TopDealsNet Blog
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7 min readThe Keltner Channels is a technical indicator that can be used to identify potential trading opportunities in financial markets. It consists of three lines: a middle line, an upper band, and a lower band. The middle line is typically a moving average of the asset's price, while the upper and lower bands are calculated by adding and subtracting a multiple of the average true range (ATR) from the middle line.
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6 min readMoving Max is a trading strategy or indicator used in day trading to identify the maximum price level that a specific security has reached within a predefined time frame. It is often used by traders who aim to capitalize on short-term price momentum and anticipate price reversals.The Moving Max strategy involves plotting a moving average line on a price chart, typically a simple moving average (SMA) or an exponential moving average (EMA).
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7 min readWhen it comes to scalping in trading, the Rate of Change (ROC) indicator can be a helpful tool. The ROC measures the percentage change in price over a specified period of time and is commonly used to identify momentum shifts in the market. Here is an overview of how to trade with ROC for scalping:Understanding the ROC indicator: The ROC indicator is typically displayed as a line on a price chart.
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10 min readThe Average Directional Index (ADX) is a popular technical indicator used to measure the strength of a trend in the financial markets. Developed by J. Welles Wilder, the ADX helps traders and investors determine the presence and strength of a prevailing trend, regardless of whether it is an uptrend or downtrend.To apply the ADX indicator, you need to follow a few steps:Plotting the ADX line: The ADX itself is plotted on a separate chart window below the main price chart.
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8 min readThe Volume Price Trend (VPT) is a technical analysis tool used in trading to analyze the relationship between volume and price movements in a particular security or market. The VPT is primarily used to identify the strength of a price trend and to confirm or predict potential reversals. It was developed by Joseph E. Granville, a renowned technical analyst.The VPT is based on the concept that volume precedes price movements.
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6 min readIn technical analysis, price channels are an important concept used to identify and interpret the direction and trend of a financial instrument's price movement. A price channel consists of two parallel trendlines that enclose the price within a range.To identify a price channel, start by looking for a series of higher highs and higher lows, or lower highs and lower lows. These points represent the swing highs and swing lows of the price movement.
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9 min readThe rate of change (ROC) is a useful concept in mathematics and statistics that measures how one quantity changes in relation to another quantity. It provides insights into the direction and magnitude of change over a given interval. Interpreting ROC is essential for understanding trends, analyzing data, predicting future patterns, and making informed decisions.When interpreting ROC, it is important to consider the context and units of measurement.
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8 min readWilliams %R, developed by Larry Williams, is a popular technical analysis indicator used by swing traders. It measures overbought and oversold levels of an asset and helps traders identify potential reversal points in the market. This complete guide will explore how Williams %R works, how to interpret it, and how swing traders can effectively utilize it.Williams %R is a momentum oscillator that ranges from 0 to -100, and it is typically represented as a line on a chart.
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9 min readThe Moving Average Ribbon indicator is a technical analysis tool used to identify trends and potential reversals in the price of a security. It consists of multiple moving averages displayed on the chart as a ribbon or band.To use the Moving Average Ribbon indicator, you need to first have access to a charting platform that offers this indicator.
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9 min readThe Relative Strength Index (RSI) is a momentum oscillator that is widely used by traders and investors to measure the speed and change of price movements. It was developed by J. Welles Wilder Jr. and introduced in his 1978 book, "New Concepts in Technical Trading Systems."The RSI is a versatile indicator that oscillates between 0 and 100.
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12 min readThe Parabolic SAR (Stop and Reverse) is a technical analysis indicator that helps traders determine entry and exit points in a market. It works by placing dots above or below the price bars on a chart to indicate potential trend reversals.When analyzing and trading with the Parabolic SAR, there are a few key points to consider:Trend identification: The Parabolic SAR is primarily used to identify trends in the market.