Technical analysis has plenty of indicators showing trending conditions or acting as oscillators. The TRIX indicator MT4 together with the TEMA indicator come to complete the list. Moreover, a TRIX Forex indicator acts like an oscillator, while the TEMA indicator shows trending conditions. When used together, TEMA and the TRIX indicator form one of the most […]
Every trader around the world heard of the Relative Strength Index, also known as the rsi technical indicator. No matter if trend followers or reversal’s hunters, traders use the Forex rsi oscillator for market entry/exit. Technological advances forced both brokers and retail traders to “step up” to the game. Back in time, technical analysis was […]
This time I will be showing you how to use the MACD indicator. The trade shows a bullish divergence between the price action and the Forex MACD which was the reason for the long trade I took with the USD/CAD. Signals for the Forex MACD Trade The MACD indicator lines were showing increasing bottoms while the […]
Any trading platform offers multiple indicators for analyzing a market. Either trend ones or oscillators, they help traders finding places to buy or sell. The Forex Stochastic oscillator is an accurate indicator for both scalping and swing trading. Moreover, the stochastic oscillator formula is simple and easy to use. Trading is a game of probabilities. […]
In this live Forex trading example I use the Relative Strength Index a.k.a. RSI indicator to discover a trading signal. The video shows how to trade a bearish divergence RSI signal in a combination with price action. Signals of the Bearish Divergence RSI Trade The general price action is increasing, while the RSI indicator line […]
