TopDealsNet Blog
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9 min readThe Money Flow Index (MFI) is a technical analysis tool that measures the strength and momentum of money flowing in and out of a particular asset or security. It helps traders and investors identify potential buy or sell signals based on the volume and price movements.The MFI is calculated using a formula that takes into account both price and volume data. It is typically displayed as a line graph that moves between values of 0 and 100.
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7 min readThe Triple Exponential Average (TRIX) is a technical indicator used by traders to identify and confirm trends in the financial markets. It is derived from the Exponential Moving Average (EMA) and consists of a single line that oscillates around a zero level.To trade with TRIX, you need to understand how it is calculated and how to interpret its signals:Calculation of TRIX: TRIX is calculated in three steps: a. Calculate the Exponential Moving Average (EMA) of the price data. b.
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12 min readThe Relative Strength Index (RSI) is a popular technical indicator used in swing trading. It is primarily used to identify overbought and oversold conditions of a security, indicating potential trend reversals.The RSI measures the strength and speed of price movements by comparing the magnitude of recent gains to recent losses. It is calculated using a formula that normalizes the price changes on a scale of 0 to 100.
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9 min readThe MACD (Moving Average Convergence Divergence) indicator is a popular and commonly used technical analysis tool that helps traders identify potential trading opportunities. It consists of two lines, the MACD line and the signal line, as well as a histogram.To apply the MACD indicator, follow these steps:Locate the MACD indicator on your trading platform or charting software. It is usually found under the "Indicators" or "Oscillators" category.
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7 min readRate of Change (ROC), also known as the rate of movement, is a concept used in various fields such as mathematics, physics, finance, and economics. It quantifies how a variable changes with respect to another variable over a specific period of time. ROC is typically expressed as a ratio or a percentage.
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10 min readThe Commodity Channel Index (CCI) is a popular technical analysis indicator used by traders and investors to identify potential buy or sell signals in the financial markets. It measures the current price level in relation to its average over a given period of time, indicating overbought or oversold conditions.To calculate the CCI, follow these steps:Determine the typical price (TP) for each period, which is the average of the high, low, and closing prices.
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6 min readWilliams %R is a popular technical analysis indicator that can be used for day trading. Developed by renowned trader and author Larry Williams, %R is a momentum oscillator that measures overbought or oversold conditions in the market. It indicates the strength and potential reversal points of a security's price.To use Williams %R for day trading, follow these steps:Understand the indicator: Williams %R is plotted on a scale of -100 to 0.
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9 min readWilliams %R is a technical indicator used in technical analysis to determine whether a market is overbought or oversold. Developed by Larry Williams, it is calculated by comparing the current closing price to the highest high and lowest low over a given time period.To calculate Williams %R, follow these steps:Determine the time period: Decide on the number of periods you want to use to calculate Williams %R.
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7 min readThe Mass Index (MI) is a technical indicator that was developed to identify potential reversals in a stock's price trend. It was created by Donald Dorsey in the 1990s and is based on the concept of measuring the narrowing and widening range between high and low prices over a specified period of time.The Mass Index calculates the rate at which price changes that lead to a trend reversal occur. It focuses on price changes rather than absolute price levels.
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7 min readThe Hull Moving Average (HMA) is a technical indicator that helps traders identify and confirm trends in financial markets. It was developed by Alan Hull and aims to reduce the lag present in other moving averages by taking into account both past and present price data.The HMA calculates the moving average based on a weighted formula that applies more weight to recent data points.
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9 min readThe Mass Index (MI) is a technical indicator that helps identify the potential reversal points in the stock market or any other traded financial instrument. It was developed by Donald Dorsey in the early 1990s and measures the narrowing and widening of a stock's range to predict potential trend changes.The MI is derived from the high and low price ranges of a stock.