Another technical indicator that traders use to determine where a trend is likely to terminate is the Stochastic oscillator. The oscillator is based on the following principle: Prices will remain…

We've been looking at technical indicators that mostly focus on detecting the start of new trends up until now. It is critical to be able to recognize new trends, but…

What exactly is MACD? Moving Average Convergence Divergence (MACD) is an acronym for Moving Average Convergence Divergence. This technical indicator is a tool for identifying moving averages that indicate a…

Keltner Channels is a volatility indicator created by Chester Keltner, a grain trader, in his 1960 book How To Make Money in Commodities. Linda Raschke later produced an updated version…

You might wonder, "What is a trader's toolbox?" Simple!    Let's compare trading to the construction of a home. On a screw, you wouldn't use a hammer, right? You wouldn't use…

The Guppy Multiple Moving Average (GMMA) indicator uses moving average ribbons to provide an innovative approach. It's not enough to just recognize a trend's direction and catch it as a…

What is the meaning of a moving average ribbon? A moving average ribbon is a chart with a sequence of moving averages of various lengths. The main notion behind "moving…

Moving average envelopes are what they sound like. Let's take a step back and speak about moving averages for a moment. The purpose of utilizing moving averages is to spot…

Moving averages can also be used to create dynamic support and resistance levels. Because it's not like standard horizontal support and resistance lines, we call it dynamic. They are continually…