Forex technical Tools and Automation

StocHastogram

StocHastogram

Stochastic Indicators compare the closing price to its price range over a given time period. The indicator’s sensitivity to market movements can be reduced by adjusting the time period or by taking a moving average of the result. The theory behind this indicator is that in an upward-trending market, prices tend to close near their […]

Renko Charts for beginners

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Technical Intro: A type of chart, developed by the Japanese, that is only concerned with price movement; time and volume are not included. It is thought to be named for the Japanese word for bricks, “renga”. A renko chart is constructed by placing a brick in the next column once the price surpasses the top […]

RW’s Simple MA Ride

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Technical Intro: A moving average is a calculation to analyze data points by creating a series of averages of different subsets of the full data set. It is commonly used with time series data to smooth out short-term fluctuations and highlight longer-term trends or cycles. In MetaTrader4 the main variations include: simple, and Exponential, or […]

Video: Can Fitbit survive as Apple Wa...

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Donald Guloien, President and CEO, Manulife Financial discusses the company’s first quarter financial results and second dividend increase in less than a year. He says oil losses will pass, but don’t expect big dividend increases to continue every quarter. Source: http://www.bnn.ca/Video/player.aspx?vid=609302

RW’s CCI RSI Thunder

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Technical Intro: The commodity channel index (CCI) is an oscillator originally introduced by Donald Lambert in 1980. Traders and investors use the commodity channel index to help identify price reversals, price extremes and trend strength. As with most indicators, the CCI should be used in conjunction with other aspects of technical analysis. CCI fits into […]

Video: U.S. Earnings & Market Ex...

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Damian Fernandes, portfolio manager at TD Asset Management and Bill Harris, partner at Avenue Investment Management discuss investment opportunities in the current U.S. earnings season. Source: http://www.bnn.ca/Video/player.aspx?vid=608669

How to install a Custom indicator to ...

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Installing a custom indicator in MetaTrader4 is easy:   1) Download and Install the Indicator to your desktop 2) Right click to copy the Indicator 3)Open MT4 Click “File” -> “Open data folder” – “MQL” –> “Indicators” 4)Right click and paste the Indicator into this folder… (2 more steps below)

ADXmagic

adxmagic

The Average Directional Index (ADX), Minus Directional Indicator (-DI) and Plus Directional Indicator (+DI) represent a group of directional movement indicators that form a trading system developed by Welles Wilder. Wilder designed ADX with commodities and daily prices in mind, but these indicators can also be applied to stocks. The Average Directional Index (ADX) measures […]