Month: October 2017

Heiken Ashi Forex Indicator Heiken Ashi Forex Indicator. Most profits (and losses) are generated when markets are trending–so predicting trends correctly can be extremely helpful. Many traders use candlestick charts to help them locate such trends amid often erratic market volatility. The Heikin-Ashi technique–“average bar” in Japanese–is one of many techniques used in conjunction with candlestick charts to improve the … Read more

Commodity Channel Index CCI Forex Indicator Commodity Channel Index CCI Forex Indicator measures the deviation of the commodity price from its average statistical price. High values of the index point out that the price is unusually high being compared with the average one, and low values show that the price is too low. In spite … Read more

Bears Power Forex Indicator Bears Power Forex Indicator Elder-Rays Technical Indicator combine the properties of trend following indicators and oscillators. They use Exponential Moving Average indicator (EMA, the best period is 13) as a tracing indicator. The oscillators reflect the power of bulls and bears.To plot the Elder-Rays three charts should be used: on one side, … Read more

Bollinger Bands BB Forex Indicator Bollinger Bands BB Forex Indicator is similar to Envelopes. The only difference is that the bands of Envelopes are plotted a fixed distance (%) away from the moving average, while the Bollinger Bands are plotted a certain number of standard deviations away from it. Standard deviation is a measure of … Read more

Awesome Oscillator AO Forex Indicator Awesome Oscillator AO Forex Indicator is a 34-period simple Moving Average, plotted through the middle points of the bars (H+L)/2, which is subtracted from the 5-period simple moving average, built across the central points of the bars (H+L)/2. It shows us quite clearly what’s happening to the market driving force … Read more

Average True Range ATR Forex Indicator Average True Range ATR Forex Indicator (ATR) is an indicator that shows volatility of the market. It was introduced by Welles Wilder in his book “New concepts in technical trading systems”. This indicator has been used as a component of numerous other indicators and trading systems ever since. Average … Read more

Alligator Forex Indicator Alligator Forex Indicator In principle, Alligator Technical Indicator is a combination of Balance Lines (Moving Averages) that use fractal geometry and nonlinear dynamics. The blue line (Alligator’s Jaw) is the Balance Line for the timeframe that was used to build the chart (13-period Smoothed Moving Average, moved into the future by 8 … Read more

Accumulation Distribution Forex Indicator Accumulation Distribution Forex Indicator Accumulation/Distribution Technical Indicator is determined by the changes in price and volume. The volume acts as a weighting coefficient at the change of price — the higher the coefficient (the volume) is, the greater the contribution of the price change (for this period of time) will be in … Read more

Accelerator Oscillator Forex Indicator Accelerator Oscillator Forex Indicator Acceleration/Deceleration Indicator (AC) measures acceleration and deceleration of the current driving force. This indicator will change direction before any changes in the driving force, which, it its turn, will change its direction before the price. If you realize that Acceleration/Deceleration is a signal of an earlier warning, … Read more

Three Colors Forex Indicator Moving Average indicator filling by different colors Three Colors Forex Indicator Sell Signal Three Colors Forex Indicator Buy Signal What does Forex Indicator mean? A forex indicator is a statistical tool that currency traders use to make judgements about the direction of a currency pair’s price action. Forex indicators come in many types, … Read more