The Aroon Oscillator is a good indicator to follow the trends. It uses the Aroon Up and Aroon Down from Aroon indicator to calculate the strength of a current trend and the likelihood of its continuation. Link to the video, please click here.
The Aroon indicator has two lines. the Aroon up measures the number of periods since a High, and the Aroon down measures the number of periods since a Low. This is a trend recognition indicator. The indicator is traditionally applied to 25 periods of data, however, I use different periods on different time frames. The […]
Alligator indicator was introduced by Bill Williams. Its components are three lines, drawn on a pricing chart, which represent the jaw, the teeth and the lips of the alligator, it is good for trend recognition and trading signals. I sometimes use it to recognise the wave formations. When the three lines are close to each […]
ADX/DMS is an indicator that has 3 components to analyse the strength and direction of a price trend. It was originally developed by Welles Wilder. The three inputs are the Average Directional Index (ADX), the Minus Directional Indicator (-DI) or MDI and the Plus Directional Indicator (+DI) or PDI.It is a trend strength indicator. We […]
Hi everyone!Are you educated on indicators?✔Accumulation distribution is a cumulative indicator which uses price & volume to decide if a market is being either accumulated or distributed. If the price is falling but the indicator is rising this indicates that buying or accumulation volume may be enough to support the price rise.But the best way […]
Hi My copiers and followers on eToro know that I believe the price of Crypto will go very high in the next couple of years. We will have a big rise before and after halving happens in May and then the rise will continue for upcoming years. I have been asked 2 questions recently. 1st […]
Price Retracement Levels 0.236, 0.382, 0.500, 0.618, 0.764 Price Extension Levels 0, 0.382, 0.618, 1.000, 1.382, 1.618 Fibonacci Retracement Levels In an uptrend, the general idea is to go long the market on a retracement to a Fibonacci support level. The price retracement levels can be applied to the price bar chart of any market […]
In general, a trader could incur the following costs and personal expenses: Personal expenses: Your time, trading books, lessons, personal tutor, internet costs, computer depreciation, office costs, bots, etc… Broker-based commissions, spreads and platform fees. Overnight and over weekend fees or refunds. Platform fees. Some brokers may charge a fee for using their platforms. Not very […]
The correlation between different markets always changes. So we should review the charts constantly to see if the correlation changes or not. Looking at the following picture, we will notice how nicely #Gold and #BTC have been correlating during the past few months. To lern more about hedge trading please also read the following posts […]
Definition: Knowing the definition of correlation can be very helpful in FX trading. Correlation is a mutual relationship or connection between two or more pairs. The value of a correlation coefficient ranges between -1 and 1. The greater the absolute value of the correlation coefficient, the stronger the linear relationship will be. The strongest linear relationship is indicated […]
