Category: Technical Analysis (TA)
Universal Principles of Successful Trading Review
This is a review of the trading book, “Universal Principles of Successful Trading: Essential Knowledge for All Traders in All Markets“, by Steve Burns. This book is excellent for traders that are ready for it. You need a foundation in trading to understand its importance and take the principles seriously. Once you are through the [...]
Parabolic SAR Indicator
The Parabolic SAR indicator was developed by J. Welles Wilder. The indicator shows dots below the current price bars if there is an up-trend, and vice versa. The formula for this indicator is complex, but is described in great detail in Wilder’s revolutionary book, New Concepts in Technical Trading Systems. How To Trade Using The [...]
How To Perform Line Studies in MetaStock
Metastock is an essential tool to the serious stock trader because of the charts and TA analysis that it easily provides of your stocks. You may be a stock investor, a stock trader, a professional, or an amateur, but the insight and analysis that Metastock opens up to you is invaluable and can save you [...]
How To Apply Indicators To Charts in MetaStock
Metastock is an essential tool to the serious stock trader because of the charts and TA analysis that it easily provides of your stocks. You may be a stock investor, a stock trader, a professional, or an amateur, but the insight and analysis that Metastock opens up to you is invaluable and can save you [...]
How To Use Templates and Layouts in MetaStock
Metastock is an essential tool to the serious stock trader because of the charts and TA analysis that it easily provides of your stocks. You may be a stock investor, a stock trader, a professional, or an amateur, but the insight and analysis that Metastock opens up to you is invaluable and can save you [...]
How To Open Securities in MetaStock
Metastock is an essential tool to the serious stock trader because of the charts and TA analysis that it easily provides of your stocks. You may be a stock investor, a stock trader, a professional, or an amateur, but the insight and analysis that Metastock opens up to you is invaluable and can save you [...]
Introduction To MetaStock Trading Software
Metastock is an essential TA tool to the serious stock trader because of the charts and TA analysis that it easily provides of your stocks. You may be a stock investor, a stock trader, a professional, or an amateur, but the insight and analysis that Metastock opens up to you is invaluable and can save [...]
Moving Average Convergence-Divergence (MACD) Indicator
The Moving Average Convergence-Divergence (MACD) is a simple and effective indicator based on (as the name implies) moving averages. What it does is to take the longer moving average (usually the 26-day Exponential Moving Average) and subtract it from the shorter moving average (usually the 12-day Exponential Moving Average). The reason for these moving averages [...]
Fractals
One of the main problems with trading the markets is accuracy. While trading may be profitable, it’s finding a system that produces consistent gains that is usually the hard part. One way to increase your trading accuracy is not to trade against the market, but to trade with it, by following the trends that the [...]
Fibonacci Retracement
Fibonacci retracement (pronounced fib-on-arch-ee) is a very popular technical analysis tool. In fact, it’s a key tool that technical traders use, which makes it even more powerful since it becomes a self-fulfilling prophecy (the more people who use the tool, the more effective the tool will become). Fibonacci retracement is based on the key numbers [...]
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