Trading with Bollinger Bands
Bollinger Bands are simply moving average bands with a volatility filter. However, it is that volatility filter that makes this one of the more valuable and popular technical indicators in use today.
Category: Indicator
Relative Strength
Relative strength can mean alot of things in the financial markets as there are more than a few technical tools using this title to describe what they attempt to do.
Fast Stochastics or Slow Stochastics?
One of the technical indicators we teach in the DailyFX Power Course is the Stochastic Oscillator.
Using Bollinger Bands
One of the more popular technical indicators in use today is Bollinger Bands. Created by John Bollinger in the early 1980s, this tool is essentially a Moving Average with a volatility filter.
What is the Average Directional Index (ADX)?
You see that the EUR/USD was moving up strongly, so you bought this pair on the last pullback.
Simple Moving Averages versus Exponential Moving Averages
As traders explore the vast array of tools available to them, one common question arises: which moving average is better? The Simple Moving Average (SMA) or the Exponential Moving Average (EMA)? In this article, we will compare...
The Use of Moving Averages
Technical indicators play a crucial role in analyzing financial markets, and one of the most popular and widely used indicators is the Moving Average (MA). Its simplicity and effectiveness make it a favorite among traders. In this...
Secondary Data
Retail Sales Measures total receipts of retail stores from samples representing all sizes and kinds of business in retail trade throughout the nation. It is the timeliest indicator of broad consumer spending patterns and is adjusted for...
Prime Data
Purchasing Managers Index (PMI) The National Association of Purchasing Managers (NAPM), now called the Institute for Supply Management, releases a monthly composite index of national manufacturing conditions. The index includes data on new orders, production, supplier delivery...
Relative Strength Index Explained
Relative Strength Index (RSI) is used to quantify the strength of the entire set of ascending movements in opposition to all descending movements within a given period of time. The following is the Relative Strength Index equation: