A hybrid indicator Traders Dynamic Index was created by the usual trader Dan Malone and is based on the classic tools (RSI, Bollinger Bands, and Moving Average).
The indicator performs a full-fledged market analysis. With the TDI, you can estimate:
• Trend Directions
• Trend force and the range of volatility
• Critical overbought/oversold zones
⚠️ The TDI indicator is recommended to use on assets with stable volatility − major currency pairs and base crosses. The working period should be not less than H1-H4, confidence in signals on timeframes less than H1 is low.
The TDI indicator is quite effective as an independent tool for trend analysis and is also used in conjunction with other indicators and filters to create more reliable trading systems.
📃 Full article on TDI: https://bit.ly/2QSOnvx
The indicator performs a full-fledged market analysis. With the TDI, you can estimate:
• Trend Directions
• Trend force and the range of volatility
• Critical overbought/oversold zones
⚠️ The TDI indicator is recommended to use on assets with stable volatility − major currency pairs and base crosses. The working period should be not less than H1-H4, confidence in signals on timeframes less than H1 is low.
The TDI indicator is quite effective as an independent tool for trend analysis and is also used in conjunction with other indicators and filters to create more reliable trading systems.
📃 Full article on TDI: https://bit.ly/2QSOnvx
FALSE TRADING GOALS
1️⃣ 𝗠𝗼𝗻𝗲𝘆 𝗮𝘀 𝘁𝗵𝗲 𝗺𝗮𝗶𝗻 𝗴𝗼𝗮𝗹. The desire to make a profit is quite reasonable, but money should not be the only goal. Your goal is to get a stable profit in any market.
2️⃣ 𝗣𝗲𝗿𝘀𝗼𝗻𝗮𝗹 𝗮𝗺𝗯𝗶𝘁𝗶𝗼𝗻𝘀. The destructive desire to be the best (to earn more than others, to prove something to someone) can become a threat even for experienced traders. The cure for this problem should be sought in psychology and control of emotions.
3️⃣ 𝗡𝗼𝗻-𝗰𝗼𝗺𝗽𝗹𝗶𝗮𝗻𝗰𝗲 𝗼𝗳 𝘁𝗵𝗲 𝗴𝗼𝗮𝗹𝘀 𝘄𝗶𝘁𝗵 𝘁𝗵𝗲 𝗰𝘂𝗿𝗿𝗲𝗻𝘁 𝗺𝗮𝗿𝗸𝗲𝘁. All trading goals must be adaptive because the market is volatile. Those ideas, methods, strategies that worked yesterday can become ineffective under the new conditions.
1️⃣ 𝗠𝗼𝗻𝗲𝘆 𝗮𝘀 𝘁𝗵𝗲 𝗺𝗮𝗶𝗻 𝗴𝗼𝗮𝗹. The desire to make a profit is quite reasonable, but money should not be the only goal. Your goal is to get a stable profit in any market.
2️⃣ 𝗣𝗲𝗿𝘀𝗼𝗻𝗮𝗹 𝗮𝗺𝗯𝗶𝘁𝗶𝗼𝗻𝘀. The destructive desire to be the best (to earn more than others, to prove something to someone) can become a threat even for experienced traders. The cure for this problem should be sought in psychology and control of emotions.
3️⃣ 𝗡𝗼𝗻-𝗰𝗼𝗺𝗽𝗹𝗶𝗮𝗻𝗰𝗲 𝗼𝗳 𝘁𝗵𝗲 𝗴𝗼𝗮𝗹𝘀 𝘄𝗶𝘁𝗵 𝘁𝗵𝗲 𝗰𝘂𝗿𝗿𝗲𝗻𝘁 𝗺𝗮𝗿𝗸𝗲𝘁. All trading goals must be adaptive because the market is volatile. Those ideas, methods, strategies that worked yesterday can become ineffective under the new conditions.
The Momentum indicator has always been regarded as an excellent gauge of the market strength. Visually, it represents a curve, the fluctuations of which make it possible to predict the moment of a trend reversal. 📉 ⤴️
Like any oscillator, Momentum gives an incorrect response to the speculative price swings, e.g., during the news period or at the opening/closing of trading sessions.
It means that for high efficiency, the Momentum indicator must be carefully tested for the specific conditions: trading asset, volatility, period, the influence of the fundamental factors.
