To limit your risk on a trade, you need an exit plan! When a trade goes against you, a stop-loss order plays a crucial…
Latest posts - Page 6
Choppiness Index Indicator
Close your eyes…no wait…read the sentence first – close your eyes and imagine that you know exactly ‘on the very first tick’ that the…
PROC
As the gives away the entire purpose of the indicator, the Price Rate of Change (PROC) measures the percentage change in price between the…
TRIX
TRIX Momentum Oscillator displays the percent rate of change of a Triple Exponentially Smoothed Moving Average – we just can’t seem to get rid…
Aroon Indicator
As a trader, you need to capitalize on one very important factor. Any guesses? You need to trade at a price that is either…
Stochastic Indicator
Have you ever looked at a chart and noticed the Stochastic indicator is overbought. So, you immediately go short because you think the market…
Commodity Channel Index (CCI)
CCI = (Typical Price – Simple Moving Average) / (0.015 x Mean Deviation) Nope! Didn’t mean to start jump start with the formula. Instead,…
Average Directional Index (ADX)
Trade the Strength with the ADX! The Average Directional Index helps you trade in the direction of the trend. Good entry and exit signals…
Relative Strength Index (RSI)
Buy Low. And Sell High. Most traders live by this age-old dogma. And the most critical component for them is to know when a…
Moving Average Convergence Divergence (MACD)
The Moving Average Convergence Divergence aka The Good Old MacD – I’m lovin’ it! This is a really popular trend-following momentum indicator. You must…