Swing Index is used to compare a price movement to price swing The purpose is to defining the strength of price movement. Positive SI reading can be a sign of a price up-move and negative SI readings considered as a sign of price down-move. Swing Index is based on the 2-bar data I prefer to […]
A stochastic oscillator is a momentum indicator . Trading Strategy: ✔ Recognise the trend: 👉 In a trendy market only open position in the direction of trend. 👉In a range market you can use both buy and sell signals. ✔ Upper band and lower band indicating different things in different market conditions: 👉In a trendy […]
We can use this indicator to get the following information. Overbought or Oversold: Above the overbought and below the oversold lines. Trend: More oversold in compare to overbought indicates a downtrend. More overbought in compare to oversold areas indicates a downtrend. Trading Signals: Crossing the lines inside the extreme areas. #APPLE #AAPLE #BHP #RIOTINTO #TLRY […]
https://youtu.be/EBG8VBa8znM standard Deviation Indicator Standard deviation is an indicator that measures the size of recent price movements of an asset, to determine the current volatility or predict how volatile the price may be in future. It can help you decide whether the volatility of the price is likely to increase or decrease as normally big […]
