The pivot points are a technical analysis indicator used to determine the general trend of the market over different time frames. The pivot points themselves are simply the average of the high, low and closing price
Read More »The Average True Range (ATR) Indicator
The Average True Range (ATR) is a technical analysis volatility indicator originally developed to simply measure the degree of price volatility. The indicator does not provide an indication of price …
Read More »Wilder’s DMI Indicator
Wilder’s DMI, a set of 3 directional indicators, is an effective technical analysis tool that identifies trends and then determines their impact on price action
Read More »Standard Deviation
The Standard deviation is used to measure the intensity of the market’s fluctuations by calculating how much prices are deviated from their moving average.
Read More »Commodity Channel Index (CCI)
There are several ways to use the Commodity Channel indicator (CCI), such as deviations; they appear when the price reaches a new peak; while the Commodity Channel Index can't cross its previous top.
Read More »The Moving Average Indicator
The most common classic way to interpret the Moving Average is to compare the dynamics of the Moving Average curves with the price movement of a certain financial instrument, which in this case will serve as support or resistance levels
Read More »Relative Strength Index (RSI)
The Relative Strength Index casts the ratio of the instrument’s strength, usually a value between 30 and 70. This indicator is often used as a confirmation with other technical indicators
Read More »Renko Charts
Renko charts can be used as a way to follow the general price trend of a currency pair, or in other words, to determine possible changes in the price trend
Read More »Stochastic Oscillator
The Stochastic Oscillator is a momentum indicator that attempts to predict price turning points by comparing the closing price of a financial instrument to its high- low price range.
Read More »Fibonacci Levels in Forex Trading
After the price move up or down, it often corrects its move and retests Fibonacci levels as if it was facing support and resistance levels at or near the Fibonacci level
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