⚠️ The indicator cannot be used for scalping. Its forecasts only make sense for long-term trading and only as part of an integrated trading system. For example:
• Momentum + Envelopes
• Momentum + MA
⭐ More info on the Momentum parameters and trading signals: https://bit.ly/3hfC736
Like any oscillator, Momentum gives an incorrect response to the speculative price swings, e.g., during the news period or at the opening/closing of trading sessions.
It means that for high efficiency, the Momentum indicator must be carefully tested for the specific conditions: trading asset, volatility, period, the influence of the fundamental factors.
⚠️ The indicator cannot be used for scalping. Its forecasts only make sense for long-term trading and only as part of an integrated trading system. For example:
• Momentum + Envelopes
• Momentum + MA
⭐ More info on the Momentum parameters and trading signals: https://bit.ly/3hfC736
🇦🇺 The Australian dollar is an ideal asset for intraday or medium-term trading, but not for scalping: speculation on the Aussie requires special caution, but it can also be very profitable with strict money management.
The most liquid Aussie assets are AUD/USD, AUD/JPY, AUD/NZD and EUR/AUD. Their volatility is always confirmed by real volumes, and the spreads for these currency pairs are quite reasonable. The peak of activity is observed during the Asian trading session.
The main AUD/USD pair is seriously influenced by national statistics (GDP, inflation, unemployment, CPI, PMI), as well as similar data from the USA, Japan, China, statements and comments by officials in these countries.
📈 AUD/USD lends itself perfectly to classic technical analysis, steadily fulfilling standard graphic patterns, support/resistance levels.
Classic trending strategies are a priority for AUD assets, and the simpler, the more reliable.
📝 Here you can find more info on AUD: https://bit.ly/3cecLlh
The most liquid Aussie assets are AUD/USD, AUD/JPY, AUD/NZD and EUR/AUD. Their volatility is always confirmed by real volumes, and the spreads for these currency pairs are quite reasonable. The peak of activity is observed during the Asian trading session.
The main AUD/USD pair is seriously influenced by national statistics (GDP, inflation, unemployment, CPI, PMI), as well as similar data from the USA, Japan, China, statements and comments by officials in these countries.
📈 AUD/USD lends itself perfectly to classic technical analysis, steadily fulfilling standard graphic patterns, support/resistance levels.
Classic trending strategies are a priority for AUD assets, and the simpler, the more reliable.
📝 Here you can find more info on AUD: https://bit.ly/3cecLlh
Hey! The Autumn Sale is here https://bit.ly/35QFgnU 🍁🍂
Enjoy falling prices on our website and learn how to deal with the Forex ones! 📈
🎁 Don't forget to use a special coupon for +10% off: AUTUMNFTTG2020
Enjoy falling prices on our website and learn how to deal with the Forex ones! 📈
🎁 Don't forget to use a special coupon for +10% off: AUTUMNFTTG2020
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HAPPY WEDNESDAY! 🤩🔥
Hurry up to get an additional 10% discount on any product on the website: https://bit.ly/3b1LYIu
✨Your magic coupon code is WEDFTNESS2309
The offer is valid for 24 hours!
Hurry up to get an additional 10% discount on any product on the website: https://bit.ly/3b1LYIu
✨Your magic coupon code is WEDFTNESS2309
The offer is valid for 24 hours!
Hey guys! What do you think about having a call with us?
We would like to get to know you better and learn about your experience with Forex Tester. Help us to become the best for you!
You, in turn, can ask us about any Forex Tester capability and get a detailed answer. In gratitude for the time spent, you will also receive a special discount on any product you want!
We would like to get to know you better and learn about your experience with Forex Tester. Help us to become the best for you!
You, in turn, can ask us about any Forex Tester capability and get a detailed answer. In gratitude for the time spent, you will also receive a special discount on any product you want!
The Accumulation/Distribution indicator is actively used in both stock and currency markets to confirm price changes by measuring the relevant trading volume.
⚠️ The main problem of the indicator is the incorrect accounting of price gaps. A few gaps in a row cause a significant error in the calculations.
The A/D indicator can be useful in the following cases:
🔸 𝗧𝗿𝗲𝗻𝗱 𝗰𝗼𝗻𝗳𝗶𝗿𝗺𝗮𝘁𝗶𝗼𝗻: a bullish trend should be accompanied by an increase in the A/D line, while bearish, with a decrease.
🔸 𝗦𝗲𝗮𝗿𝗰𝗵 𝗳𝗼𝗿 𝗴𝗿𝗮𝗽𝗵𝗶𝗰 𝗽𝗮𝘁𝘁𝗲𝗿𝗻𝘀: «Triangle» or «Double Top-Bottom», MA breakdown or trend line.
🔸 𝗗𝗶𝘃𝗲𝗿𝗴𝗲𝗻𝗰𝗲: bullish — deals for sale, bearish — deals for purchase.
The A/D indicator is not suitable as a separate trading tool. We recommend using A/D with RSI — both indicators don't have an averaging mechanism in their calculations, and such a system gives signals as quickly as possible. The combination of A/D and Awesome Oscillator is also possible.
Read the 𝗳𝘂𝗹𝗹 𝗮𝗿𝘁𝗶𝗰𝗹𝗲 on A/D: https://bit.ly/3lOkNVr
⚠️ The main problem of the indicator is the incorrect accounting of price gaps. A few gaps in a row cause a significant error in the calculations.
The A/D indicator can be useful in the following cases:
🔸 𝗧𝗿𝗲𝗻𝗱 𝗰𝗼𝗻𝗳𝗶𝗿𝗺𝗮𝘁𝗶𝗼𝗻: a bullish trend should be accompanied by an increase in the A/D line, while bearish, with a decrease.
🔸 𝗦𝗲𝗮𝗿𝗰𝗵 𝗳𝗼𝗿 𝗴𝗿𝗮𝗽𝗵𝗶𝗰 𝗽𝗮𝘁𝘁𝗲𝗿𝗻𝘀: «Triangle» or «Double Top-Bottom», MA breakdown or trend line.
🔸 𝗗𝗶𝘃𝗲𝗿𝗴𝗲𝗻𝗰𝗲: bullish — deals for sale, bearish — deals for purchase.
The A/D indicator is not suitable as a separate trading tool. We recommend using A/D with RSI — both indicators don't have an averaging mechanism in their calculations, and such a system gives signals as quickly as possible. The combination of A/D and Awesome Oscillator is also possible.
Read the 𝗳𝘂𝗹𝗹 𝗮𝗿𝘁𝗶𝗰𝗹𝗲 on A/D: https://bit.ly/3lOkNVr
A scary holiday is coming! 👻
If you’re on the hunt for some spooktacular offers, we’ve got what you want – the Halloween sale on our website https://bit.ly/3jGSUNE ! 🎃 Get an additional 10% off using the coupon code «BOOTGSALE666» and save even more on the backtesting software, historical data, upgrades and bundles!
Let the candles light up your path full of market tricks and point out where the real treat is! 🍭🍬
If you’re on the hunt for some spooktacular offers, we’ve got what you want – the Halloween sale on our website https://bit.ly/3jGSUNE ! 🎃 Get an additional 10% off using the coupon code «BOOTGSALE666» and save even more on the backtesting software, historical data, upgrades and bundles!
Let the candles light up your path full of market tricks and point out where the real treat is! 🍭🍬
Great news for our Spanish-speaking friends!
On November 9 at 18:00 CET (GMT+01:00), Codigo Trading Academy, together with the Forex Tester team, will hold a FREE webinar "How to test strategies using Forex Tester 4".
The webinar in Spanish will be moderated by our good partner, experienced trader and trainer David Potau. He will tell you about numerous exciting tricks and real cases. The webinar will be useful for traders of all levels, regardless of whether they have already encountered Forex Tester.
During the webinar, we will discuss the following questions:
- How to set up the Forex Tester 4 software
- How to download historical data
- How to prepare for accurate market simulation
- Mistakes that are important to avoid
- Backtesting data analysis
Besides, webinar participants will receive GIFTS and DISCOUNTS from Forex Tester.
Follow the link and register for the webinar
https://bit.ly/2GvOxHT
On November 9 at 18:00 CET (GMT+01:00), Codigo Trading Academy, together with the Forex Tester team, will hold a FREE webinar "How to test strategies using Forex Tester 4".
The webinar in Spanish will be moderated by our good partner, experienced trader and trainer David Potau. He will tell you about numerous exciting tricks and real cases. The webinar will be useful for traders of all levels, regardless of whether they have already encountered Forex Tester.
During the webinar, we will discuss the following questions:
- How to set up the Forex Tester 4 software
- How to download historical data
- How to prepare for accurate market simulation
- Mistakes that are important to avoid
- Backtesting data analysis
Besides, webinar participants will receive GIFTS and DISCOUNTS from Forex Tester.
Follow the link and register for the webinar
https://bit.ly/2GvOxHT