FAS Chart Trading Settings

[kryptos2009]

This thread has been created for the members to post their chart settings for trading FAS.

Please include the following information when posting your settings.

Example:
Platform: TOS (ThinkorSwim)
Chart Time period: 1 day
Chart style: OHLC
Chart freq: 10mins

Upper indicators:
Price History
sma(9)
BB (20,2)
BB (20,1)

Lower indicators:
Momentum (12)
Stochastics 12% K 3
Divergence %D 5
MACD (12,26)
ema(9)


Commentary:
Any advice on what to look for on the indicators. How to interpret the chart.

[jack]

I'll put up Cash's again:

Platform: TDA Command Cntr
Chart Time period: 1 day
Chart style: OHLC
Chart freq: 10mins

Upper indicators:
ema(5)
BB (20,2)

Lower Indicators:
Momentum(12)
Stochs Fast = %K (P=14) %D (P=3)
MACD (12,26), EMA(9) & Divergence

And Cash adds:

"Some of the tells are:
1) Pivot points
2) MACD line flat/scoop watch close = change in direction...formations on stochastic...momo...can tell when a surprise move is coming due to an unexpected spike."

[abdogman]

Abdogmans Study Sets and Settings For Fas Charts:

Please bear in mind that the following settings were used by me on the ThinkorSwim platform provided to me by TDAM. They should however afford the same results when used in a like manner in any charting system.

Due to the 3xleveraged factor of the Fas Investment Vehicle Chart Settings that one might use for tracking the activity of less volatile instruments may not achieve the accuracy level of the following when used in the shorter time frames of 5,2,1 min Time Frames. It is at these intervals that I chart Fas due to its volatility.



Platform:ThinkOrSwim/TOS/TDAM
Chart Time Period:1 Day
Chart Style:OHLC
Chart Frequency:1 Min


Upper Indicators:

2 Simple Moving Averages Fast 5 Slow 15
Color of Lines in M/A's your choice I use blue and red respectively
Bollinger Bands (BB's):BB 20,2


Lower Indicators:

Stochastics:

Slow 14,3,3

Fast %K 5
Slow %D 15


Volume: As Normal
MACD: Histogram I think easiest to read 12,26,9

You of course can stack the lower indicators anyway you like

Interpretation of the Indicators is a seperate subject which may be addressed at a later date.

[abdogman]

Here is the Interpretation of the above Settings

Interpretation of Indicators mentioned in the above

As I mentioned in the previous verbage you can stack the indicators in the lower settings as you wish. I place volume over MACDH then Slow Stochastics over Fast Stochastics and finally I place MOMO.

Exampe: As a price is beginning to rise the Fast Sto. %k is the first indicator

A rise in the Slow Sto. is your second indicator

Finally in the early warning system the MACD further confirms the rise

Fast Sto. %d shows longer term daily trend than that which is peculiar to 1,2,5
minute charts



As a price is beginning to fall the Fast Sto. %k is the first indicator as it dips downward

A Drop in the Slow Sto. is the Second Tell

A Drop in the MACD is the Third Tell


The larger the Volume on A time period move the more weight I place on its accuracy

Fast Sto %d shows longer term daily trend than that which is peculiaar to 1,2,5
minute charts


This system can be used to determine moves in most equities and is has been ` particularly succesful with Xlf,Fas,and Faz