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
One of the most seasoned professional traders employs an underutilized tool, anchored VWAP, to achieve precise entries and exits. This indicator offers a systematic approach to identifying trends, managing trades, and maximizing gains. If you’re ready to elevate your trading game, keep reading to learn how this tool can transform your strategy. What Is … Read more
Forget the flashy, overhyped tips you hear about these days online. Instead, here, we will explore brutally honest strategies as shared by an expert trader from one of New York City’s leading proprietary trading firms. By focusing on real-world insights, we will cover the three most critical steps to grow your trading account. If you … Read more
Investment capital usually needed for huge investments in large-cap growth stock players, like Netflix. The plays are also relatively riskier. They are touted to provide huge returns, but the ride can be very bumpy. For most traders, the earmarking of a significant amount in such volatile stocks is daunting and financially unfeasible. Fortunately, there … Read more
Swing trading offers the potential for high profits by capturing short- to medium-term price movements. However, executing successful trades requires a solid strategy, discipline, and understanding of market dynamics. In this article, we will explore powerful swing trading setups that can lead to profitable trades, as outlined by a proprietary trading firm. By focusing on … Read more
The ever-volatile world of trading often finds the perfect entry and exit points that make or break the consistency in profitability. Many traders fight to execute timely swing trades, where getting out just a little too early or staying in too long often leads to losses. All these point to the necessity of refined entry … Read more
Options trading is an extremely tempting type of trading for those with a need for flexibility and profit potential. For many novice traders, however, one mistake can set their entire journey astray before it even has a chance to start. In options trading, one such mistake can lead to extreme financial loss, destroys confidence, … Read more