multiple timeframes analysis trading view Trend Direction Identification on weekly chart & daily chart Beginning with the weekly chart and ending at the 1-hour chart weekly chart: uptrend, printing higher highs and higher lows. and spot the support & resistance levels. daily timeframe: looking for for pullback but trading at weekly resistance … [Read more...] about chart setup for swing trading
supertrend indicator how to use how it works
What is its a trend indicator to spot the trend, trail stop loss and support or resistance of a time over a time period . its lagging indicator based on Average ture range ATR which relies on moving averages, How to it works? combines the average true range (ATR) with a multiplier to calculate its value. Super Trend Indicator combines different time frames into one, … [Read more...] about supertrend indicator how to use how it works
what is bollinger bands How to use, how it works
What is Bollinger band? Its a volatility indicator, Bollinger Bands are envelopes plotted at a standard deviation level above and below a simple moving average of the price. Because the distance of the bands is based on standard deviation, they adjust to volatility swings in the underlying price. Bollinger Bands use 2 parameters, Period and Standard … [Read more...] about what is bollinger bands How to use, how it works
atr indicator formula how it works
What is ATR Average True Range? market volatility indicator, derived from the 14-day simple moving average, Shows average range prices swing for an investment over a specified period default 14 days. HOw it works? ATR takes into account gaps in price movement and previous closing prices to account for price gaps new average true range is calculated every … [Read more...] about atr indicator formula how it works
ADX The Trend Strength Indicator Average Directional Index
what Is ADX? Average Directional Index (ADX), Its a trend indicator, used to know trend strength, ADX calculations are based on a moving average of price range expansion over a given period of time. The default setting is 14 bars or periods it could be minutes, hours, daily frame etc. How ADX Works? The Plus Directional Indicator (+DI) and Minus … [Read more...] about ADX The Trend Strength Indicator Average Directional Index