How to Use the Awesome Oscillator?
Awesome Oscillator (AO) is named by Bill Williams’ books and is analogous to the MACD indicator. Like MACD, it is a classic oscillator and gives the same signals of the current movement reversal.
Before reading...
How to Trade Harmonic Patterns
Many of you have heard of the Gartley patterns: butterfly, crab, bat, three movements, shark, cipher, and also have seen and used various technical indicators for their search on the charts. Today, we will...
How to Use Zig Zag Indicator in Trading?
One of the important conditions for successful trading is the chart analysis, but many traders face a problem: sometimes small price fluctuations distract attention and can lead to errors in the analysis. It is...
How to Use Aroon Indicator in Trading
The Forex Aroon Oscillator is a fresh technical tool and that is why it is still not included in most trading platforms by default. However, this indicator is very interesting from the perspective of...
Oscillator of Moving Averages MT4 Indicator Explained
The OsMA Indicator (Moving Average of Oscillator) is quite an irregular indicator, the main purpose of which is to identify bearish and bullish divergences (inconsistency between the directions of the oscillator and the price)....
How to Use DeMarker Indicator on the Forex Market?
The Denmark indicator is an oscillator designed to identify the overbought/oversold zones through assessing the current demand and risk levels. The instrument was created by Thomas Demarker, a recognized trader and analyst. Demarker’s ambition...
Profitable Trading Strategy with Alligator Indicator
The market stays still most of the time and spends only 15-30% of the time creating some trends. Many traders get the largest part their profit from these trend moves. Everyone knows that the...
How to Use the ATR Oscillator in Forex Trading?
Average True Range (ATR) is a technical indicator of market volatility. It was developed by Welles Wilder in the book “New Concepts in Technical Trading Systems” and since then is used as an element...
How to Use Bulls Power and Bears Power Indicators on Forex?
The Bears Power Indicator is a classic oscillator determining the strength of market sellers at a certain timeframe. Alexander Elder, a USSR-born American trader developed this simple and convenient tool as a part of...
How to Use the Equity MT4 Indicator?
How do you check your drawdown without connecting to monitoring services? The problem with monitoring services is that their updates may lag up to several hours. Here is where a balance and equity indicator...
