FREE DOWNLOAD: Fibs From Current Day
Fibonacci retracements refer to areas of support or resistance levels calculated by using the Fibonacci sequence. A central concept here is what’s called the Golden Ratio, which refers to 1.618 and it’s inverse .618. The Italian mathematician, Leonardo Fibonacci (1170-1250), is credited for bringing the sequence to the West. Using the sequence, Fibonacci noticed that certain ratios could…
The Squeeze: Quiet Before the Storm
A frequently discussed setup is “The Squeeze” which occurs in situations of low volatility. The scenario is used to identify situations when the market is building up momentum for its next major move higher or lower. Two versions of the squeeze setups are particularly well known: John Bollinger’s described in his book “Bollinger on Bollinger…
The Daily Range Projections
In this month’s Indicator Spotlight, we’re looking at the Daily Range Projections. They display support / resistance levels based on the volatility of the prior N days, namely noise bands and range projections. To learn more, watch the video, or continue reading below: The Noise Bands The daily noise is defined as the smaller of…
Ichimoku: Trend and Momentum in Multiple Timeframes
The Ichimoku Kinko Hyo indicator was developed by Goichi Hosoda who published a book about it back in 1969. It is a versatile indicator that defines support / resistance, trend direction, momentum as well as trade signals. To learn more, watch the video or continue reading below. Tenkan-sen vs. Kijun-sen The Ichimoku applies…
Floor Pivots: RTH vs. ETH
In this month’s Indicator Spotlight, we’re looking at the Daily Session Pivots. These levels are well known intraday price benchmarks and are still considered among the most reliable methods for determining key support and resistance. To learn more, watch the video or continue reading below: About Pivots The pivot calculation is a simple…
It’s all Relative (Ranges)
In this month’s Indicator Spotlight, we’re looking at the Relative Ranges indicator and how you may use it to address changes in volatility between the overnight, European and US regular sessions. Watch the video or continue reading below to learn more: If a standard volatility indicator such as the Average True Range is used to…
It’s all Relative (Volume)
In this month’s Indicator Spotlight, we’re looking at the Relative Volume indicator and how you may use it to address volume changes between the overnight, European and US regular sessions. Watch the video or continue reading below to learn more: If a volume weighted average is used during the European session, you will often see…
Gaps, Gapless, Gap-adjusted
This month we feature the Gapless EMA as our Indicator Spotlight. The indicator is used for instruments and session templates that have a price gap between yesterday’s close and the current open. To learn more about the Gapless EMA, check out this video, or continue reading below: Overnight Gaps Overnight gaps occur with instruments that do…
Ever been fooled by a drop-out?
If you rely on any type of momentum indicator for identifying trading setups, you’ll want to avoid being fooled by the dropout effect. The dropout effect refers to a misleading momentum output, caused by eliminating the last bar in the lookback period. In other words, the indicator will show a momentum change, although price action…
The ATR trailing stop
This Indicator Spotlight features the Average True Range (ATR) trailing stop. The ATR responds to volatility, highlighting possible trend changes. Therefore, instead of using a fixed tick or percentage of capital as a definition for our stop and trailing method, the current volatility determines the risk. To learn more about the ATR trailing stop, check out…
