What Is The Solar Wind Joy Indicator & How To Trade With It

Solar Wind Joy Indicator

Solar Wind Joy is a technical indicator comprised of bullish (green) zone and bearish (red) zone. It is an oscillator that attempts to forecast the trend reversal and also tells you the strength of trend. The Solar Wind Joy indicator can be used for trading forex, stocks, commodities, indices, cryptocurrencies and any other trading instrument that you can load in your trading platform. What is Solar Wind Joy indicator? The Solar Wind Joy indicator is a histogram forex trading indicator. It is displayed on the chart in a separate window. It gives a clear signal on the chart in first …READ MORE

What Is The Relative Volatility Index Indicator & How To Trade With It

Relative Volatility Index

Relative Volatility Index (RVI) was developed by Donald Dorsey, not as an independent trading indicator but as a confirmation of the trading signals. It was first introduced in the journal “Technical Analysis of Stocks and Commodities” in June 1993. The redesigned indicator appeared in September 1995. What is Relative Volatility Index (RVI)? The Relative Volatility Index is similar to the Relative Strength Index (RSI) but it shows the maximum and minimum prices of the standard deviation in a particular range. The Relative Volatility Index can range from 0 to 100 and, unlike many indicators, does not show price movement, but …READ MORE

What Is The McGinley Dynamic Indicator & How To Trade With It

McGinley Dynamic Indicator

The McGinley dynamic indicator was developed by J. McGinley in the year 1990 and is used as a moving average. The indicator can be used to help filter trading signals as part of an overall forex trading strategy. It can also be applied to other markets including stocks, commodities, indices, cryptocurrencies and more. What is the McGinley Dynamic Indicator? Volume and volatility components with the addition of the McGinley Dynamic Indicator to help mitigate the negative effects of accelerating or slowing markets. His formula is specifically aimed at capturing the effect of changes in market characteristics on the trend line. …READ MORE

What Is The Ease of Movement Indicator & How To Trade With It

Ease of Movement Indicator

The Ease of Movement indicator is a momentum indicator developed by Richard Arm. This is a volume-based indicator that determines the relationship between the rate of change of a currency pair’s price and its volume. As the name implies, this trading indicator is designed to measure the “ease” of price movement. What is the Ease of Movement indicator? The Ease of Movement indicator is an oscillator in the form of a blue curved line that bounces above and below the zero level. A significant positive value above zero indicates that the trend is bullish at a disproportionately low volume. Conversely, a significant …READ MORE

What Is The Dynamic Momentum Index Indicator & How To Trade With It

Dynamic Momentum Index

Tushar Chande and Stanley Kroll developed the Dynamic Momentum Index indicator and published it in the Stocks and Commodities Magazine in 1993. The indicator can be applied to any market or trading instrument to help find potential trading signals. What is the Dynamic Momentum Index? The dynamic momentum index is a fast-response impulse indicator derived from the relative strength index or RSI. It can respond to changes in momentum faster than RSI and some other momentum indicators since it uses variable periods in its calculation, rather than a fixed number of periods used in RSI calculation. This can help forex …READ MORE

What Is The Coppock Curve Indicator & How To Trade With It

Coppock Curve Indicator

The Coppock Curve indicator is a technical analysis tool, which is based on the analysis of the sum of smoothed asset returns under study. This indicator appeared in 1962, and its author is Edwin Coppock. Even though the indicator is currently adapted for the MetaTrader 4 platform, it is not very popular among traders. However, the methodology for calculating this instrument is very interesting, and it can help to filter trading signals for entering the market. What is the Coppock Curve indicator? Initially, the forex Coppock Curve indicator was intended to be used on monthly charts to identify long-term trends. …READ MORE

What Is The Polarized Fractal Efficiency Indicator & How To Trade With It

Polarized Fractal Efficiency

Hans Hannul first introduced polarized fractal efficiency indicator in the January 1994 edition of “Technical Analysis of Stocks & Commodities”. The trading indicator’s purpose is to identify the degree of effectiveness of price movements and determine how chaotic or directional price changes were in the recent past. What is the Polarized Fractal Efficiency indicator? The polarized fractal efficiency (PFE) indicator is designed to measure the effectiveness of price movements. It is based on the fundamental axiom of geometry, that the most effective movement, in this case, the price movement, is linear. Thus, this contributes to the movement of prices in …READ MORE

What Is The Qstick Indicator & How To Trade With It

QSTICK INDICATOR EXPLAINED

The Qstick indicator was developed by Tushar Chande and Stanley Kroll in their work “The New Technical Trader” (John Wiley & Sons, New York, 1994, 256 pages). Qstick is a momentum price oscillator, a simple moving average of the difference between the close price and the open price, fluctuating relative to the zero level. What is the Qstick indicator? Qstick analyzes the difference in closing and opening prices, like numerical expression of the “candlestick” method: When the current closing price is higher than the opening price of today, the buying pressure is fixed If the current closing price is less …READ MORE

What Is The Percentage Price Oscillator & How To Trade With It

PERCENTAGE PRICE OSCILLATOR EXPLAINED

The Percentage Price Oscillator trading indicator is based on two moving averages and is designed as an oscillator. The Percentage Price Oscillator indicator is calculated as the difference between fast and slow EMA divided by fast EMA. What is the Percentage Price Oscillator? The Percentage Price Oscillator indicator has several advantages: It can show the divergence signals between prices and the value of the oscillator. It can identify price extremes, its movements are dynamic. Derived from the MACD pointer with its percentage-based, the Percentage Price Oscillator (PPO) uses a PPO line that is plotted by calculating the percentage difference between …READ MORE