ADL Quick Summary Advance Decline Line Indicator involves the following signals: Advance Decline Line Indicator is rising and so does the price — uptrend is healthy. ADL is falling and so does the price — downtrend is healthy. Divergence between ADL and price – changes/pauses in the trend should be expected. Advance Decline Line indicator …
“The Market Facilitation Index (MFI) is a measure of the market’s willingness to move the price. I cannot overemphasize the value of this indicator. It is a more truthful measure of market action than any stochastic, RSI (Relative Strength Index) or other momentum indicator.” Bill Williams In his book “Trading Chaos” Bill Williams introduces a …
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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 …
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