https://youtu.be/yENiJnjVobs The Price Oscillator uses two moving averages. ✔ One shorter-period, and one longer-period. ✔ When 2 MAs cross each other the PO reads 0. The Price Oscillator technical indicator can show overbought and oversold areas. Strategy: Only go long in an uptrend. Only go short in a downtrend Uptrend strategy: Look for an oversold […]
In a Downtrend: Only sell 1. At the end of the overbought area 2. Add when crossing below 0 line 3. Add at the start of Oversold In an Uptrend: Only buy 1. At the end of the oversold area 2. Add when crossing above 0 line 3. Add at the start of overbought Indicator […]
https://youtu.be/qX5eJz6w9Pw A pivot point is a technical indicator to identify trends and reversals in any market. Pivot points are calculated to determine critical levels in which the price could find its support and continues in the same direction or change from bullish to bearish, and vice-versa. We can use Pivot points to find entry, stops, […]
This is a very interesting and useful indicator. You can use it for the following purposes: Trend ——We are in an uptrend when dots are below the candles. ——Downtrend is when dots are above the price. Entry Signals —— Buy signals ( Only in an uptrend market ). The first dot below the candle —— […]
Moving average envelopes are created by plotting 2 lines at a percentage or points away from either side of the MA. MAEs are good to figure out the best resistance and support levels. We can add/close/open new positions when touching the support/resistance levels as well as when price crosses the middle line.
