑﻪ ﺩﻭ ﻫﺎﻱ ﺟﺪﻳﺪ ﻧﻴﺎﺯ ﺩﺍﺭﻳﻢ‪.‬‬

‫ﺑﺎ ﺗﻮﺟﻪ ﺑﻪ ﺷﻜﻞ ﻭ ﻃﺒﻖ ﻗﺎﻧﻮﻥ ‪ 4‬ﺑـﺮﺍﻱ ﺳـﻴﮕﻨﺎﻝ ﺧﺮﻳـﺪ ﺑﺎﻳـﺪ ﻣﻨﺘﻈـﺮ ﺷـﺪ ﺗـﺎ ﻗﻴﻤـﺖ ﺑـﻪ‬
‫ﺑﺎﻻﻱ ﻗﻴﻤﺖ ﺑﺴﺘﻪ ﺷﺪﻥ ﻣﻴﻠـﻪ ﻗﺒـﻞ ﺻـﻌﻮﺩ ﻧﻤﺎﻳـﺪ‪) .‬ﻣﻴﻠـﻪ ﻗﺒﻠـﻲ ﻫـﺎﻱ ﺑـﺎﻻﺗﺮ ﺍﺯ ﻣﻴﻠـﻪ ﭘﺎﻳـﻪ‬
‫ﺩﺍﺭﺩ(‬

‫ﻓﺮﺽ ﻛﻨﻴـﺪ ﺩﺭ ﭼـﺎﺭﺕ ﻣـﺎ ﻣﻴﻠـﻪ ‪ 1‬ﻭ ﺗﻤـﺎﻡ ﻣﻴﻠـﻪ ﻫـﺎﻱ‬

‫ﻗﺒﻠﻲ ﺭﺍ ﻣﻲ ﺑﻴﻨﻴﻢ‪ .‬ﺑﻨـﺎﺑﺮﺍﻳﻦ ﻣﻴﻠـﻪ ﻫـﺎﻱ ‪2‬ﻭ ‪3‬ﻭ ‪4‬ﻭ ﻏﻴـﺮﻩ‬
‫ﻗﺎﺑﻞ ﻣﺸﺎﻫﺪﻩ ﻧﻴﺴﺖ‪ .‬ﺩﺭ ﺍﻳﻦ ﻧﻘﻄﻪ ﻣﻴﻠـﻪ ‪ 1‬ﻣـﻲ ﺗﻮﺍﻧـﺪ ﺑـﻪ‬
‫ﻋﻨﻮﺍﻥ ﻣﻴﻠـﻪ ﭘﺎﻳـﻪ ﺑـﺮﺍﻱ ﺳـﻴﮕﻨﺎﻝ ﺧﺮﻳـﺪ ﺗﻌﺮﻳـﻒ ﮔـﺮﺩﺩ‬
‫ﺯﻳﺮﺍ ﻫﺎﻱ ﺁﻥ ﭘﺎﻳﻴﻦ ﺗﺮ ﺍﺯ ﻣﻴﻠـﻪ ﻫـﺎﻱ ﻗﺒﻠـﻲ ﺍﺳـﺖ‪ .‬ﻗـﺎﻧﻮﻥ‬
‫ﺍﺻﻠﻲ ﺳﻴﮕﻨﺎﻝ ﺧﺮﻳﺪ ﺑﺎﻻﻱ ﺧـﻂ ﺑـﺎﻻﻧﺲ ﺍﻳـﻦ ﺍﺳـﺖ ﻛـﻪ‬
‫ﻳﻚ ﺍﺭﺩﺭ ‪ Buy stop‬ﻳﻚ ﭘﻴﭗ ﺑﺎﻻﺗﺮ ﺍﺯ ﻫـﺎﻱ ﻣﻴﻠـﻪ ﻗﺒـﻞ ﺍﺯ ﻣﻴﻠـﻪ ﭘﺎﻳـﻪ ﻗـﺮﺍﺭ ﺩﻫـﻴﻢ‪) .‬ﻣﻴﻠـﻪ‬
‫ﻗﺒﻞ ﺍﺯ ﻣﻴﻠﻪ ‪(1‬‬

