What Is The Ichimuko Cloud & How To Trade With It

Ichimuko Cloud

The Ichimoku cloud is a type of technical analysis that defines support and resistance levels, momentum, and trend direction. The Ichimoku was developed by Goichi Hosoda, a Japanese journalist in the 1960s. It is also called Ichimoku Kinko Hyo. What is the Ichimoku Cloud? The Ichimoku is a collection of many indicators that display momentum, trend, and support and resistance levels by plotting various averages. The cloud in Ichimuko represents future projections of support and resistance levels. When the price is below the cloud, it signifies a downtrend, and when the price is above the cloud, it’s a signal of …READ MORE

What Is The Chande Momentum Oscillator & How To Trade With It

Chande Momentum Oscillator

The Chande Momentum Oscillator is a type of technical indicator that measures the momentum of the price. It was developed by Tushar Chande, and was introduced in his book, “The New Technical Trader.” What is the Chande Momentum Oscillator? Like any other momentum oscillator, the CMO gauges the direction of the price. It oscillates between the levels of -100 and +100. The formula for calculating the Chande Momentum Oscillator is: CMO = sH – sL / sH + sL * 100 Where; sH is the sum of higher closes over N-periods, and sL is the sum of higher losses over …READ MORE

What Is The High-Low Indicator & How To Trade With It

High Low Indicator

The High-Low indicator defines the lowest and the highest price in a specific timeframe. If the indicator is positive and rising, it’s a bullish signal. And, if it is negative and falling, it’s a bearish signal. The High-Low indicator can be used on your trading platform charts to help filter potential trading signals as part of an overall trading strategy. What is the High-Low indicator? The High-Low indicator helps traders in finding the highest and the lowest price on a predetermined timeframe. With this, the indicator can help confirm the prevailing trend. Also, the highs and low are often the …READ MORE

What Are Camarilla Pivot Points & How To Trade With Them

Camarilla Pivot Points

The Camarilla Pivot Points provides traders with key support and resistance levels. These levels can be used to help determine entry, stop-loss, and take-profit points. What is the Camarilla Pivot Points? The Camarilla Pivot Points defines a change in market sentiment and the overall trend. It pays heed to high, low, and closing prices between the trading days. Like any form of pivot points, Camarilla was traditionally for equity and futures exchanges. Now, it is used with forex, cryptocurrencies and other markets. Camarilla is often used to find possible support and resistance levels. There are four support and resistance levels …READ MORE

What Is The Range Expansion Index & How To Trade With It

Range Expansion Index

The Range Expansion Index indicator or REI indicator for short, is a market-timing oscillator. It measures the strength and weakness of a trend based on the price changes. Tom Demark introduced it in his book The New Science of Technical Analysis. The Range Expansion Index indicator can be used on your trading platform charts to help filter potential trading signals as part of an overall trading strategy. What is the Range Expansion Index? The Range Expansion Index uses arithmetic calculations and filters false signals in a mor complex manner than exponentially calculated indicators like MACD. The indicator oscillates between the …READ MORE

What Is The Range Action Verification Index & How To Trade With It

Range Action Verification Index

The Range Verification Index or RAVI is used to identify the trending market. Introduced by Tushar Chande in his book Beyond Technical Analysis, RAVI shows the difference between the current prices and the past prices in percentage. The Range Action Verification Index indicator can be used on your trading platform charts to help filter potential trading signals as part of an overall trading strategy. What is the Range Action Verification Index? Chande suggested two lines of the RAVI for its dependence on the market.; 3% and -1%. He mentioned the 13-day SMA as the source of indicator. It shows the …READ MORE

What Is The KST Oscillator & How To Trade With It

KST Oscillator

The KST Oscillator or Know Sure Thing Oscillator is a momentum-based oscillator. Developed by Martin Pring, the oscillator makes the rate-of-change readings smooth for the traders. It gives the four different timeframe readings, measuring their momentum and combining them into a single momentum oscillator. The KST Oscillator indicator can be used on your forex trading platform charts to help filter potential trading signals as part of an overall trading strategy. What is the KST Oscillator? In the 1992 edition of Stocks and Commodities article, Pring describes the KST Oscillator as “Summed Rate of Change.” The indicator gets its name Know …READ MORE

What Is The Inertia Indicator & How To Trade With It

Inertia Indicator

In Physics, inertia is a continuous motion of the body until an outside force acts upon it. In financial markets, the concept of inertia was given by Donald Dorsey in the 1995 issue of Technical Analysis of Stocks and Commodities through the Inertia Indicator. The Inertia Indicator is moment-based and is an extension of Dorsey’s Relative Volatility Index (RVI). It defines the long-term trend and the distance of its extension. What is the Inertia Indicator? Dorsey stated that a trend is an “outward result of inertia.” According to him, the market takes greater force to reverse its course than to …READ MORE

What Is The Gann Trend Oscillator & How To Trade With It

Gann Trend Oscillator

The Gann Trend Oscillator is a trend-following indicator use for determining the long-term direction of the price. It was introduced by Robert Krausz in his book A W.D. Gann Treasure Discovered. The Gann Trend Oscillator ranges between +1 and -1. What is the Gann Trend Oscillator? The Gann Trend Oscillator defines an uptrend and a downtrend. The market is uptrend when the oscillator shows a value of +1 and a downtrend when there is a value of -1. Krausz mentioned that when the market is in an uptrend, the Gann Trend Oscillator describes two higher highs. After an uptrend, a …READ MORE