๐ Best Beginner Technical IndicatorsTechnical indicators are mathematical calculations based on an asset's price and/or volume that are used to analyze market trends and identify potential trading opportunities.
๐Trend indicators:
These indicators are used to identify the direction of the market's trend over a given time period. Some popular trend indicators include moving averages, trendlines, and the Average Directional Index (ADX).
๐Relative strength indicators:
These indicators compare the strength of a security's price action to the strength of a market index or another security. They are often used to identify potential buying or selling opportunities based on whether a security is overbought or oversold. Examples of relative strength indicators include the Relative Strength Index (RSI) and the Stochastic oscillator.
๐Momentum indicators:
These indicators measure the rate of change in a security's price over a given time period. They can be used to identify potential trend reversals or confirm the strength of a current trend. Examples of momentum indicators include the Moving Average Convergence Divergence (MACD) and the Rate of Change (ROC).
๐Volume indicators:
These indicators measure the trading volume of a security over a given time period. They can be used to confirm the strength of a trend or identify potential trend reversals. Examples of volume indicators include the Chaikin Oscillator and On-Balance Volume (OBV).
๐ค @AlgoBuddy
๐
Daily Ideas about market update, psychology & indicators
โค๏ธ If you appreciate our work, please like, comment and follow โค๏ธ
Volumeindicator
NZD/USD: Volume Profile ๐ and Price Action Analysis ๐On NZD/USD is nice to see strong sell-off from the price 0.62930 , there are nice to see strong volume area....
Where is lot of contract accumulated...
I thing that sellers from this area will be defend this short position...
and when the price come back to this area, strong sellers will be push down the market again...
Downtrend + Strong volume area + Weekly VWAP are my mainly reason for this short trade....
Happy trading
Dale
BITCOIN : Volume Profile ๐ and Price Action Analysis ๐On Bitcoin is nice to see strong buying reaction from the price 24320 and 22835 , there is nice to see strong volume area....
Where is lot of contract accumulated...
I thing that buyers from this area will be defend this long position...
and when the price come back to this area, strong buyers will be push up the market again...
Strong volume area + Uptrend is my mainly reason for this long trade....
Happy trading
Dale
Q for the community. Is the ATR valuable based against volume?I have to say that one of the most confusing indicators for me is the ATR indicator. it has the tolerance to move up or down which will tell you that you are gaining volatility or losing volatility. when you are gaining volatility above a certain amount on an asset is when it's a good time to trade. but there's nothing that tells us exactly when is that certain amount. also the gain above that unspecified amount changes between different assets and pairs that you trade.
another thing that discerns me from using the ATR Is that it's movement is related to price movement. well unfortunately we know that in the markets price can be manipulated which manipulates momentum. but the one thing it cannot be manipulated is volume.
so in today's video I'm asking a question to the community which is what happens for you guys as a benefit when the ATR is based against volume and calculated against the movement of volume.
also in today's video I show you guys how I have figured out a way for the ATR to tell you that you are just broken above the average volatility or just broken below the average volatility.
just because you are above average volatility doesn't mean you are still in a good trading area. just because you've broken above average volatility doesn't mean you can enter into a trade immediately. you also and always need extra confluences so with that being said I added this break of the average to the upside or downside into the bull bear power void and I created a method for the oscillator to spit out a simple pair of colors which you can change on your own that tell you you have just entered above average or below average volatility and as such you can start looking for your move or your exit.
so my question to the community is how relevant is volatility against volume in your indicators and trading strategies. also I'd like this to have a better layout or way of signifying you that you have broken above or below average volatility.
leave your ideas in the comments below.
U
NZD/JPY: Day Trading Analysis With Volume Profile ๐ On NZD/JPY is nice to see strong buying reaction from the price 83.580 and 82.98 , there is nice to see strong volume area....
Where is lot of contract accumulated...
I thing that buyers from this area will be defend this long position...
and when the price come back to this area, strong buyers will be push up the market again...
Strong volume area + Uptrend is my mainly reason for this long trade....
Happy trading
Dale
AUD/NZD continue with the Downtrend ๐On AUD/NZD is nice to see strong sell-off from the price 1.1003 , there are nice to see strong volume area....
Where is lot of contract accumulated...
I thing that sellers from this area will be defend this short position...
and when the price come back to this area, strong sellers will be push down the market again...
Downtrend + Strong volume area are my mainly reason for this short trade....
Happy trading
Dale
Moving Average Method SPY OptionsSimple to use on the 15 minute to Daily chart. When the Emas cross with green on the top buy calls within $2 strike. When cross with red on the top buy puts within $2 strike. Bottom Mac'd Ema difference should also be same color as top Ema. Green/Green or Red/Red. Any light blue line Ema or Sma can be support or resistance so be prepared to sell. Buy time never buy contracts that expire that day. Greeks will burn you. Support and resistance are the green and red stripes across the chart(also sell or buy points. Ideally enter on the 5 minute chart then switch to the 15 minute or half hour chart to eliminate noise. Bars on far right are volume shelves, the ones that stick out furthest left are also support and resistance spots. Happy trading.
S&P 500 continue with the Uptrend โ๏ธOn S&P 500 is nice to see strong buying reaction from the price 3975 , there is nice to see strong volume area....
Where is lot of contract accumulated...
I thing that buyers from this area will be defend this long position...
and when the price come back to this area, strong buyers will be push up the market again...
Strong volume area + Uptrend is my mainly reason for this long trade....
