There is no one technical indicator that applies equally well to trending and non-trending markets. For this reason, it is difficult to answer the inevitable question from clients: what is your best indicator? The way I handle the question is by providing a template that includes three technical indicators: the stochastic oscillator, MACD indicator, and [...]
Fibonacci Retracement is a leading indicator that is used to predict future price movement of a currency pair. This indicator can be used in different trading markets such as stocks, ETFs, futures and forex. Well what is Fibonacci and how does it work? Fibonacci Retracement was discovered by Leonardo Fibonacci in the 12th century. Leonardo [...]
Technical Analysis Systems If you take few indicators and combine them so one confirms signals given by other you can say you have an indicators system. How much it is worth? This depends on wide statistical studies done on it which are including testing on historical data (back testing), random data tests, demo market testing [...]
