📊 What are the key technical indicators used in the qullimagi method?

The Qullamaggie method utilizes several key technical indicators to identify potential trading opportunities. Here are the indicators that are commonly used:

1. **Moving Averages**: Qullamaggie often uses the 20-day and 50-day moving averages to help identify trends and potential breakouts. These moving averages can be used to filter out noise and highlight longer-term trends.
2. **Volume Indicators**: Volume is a critical component of the Qullamaggie method. He looks for significant volume during breakouts, especially at the open, to confirm the strength of the move. Volume can be measured in various ways, such as total volume, average true range (ATR) volume, or relative volume.
3. **VWAP (Volume Weighted Average Price)**: Qullamaggie uses VWAP as an intraday indicator to help identify potential entry and exit points. VWAP can be used to determine the average price at which a security was traded, weighted by volume.
4. **MACD (Moving Average Convergence Divergence)**: While not specifically mentioned, MACD is a commonly used indicator in technical analysis. It can help identify trends, crossovers, and divergences, which can be useful in the Qullamaggie method.
5. **RSI (Relative Strength Index)**: RSI is used to gauge the strength of a trend and potential overbought or oversold conditions. Qullamaggie may use RSI to help with risk management and to identify potential reversal points.
6. **Bollinger Bands**: Bollinger Bands can be used to identify volatility and potential breakouts. Qullamaggie may use Bollinger Bands to help with his breakout setups.
7. **Chart Patterns**: Qullamaggie focuses on specific chart patterns, such as the Double Bottom pattern, which is a breakout setup. Other patterns, like the Episodic Pivot (EP) and the Parabolic Short, are also used.

These indicators are used in conjunction with each other and with a focus on higher-time frame charts (daily, weekly) to identify potential trading opportunities. It's important to note that while these indicators are used, Qullamaggie also emphasizes the importance of understanding market psychology, risk management, and discipline in trading.