‫ﻣﻴﻠﻪ ‪ 2‬ﺑﺎ ﻫﺎﻱ ﻛﻤﺘﺮ ﺍﺯ ﻣﻴﻠﻪ ‪ 1‬ﺩﺭ ﭼﺎﺭﺕ ﺍﻳﺠﺎﺩ ﻣﻴﮕـﺮﺩﺩ ﺑﻨـﺎﺑﺮﺍﻳﻦ ﻣﻴﻠـﻪ ‪ 2‬ﺑـﻪ ﻋﻨـﻮﺍﻥ ﻣﻴﻠـﻪ‬
‫ﭘﺎﻳﻪ ﺍﻧﺘﺨـﺎﺏ ﻣﻴﺸـﻮﺩ‪ .‬ﺍﺭﺩﺭ ﻗﺒﻠـﻲ ﺣـﺬﻑ ﻭ ﺍﺭﺩﺭ ﺟﺪﻳـﺪ ﻳـﻚ ﭘﻴـﭗ ﺑـﺎﻻﻱ ﻣﻴﻠـﻪ ‪ 1‬ﮔﺬﺍﺷـﺘﻪ‬
‫ﻣﻴﺸﻮﺩ‪ .‬ﻫﻤﻴﻦ ﺍﺗﻔﺎﻕ ﺯﻣﺎﻥ ﺍﻳﺠﺎﺩ ﻣﻴﻠﻪ ‪ 3‬ﺭﺥ ﻣﻴﺪﻫـﺪ‪ .‬ﺑﻌـﺪ ﺍﺯ ﺍﻳﺠـﺎﺩ ﻣﻴﻠـﻪ ‪ B‬ﺍﺭﺩﺭ ﻳـﻚ ﭘﻴـﭗ‬
 ‫ﺻﻔﺤﻪ ‪13‬‬ ‫ﺗﺌﻮﺭﻱ ﺁﺷﻔﺘﮕﻲ‬

‫ﺑـﺎﻻﺗﺮ ﺍﺯ ﻣﻴﻠـﻪ ‪ 3‬ﻗـﺮﺍﺭ ﻣــﻲ ﮔﻴـﺮﺩ‪ .‬ﭘـﺲ ﺍﺯ ﺍﻳﺠـﺎﺩ ﻣﻴﻠــﻪ ‪4‬‬

‫ﻣﻴﻠﻪ ‪ B‬ﻫﻨﻮﺯ ﻣﻴﻠـﻪ ﭘﺎﻳـﻪ ﺍﺳـﺖ‪ .‬ﺑﻨـﺎﺑﺮﺍﻳﻦ ﺍﮔـﺮ ﭼـﺎﺭﺕ ﺭﺍ ﺍﺯ‬
‫ﺭﺍﺳﺖ ﺑﻪ ﭼﭗ ﺑﺨﻮﺍﻧﻴـﺪ ﻣﻴﻠـﻪ ‪ B‬ﺍﻭﻟـﻴﻦ ﻣﻴﻠـﻪ ﺍﻱ ﺍﺳـﺖ ﻛـﻪ‬
‫ﻫﺎﻱ ﻛﻤﺘﺮ ﺍﺯ ﻣﻴﻠﻪ ﻫـﺎﻱ ﻗﺒﻠـﻲ ﺩﺍﺭﺩ‪ .‬ﻫـﺎﻱ ﻣﻴﻠـﻪ ‪ 4‬ﻛﻤﺘـﺮ ﺍﺯ‬
‫ﺍﺭﺩﺭ ﺑــﻮﺩﻩ ﻭ ﻫﻨــﻮﺯ ﭘﻮﺯﻳﺸــﻦ ﻓﻌــﺎﻝ ﻧﺸــﺪﻩ ﺍﺳــﺖ‪ .‬ﻣﻴﻠــﻪ ‪5‬‬
‫ﺍﻳﺠﺎﺩ ﻣﻴﮕﺮﺩﺩ ﻭ ﻫﻨﻮﺯ ﻣﻴﻠﻪ ‪ B‬ﻣﻴﻠـﻪ ﭘﺎﻳـﻪ ﺍﺳـﺖ ﻭ ﭘﻮﺯﻳﺸـﻦ‬
‫ﻓﻌﺎﻝ ﻧﺸﺪﻩ ﺍﺳـﺖ‪ .‬ﺍﻣـﺎ ﺯﻣـﺎﻧﻲ ﻛـﻪ ﻣﻴﻠـﻪ ‪ 6‬ﺩﺭ ﺣـﺎﻝ ﺍﻳﺠـﺎﺩ‬
‫ﺍﺳﺖ ﭘﻮﺯﻳﺸﻦ ﻓﻌﺎﻝ ﺷﺪﻩ ﻭ ﻭﺍﺭﺩ ﺑﺎﺯﺍﺭ ﻣﻴﮕﺮﺩﻳﺪ‪.‬‬

