Introduction to the Trend Power and Direction Indicator Momentum breakouts are one of the most effective types of trade entries. These trade entries often result in strong run moving in... Read more

Introduction to the Donchian Channels System Indicator Price action traders identify trend direction based on the patterns of the price swings, whether price action is forming higher or lower swing... Read more

Traders often look for opportunities to make it big in a single trade. At the same time, traders also want to trade in this manner consistently. Trading with high yields... Read more

Introduction to the Five Pattern Indicator “M” and “W” Wave Patterns are price patterns identified by A. Merrill, which may predict how and where price would move next. These patterns... Read more

Japanese candlesticks have been one of the most revolutionary innovations in trading. In spite of its simplicity, Japanese candlesticks had so much impact in technical trading. In fact, most traders... Read more

Introduction to the Price Alert Indicator Many traders do not want to sit in front of their price charts all day waiting for price to reach the levels where they... Read more

Many traders are preoccupied with finding the perfect point and predicting the correct reversal points. While all this should be theoretically sound, it is quite difficult if not impossible to... Read more

Introduction to the Double Stochastic RSI Indicator Oscillators which are bound within a fixed range are often effective for identifying potential mean reversals. One example of this indicator is the... Read more

Trading is much like a game of basketball. Two teams are playing. One side are the bulls and the other side are the bears. Both sides struggle to push their... Read more

Introduction to the Levels Indicator Support and resistance levels are key elements on a price chart which traders should be aware of. This is because the market often takes interest... Read more