Category Archives: Technical Analysis – Indicator Trading
Overview
Written on December 9, 2021 at 6:01 am, by alphatickcom
We have previously discussed Price Action or Naked trading – not for you? In this chapter we are going to discuss the alternative, trading while wearing your pants… Just kidding! Of course we’re talking about using indicators. Indicators analyse price action for you and give clear entry and exit signals. We will cover some ofContinue Reading
Moving Averages – Basics
Written on December 9, 2021 at 6:01 am, by alphatickcom
Moving Averages are by far the most widely used and easy to understand forex indicator. They display right on top of your chart and mechanics are very easy to understand – a moving average or MA – is quite simply the average price over a given period. This is one of the more common MovingContinue Reading
Moving Averages – Crossovers
Written on December 9, 2021 at 6:01 am, by alphatickcom
In the last section we introduced Moving Averages or Mas. We used a single MA in isolation and let it guide us into possible buying and selling opportunities. We used the 100SMA (100 Period Simple Moving Average) on a 4 hour GBP/USD chart – this is a relatively ‘slow’ MA. In this section, we willContinue Reading
RSI – Basics
Written on December 9, 2021 at 6:01 am, by alphatickcom
In the last section we looked at Moving Average crosses and using Moving Averages to determine the trend. In this section we will move on to a new type of indicator – the Oscillator. Unlike the MA, Oscillators tend to appear below your MT4 chart in a separate window. We’re going to take a lookContinue Reading
RSI – Trading Divergence
Written on December 9, 2021 at 6:01 am, by alphatickcom
In the previous forex education section, we introduced the Relative Strength Index (RSI) and buying and selling when the indicator crosses back from oversold and overbought. In this section we will move past the basics and introduce a more advanced concept: Divergence. Divergence occurs when a forex currency pair makes a new high or lowContinue Reading