How to Day Trade Using the Gann Square
Gann The trading concepts used by William Delbert Gann or W.D. Gann as he is fondly called is a name in the financial markets that instantly brings intrigue and mystery, not to forget the fact that...
View Article3 Simple Strategies for How to Use the New Highs/Lows Ratio when Day Trading
The new High new Low ratio is a technical indicator that is very simple. It measures the number of securities trading on the New York Stock Exchange (NYSE) which have hit a 52-week high and counts the...
View ArticleTape Reading (Time and Sales Window)
Reading the tape is one of the essential indicators when active trading. Many traders know about the hundreds of indicators readily available on most trading platforms, but very few have an idea of...
View Article5 Reasons Tick Charts Complicate Trading
Most day traders have a love or hate relationship with tick charts. Meaning, either you cannot trade without the tick data, or you absolutely despise the use of tick data as it can complicate making...
View ArticleLevel II Quotes – Primary Tool for Active Traders
Level II Quotes The Level II quote window provides the data for pending orders in the market. It displays the size of the best bid and offers with their respective depths. Day traders use level II to...
View ArticleBest Day Trading Chart Indicators
When you are just starting to take baby steps in trading, usually the first thing you are concerned about is what are the best day trading indicators and chart configuration you should use. Wouldn’t...
View ArticleTrade Volume Index (TVI) – Technical Indicator
Trade Volume Index Definition The trade volume index (TVI) detects whether a security is being bought or sold based on tick data. The TVI provides a trader more insight into the amount of buying and...
View Article2 Simple Fibonacci Trading Strategies
0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233, 377…do these numbers look familiar to you? Not really, right? If not, then you definitely need to read the following material. These numbers are the...
View Article4 Simple Slow Stochastics Trading Strategies
Slow Stochastic Definition The slow stochastic indicator is a price oscillator that compares a security's closing price over "n" range. The most commonly used range for the slow stochastic indicator is...
View ArticleHow to Use Trendlines with the Elliott Wave Pattern
Trend Lines Definition Trend lines are one of the oldest technical indicators. Trend lines are used to identify and confirm existing price trends. They can be drawn on any time frame and can be used on...
View ArticleWhy Professional Traders Prefer Using the Exponential Moving Average
Technical analysis boils down to predicting the future directional movement by studying past market behavior and you would not likely find a better way to assess the market than moving averages. Today,...
View ArticleBroad Market Indicators for Day Trading
Day Trading Indicators Day trading on any timeframe chart requires the knowledge of how the general market is behaving. You want to make sure that all boats are sailing in the same direction to give...
View Article4 Simple Volume Trading Strategies
Why is Volume Important? Volume analysis is the technique of assessing the health of a trend, based on volume activity. Volume is one of the oldest day trading indicators in the market. I would dare...
View Article3 Ways to Use a Displaced Moving Average (DMA) in Addition to Your Trading...
What is a Displaced Moving Average? As you have probably noticed, the name “displaced moving average” pretty much contains the answer to this question. The displaced moving average is a regular simple...
View ArticleRandom Walk Index – Technical Analysis Indicator
Random Walk Index Definition The random walk index (RWI) is a technical indicator that attempts to determine if a stock's price movement is random or nature or a result of a statistically significant...
View Article3 Simple Price Oscillator Trading Strategies
Price Oscillator Definition The price oscillator displays the difference of two moving averages in either points or in percentages. This technical indicator is very similar to the MACD, but there are...
View ArticleGlossary of Technical Analysis Terms
Technical analysis is a means of being secure as a trader in the stock market. It provides the discipline on how to be able to predict movement in prices by studying past market data on price and...
View ArticleHow to Trade with the Tick Index – 2 Simple Strategies
Many of the technical indicators discussed on the Tradingsim blog deal with assessing a particular stock or ETF. However, in this article we will cover the tick index, which is a broad market momentum...
View ArticleHow to Day Trade with the Commodity Channel Index (CCI)
Commodity Channel Index Definition The commodity channel index (CCI) is an oscillator used to identify cyclical trends in a security. It gained its name because it was originally used to analyze...
View ArticleTick Volume – Technical Analysis Indicator
Tick Volume Definition Tick volume is measuring every trade whether up or down and the volume that accompanies those trades for a given time period. If you are a day trader or a short term swing...
View ArticleHow to Trade with the Money Flow Index
If you have been day trading with price action and volume - two of our favorite tools - then the Money Flow Index (MFI) indicator would not feel alien to you. Once you move pass the fancy name, the...
View ArticleHow to Use the Average True Range Indicator
Average True Range Trading StrategiesHey, day traders this is Al Hill from Tradingsim.com. Let me just say off the bat that I’m a little under the weather but please do not let that give the...
View Article4 Strategies for How to Use the Volume Oscillator
Fans of the Tradingsim blog know that I am big on volume. Volume is probably one of the oldest off chart technical indicators you will find in technical analysis. So, as I'm looking through the...
View ArticleTop 4 Awesome Oscillator Day Trading Strategies
Awesome Oscillator I don't know about you, but what was Bill Williams thinking when he came up with the name awesome oscillator? With names floating around as complex and diverse as moving average...
View Article5 Examples of Keltner Channels versus Bollinger Bands
I am a self-proclaimed ATR fanatic, yet I have not explored Keltner Channels. The Keltner Channel is a lagging on-chart indicator that uses a combination of exponential moving averages and the Average...
