Trend indicators help traders measure the direction of the trend. They are important tools to differentiate up/down trending markets from ranging markets.
The Pivot Point indicator automatically draws potential resistance/support levels. It make use of the high, low, and close of the previous period to estimate future support/resistance levels. Pivot points are … Read more
Moving Average Crossover signals a trend reversal. The most popular one is between the 50-MA & 200-MA. The bullish cross is the golden cross and the bearish cross is the … Read more
The Ichimoku Cloud is composed of five lines. The include a: nine-period average, 26-period average, average of those two averages, 52-period average, and a lagging closing price line. The Cloud … Read more
The Balance of Power indicator measures the strength of buyers in the market against sellers. It does so by assessing how able each side are to drive prices to an … Read more
The Average Directional Index is built on top of the Directional Movement Index. When ADX > 25, the trend is considered to be strong. When ADX < 20, the trend … Read more
The Directional Movement Index (DMI) is composed of 2+1 lines The -DI line shows the selling pressure (-DI), The +DI line shows the buying pressure And the DX line shows … Read more
The Parabolic SAR indicator helps traders spot trend direction and potential reversals. It appears on charts as a series of dots/cross above (when price is going down) or below (when … Read more
The Zig Zag indicator helps traders reduce market noise. It highlights underlying trends with its higher highs or lower lows. The indicator works best in strongly trending markets. What is … Read more
If you have an interest in financial trading, you must have knowledge of two concepts, moving averages and volume. Moving averages is one of the most common and widely used … Read more
There are various technical indicators that have made the analysis of the financial markets remarkably easy. Some of them work with the objective of finding momentum. Others aim to find … Read more
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