Loading ...$HUI – Daily Ribbon Buy Signal
This is, admittedly, an unorthodox buy signal for the miners. It may turn out to be completely ridiculous for all I know.
Yet here it is. The green 13 DMA exited the bottom of the ribbon, in this case below the 400 DMA, and turned back inside the ribbon body.
On this chart it has done so previously, and when it did it was a good time to buy the miners. Play it again, Sam?
$HUI – Daily Moving Averages Ribbon
There is also a weekly gap on gold this week in the futures and cash…
Maybe. Just maybe we have formed the bottom of the consolidation pattern of the massive right shoulder from 2011. The DSI on bonds is 9.
I like the novelty and simplicity of that.
Most of the time, it looks like a buy signal on the crossover of the 13/34.
Although this has the 400ema figuring in sometimes, but the 34 crossover comes soon after.
Essentially, it appears to be a variation on using the macd 13 34 1 settings.
Except when the 13 400 1 happens first.
Nicely done!
Does anyone know how to replicate that? How do you make the price disappear?
In the chart attributes section under the “Type” selection, choose invisible.
Thank You!
Looks good to me.
I have saved the chart and labeled it $HUI Daily Ribbon Silver Fox!
Very Clever Fox !
These are Fox Rhythms 🙂
🙂
About as elegant and simple as it gets!
You’re Foxy now, Silver!