Monday, August 22, 2011

Gap up inside bar

A gap chart pattern in forex chart is an empty space between a current trading period and the previous trading period. Gap usually occurs with an incident and fundamentally important material such as economic data or financial statements.

This occurs when there is a significant difference between the current opening price with the previous closing price, or it could be the previous high price.

read Gap up inside bar

other posts
- Candlestick Grouping
- Ichimoku Kinko Hyo Formula Computation
- Waddah Attar Explosion And Awesome Oscillator
- Fx5 Divergence
- Chaikin Money

CCI day trading strategy


Trend-Line Break
This method is also a part of the Woodies CCI method. It is also used on other indicators, such as the Momentum. Its basis is the breakout of trendlines that are seen on the chart of the CCI. Once trendline is identified, trader enters the trade after it is broken by price.

Read more
- Fgdi Indicator
- Fibocalc V31
- Fore Cycle Indentifier Indicator
- Forex Cycle Identifier Indicator
- Forex Fibocalc Indicator
- Forex Fractal
- Forex Free Fractal Download
- Forex Indicator
- Forex Indicator List
- Forex Indicator Mt4

CCI Indicator Formula


Calculation
The CCI is calculated in the following way:
1. Calculate a 14-bars Simple Moving Average of the Typical Price. The Typical Price is defined as (High+Low+Close)/3.
2. Calculate the Mean Deviation of Typical Price and SMA of TP for the 14-bars.
3. Apply the following formula:
CCI = (Typical Price - SMATP) / (0.015 * Mean Deviation)

Practically, the CCI gives a numerical representation of standard deviation of price from its Simple Moving Average. Smaller CCI values indicate that price is closer to its Moving Average, and bigger CCI values indicate that price is more distant than its Moving Average.http://www.blogger.com/img/blank.gif


related articles
- Elliot Wave Forex Kanal Ant Indicator
- Elliot Wave Indicator Mt4
- Ema Predictive 2
- Emapredictive
- Entropy Ea Forex
- Entropy Forex
- Ergodic Ticks Volume
- Eurusd Elliott Wave 2012 January
- Eurusd Wpr Indicator
- Ewtrend Mq4

CCI secret indicator


Donald Lambert developed The Commodity Channel Index (CCI), and CCI indicator is a traditional technical indicator. It is based on the average of the deviation between the Moving Average and the Typical Price (Average of high, low and close).

It is commonly used to identify periods where price is overhbought and oversold - where the price is far from the Moving Average. It is also use to gauge trend direction by looking if it is positive or negative.

read more
- Dmi Adx Elliott Wave
- Doji Cross
- Donchian Trend System
- Double Cci Indicator Mt4
- Double Cci Woodies
- Double Top Bottom Indicator System
- Download Adx Wilder Mq4
- Download Free 3 Level Indicator
- Dpo Indicator
- Dynamic Doji

Sunday, August 21, 2011

MACD oscillator bullish divergence


In the example above, the yellow area shows the MACD in negative territory as the 12-day EMA trades under 26-day EMA. The initial cross came at the end of September (black arrow) and MACD moved further into negative territory as the 12-day EMA EMA diverged beyond 26 days. The orange area highlights the period of positive MACD, which is when the 12-day EMA is above 26 day EMA. Note that the MACD remained below 1 during this period (red dotted line). This means that the distance between 12-day EMA and 26 day EMA is less than 1 point, which is not much difference.


read more
- Cycle Identifier
- Cycle Identifier Indicator Mt4
- Daily Fibo Indicator
- Damiani Indicator
- Dax Metatrader
- Day Impulse Indicator
- Demark Line Ea
- Diamond Bottom Pattern
- Digital Forex
- Divergence Mt4

Doji with bollinger band

When long-legged doji occurs outside the band Bollinger, my experience says you should be extremely careful about the possibility of reversal. And then sell signal given as stochastics indicator is usually very reliable warning that adjustments will occur.

A "gravestone doji", as the name suggests, is probably the most frightening of all candle. On that day, prices rallied, but could not stand the "height", they achieved. By the end of the day when the doors closed on the same level. Here is an example of a gravestone doji:


read more Doji with bollinger band

other posts
- Channel Breakout Systems Taught By Richard Donchian.
- Raff Channel In Charts
- Wilders Parabolic Sar Formula For Excel Sheet
- Adam Eve Charting Finance
- Candlestick Support Price Wick

Doji types

After a long uptrend, the appearance of the doji can be a frightening warning sign that this trend has peaked or is close to peaking. A doji is a balance between supply and demand, tug of war that neither the bulls nor the bears win. In the case of the uptrend, the bulls have by definition won previous battles of prices moving higher. Now, the results of the latest calculation is questionable. Meanwhile, after a long downtrend, the opposite is true. Bears are victorious in previous battles, forcing prices down. Now the bulls find the courage to buy and the tide may be ready to turn.


read more Doji types

other posts
- Vkw Bands V2
- Mtf Stochastic Alert
- Cost Reverse Triangle
- Ergodic Ticks Volume Indicator Indicator.
- Cci Strategie
 

about forex n finance guide 4 beginner Copyright © 2012 -- Powered by Blogger