‫ﺳﻴﮕﻨﺎﻝ ﺧﺮﻳﺪ ﺯﻳﺮ ﺧﻂ ﺗﺮﺍﺯ‬

‫ﺍﮔﺮ ﺯﻳﺮ ﺧﻂ ﺑﺎﻻﻧﺲ ﺧﺮﻳـﺪ ﻛﻨﻴـﺪ ﻣﺴـﻠﻤﺎ ﺍﻧﺘﻈـﺎﺭ ﺩﺍﺭﻳـﺪ ﻗﻴﻤـﺖ ﺻـﻌﻮﺩ ﻛـﺮﺩﻩ ﻭ ﺑـﻪ ﺧـﻂ‬
‫ﺑﺎﻻﻧﺲ ﻧﺰﺩﻳﻚ ﮔﺮﺩﺩ‪ .‬ﺑﺎ ﺗﻮﺟﻪ ﺑﻪ ﻗـﺎﻧﻮﻥ ‪ 4‬ﺑـﻪ ﺩﻭ ﻫـﺎﻱ ﺑـﺮﺍﻱ‬
‫ﮔﺮﻓﺘﻦ ﺳﻴﮕﻨﺎﻝ ﻧﻴﺎﺯ ﺩﺍﺭﻳﻢ‪.‬‬

‫ﺯﻣﺎﻧﻲ ﻛﻪ ﻣﻴﻠـﻪ ‪ B‬ﺍﻳﺠـﺎﺩ ﻣﻴﮕـﺮﺩﺩ ﺍﻳـﻦ ﻣﻴﻠـﻪ ﺑـﻪ ﻋﻨـﻮﺍﻥ‬

‫ﻣﻴﻠﻪ ﭘﺎﻳﻪ ﺍﻧﺘﺨـﺎﺏ ﻣـﻲ ﺷـﻮﺩ‪ .‬ﭘـﺲ ﺑﺎﻳـﺪ ﺍﺯ ﺩﻭ ﻫـﺎﻱ ﻗﺒﻠـﻲ‬
‫ﺍﺳﺘﻔﺎﺩﻩ ﮔـﺮﺩﺩ‪ .‬ﻳﻌﻨـﻲ ﻳﻜـﻲ ﻫـﺎﻱ ﻣﻴﻠـﻪ ‪ 3‬ﻭ ﻣﻴﻠـﻪ ‪ 1‬ﭼـﻮﻥ‬
‫ﻣﻴﻠﻪ ‪ 2‬ﺷـﺮﺍﻳﻂ ﻻﺯﻡ ﺭﺍ ﻧـﺪﺍﺭﺩ ﻭ ﻫـﺎﻱ ﺁﻥ ﭘـﺎﻳﻴﻦ ﺗـﺮ ﺍﺯ ﻣﻴﻠـﻪ‬
‫ﺑﻌﺪ ﻳﻌﻨـﻲ ‪ 3‬ﺍﺳـﺖ‪ .‬ﭘـﺲ ﻳـﻚ ﺍﺭﺩﺭ ‪ Buy stop‬ﻳـﻚ ﭘﻴـﭗ‬
‫ﺑﺎﻻﺗﺮ ﺍﺯ ﻫﺎﻱ ﻣﻴﻠﻪ ‪ 1‬ﻗﺮﺍﺭ ﻣﻴـﺪﻫﻴﻢ‪ .‬ﺑـﺎ ﺍﻳﺠـﺎﺩ ﻣﻴﻠـﻪ ‪4‬ﻭ ‪ 5‬ﺍﺗﻔـﺎﻕ ﺧﺎﺻـﻲ ﻧﻤـﻲ ﺍﻓﺘـﺪ ﻭ ﺯﻣـﺎﻥ‬
‫ﺍﻳﺠﺎﺩ ﻣﻴﻠﻪ ‪ 6‬ﻭﺍﺭﺩ ﺑﺎﺯﺍﺭ ﺷﺪﻩ ﻭ ﭘﻮﺯﻳﺸﻦ ﻓﻌﺎﻝ ﻣﻴﮕﺮﺩﺩ‪.‬‬

