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 […]
✔Lines: The Leading Span A and Leading Span B creating the cloud. The Leading Span A is the average of the Conversion Line and the Base Line. ✔Trend identifying: The trend is up when prices are above the cloud, The trend is down when prices are below the cloud.No trend when prices are in the […]
Volatile market! This indicator can be used to determine the volatility of the market. When the HV is higher than the average, it means that the price is fluctuating more frequently than normal. In such an uncertain market it is wise to change your strategy or to stay away from trading. The big HV numbers […]
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 […]
Recognise the volatile market. Figure out the trend direction. Open your new positions. HML indicator simply plots the difference between high and low. High readings mean we are in a trendy market. Low readings mean we are moving sideways in a range. My strategy: ✔Combine this with a volume indicator (Like Accumulation/Distribution Indicator) ✔High reading […]
My strategy for this indicator is as follow:Use 2 sets of indicators with different shift percentages. ( I use the period of 100 and shift percentages of 2 and 5 on daily charts for commodities and indices)✔Buy in an uptrend!When the price crosses above the higher band of the indicator with a smaller shift percentage.Close […]
A low value of Gopalakrishnan Range Index means low volatility in a market where there are no gaps or significant changes in the charts. Whenever the charts start making strong moves or creating gaps the GAPO starts to rise.We can not use this for a buy or sell signal.It only gives an idea of the market volatility.If you […]
The value of Fractal Chaos Oscillator is calculated as the difference between the most subtle movements of the market. ✔Its value moves between -1.000 and 1.000. ✔The higher the value of the Fractal Chaos Oscillator, the more one can say that it follows a certain trend. ✔When the FCO reaches a high value, we open […]
The Fractal Chaos Bands (FCB) indicator looks back in time depending on the number of time periods trader selected to plot the indicator. The upper fractal line is made by plotting high prices. The lower fractal line is made by plotting price lows. The Fractal Chaos Bands show an overall view of the price movement […]
The Fisher Transform attempts to normalize market prices, this makes the turning points in price stand out. Trading Strategy: 1. Always trade in the direction of the trend. 2. Look for extreme readings to signal potential price reversal areas. 3. Observe to see a change in direction of the Fisher Transform. This indicator may not […]
