Category: Indicators

Super math scalper software is the latest in the forex product, by Karl Dittman, that uses exceptional smart mathematical formulas. Super math scalper displays the buy or sells signals directly on the trading chart of the traders. When the time to enter into a new trade or exit a previous trade is right it will display a green or pink signal line, which changes accordingly. The signals are displayed automatically, where each signal will appear immediately before the decrease or increase of the price. Buy signal appears just before the price increases whereas, when the price decreases the sell signal will

As a forex trader, the most common phrase is, "The trend is your friend!" Does it mean that the only tradable strategy is trend following? Absolutely not! If mastered, breaking out trading is another excellent trading strategy that can make you part of the coveted group that makes profits consistently from the forex markets. What is a breakout? The forex market has significant price points that traders always take into consideration. They are psychological price points more than anything else. The four psychological levels traded by traders are; Resistance Level Support Level Fibonacci Retracement Levels Pivot Points Resistance Level The forex market is driven

What is divergence? In simple terms, divergence is separation. Most of the trading indicators that fall under the oscillator category are divergence indicators. They are the go-to indicators for traders in trend confirmation. The truth is that they can be used for so much more: Gauging the momentum in a trend. Identifying potential trend reversal points for reversal trading. Filter for the perfect trade entry. To identify divergence on a trading chart, the divergence indicator's momentum compared to the market price action wanes, followed by the indicator and the market prices moving in opposite directions. On the same note, there is

The trend is your friend! If this is the first time interacting with the forex and derivatives market, you have already met the industry's golden goose in that one statement. What is a trend? In the social media age, the most likely answer to this question is the subject of many posts within a brief time. The same is not too farfetched when it comes to the forex and derivatives industry: a trend refers to the overall market direction of an asset's prices. Unlike the social media trend, the financial markets' trend may be short, medium, or long term. If everyone

Momentum indicators are those tools that traders and investors use to analyze the speed at which the prices of securities change in the trading market. Momentum indicators are also called oscillators, and their depiction is via either line graphs or histograms. The oscillation of these trading indicators gives insight into the behaviour of market prices and the prevailing trend. Momentum indicators are best used with other forex indicators as they don't identify the direction of movement, only the timeframe in which the price change is occurring. A typical momentum indicator compares the most recent closing bar against its previous counterparts to