The VWAP indicator is a technical analysis tool that calculates the average price of a stock or index by considering both price and trading volume. The calculation of the VWAP involves multiplying...
Category: Technical analysis
Renko charts, or brick or box charts, represent an asset’s price action. Although they can be beneficial for technical analysis, it is essential to be aware of the disadvantages of Renko charts so...
Renko charts are a type of technical analysis charting tool traders use to chart price movements in different markets. This charting tool differs from the traditional candlestick charts in that it...
There seems to be an old phrase that suggests that time is all in humor. There are also short-term traders who, almost as valid for investing, will say the same remains. Though still significant, the...
There are so many candlestick patterns, and it is easy for any trader to get confused. However, the Doji candlestick is known for its unique ‘cross’ shape, which is difficult to miss. This shape...
The money Flow Index (MFI) is an oscillator used to measure the strength of money flowing in and out of a security or a market. It is often compared to other oscillators, such as the relative...
