How to Trade Using Stochastic Oscillator Indicator

Stochastic oscillator indicator by developer George Lane, the main idea lies in the fact that price increases tend to close previous highs, and downtrend prices fall to cover nearest and previous lows. Trading with the Stochastic indicator involves the following signals: The Stochastic line is cross indicates a trend change. Stochastic above the level 80 …

How to Trade Using RSI Indicator

RSI indicator (Relative Strength Index) is another momentum indicator developed by Welles Wilder. The standard setting period for RSI is period 14, which can be applied at any time span. The RSI indicator compares the average up closing and down closing for a given time period. Trading with RSI involves the following signals: RSI is moving …

How to Trade Using Bollinger Bands Indicator

Bollinger Bands indicator – a simple but powerful indicator, ideal for traders who love the visual style of forex trading. Created by John Bollinger,  Bollinger Bands indicator that measures market volatility and provides a wealth of useful information: Trend direction Trends continued or paused The period of market consolidation Periods of massive future volatility breackouts …

How to Trade Using Parabolic SAR Indicator

Parabolic SAR indicator in trading involves the following signals: PSAR’s dot above the price -> Downtrend. PSAR’s dot  below the price -> Uptrend. Details Parabolic SAR indicator is trend indicator, which describes to forex trader about stop price point , price reverse and trend direction. This concept of its use is easy to understand. Parabolic SAR …