This short video explains the problem with technical analysis. As investors/traders, our goal is to remove emotion from our decision making. However, with a bounty of powerful indicators and tools, we quickly introduce "indicator overload" and "analysis paralysis." GoNoGo Charts® seek to capture the responsible checklist with multiple indicators but calculate the weight of the evidence in the background, so the charts remain clean, elegant and focused on price action. This is the first video in a multi-part educational series from Tyler Wood, CMT and Alex Cole, co-founders of GoNoGo Charts®.
NOTE
The free GoNoGo Trend tool will be available in the upcoming Optuma 2.2 release. Optuma clients can [contact support](https://www.optuma.com/contact){:target='_blank'} to join the 2.2 beta program and get access now!
Better charts. Better decisions.
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View Part 2 | GoNoGo Trend Identification - Part 2 View Part 3 | GoNoGo Oscillator - Momentum Concepts in Technical Analysis - Part 3 View Part 4 | GoNoGo Trend Re-Entry - Part 4 View Part 5 | GoNoGo Embracing Volatility - Part 5 View Part 6 | GoNoGo Evidence-based Investing - Part 6
Founder / CEO
Alex Cole is a market analyst and software developer. Over the past 15 years, Alex has led technical analysis and data visualization teams, directing both business strategy and product development of analytics tools for investment professionals.
