Developed by Welles Wilder, the Direction Movement System is a technical indicator that is rather complex to understand. You can read more about it in the author’s book. Despite being a difficult...
Category: Technical analysis
In technical analysis, oscillators play an important role. They act as momentum indicators. There is an upper band and a lower band. The oscillators fluctuate between these two bands and let the...
Traders and investors benefit immensely from indicators. Each indicator has its USPs that make it unique. The AD indicators (Accumulations/Distribution indicators) are focused on the volume and the...
Chart patterns are a compact way of getting information related to price movement. They can be found within price charts. They assist traders in technical analysis. These are generally color-coded...
Flag Pattern Trading – Bearish and Bullish Flag Chart Pattern
A technical analysis trader uses many patterns to predict the market trends and decide the entry and exit time. It helps them to get more odds of winning trades. There are various trading patterns,...
Typically candlesticks can have various colors in charts. Usually, a bullish candle has green color and bearish red color. Each trading platform has a different way of how presents...