Clik here to view.
How to Use Trendlines with the Elliott Wave Pattern
Trend Lines DefinitionTrend 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 ArticleClik here to view.
Why 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 IndicatorsDay 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 ArticleClik here to view.
4 Simple Volume Trading Strategies
Why is Volume Important?VolumeVolume 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...
View ArticleClik here to view.
3 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 DefinitionThe 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 ArticleClik here to view.
3 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 ArticleClik here to view.
How 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 ArticleClik here to view.
Chande Momentum Oscillator (CMO) – Technical Indicator
Chande Momentum Oscillator DefinitionThe chande momentum oscillator (CMO) was developed by Tushar Chande and is a technical indicator that attempts to capture the momentum of a security. Chande...
View ArticleClik here to view.
Andrews Pitchfork – Three Parallel Trend Lines
Andrew's Pitchfork DefinitionThe andrew's pitchfork was developed by Dr. Alan Andrews and is a technical indicator comprised of three trend lines. These three trend lines are extended parallel to each...
View ArticleClik here to view.
Commodity Selection Index (CSI) – Technical Analysis Indicator
Commodity Selection Index (CSI) DefinitionThe Commodity Selection Index (CSI) is a momentum indicator that uses the ADXR component of the Directional Movement indicator to select commodities suitable...
View ArticleClik here to view.
Qstick – Technical Analysis Indicator
Qstick Definition and FormulaThe Qstick indicator was developed by Tushar Chande, in order to determine the strength or weakness of a security over 'x" period of time. The Qstick indicator represents...
View ArticleClik here to view.
Relative Volatility Index (RVI) – 2 Simple Trading Strategies
Have you ever heard of the RVI technical indicator?I am not talking about the relative vigor index, termed RVI or RVGI. I am referencing the relative volatility index!In this article, I am going to...
View ArticleClik here to view.
4 Tips for Day Trading with the Advance Decline Ratio
Advance Decline Ratio DefinitionThe advance/decline ratio (A/D ratio) shows the ratio of advancing issues to declining issues. The A/D ratio is similar to the advance/decline line, except instead of...
View ArticleClik here to view.
Definitive Guide for Day Trading Fibonacci Arcs
Fibonacci Arc DefinitionFibonacci arc is a technical analysis indicator used to provide hidden support and resistance levels for a security.A fibonacci arc is constructed by first drawing a trend line...
View ArticleClik here to view.
How to use the Parabolic SAR Indicator to identify Day Trading Signals
Would you like to know when the price of the stock you are trading is likely to find support or resistance and about to reverse? Yes? Great! You are in luck that J. Welles Wilder Jr. worked hard to...
View ArticleClik here to view.
Fibonacci Extensions – Price Projection Technique
Whether you want to believe it or not, Fibonacci levels play a critical role in defining support and resistance levels when day trading.The one topic not covered much in the trading community is the...
View ArticleClik here to view.
How to Day Trade with the Triple Exponential Moving Average (TEMA)
TEMA DefinitionTEMA stands for Triple Exponential Moving Average and is used to identify trends in the market. It was developed by Patrick Mulloy and was first published in the 1994 issue of...
View ArticleClik here to view.
Renko Charts – Japanese Charting Method
Renko Charts DefinitionRenko charts can trace their origins to Japan and were first introduced to the West by Steve Nison in his book "Beyond Candlesticks". The actual word renko is derived from the...
View Article