The King of Camarilla Pivots
An air of mystery surrounds the Camarilla Pivots. However, the method for applying this trading approach is quite simple. To learn more about the Camarilla Pivots, a.k.a. Camarilla Points, watch the video or continue reading below: First, why is there an air mystery surrounding the Camarilla Pivots? A likely culprit is the meaning behind the…
Coral Trend Slope vs. Volatility Channel
The Coral Filter is a linear combination of moving averages, all obtained by a triple or higher order of exponential smoothing. To learn more about the Coral Filter, a.k.a. Coral Trend indicator, watch the video or continue reading below: As the name implies, it is a tool to determine trend bias, filtering out setups that…
TDI Indicator REVISITED – with Bloodhound Tutorial
In this Indicator Spotlight, we’re looking at the Traders Dynamic Index (TDI), an indicator that combines the RSI in three (3) timeframes…
The ADXVMA Indicator and Adaptive Moving Averages
The ADXVMA indicator is an adaptive moving average and automatically responds to price volatility. Specifically, it follows price closely during trending markets whereas it is less sensitive during sideways action. To learn more about the ADXVMA indicator and adaptive moving averages, watch the video or continue reading below: Moving Averages vs. Adaptive Moving Averages Originally,…
SuperTrend: A Versatile Stop Loss
The SuperTrend indicator is an enhancement of the Maximum Adverse Excursion (MAE) concept, as introduced by John Sweeney in the mid-nineties. It is most commonly applied as a trailing stop indicator, adjusting to both prices and volatility. When volatility is high, the trailing stop is further away from prices. Conversely, when volatility is low, the…
The Quantitative Qualitative Estimation Indicator
The Quantitative Qualitative Estimation ( QQE ) indicator is an offspring from Wilder’s famous Relative Strength Index ( RSI ). The base plot is an RSI smoothed over 5 periods supplemented by a signal line. The signal line is composed of a moving Average True Range (ATR). By smoothing the QQE and signal lines, the…
The Arnaud Legoux Moving Average: Information Value vs. Information Confidence
In this Spotlight we’re looking at the Arnaud Legoux Moving Average (ALMA) which was developed as an alternative to conventional moving averages. Specifically, Legoux sought to create a smooth moving average without compromising responsiveness. To learn more, check out the video or continue reading below. The ALMA indicator is a linear filter whose coefficients are…
Bearish Belthold
A Bearish Belthold is very similar to the Black Marubozu pattern, opening at the candle high, falling to close near its low. This is what leaves the small lower shadow at the bottom of the candle. To learn more, check out the video below: What is a Bearish Belthold The Bearish Belthold pattern will plot…
Bullish Belthold
A Bullish Belthold is very similar to the white marubozu pattern, opening at the candle low, rallying to close near its high. This is what leaves the small lower shadow towards the top of the candle. To learn more, check out the video below: What is a Bullish Belthold The Bullish Belthold pattern will plot…
Evening Doji Star
The Evening Doji Star is a 3 bar pattern that forms following a up-trend, indicating a possible bearish reversal. It may therefore indicate a possible shift in market sentiment. To learn more, check out the video below: What is the Evening Doji Star Pattern The first bar in the Evening Doji Star pattern is a…