What is Stochastic Oscillator and how to trade it successfully?

What is Stochastic Oscillator? Stochastic Oscillator is a popular momentum indicator, widely known by market participants for its invaluable representation of the overbought and oversold status of the market. This indicator was developed by a famous financial analyst, Dr. George Lane in the 1950s. According to Dr. Lane, the stochastic oscillator is a combination of price cycles, … Read more

What is Ichimoku Cloud and a simple method to use it?

What is the Ichimoku Cloud? Ichimoku Cloud is a moving average-based forex trading indicator which was developed in 1930 by Goichi Hosoda, a journalist of a Japanese newspaper. He analyzed this indicator for 30 years and published his findings in the late 1960s. Traders consider Ichimoku Cloud as a versatile indicator because it works to … Read more

What is Parabolic SAR and How to Use it Profitably?

Parabolic SAR means Parabolic Stop and Reverse which was developed by J. Welles Wilder, Jr. This tool is also known as a trend-following indicator. It is used to define signals of potential reversals of price direction. It is also used to set the trailing stop in order to determine the entry or exit points based on … Read more

What is MACD and how to use it to trade profitably

Moving Average Convergence Divergence (MACD) was developed by Gerald Appel in the late 1970s. He later published details about this indicator through his book named ‘The Moving Average Convergence Divergence Trading Method’. Currently, MACD is widely used as a reliable trading indicator by millions of traders is the financial markets around the world. Moreover, its … Read more

RSI Trading Strategies and Limitations

In 1978 J. Welles Wilder developed the RSI indicator and introduced it in his seminal book, New Concept in Technical Trading Systems. The basic concept of the RSI is that it has two main values: 70 or above indicates that the market is being overbought. 30 or below indicates that the market is being oversold. What … Read more

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