Moving Average indicator (MA) is one of the most common indicators used in forex trading. This indicator is easy to set up and easy to interpret. Speaking simply, the Moving Average measures only the moving average price over a period of time. It smooths out the price data, allowing to see market trends. How to Implement Moving …
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Summary MACD indicator can be used for trading with the following signals: MACD lines are truncated – changing trends The MACD historical line is above zero – Market bullish (uptrend), if below – bearish (downtrend). The MACD Histogram line flips over zero – a confirmation of a force of a current trend. The MACD histogram …
Trading with ADX indicator involves the following signals: ADX indicator can be used with the following rules: ADX staying below 20 level — there is no trend or the trend is weak. ADX moving above 20 level — trend is strong. ADX passing 40 level — trend is extreme. ADX value rising — trend is …
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Heiken ashi candlesticks , some call it Heikin Ashi Candlesticks. Heiken-ashi candlesticks provides an interpretation of market trends in a neat and descriptive way. Candlesticks have been introduced to the Western world by Steve Nison. His book, “Japanese Candlestick Charting Techniques” presented a new approach to technical analysis. The Japanese approach. History tells us candlestick charts …
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Alligator indicator consists of 3 indicators Moving Average: Alligator’s jaw (blue line) is the Simple Moving Average period of 13, from (High + Low) / 2, and will move forward 8 chart lines; Alligator teeth (red line) is Simple Moving Average period 8, from (High + Low) / 2, and will move 5 bar chart …
Fractals Indicator – an indicator introduced by Bill Williams. Simple and versatile, fractals can be used as a stand-alone indicator or in combination with other Forex indicators Bill Williams also gives us his approach to using fractals in trading, which we are going to highlight here as well. But before that, let’s touch The basics …
To minimize the loss when our position in opposite direction to the trend, as well as to maximize profits while our position in the direction of the trend, we could use Averaging Strategy. Averaging based on the meaning it is averaging. In the case of open positions, averaging strategy is useful for averaging the position opening …
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