DrBourse TA Help for Beginners

[DrBourse]

Don’t think anybody here in ASF is interested in the DMI..
Regardless of the ‘here and now’, who knows, in the future someone new may realise how valuable the DMI actually is.
In the original ‘Rules for the DMI Indicator’ (below) I decided to show only 5 of the old combinations/signals to watch out for.
When I published that Shortened Version I was unsure what the ASF Members response would be.


Recently a few posters have asked questions that have prompted me to release an ‘Expanded Set of Rules for the DMI Indicator’.
The following ‘Expanded Set of Rules for the DMI Indicator’ has 11 combinations/signals.

You will note that Rules 1 & 8 refer to the indicator moving ‘Up or Down’.
Whereas Rules 2, 3, 4, 5, AND Rules 7, 9, 10 & 11 refer to the indicator as ‘Above or Below’.
And for Rule #6 see the Other Rules below (2 & 3)

There are a few 'Other Rules', such as: –
1 consider applying Rule 1 or 8, to Rules 2, 3, 4, 5, AND Rules 7, 9, 10 & 11,
2 positioning of the colours carries weight, are they Top, Middle or Bottom,
3 which colours are Above or Below the 25 Centreline, yes the DMI has a Centreline.

There are more, but each one would take a very lengthy explanation – I may reveal more of these rules from many years ago (if I can remember them all).

However, if you can follow and fully understand the above ‘Expanded Set of Rules for the DMI Indicator’ you should have no trouble in identifying several other hidden signals.

Cheers.
DrB.

 

[qldfrog]

I do not want to derail your posts, but thanks for sending reminders like this to wannabees like me..however long they have pretended trading ..
As we search for the new obscure hidden signal gems, we often forgot to go back to basics and combination of.

 

[DrBourse]

Don’t think anybody here in ASF is interested in the DMI..
Regardless of the ‘here and now’, who knows, in the future someone new may realise how valuable the DMI actually is.
In the original ‘Rules for the DMI Indicator’ (below) I decided to show only 5 of the old combinations/signals to watch out for.
When I published that Shortened Version I was unsure what the ASF Members response would be.
View attachment 195704

Recently a few posters have asked questions that have prompted me to release an ‘Expanded Set of Rules for the DMI Indicator’.
The following ‘Expanded Set of Rules for the DMI Indicator’ has 11 combinations/signals.
View attachment 195705
You will note that Rules 1 & 8 refer to the indicator moving ‘Up or Down’.
Whereas Rules 2, 3, 4, 5, AND Rules 7, 9, 10 & 11 refer to the indicator as ‘Above or Below’.
And for Rule #6 see the Other Rules below (2 & 3)

There are a few 'Other Rules', such as: –
1 consider applying Rule 1 or 8, to Rules 2, 3, 4, 5, AND Rules 7, 9, 10 & 11,
2 positioning of the colours carries weight, are they Top, Middle or Bottom,
3 which colours are Above or Below the 25 Centreline, yes the DMI has a Centreline.

There are more, but each one would take a very lengthy explanation – I may reveal more of these rules from many years ago (if I can remember them all).

However, if you can follow and fully understand the above ‘Expanded Set of Rules for the DMI Indicator’ you should have no trouble in identifying several other hidden signals.

Cheers.
DrB.

Continuing on with my post #321 - The following may help unravel the DMI, on the other hand it will prob confuse most punters...


Good luck with all that.

Cheers.
DrB

 

[Garpal Gumnut]

Thanks @DrBourse . Clarity, simplicity and suitability for real time trading going forward are always welcome.

gg

 

[DrBourse]

Here is an example of another TA Anomaly.
Some stocks react differently when we look at identical Chart & Indicator Settings.
Following are the CSL Charts from 21/1/23 to 11/4/25.
Firstly our ASX:CSL as at COB 11/4/25.
It's a pretty Uninspiring Chart, BUT, There are numerous clues in this chart if you fully understand TA.


The Second CSL Chart is for the ADR, FWB:CSL, the same period 21/1/23 to 11/4/25, and it has the same Indicator Parameters.
Can you see the obvious signals ?


The RED "K" stands out as an obvious warning signal.
The explanation for the Kicking Indicator is shown in a few previous posts in this forum, but for ease of reference I have included it again below.


So, once I see the overnight FWB warning Signals for their CSL, I relate that information to the action the next day on our ASX version of CSL, it obviously adds Vital TA (that most Australians don't know about) to our Uninspiring Chart .

Newbies, if you don't know what the "FWB" refers to, then you need to find out for yourselves.
A clue - its an ADR, as mentioned in previous posts.

Cheers.
DrB.

 

[DrBourse]

Sorry folks - bit of an error in my last post.
FWB is NOT an ADR - FWB is an Overseas Exchange - CSJ is the ADR.

 

[rcw1]

Sorry folks - bit of an error in my last post.
FWB is NOT an ADR - FWB is an Overseas Exchange - CSJ is the ADR.

yes rcw1 knew that but didn't want to say anything ... as knew you would correct ha ha ha ha ha disappointed it took an inordinate timeframe to rectify though .... ha ha ha hah a ha ha ha

Kind regards
rcw1

 

[DrBourse]

Grrrrrrrrrrrrrrrrrrrrrrrrrrr

 

[DrBourse]

TA & FA Analysis by Brokers etc. over the next 30/90 days should be viewed as ‘suspect, and self-serving’ - Guesstimates will rule supreme, they will need to assume way too much data in order to produce results for the sheep.

All forms of TA will take those 30/90 days to unscramble, as Indicator ‘end points’ will still reflect the recent market gyrations, thus giving incorrect readings.

So, to the posters that have recently asked for my research on certain stocks, I’m sorry, but there is no more research from me in the near term.

When I can see normality returning to the markets I will then continue to answer your posts.

Cheers.