Today, we'll test Bollinger Bands. They are a set of three moving averages, all of which have the same calculation period. But the standard deviation (price range) is added to or subtracted from the upper and lower ones.
Today, we’re going to test 3 indicators: Relative Strength Index (RSI), Commodity Channel Index (CCI), and, at our reader's request, Williams %R indicator. What do they have in common, and why have we decided to test them together?
In this article, we’re going to test a classical Moving Average indicator.
What is the domino effect? Simply put, this is a chain reaction where a change of one element triggers similar changes of neighboring and subsequent elements in a linear sequence. Now let’s project this concept on the Forex market.
First you need to understand what does the spread mean in Forex and to be honest, it's not that difficult.
The first time the traders notice the existence of pending orders in the terminal, they often wonder what is the difference between them… Limit Order vs Stop Order, what is their purpose and how to distinguish them?
