Ascending and Descending Triangle Chart Patterns are an important tool in any Technical Analyst’s arsenal. They are generally continuation patterns that happen during a prior existing trend.
Money Flow Index (MFI) is an oscillator that uses price and volume to quantify buying and selling pressure. It uses a formula similar to RSI and hence it is also called as volume-weighted RSI. The formula uses the typical price of a stock and its volume to calculate the positive money flow and negative money […]
In this post, we will analyse the Nifty and find out if this is a Bear Market and even a start of a possible recession.
We are pleased to release the Investar 6.1 release with the following features:
In this post, we will be discussing the NR7 Trading Strategy which is basically a Price Action based trading strategy. Price Action Trading does not involve any indicators, it is totally based on the price action of a particular stock or index.
With the Modi Government coming back with a majority, what should be your strategy going forward? Here’s a quick blog post to find out sectors followed by a video which you can see to practically see this strategy.
What is a Moving Average? Moving averages are trending indicators and are widely used because of their simplicity and effectiveness.They do not foresee price direction, yet rather define the current direction, though they lag due to being based on past prices.
Indicators signify a statistical method of technical analysis as opposed to a subjective approach. By looking at money flow, trends, volatility, and momentum, they provide a secondary measure to actual price movements and help traders confirm the quality of chart patterns or form their own buy or sell signals.
This is the 2nd part where we will see all the advanced drawing tools used for Technical Analysis.You can read the first part, focusing on the basic drawing tools used for Technical analysis here.
The commodity channel index (CCI) is an oscillator originally introduced by Donald Lambert in 1980. Since its introduction, the indicator has grown in reputation which is currently a very common tool for traders in identifying cyclical trends not just in commodities, but also equities and currencies.