One of the most critical abilities a trader can have is the ability to recognize support and resistance levels. This ability allows you to see how the price reacts when it approaches a support or resistance level. As a result,…
A moving average indicator is a key indicator that illustrates the direction of price movement. The mathematical price average of a certain time as indicated by candlestick quantity is used while processing moving averages. To determine the value of a…
Learn How to use Three Inside Up and Down Pattern Strategy. On the price chart, a trader can recognize a variety of candlestick patterns. They can then be utilized to determine the best time to initiate a trading position. But…
What if you had 1 indicator you could use and rely on to trade all indices? well, introducing Deriv Ripper. Deriv Ripper is a new indicator that will assist you in deciding whether to go long or short. It has…
This indicator can help you draw support and resistance lines. This one displays trend extremes (max and min), which can be used as support and resistance points for determining current trend channels. It’s a simple indicator that finds the highest…
Learn how you can use the Boom and Crash PIP Scalper Indicator. You can download it from here. What is the Boom and Crash PIP Scalper Indicator? This indicator offers signals for buying and selling for Boom and Crash as…
If you use the full margin available to you in trading, you can literally double your account overnight or lose it all in a couple of hours. Traders with a lot of experience restrict their leverage and never take such…
Ralph Elliott was a theorist and a professional accountant. In the 1930s, he identified the fundamental social concepts and developed analytical methods. He suggested that market prices follow precise patterns, which are now known as Elliott waves, or simply waves.…
One of the indicators you can use to know the trend is the parabolic SAR. “Stop and reverse” is the literal definition of SAR. The indicator tracks the price and displays the point at which the trend changes direction. It…
Traders employ a variety of tools in order to conduct a detailed market analysis. A trend line is one of these tools. The incline on a sequential sequence of candlesticks is indicated by the line drawn on the chart. The…
