Volume is a very powerful indicator for evaluating trend strength and predicting the continuation and reversal of trends. Compared to indicators that are calculated using price and therefore act after price, the volume indicator precedes price and therefore can produce very strong trading signals and analysis.
When trading FOREX with indicators it is important to differentiate between leading and lagging indicators. This separation is important for a thorough understanding of the markets and trading, and also for ensuring that one is not trading with correlative indicators. In this article you will learn to identify leading and lagging indicators for improved performance.
Free Indicator that generates buy\sell signals that are based on a touch of Bollinger Bands. The indicator uses Bollinger Bands from upper time frames to produce stronger signals.
The Stochastic Oscillator is a classical indicator, one of the few leading indicators available to traders. Its main strength is that it is based on Support and Resistance and therefore generates stronger signals than most indicators.
Recent Comments