Aroon Indicator

Aroon Indicator
The Aroon indicator is used to help traders know when a market is uptrending, downtrending, or is in a range-bound, trendless market. Knowing when a market is trending is very useful, mainly because trend following technical...

Become a Better Trader

Become a Better Trader
It is a well documented fact that within the “business” of trading the financial markets, as much as 90 % of the participants lose and continue to lose money. So if 90 % are losing, that therefore means that 10% are gaining...

Be A Forex Expert

Be A Forex Expert
Any one who has ventured into the real market place would definitely have an idea what a Forex is and share the many promises and possibilities this horizon can bring.What Is Forex?FOREX stands for the very popular Foreign...

Arms Index (TRIN)

Arms Index (TRIN)
volume-based confirmation indicator as well as overbought and oversold indicator. The Arms Index has four components listed below: 1. Advancing Issues on the New York Stock Exchange (NYSE) - $ADV or $NYADV 2. Advancing...

Advance Decline Line

Advance Decline Line
The Advance Decline Line is used primarily to confirm price movement and detect divergences. The calculation of the Advance Decline Line is quite simple:New York Stock Exchange (NYSE) Advancing Issues - NYSE Declining IssuesThe...

Accumulative Swing Index

Accumulative Swing Index
Developed by Welles Wilder in his popular technical analysis book New Concepts in Technical Trading Systems, the Accumulative Swing Index (ASI) is mainly used as a divergence and confirmation tool, but can be used for...