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
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 […]
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 […]
Can we expect a bounce back up. https://youtu.be/aepIVolowIE
