A stochastic oscillator is a momentum indicator.
✔ Recognise the trend:
👉 In a trendy market only open position in the direction of trend.
👉In a range market you can use both buy and sell signals.
✔ Upper band and lower band indicating different things in different market conditions:
👉In a trendy market upper and lower bands show the momentum...
RSI = Relative Strength Index
Is fluctuates between 0 and 100
• A momentum Oscillator
• Increasing RSI when: Average gains are greater than average losses = Bullish
• Decreasing RSI when: Average gains are less than average losses = Bearish
How to use:
1. Trend recognition: trading in the direction of the trend
1.1 Above 50: Uptrend
1.2 Below 50:...
This is a perfect indicator to determine the trend direction!
✅ Uptrend strategy:
When RWI high (purple in this video) is above the RWI low then the trend is up.
Combine this indicator with the Fisher Transform indicator, then open long positions as per the Fisher Transform when the trend is up.
✅ Downtrend strategy:
The QStick can generate trade signals based on signal-line ( I prefer 50% of the first swing after trend reversal) or zero-line crossovers.
A descending QStick signals the price is closing lower than it opened, on average.
An increasing in QStick indicator signals the price is closing higher than it opened, on average.
1- Trend analysis:
Higher prime numbers mean we are in an uptrend. When the bands are moving upward direction, the market has a Bullish Direction.
Lower and lower prime numbers mean we are in a downtrend. (If the bands are moving Downward direction)
Narrower bands mean stock price is less volatile.
Wider bands indicate share price is volatile.
In an uptrend look for the indicator reversal points below zero to go long.
In a downtrend look for the indicator reversal points above zero to go long.
A rising ROC typically shows uptrend and crossing above zero line confirms the uptrend.
A falling ROC typically shows downtrend and crossing below zero line confirms the downtrend.
The Price Oscillator uses two moving averages.
✔ One shorter-period, and one longer-period.
✔ When 2 MAs cross each other the PO reads 0.
The Price Oscillator technical indicator can show overbought and oversold areas.
Only go long in an uptrend.
Only go short in a downtrend
Uptrend strategy: Look for an oversold situation to open a buy position....
In a Downtrend:
1. At the end of the overbought area
2. Add when crossing below 0 line
3. Add at the start of Oversold
In an Uptrend:
1. At the end of the oversold area
2. Add when crossing above 0 line
3. Add at the start of overbought
Your Capital is at Risk. This is only an educational video.
A pivot point is a technical indicator to identify trends and reversals in any market.
Pivot points are calculated to determine critical levels in which the price could find its support and continues in the same direction or change from bullish to bearish, and vice-versa.
We can use Pivot points to find
and profit-taking by trying to determine...
This is a very interesting and useful indicator.
You can use it for the following purposes:
------We are in an uptrend when dots are below the candles.
------Downtrend is when dots are above the price.
------ Buy signals ( Only in an uptrend market ). The first dot below the candle
------ Sell Signals ( Only in a downtrend market ). The first...
Moving average envelopes are created by plotting 2 lines at a percentage or points away from either side of the MA.
MAEs are good to figure out the best resistance and support levels.
We can add/close/open new positions when touching the support/resistance levels as well as when price crosses the middle line.
You probably remember the bell curve back from school which shows the normal distribution of statistical data.
Set the MA Deviation to percentage.
Draw a line at 2 per cent.
Anytime the indicator goes above 2 we can say we are in a volatile market.
MFI is a momentum indicator.
It measures the flow of money.
Money Flow Indicator incorporates volume. (Remember that RSI only consider the price)
You can change the preset values.
Oversold levels normally set to 20. ( Less than 20, there will be fewer signals and more than 20 you will get more false signals )
Overbought levels happen above 80. ( More than 80,...
The Lowest Low-Value indicator plots the lowest low price over a specific period.
Previously on my another video called "Highest High Value Indicator (HHV)" I explained how we can combine HHV with MA. (Link is provided below)
On this video, I am explaining how to use both LLV and HHV indicators combined with ATR to confirm trading signals.
HHV and LLV are very...