ADX Trading Strategy – Profit with a Single Indicator

Recently I read a book ADXcellence: Power Trend Strategies that focusses only on a single indicator. This is one of the best books of ADX trading strategy. Let me discuss the strategies explained in this book. Who wrote the book on ADX trading strategy? Dr. Charles B. Schaap wrote this book. When he stopped being … Continue reading “ADX Trading Strategy – Profit with a Single Indicator”

What is Moving Average Golden Cross and Death Cross?

A trend signal is formed when a short-term moving average crosses a long-term moving average above or below in a chart pattern. We know this as the moving average golden cross and death cross. So the uptrend or bullish pattern formed through a short-term moving average (such as the 50-day moving average) breaking above its … Continue reading “What is Moving Average Golden Cross and Death Cross?”

Central Pivot Range Indicator in Zerodha

We all know that Pivot points are one of the most basic and powerful indicators, we use in the Technical analysis. However, it is composed of a pivot line that is surrounded by a series of support and resistance levels. It helps in speculating the price movements. There are different parts of pivot points that … Continue reading “Central Pivot Range Indicator in Zerodha”

Volume Profile Indicator Strategy, Tradingview, Formula

Volume Profile indicator is an advanced charting study that displays trading activity over a specified time period at specified price levels. The study which is accounting for traders defined parameters such as a number of rows. This indicator has also a histogram on the chart, it reveals dominant and significant price levels based on volume. Basically, the … Continue reading “Volume Profile Indicator Strategy, Tradingview, Formula”

Arnaud Legoux Moving Average Indicator, Settings

The Arnaud Legoux Moving Average (ALMA) indicator is a superior moving average as compared to the Exponential Moving and Simple Moving Averages. The article is about Arnaud Legoux Moving Average (ALMA) indicator. So, let’s explore the topic. What is Arnaud Legoux Moving Average Indicator? As I have mentioned ALMA is a recent addition to the … Continue reading “Arnaud Legoux Moving Average Indicator, Settings”

Advance Decline Indicator (Calculation, Usage, Settings)

The Advance/Decline (A/D) line is a market breadth indicator that mainly shows the degree of participation of individual stocks in a market rise or fall. Mainly, it plots the difference between the number of advancing as well as declining stocks on a daily basis. So, first, let’s see the definition of the indicator, then I … Continue reading “Advance Decline Indicator (Calculation, Usage, Settings)”

Williams Percent R Indicator Trading Strategy, Formula

Williams percent R indicator is a momentum indicator that is the inverse of the Fast Stochastic Oscillator. It is an indicator that moves between 0 and -100. What is William Percent R Indicator? Williams percent R indicator was developed by Larry Williams. This indicator is providing insight into the weakness or strength of a stock. Williams … Continue reading “Williams Percent R Indicator Trading Strategy, Formula”

Vortex Indicator (Formula, Usage and Strategy)

Etienne Botes and Douglas Siepman developed the indicator. The vortex indicator consists of two oscillating lines. In these oscillators, one to identify positive trend movement and the other to identify negative price movement. The indicator is a volatility-adjusted trending indicator. So, the Indicator is a unique directional indicator that gives clear signals. It defines the overall … Continue reading “Vortex Indicator (Formula, Usage and Strategy)”

ZigZag Indicator Usage, Calculations Details

The zigzag indicator is a very diverse indicator. It allows for a huge versatility in both trading and analysis. This indicator can be used to filter out relatively small price movements. The indicator is what is known as a filtering or smoothing indicator. Here, you will get to know about the indicator usage, settings, detail. The ZigZag … Continue reading “ZigZag Indicator Usage, Calculations Details”

Volume Oscillator Indicator Basic Strategy, Settings

The Volume Oscillator indicator is a Volume Based Technical indicator. This indicator works on the technical premise that it is not the actual level of volume, but the change in volume relative to the recent past that has more technical significance. Volume Oscillator FAQ What are the Main Features of the Volume Oscillator? Just remember … Continue reading “Volume Oscillator Indicator Basic Strategy, Settings”

Weighted Close Indicator Strategy with Examples

The Weighted Close indicator is the average of High, Low and doubled Closing price. As the same as in style to Typical Price, Weighted Close is the technical indicator that measures the mean change in a security’s price. Weighted Closed indicator’s main purpose is to filter the Moving Average System. Weighted Close Indicator FAQ How … Continue reading “Weighted Close Indicator Strategy with Examples”