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 […]
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 […]
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.
42 is the answer to everything, but still not the best setting for trading indicators. Before we discuss what are the best settings for trading indicators, we need to recap on an important principle of trading indicators. Trading Indicators – An Important Principle Smaller settings lead to more sensitive trading indicators that produces more signals. […]