The Megaphone chart pattern was first described in Richard Schabacker's 1932 book: “Technical Analysis and Stock Market Profits." What is a megaphone chart pattern? A megaphone chart pattern (a...
Category: Technical analysis
The SSL channel chart alert indicator is a set of moving averages. The complete form of SSL is Semaphore Signal Level, which gives visuals to the buy and sell trends for trading signals. When the...
Many technical analysis tools are available for Forex traders using the MT4 platform. One such valuable tool is the Pivot Point Indicator. As the name suggests, this indicator helps traders plot the...
How to Download and Install Position Size Calculator for MT4 Funded Account?
When trading for proprietary trading companies, adherence to strict risk management rules is paramount to protect both the trader's and the company's capital. These firms often set specific...
A Doji candlestick can indicate markets' inability to make decisions and the possible changes in a particular direction. Doji candlesticks are famous and extensively accepted by traders because they...
MACD vs. RSI – Which Indicator Gives Better Trading Results?
Knowledge and skills are a must for successful trading. Traders gain experience by trading in different situations in the market. However, the skills cannot guarantee success. Traders need the...