Happy trading
Dale
AUD/JPY continue with the Uptrend โ๏ธOn AUD/JPY is nice to see strong buying reaction from the price 90.340 , there is nice to see strong volume area....
Where is lot of contract accumulated...
I thing that buyers from this area will be defend this long position...
and when the price come back to this area, strong buyers will be push up the market again...
Strong volume area + Uptrend is my mainly reason for this long trade....
Happy trading
Dale
Trade Ascending Parallel Channel With 3 Points + Pivot PointTrade Ascending Parallel Channel With 3 Points + Pivot Point Indicator
Connect your three points using the parallel channel. First, connect two points which are your higher lows. Next, connect the third point which is the swing high. The swing high is the higher high.
In this example, a pin bar formed at the higher low. Pin Bar wick touches pivot point level and channel support level. Volume Indicator is "green" and pin bar is "white." Conditions are great to enter the market at pin bar closing price.
CHF/JPY Day Trading Analysis ๐On CHF/JPY is nice to see strong sell-off from the price 147.320 and 148.060, there are nice to see strong volume area....
Where is lot of contract accumulated...
I thing that sellers from this area will be defend this short position...
and when the price come back to this area, strong sellers will be push down the market again...
Downtrend + Strong volume area is my mainly reason for this short trade....
Happy trading
Dale
CAD/JPY Volume Profile ๐ and Price action analysis ๐On CAD/JPY is nice to see strong sell-off from the price 100.260 and 100.680 , there are nice to see strong volume area....
Where is lot of contract accumulated...
I thing that sellers from this area will be defend this short position...
and when the price come back to this area, strong sellers will be push down the market again...
Downtrend + Strong volume area is my mainly reason for this short trade....
Happy trading
Dale
CHF/JPY Volume Profile ๐ and Price action analysis ๐On CHF/JPY is nice to see strong buying reaction from the price 146.240 , there is nice to see strong volume area....
Where is lot of contract accumulated...
I thing that buyers from this area will be defend this long position...
and when the price come back to this area, strong buyers will be push up the market again...
Strong volume area + Strong S/R zone from the past + Uptrend is my mainly reason for this long trade....
Happy trading
Dale
NZD/CAD: Day Trading Analysis With Volume Profile ๐ On NZD/CAD is nice to see strong buying reaction from the price 0.86260 , there is nice to see strong volume area....
Where is lot of contract accumulated...
I thing that buyers from this area will be defend this long position...
and when the price come back to this area, strong buyers will be push up the market again...
Strong volume area + Strong S/R zone from the past + Uptrend is my mainly reason for this long trade....
Happy trading
Dale
CAD/JPY Volume Profile ๐ and Price action analysis ๐On CAD/JPY is nice to see strong sell-off from the price 100.460 , there are nice to see strong volume area....
Where is lot of contract accumulated...
I thing that sellers from this area will be defend this short position...
and when the price come back to this area, strong sellers will be push down the market again...
Downtrend + Strong volume area is my mainly reason for this short trade....
Happy trading
Dale
S&P 500: Volume Profile ๐ and Price action analysis ๐On S&P 500 is nice to see strong sell-off from the price 4000.00 , there are nice to see strong volume area....
Where is lot of contract accumulated...
I thing that sellers from this area will be defend this short position...
and when the price come back to this area, strong sellers will be push down the market again...
Downtrend + Strong S/R zone from the past + Strong volume area is my mainly reason for this short trade....
Happy trading
Dale
AUD/CHF continue with the Uptrend โ๏ธ On AUD/CHF is nice to see strong buying reaction from the price 0.63260 , there is nice to see strong volume area....
Where is lot of contract accumulated...
I thing that buyers from this area will be defend this long position...
and when the price come back to this area, strong buyers will be push up the market again...
Strong volume area ( Daily + Weekly POC ) + Uptrend is my mainly reason for this long trade....
Happy trading
Dale
AUD/CHF continue with the Downtrend ๐On AUD/CHF is nice to see strong sell-off from the price 0.63950 , there are nice to see strong volume area....
Where is lot of contract accumulated...
I thing that sellers from this area will be defend this short position...
and when the price come back to this area, strong sellers will be push down the market again...
Downtrend + Strong volume area is my mainly reason for this short trade....
Happy trading
Dale
EUR/CHF Volume areas ๐On EUR/CHF is nice to see strong buying reaction from the price 0.98760 , there is nice to see strong volume area....
Where is lot of contract accumulated...
I thing that buyers from this area will be defend this long position...
and when the price come back to this area, strong buyers will be push up the market again...
Strong volume area + Uptrend is my mainly reason for this long trade....
Happy trading
Dale
NZD/JPY: Day Trading Analysis With Volume Profile ๐ On NZD/JPY is nice to see strong sell-off from the price 85.85 , there are nice to see strong volume area....
Where is lot of contract accumulated...
I thing that sellers from this area will be defend this short position...
and when the price come back to this area, strong sellers will be push down the market again...
Strong S/R zone from the past + Downtrend + Strong volume area is my mainly reason for this short trade....
Happy trading
Dale
NZD/CAD: Day Trading Analysis With Volume Profile ๐ On NZD/CAD is nice to see strong buying reaction from the price 0.78630 , there is nice to see strong volume area....
Where is lot of contract accumulated...
I thing that buyers from this area will be defend this long position...
and when the price come back to this area, strong buyers will be push up the market again...
Strong volume area + Uptrend is my mainly reason for this long trade....
Happy trading
Dale






















