Wilder’s DMI, a set of 3 directional indicators, is an effective technical analysis tool that identifies trends, then, determines their impact on price action. While the concept behind it is rather straightforward, using it as advised privileges you to eliminate critical errors.
Read More »Moving Average Convergence – Divergence (MACD)
Moving Average Convergence / Divergence (MACD) measures the correlation between two moving average curves. It is the difference between the arithmetic exponential mean of 12 and 26 periods.
Read More »Relative Strength Index (RSI)
As it sounds, the Relative Strength Index (RSI) casts the ratio of the instrument’s strength compared to other periods, which is usually a value between $ 30 and 70. It …
Read More »Momentum (Momentum)
Momentum is one of the main indicators used in FXLORDS’ Managed Forex Accounts. The Momentum indicator measures the amount of change of the price during a certain period of time. There …
Read More »Fibonacci Retracement
Fibonacci Retracements are used heavily in FXLORDS’ Forex Trading Signals and Managed Forex Accounts. They are one of the most known Technical indicators, and it is usually used in Forex …
Read More »Stochastic Oscillator
In technical analysis of securities trading, the Stochastic Oscillator is a momentum indicator that uses support and resistance levels. The term stochastic refers to the location of a current price …
Read More »Renko Charts
Renko charts origins can be traced back to Japan, as everything else that works. They and were first introduced to the West by Steve Nison in his book “Beyond Candlesticks”. …
Read More »Pivot Points – Support and Resistance Lines (PP)
The Pivot Points indicator refers to the average price and the possible support and resistance levels within a certain period of time. We get the current values of the indicator …
Read More »Bollinger Bands ® (BB)
Bollinger Bands are somehow similar to envelopes. The only difference is that the boundaries of the envelopes remain on a fixed percentage of the moving average, whereas the Bollinger Bands …
Read More »The Average True Range (ATR)
The Average true range (ATR) is a technical analysis volatility indicator originally developed to simply measure the degree of price volatility. The indicator does not provide an indication of price …
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