Bollinger Bands indicator – a simple but powerful indicator, ideal for traders who love the visual style of forex trading. Created by John Bollinger, Bollinger Bands indicator that measures market volatility and provides a wealth of useful information: Trend direction Trends continued or paused The period of market consolidation Periods of massive future volatility breackouts …
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ATR Indicator (Average True Range) developed by Wilder, gives traders an overview of the volatility history in order to prepare for trading in the real forex market. Currency pairs that get a lower ATR reading show a low market volatility, while currency pairs with higher ATR indicator readings require proper trade adjustment in accordance with …
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Parabolic SAR indicator in trading involves the following signals: PSAR’s dot above the price -> Downtrend. PSAR’s dot below the price -> Uptrend. Details Parabolic SAR indicator is trend indicator, which describes to forex trader about stop price point , price reverse and trend direction. This concept of its use is easy to understand. Parabolic SAR …
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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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