‫ﺳﻴﮕﻨﺎﻝ ﻓﺮﻭﺵ ﺯﻳﺮ ﺧﻂ ﺗﺮﺍﺯ‬

‫ﻗﻮﺍﻧﻴﻦ ﺍﻳﻦ ﻧـﻮﻉ ﺳـﻴﮕﻨﺎﻝ ﺷـﺒﻴﻪ ﺳـﻴﮕﻨﺎﻝ ﺧﺮﻳـﺪ ﺑـﺎﻻﻱ ﺧـﻂ ﺑـﺎﻻﻧﺲ ﺍﺳـﺖ‪ .‬ﺩﺭ ﻫـﺮ ﺩﻭ‬
‫ﺍﻧﺘﻈﺎﺭ ﺩﺍﺭﻳﻢ ﻗﻴﻤﺖ ﺍﺯ ﺧﻂ ﺑﺎﻻﻧﺲ ﺩﻭﺭ ﮔـﺮﺩﺩ‪ .‬ﻃﺒـﻖ ﻗـﺎﻧﻮﻥ ‪ 4‬ﻣـﺎ ﺑـﻪ ﻳـﻚ ﻟـﻮ ﺑـﺮﺍﻱ ﺻـﺪﻭﺭ‬
‫ﺳﻴﮕﻨﺎﻝ ﻧﻴﺎﺯ ﺩﺍﺭﻳﻢ‪.‬‬
 ‫ﺻﻔﺤﻪ ‪14‬‬ ‫ﺗﺌﻮﺭﻱ ﺁﺷﻔﺘﮕﻲ‬

‫ﺳﻴﮕﻨﺎﻝ ﻓﺮﻭﺵ ﺑﺎﻻﻱ ﺧﻂ ﺗﺮﺍﺯ‬

‫ﺍﻳﻦ ﺳﻴﮕﻨﺎﻝ ﺍﺯ ﻫﻤـﺎﻥ ﻗـﻮﺍﻧﻴﻦ ﺧﺮﻳـﺪ ﺯﻳـﺮ ﺧـﻂ ﺗـﺮﺍﺯ ﺗﺒﻌﻴـﺖ ﻣﻴﻜﻨـﺪ‪ .‬ﺩﺭ ﻫـﺮ ﺩﻭ ﺍﻧﺘﻈـﺎﺭ‬
‫ﺩﺍﺭﻳﻢ ﻗﻴﻤﺖ ﺑﻪ ﻃـﺮﻑ ﺧـﻂ ﺗـﺮﺍﺯ ﺣﺮﻛـﺖ ﻧﻤﺎﻳـﺪ ﻭ ﻃﺒـﻖ ﻗـﺎﻧﻮﻥ ‪ 4‬ﺑـﻪ ﺩﻭ ﻟـﻮ ﺑـﺮﺍﻱ ﺻـﺪﻭﺭ‬
‫ﺳﻴﮕﻨﺎﻝ ﻧﻴﺎﺯ ﺩﺍﺭﻳﻢ‪.‬‬

‫ﻫﺮﮔﺰ ﺩﺭ ﺑﺎﻻﻱ ﺩﻫﺎﻥ ﺗﻤﺴﺎﺡ ﻓﺮﻭﺵ ﻭ ﺩﺭ ﺯﻳﺮ ﺩﻫﺎﻥ ﺗﻤﺴﺎﺡ ﺧﺮﻳﺪ ﻧﻜﻨﻴﺪ‪.‬‬

‫ﺍﮔــﺮ ﻣﻴﻠــﻪ ﺟــﺎﺭﻱ ﺩﺭ ﻣﻨﻄﻘــﻪ ﻗﺮﻣــﺰ ﻳــﺎ ﺳــﺒﺰ ﺑــﻮﺩ ﺗﻌــﺪﺍﺩ ﻟــﻮ ﻭ ﻫــﺎﻱ ﻫــﺎﻱ ﻣــﺮﺩ ﻧﻴــﺎﺯ‬
‫ﺟﻬﺖ ﺳﻴﮕﻨﺎﻝ ﺧﺮﻳﺪ ﻳﺎ ﻓﺮﻭﺵ ﺩﻭ ﺑﺮﺍﺑﺮ ﻣﻴﮕﺮﺩﺩ‪.‬‬