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Stonehill Forex

Trigger Lines as a Confirmation Indicator

by Stonehill Forex
An image of the Trigger Line indicator exhibiting a color change which coincides with both bullish and bearish momentum.

Trigger Lines If you’d like to follow along with the e-book version of the blog, click on the play button in the audio player below (at the bottom of the page).   Draw And Fire  This week, we’ve got an indicator that has a pretty cool name.  After all, something that starts with “trigger” gives … Read more

Categories Confirmation Indicator

Prevailing Trend as a Confirmation Indicator

by Stonehill Forex
An image displaying the Prevailing Trend indicator, a graphical representation commonly used in financial analysis. The indicator consists of a candle chart with a red and green crossover signal below the price chart. The green over red represents the prevailing trend of the asset being analyzed, indicating whether the trend is bullish (upward), bearish (downward). The chart is accompanied by relevant price data and time scales for reference.

Prevailing Trend If you’d like to follow along with the e-book version of the blog, click on the play button in the audio player below (at the bottom of the page).     Generally Accepted Opinion  Okay, I’ll bite.  The formal name of this week’s indicator has a first and last name.  To its friends, … Read more

Categories Confirmation Indicator

Precision Trend Histogram as a Confirmation Indicator

by Stonehill Forex
An image showing the Precision Trend Histogram Indicator, a technical analysis tool used in financial trading. The indicator is represented as a histogram chart, with bars displayed above or below a zero line. Positive bars indicate bullish (upward) trends, while negative bars indicate bearish (downward) trends. The length and color of the bars represent the strength and momentum of the trend. Traders use this indicator to identify potential trend reversals, confirm trend strength, and make informed trading decisions based on the overall market direction.

Precision Trend Histogram If you’d like to follow along with the e-book version of the blog, click on the play button in the audio player below (at the bottom of the page). Rolls Off The Tongue  This week’s indicator has a name that does just that…rolls off your tongue smooth as silk.  Sounds great, looks … Read more

Categories Confirmation Indicator

Jurik Volty Bands as a Confirmation Indicator

by Stonehill Forex
A visual representation of Jurik Volty Bands, a technical analysis tool used in financial trading. The bands are displayed as curved lines on a price chart, indicating volatility levels in the market. The upper and lower bands dynamically adjust based on market conditions, providing insights into potential price reversals or breakouts. Traders use this indicator to identify periods of increased or decreased volatility, aiding in their decision-making process for entering or exiting trades.

Jurik Volty Bands If you’d like to follow along with the e-book version of the blog, click on the play button in the audio player below (at the bottom of the page).     Nail Salon, Tire Change, And Bait Shop  Who doesn’t love an all-in-one store where one can get all of their needs … Read more

Categories Confirmation Indicator

Chande Momentum Oscillator as a Confirmation Indicator

by Stonehill Forex
The Chande Momentum Oscillator (CMO) is a technical analysis indicator that measures the momentum of a financial instrument's price movement. It was developed by Tushar Chande. The CMO calculates the difference between the sum of positive and negative price changes over a specified period. The Chande Momentum Oscillator (CMO) indicator. It consists of a line graph that fluctuates above and below a centerline. The line represents the momentum of a financial instrument's price movement. Positive values indicate bullish momentum, while negative values suggest bearish momentum.

CMO (Chande Momentum Oscillator) If you’d like to follow along with the e-book version of the blog, click on the play button in the audio player above, at the top of the page.     Mass and Velocity  Welcome to ninth grade physics.  Just kidding.  But really, understanding what momentum is can actually be helpful … Read more

Categories Confirmation Indicator
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  • Reflex as a Confirmation Indicator
  • Disparity Index as a Confirmation Indicator
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