What the Heck Does (Indicator) Price Actually Mean?

In depth look at what price represents in the indicator settings menu. We take a deep dive into where the data comes from and how some of them are calculated.

Hello Again It’s been awhile since we’ve written a technical blog and reading through the remarks on the survey, we noticed there were a few requests.  That being the case, we decided on tackling a simple, yet powerful variable used in most indicators that some of you may not fully understand. Practice Makes Perfect As … Read more

Divergence

Divergence in Trading Over the years, we’ve heard about using divergence in trading as a tool.  Some of you may know what it is, some have heard about it but don’t really understand it, and some of you have no idea what it is. Definition Defining divergence is relatively simple with respect to trading.  To … Read more

Back Testing Time Horizon Lengths

Time After Time As a trader, back testing is a vital part of what we do.  Without it, you will never really know if a particular indicator performs well or not.  The big question is, “How long of a back testing period should I use?”  That’s a great question, by the way.   Over the … Read more

What is a Doji

Doji candle. Represents indecision in the market. Not a bear or bull market. Candle indicator.

Old stuff We’re going to take a small Forex field trip to a place we don’t normally visit.  That’s perfectly okay. We’ve received a few questions about a particular little thing called a “doji”. Some of you may know what it is, some not. We’ve decided to write about it because, strictly speaking, it is … Read more

Types of Indicators

Our love of indicators can be thought of as favorite foods, served on fine china (charts) and manipulated by exquisite silverware (money management and trading psychology).  The trick is to find those indicators which not only appeal to us, but actually serve a useful function; and be tasty too! It Takes All Types In this … Read more