Actually, each trader was dreaming of the most precise entries and exits. The Stochastic RSI is, of course, an indispensable helper for such a combination of momentum with the overselling and overbuying signals to perfect traders’ strategy, while the settings and trading strategy will be discussed below, alongside how given indicators differ from a regular … Read more
It is difficult to define the best points of trading entry and exit, and that’s why some indicators, such as the Williams Fractals, make this job easier. It is also named to show the points of reversal and to create strategical levels on the chart. It is going to be one of the main reasons … Read more
From technical analysis viewpoints, among indicators, moving averages are highly watched, as they smooth out data so that trends can be ascertained. But with such variance in types of moving averages—Simple Moving Average (SMA), Exponential Moving Average (EMA), and Hull Moving Average—which one is best for you? This guide covers everything there is to … Read more
Trading is a difficult craft, and most beginners try to master strategies without exposing themselves to real money. Many traders develop false confidence by reviewing historical data and fantasizing about successful trades they “would have” taken. But when it comes to real-time execution, emotions and unforeseen factors make consistent success an elusive goal. This … Read more
One thing about trading with the trend is being able to define whether it is trending upwards, downwards, or simply not at all. That is great for defining it, but hardly any traders actually know the difference between a trend and a range, which ushers in some really undependable trades and losses. Platform The … Read more
Today, we’re going to show you a special version of the RSI that’ll kick your trading strategy in another dimension. We shall explore what makes this a unique indicator, how it was working, and how its setting on TradingView is developed. What is so special about this RSI? The first thing you’re going to notice … Read more
A traditional candlestick chart is noisy and volatile in many instances and doesn’t reveal clear trends or reversals easily. With these alternatives in chart types, like Renko, Heikin Ashi, and Line Break, traders can avoid this noise and gain a clearer picture of the markets’ movements. 1. Heikin Ashi Candles Overview Heikin Ashi candles smooth … Read more
Enter the new Ultimate Bands Indicator, which replaces and upgrades many of the most commonly used trading indicators, including Bollinger Bands and Keltner Channels. As if that were not enough, it is also capable of serving as an advanced moving average, outperforming the traditional EMA and SMA in responsiveness and effectiveness. Well, the discussion … Read more
In this guide, you’ll learn how to create your own custom trading indicators with zero programming or math experience. By the end of this tutorial, you’ll be equipped with simple steps to build three custom indicators using basic concepts and a powerful tool: TradingView’s Pine Script. Getting Started with Pine Script Pine Script is … Read more
Charts are not all uniform in their display with regard to time; sometimes there are uptrends or even downtrends, while also times when the market is sided, almost motionless or close to it. To each, traders must know whether and how to adapt to the shifts. It would be much easier to trade if … Read more