The Donchian channel is a trend-following indicator. ✔It is wise to use this in conjunction with another trend indicator like ATR or simply 2 moving averages.✔Only trade in the direction of the trend.✔The Donchian channel measures the high and the low of a previously defined range – typically of the past 20 candles. (You can […]
The Coppock Curve is a momentum oscillator indicator. Trend recognition: In an uptrend, the indicator stays above the zero line most of the time. In a downtrend you will see the Coppock curve spends more time below the zero line. Trading Signal: I prefer to use only buy signals on stocks and indices but you […]
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 […]
