IQoption forex.
The MACD is one of the most powerful trend following and momentum indicator. The MACD is a commonly used technical indicator. As stated, the acronym stands for Moving Average Convergence Divergence. Let’s move forward to the most important part of this trading strategy. the buy, or sell rules of the MACD Trendline Breakout Strategy.[…]
Forex & Stock “MACD AUTO TREND LINE” (Convergence-Divergence) Trading System.
Unlike the STOCHASTICS, RSI, or CCI, there are no predetermined overbought or oversold levels in the MACD oscillator. However, the trick is to compare the highs and lows in MACD to price action in relation to previous high and lows. In doing so, you can easily find convergence and divergence. The best way to use[…]
SCALPING & INTRADAY Trading with Triangle Pattern Strategy.
Contrary to popular opinion, a descending triangle can be either bearish or bullish. Traditionally, a regular descending triangle pattern is considered to be a bearish chart pattern. However, a descending triangle pattern can also be bullish. In this instance it is known as a reversal pattern. To that point, the descending triangle can be viewed[…]
SCALPING & INTRADAY Price Action Trading with PIVOT POINTS Support-Resistance.
Pivot points are one of the few leading indicators and should be the first tool a trader should look at to enter a trade. Today we will dive deep into the significance of Pivot Points for scalping and day trading. Pivot points are one of the few leading indicators and should be the first tool[…]