Mar 5, 2019 | Day Trading, Technical Analysis, Technical Indicators
Introduction to Stochastics The stochastic oscillator was developed in the late 1950s by the trader and technical analyst George Lane. The stochastic oscillator is an indicator similar to the relative strength index (RSI) or moving average convergence divergence...
Sep 19, 2018 | Technical Analysis, Technical Indicators
The average true range is a technical indicator that measures volatility of a market based on the range and price movement of the market. It is purely derivative of price, unlike something like implied volatility. The indicator was developed by technical analyst...
Aug 11, 2018 | Chart Patterns, Swing Trading, Technical Analysis, Trading Strategy
Back in the 1930’s, accountant Ralph Nelson Elliot discovered something about the stock market – it responds in a repeating pattern to large-scale optimism and pessimism by investors. Elliot spent the following decade building out his theory, describing how the...
Jul 25, 2018 | Technical Analysis, Technical Indicators
The parabolic stop-and-reverse (PSAR) indicator was first introduced by technical analyst Willes Wilder in his 1978 book New Concepts in Technical Trading Systems and has been widely used by traders ever since. The PSAR is used on trending stocks to indicate whether...
Jun 19, 2018 | Chart Patterns, Technical Analysis, Trading Strategy
For traders scanning for a stock on the verge of a breakout, one of the signs to find is a classic cup and handle pattern. This pattern takes some time to develop, but is well-liked among traders because it can be defined by specific, measurable price movement...
Jun 12, 2018 | Chart Patterns, Technical Analysis
Candlestick charts have become the chart type of choice for traders around the world. They offer a huge amount of versatility in technical analysis while requiring very little price data as inputs and make it easy to visualize key changes in stocks’ trading patterns....