We have different momentum indicators: MACD, RSI, Stochastics Role of thumb: A new high in momentum ▶ expect a high in price A new low in momentum ▶ expect a low in price Diversion: new higher high in price but lower high in indicator ▶ expect a strong retrace in price Momentum Indicator
Type: Trend reversal indicator Settings: Period 25 Signal line 27
The Lowest Low-Value indicator plots the lowest low price over a specific period. Previously on my another video called “Highest High Value Indicator (HHV)” I explained how we can combine HHV with MA. (Link is provided below) On this video, I am explaining how to use both LLV and HHV indicators combined with ATR to […]
A statistical technique used to identify the strength and direction of the market trend is using the Linear Regression Slope as this is a centred oscillator type indicator. It fluctuates above and below a central line drawn at 0. This indicator can be used to measure the strength or weakness and direction of the […]
The Intraday Momentum Index (IMI) combines candlestick analysis with the RSI.It takes into account the open and close price over the course of the day.Technical analysts can use the IMI to find overbought or oversold conditions.Please consider the following:✔There will be more false signals in volatile markets and market collapse.✔Use SLs✔This is good to add […]
Highest high value is the highest value of the market during the selected period. Highest High Value = Maximum (High) of n−periods Strategy: Combine it with a simple moving average for trading signals. In an uptrend: Buy when HHV goes above MA In a downtrend: Sell when the HHV crosses the MA from […]
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