StochRSI is a portmanteau of two common oscillators: Stochastic and Relative Strength Index (RSI). It nests the RSI indicator within the Stochastic indicator. Sounds suspicious. Sounds like a fanciful indicator that obscures price action. Something to stay away from. But before you take to your heels (and miss a useful tool), let’s take a closer […]
Ease of Movement Trading Strategy
Combining price and volume helps us to decipher demand and supply. But what’s the point of understanding demand and supply? We want to find the path of least resistance. For this purpose, Richard Arms’ Ease of Movement indicator fits the bill. While you can check out Ease of Movement’s formula here, you don’t need to […]
10 Technical Trading Indicators You Must Know
Are you confused by the bright lines on your trader friend’s price charts? What value do those squiggly lines add to your chart analysis? Let’s find out now. In technical analysis, these colourful lines are technical indicators used for forecasting the market. There are tonnes of trading indicators with creative traders churning out new variants […]
6 Simple Ways To Scan For Swing Trading Opportunities
The radar was one of the game-changing battlefield technology in World War II. It allows you to find out the speed and position of your enemies without actually seeing them. This ability is exactly what a swing trader needs with the vast number of financial markets out there. Looking for trading opportunities by poring over […]
Price Action Pattern Indicator For NinjaTrader
This nifty Price Action Pattern Indicator for NinjaTraderâ„¢ (both NT7 and NT8) will help you find five effective price patterns featured on Trading Setups Review. Pay what you want (minimum $9.99) for the Price Action Pattern Indicator (worth $95). Buy now from our Ko-Fi Shop Features – Price Action Pattern Indicator > Five price patterns […]
Demystifying the Displaced Moving Average
If you shift the regular moving average on your chart to the right or left, you get a displaced moving average. Many trading strategies use displaced moving averages as an improvement over regular moving averages. However, what is the value of displacing the moving average right or left? Is it an improvement over the normal […]
