Power Within Metastock

Over the years, we have developed countless indicators/tools on metastock platform to test various markets - equities, commodities, indices future and forex. Those indicators/tools shared on our blog only represented a small part of S-Trader database tools. There are many more to it. Due to its proprietary and confidentiality, we keep it for our personal use only.

Metastock not only provides a platform for development but also comes with many powerful tools and features that allow traders/investors to "seize" to their advantage. Unfortunately, they failed to do so.

Are you one of them ?

The last 10 years, we have seen many trading systems been promoted and marketed in Malaysia. You will be surprised that some of these trading systems were initially developed and tested on Metastock before it migrated to other platforms.

Metastock may not be the most powerful platform but its capability not to be undermined.

For those traders/investors who are still struggling to create/develop a trading system on metastock platform, feel free to Contact Us for more details on our workshop.

(Some S-Trader indicators/tools will be given away free of charge for those who participate the workshop).

Globetronics Technology Bhd (KLSE : GTRONIC - 7022) - Part 2

In the previous post, we introduced a new approach to identify immediate support and resistance, in addition to our existing S-Trader Trend Tracker.

Since, we have not given it any name and it would be appropriate to do so now.
We shall named it as S-Trader X. 

Daily chart.

On 12 July 2018, S-Trader Trend Tracker showed the immediate resistance level at RM2.316 and S-Trader X at RM2.34.

The confluence of these indicators showed a resistance zone formed between RM2.30 to RM2.34.

13 July 2018, the stock price broke above the immediate resistance zone with high level of volume transacted and resumed a new upward rally until 5 Sept 2018 before price reverses.

 
Note :
1) If anyone interested for a free 5 days trial of our scan result, keep a look out for our blog post.

2) S-Trader indicators/tools are not part of Metastock software package. It is our proprietary system/tools. If you have any further inquiries, please feel free to Contact Us.

Globetronics Technology Bhd (KLSE : GTRONIC - 7022) - Part 1

Its been quite awhile we have not post any blog on this website.
The last few months, we have been developing some new stuffs for our stock analysis.

Daily chart.
 

11 April 2018 the stock price broke above all the resistance but failed to rally higher and then It pulled back to a low of RM1.68 on 26 April.

On 14 May 2018. this time stock price after successful broke above all resistance and touched a high of RM2.45 on 7 June before the price correct.

For those who had followed our blog are well aware that S-Trader Trend Tracker been used as one approach to identify support/resistance in relation to price movement.

During our "absence" over the last few months, we have been developing new stuffs and we happy to share the critical support/resistance levels identified using a new approach in our chart analysis.

From the above chart, using the new approach, we identified a critical resistance level @ RM1.90/1.91. This level coincides with our current tool S-Trader Trend Tracker which also identified RM1.901 as immediate resistance level on 8 May. 

The next trading day, 14 May, the stock price broke this resistance level with high volume transaction of 9,070,000 shares and rallied until 7 June.

This immediate resistance level identified using two different approaches made this level highly critical in our analysis.


Note :
1) If anyone interested for a free 5 days trial of our scan result, keep a look out for our blog post.

2) S-Trader indicators/tools are not part of Metastock software package. It is our proprietary system/tools. If you have any further inquiries, please feel free to Contact Us.