The Commodity Channel Index (CCI) measures the difference between the current price and the historical average price. High readings of 100 or above, indicate the price is well above the historic average and we are in an uptrend. Low readings below -100, indicate the price is well below the historic average and the commodity (Or […]
The detrended price oscillator (DPO) is an indicator that does not react to the most current price action by using a displaced moving average instead of the real price. It attempts to eliminate long-term trends in prices. This is good to figure out overbought and oversold levels.My strategy to use DPO:In trendy markets, use the […]
✔This indicator runs from -100 to 100. ✔The values above 50 are considered overbought and values below -50 oversold. ✔The higher the magnitude or absolute value of the indicator the stronger the trend. ✔We can combine this with a MA (the period between half to a third of the CMO) to get early entry signals.Please […]
✔ CFO shows the price trend ✔ Crossing the zero line could indicate a breakout or change of trend direction ✔ If the oscillator is above the zero point then the forecast price is higher than the current price and vice versa. Link to the video. Please click here!
By using this indicator we can have a better view of the following situations: ✔ The market retreats from a new high ✔ The market ranges in a narrow band ✔ Price rises above the recent high. ✔ A new market peak. ✔ A likely reversal Link to the video: Please click
Center of Gravity is a relatively new indicator. It is perfect for volatile markets. I normally combine this with a MA(Moving Average) 3 times the period of COG. Also A link to the video: Click here
Bollinger Bands has 3 lines: A simple moving average (middle band, normally MA20) and an upper and lower band which are typically 2 standard deviations +/- from a 20-day simple moving average. To be successful using Bollinger Bands: 1- Always follow the trend 2-Ride the massive trends by adding to your positions and good entry points. […]
We can get different trading signals from this indicator. I like the Twin peak or Twin low signals. A – Twin peak sell signal: (Buy when the bars still below zero and sell when bars are above zero). I like this one as it gives us early entry to the trade. 1- Bar chart should […]
The Average True Range (ATR) is useful in measuring the strength of a trend. For example, if the market’s price makes a big move or reversal, either Bullish or Bearish, there will be an increase in volatility which leads the ATR to rise. We can also use ATR to set Stop loss on a trade, […]
A surge in BTC price may happen if the following items confirmed as per the Encyclopedia of Chart Patterns. 1) A massive vertical sell-off while the price is in a downtrend 2) A bottoming pattern 3) A rally past the downtrend line formed in 1) 4) a bounceback to the trendline which leads to a […]
