Learn How To Trade The Markets
This article will cover the topic of colouring the background of charts in tradingview, colouring candlesticks and plotting different types of shapes on the chart. Colouring is important to highlight important points or levels on the chart. Coloring background Coloring…
Gann square trading has always been the best method to do technical analysis in the forex market. A lot has been changed in the past two decades, but the Gann tool is still being used by a lot of traders…
Parabolic SAR is an indicator that is used to identify the end of the recent trends in forex technical analysis. Sar is an abbreviation of Stop And Reverse. It also shows the direction of the current trend in forex. In…
Wedge chart pattern in forex refers to a reversal chart pattern that consists of two trend lines and indicates a decrease in momentum of price trend with the time. Price structure resembles a rising or falling wedge pattern. Like first…
Volatility 75 index refers to a synthetic index that is a simulation-based index and has 75% of real market volatility. This simulation is run by randomly generated numbers by a computer program. It is similar to the real market.The range…
Volatility index refers to an index that indicates volatility of stocks (S&P 500). The range of VIX or Volatility index is from 0 to 100. VIX value directly relates to the market conditions. CBOE (Chicago Board Options Exchange) developed VIX…
Marubozu candle refers to a single candlestick that has no wick or shadow in forex technical analysis. Marubozu candlestick does not have any high or low value but only open and close value. It is a single candlestick pattern, and…
Fibonacci tool in forex is a technical analysis tool that is used to detect strong price levels and it is made by use of Fibonacci sequence. Fibonacci sequence is a natural pattern. As golden ratio in Fibonacci numbers is also…