View ArticleHow to Trade using the Choppiness Index Indicator
choppiness indicator Wouldn't we all love to know when a stock is trending and when it is in flat territory? Close your eyes for a second and imagine a world where you know on the first tick that the...
View ArticleNet Volume Indicator – Should we Care?
net volume indicator I quite frequently perform research on technical indicators and to be honest, net volume never peaked my interest. Therefore, I have decided to explore in this article why I am...
View ArticleHow to Day Trade with the Elder’s Force Index
Overview of Elder's Force Index (EFI) You can never call Alexander Elder a humble guy as he decided that the best name for his indicator would be that of his own last name. I can however appreciate the...
View ArticleIchimoku Cloud Breakout Trading Strategy – it’s not as complicated as it looks
What is the Ichimoku Cloud? The Ichimoku Cloud, also known as Ichimoku Kino Hyo is a technical indicator, which consists of five moving averages and a “cloud” formed by two of the averages. The default...
View Article4 Simple Ways to Trade with the Volume Weighted Moving Average (VWMA)
As stated in its name, the volume weighted moving average (VWMA) is similar to the simple moving average; however, the VWMA places more emphasis on the volume recorded for each period. A period is...
View Article4 Tips for How to Trade Leveraged ETFs with the Directional Movement Index
Just like regular exchange traded funds, a leveraged ETF can get you exposure to a particular sector, but as the name suggests, it uses built in leverage to maximize or minimize the exposure, depending...
View ArticleEase of Movement Indicator (EMV) – The Best Way to Interpret Price Action
What is the Ease of Movement Indicator? The Ease of Movement (EMV) is an oscillator, which analyzes the relationship between price and trading volume. The EMV has an uncanny ability to identify price...
View ArticleTricks You Can Use to Successfully Day Trade with the Williams %R Indicator
If you are interested in short-term trading such as day trading based on technical analysis, then you would have probably heard about the Williams %R indicator. Pronounced as Percent R, the indicator...
View Article7 Reasons Day Traders Love the VWAP
7 Reasons Day Traders Love the VWAP Learn How to Day Trade with the VWAP - Video Before we dive into the 7 reasons day traders love the VWAP, let's first take a look at this short video which covers...
View Article3 Trading Indicators to Combine with the Klinger Oscillator
What is the Klinger Volume Oscillator? The Klinger Volume Oscillator (KVO or KO) is a volume-based indicator, which assists traders to identify a longer-term view of price trends. Since the KVO is a...
View ArticleTRIX – Standard Momentum Oscillator or Something More?
What is the TRIX indicator? The TRIX indicator is a momentum oscillator, which assists traders by identifying trending markets and price reversals. The TRIX indicator consists of three major...
View Article5 Ways the True Strength Index Keeps you in Winning Trades
The True Strength Index (TSI) is a technical indicator that was developed by William Blau in the early 1990’s. While there are many applications for the True Strength Index, professional traders use...
View Article5 Trading Strategies Using the Relative Vigor Index
What is the Relative Vigor Index? The Relative Vigor Index (RVI or RVGI) is a technical indicator, which anticipates changes in market trends. Many day traders consider the RVI a "first cousin" of the...
View ArticleAlligator Indicator versus the Triple EMA
If you are a fan of trading with moving averages and unfamiliar with the alligator indicator, get ready for a pleasant surprise. In this article, we are going to do a head-to-head comparison of the...
View Article5 Profitable Trading Strategies Using the MACD
Are you an indicator trader? If yes, then you will enjoy reading about one of the most widely used trading tools – the moving average convergence divergence (MACD). Today, we will cover 5 trading...
View ArticleHow to use the Coppock Curve with other Indicators
Coppock Curve Edwin Sedge Coppock, an economist by profession developed the Coppock Curve in 1965, which is a momentum indicator to identify long-term buying opportunities in the S&P 500 and Dow...
View ArticleWhy Do Technical Indicators Fail?
False Signals with Technical Indicators We have discussed many technical indicators on the Tradingsim blog. We have gone through many trading signals and strategies for increasing profit potential....
View ArticleUlcer Index – How to Forecast Shorts and Filter Volatile Trades
Overview of the Ulcer Index The Ulcer Index measures the amount of risk on a trade. Hence the name ulcer for the pain and stress these moves can inflict on the less skilled trader. In this article, we...
View Article10 Day Moving Average – How to Trade with the Indicator [Video]
10-Day Moving Average Overview The 10-day moving average is one of those indicators that everyone knows about. From the new trader to the 30-year seasoned veteran. What makes it so popular? The quick...
View ArticleVWAP Boulevard Indicator: The Ultimate Guide [#vwapboulevard]
VWAP Boulevard has become all the rage in the fintwit community lately. Discovered, named, and taken mainstream by Twitter phenom @team3dstocks, thousands of day traders are now implementing this...
View Article6 Bollinger Bands® Trading Strategies + Video
Bollinger Bands are a powerful technical indicator created by John Bollinger. The bands encapsulate the price movement of a stock, providing relative boundaries of highs and lows. The crux of the...
View ArticleThree Explosive Anchored VWAP Strategies + Explanation Video
Most anchored vwap strategies are centered around swing trading. However, the strategies used on daily charts can also become major support or resistance for day traders. In this post, we’ll show you...
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