The next technical analysis indicator which should be paid attention to in the process of Forex education is the Parabolic Stop and Reversal System (PSAR). This indicator was developed by the famous trader Welles Wilder, who contributed muc...
The idea of Bollinger Bands Technical Indicator (BB) is similar to MA envelopes, which were discussed in the previous chapter, and are used to identify the optimal points of opening position on Forex and other financial markets. Unlike MA e...
Simple moving average can be transformed into a new tool - moving average envelopes. This tool, like the [[Bollinger bands|Bollinger bands]], is used for the detection of the current price movement boundaries. FormulaThe indicator consists...
