This article is devoted to using two indicators: Bulls Power and Bears Power – in financial markets. These indicators are meant for measuring the strength of trends.
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In this overview, we will discuss the use of the Force Index. This indicator from the group of oscillators was designed and first applied to trading by a famous market expert Alexander Elder.
Let us talk about such a thing as goal-setting in trading. Earlier, my colleague has already touched on this topic in his post👇, which is a practical guide to setting goals in trading. In this post I decided to return to this topic and will try to delve into this problem from psychological side.
In this review, we will discuss a trading strategy called Triple Screen, designed by a popular trader and author Alexander Elder. This is one of the most famous strategies suitable for all financial markets.
The MACD is one of the most popular technical indicators. It is included into most trading platforms for financial and commodity markets. The indicator was created almost 40 years ago by Gerald Appel. It was first used in 1979. MACD is an abbreviation of the phrase Moving Average Convergence/Divergence.