Many of our open source tools have gained recognition that we truly did not expect: hundreds of comments, hundreds in donations (a big thanks!) and a few Editors' Picks nominations. One particularly appreciated addition on our publications is the Practical guide section, covering ideas for using the tools in practical ways that can be applied to real world use...
S&P500 (SPX) strategy using Stochastic RSI Min-Max, normalized Volatility and Trailing Stop signals, beats the Buy&Hold strategy by 16 times
Embarking on the quest to time the market accurately, the 'Holy Grail' of strategies, led me to create a script to approach this goal. Unlike other strategies that I tested, this one not only surpasses the long-term S&P500...
TradingView is a comprehensive online platform designed for traders and investors to analyze financial markets and make informed trading decisions. It offers a wide range of tools and features tailored to meet the needs of both beginners and experienced traders. Here's an overview of the key aspects of the TradingView platform:
1. **Charting Tools**: TradingView...
Hello Traders, and welcome to a new year of endless learning opportunities! Today, we will kick off 2024 by exploring the concept of support and resistance, how to identify these levels and common misconceptions about them. Support and resistance levels play a crucial role in technical analysis and can greatly impact your trading strategy. Understanding these...
I know that the topic of moving averages has been fairly explained in crypto and other trading markets, and every trader has a good knowledge, and usage cases for them, but here I will share my own view of the moving averages, and how I use them for trading without relying on technical or educational sources by any means.
Starting with a recap on the main idea...
Triangle chart patterns offer valuable insights into market dynamics, symbolizing a clash between buyers and sellers within a contracting price range. These patterns are often classified as continuation or neutral patterns, suggesting that the price is likely to persist in its existing trend after the pattern concludes.
1. Symmetrical Triangle:
A ...
In the realm of technical analysis, certain patterns stand out for their efficacy and the insights they offer traders. Among them is the Ross Hook pattern, deeply rooted in the foundational 1-2-3 pattern. This article delves into understanding these patterns, their origin, and how traders can integrate them into their strategies. Dive in to unravel the nuances of...
Have you ever considered using the Ichimoku Cloud, a powerful and versatile technical analysis tool that goes beyond traditional chart analysis?
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Discover the Ichimoku Cloud, technical analysis tool developed by Japanese journalist Goichi Hosoda in the late 1960s.
This method visually represents...
Volatility can seem like a scary concept at first glance: wild price swings, stop-outs, and general unpredictability. However, there are volatility technical indicators that can help. This article covers five essential volatility indicators, discussing how they work and how they’re used to gauge market conditions.
What Is Volatility?
Volatility represents the...
In the world of financial markets, volatility is both a challenge and an opportunity for traders. One notable pattern that occurs during periods of volatility is the “shakeout pattern.” This unique pattern often takes inexperienced traders by surprise, but experienced traders see it as a valuable profit opportunity. In this post, we'll look at the shakeout...
Today, let's back to fairly good known triangle shapes: Symmetrical, Ascending, Descending and Broadening Triangles.
Triangle chart patterns provide valuable insights into market dynamics, representing a battle between buyers and sellers within a narrowing price range. These patterns are often categorized as continuation or neutral patterns indicating that the...
Understanding volume and volume indicators is crucial for anyone looking to understand the financial markets. This article offers traders insights into the five of the best volume indicators, allowing them to gauge market trends, momentum, and potential reversals.
Understanding Volume and Volume Indicators in Trading
In trading, volume refers to the quantity...
Greetings, fellow traders! Today, let's delve into the fascinating world of liquidity, pivot points, and how they can be essential elements in your trading strategy. Understanding the relationship between these factors can provide you with valuable insights into potential price reversals and market sentiment. 💡📈
🤔 What is Liquidity?
Liquidity refers to how easily...
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Trading double tops and double bottoms is a common strategy in technical analysis used by traders to identify potential trend reversal points in financial markets. These patterns can occur in various timeframes and on different assets, including crypto, stocks, forex, and...
Hello,
Welcome to this tutorial about Candlesticks and in particular the very various candlestick patterns that form in the financial markets. The charting technique under which Candlesticks operate are candlestick charts and the candlesticks firstly came up in the 18th century, till today they established as a widespread technique that many traders use for...
Price Volume Trend: Using the Indicator for Trading Strategies
Evaluating volume and price movements is one of the key pillars of technical analysis. One tool used in this process is the Price Volume Trend indicator. In this FXOpen article, we will delve into this indicator, discussing its calculation, uses, and limitations.
What Is the Price Volume Trend...
Introduction:
TradingView has gained widespread recognition as a versatile platform for traders and investors, offering a wide range of tools and features to analyze and trade financial markets. In this guide, we will dive into the core features that make TradingView a go-to choice for traders of all levels.
User-Friendly Interface
Intuitive Charting :...
In the complex world of trading, tools that can help traders gauge the strength of price movements are invaluable. One indicator favoured for this ability is the force index, and today, we’ll be taking a closer look at how it works, how it’s calculated, and where it’s best applied.
What Is the Force Index?
The force index indicator, sometimes called the...
