Average True Range Indicator Explained The average true range (ATR) is a technical analysis indicator that measures market volatility and helps determine trend strength. Also referred to as the ‘atr indicator’ or ‘atr average true range,’ it calculates the average range between high and low prices over a specified timeframe. The average true range indicator, Read More…
Andrews Pitchfork Andrews Pitchfork is a technical analysis indicator developed by Dr. Alan Andrews in the 1960s. It has become a widely used tool among traders and technical analysts. The indicator consists of three parallel trendlines drawn on a price chart. The middle trendline connects two extreme points, usually a peak and a trough. The Read More…
What Is Trend Trading? Trend trading is one of the most popular strategies in financial markets, appealing to both novice and seasoned traders alike. At its core, it simply involves identifying and following the direction of market movements, which is why it is important to understand how to read trends correctly and if there is Read More…
Introduction to Scalp Trading and Day Trading Scalp trading and day trading are two prominent trading strategies with very distinct approaches. Scalp trading involves making many trades in a single day to capture small price movements. It requires close market monitoring and high precision. Day trading refers to buying and selling financial instruments within the Read More…
Introduction Traders are always looking for that edge to beat the market – some hidden gem that can help them make easy and predictable profits. Well, you’re in luck because the moving average indicator might just be that secret weapon you’ve been searching for. These powerful yet often overlooked indicators can help you determine market Read More…
Technical analysis patterns, including the double top and double bottom, provide savvy traders with a window into the psychology behind price movements. Skillfully leveraging these patterns could reap significant rewards. This guide will explore how to identify and utilize double tops and bottoms to improve your knowledge on chart patterns. The basics of the double Read More…
