I remember the first time I opened NinjaTrader™. What is “Control Center”? How do I start controlling? My mind went into a blank. I closed it and went back to my broker’s proprietary trading platform. It was months later before I mustered enough willpower to find out how to bring up a chart in NinjaTrader™. That was […]
Archives for December 2013
Traditional price charts plot using fixed units of time. Is this the only sensible way to chart? Should we consider charts that ignore the passage of time? In this article, we will look at the merits of using time charts and the value of alternative charting methods that exclude time. Why Time Charts? The first reason […]
Displacing a moving average means shifting the moving average to the right. With two displaced moving averages (DMA), we can form a channel trading strategy. This displaced moving average channel trading strategy comes from Paul Ciana’s book, New Frontiers in Technical Analysis: Effective Tools and Strategies for Trading and Investing. Paul Ciana is a Chartered Market […]
MACD is a very popular indicator among traders. It is a versatile indicator which tells the market trend, and highlights momentum. It is not surprising that many traders have designed trading strategies using the MACD indicator. The MACD trading strategy we are looking at today combines the MACD indicator and the inside bar pattern by […]
If you are looking for the one Holy Grail day trading indicator in this article, you’re in for a rude shock. I am not giving you any sure-win “buy when green arrow appears” indicator. But you may get more than that. Best Day Trading Indicator? Before you search for the best day trading indicator, answer […]
With the tons of trading indicators out there, it is a Herculean task to go through them one by one. Hence, many of our readers have asked for recommendations of day trading indicators.