As always, comments are welcomed and encouraged. Personally, I use the space between 20 50 EMA to define the area of value. RSI Momentum Arrows, this indicator is based on RSI (Relative Strength Index) and Momentum indicators.
To be honest, I wasnt a moving average trading strategy fan in my early years of trading.
I had thoughts like Indicators are useless because its lagging.
Indicators are for newbies.
8 years later I can tell you,.
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Welles Wilder to measure the speed and change of price movements. Figure 9: Go with the trend when the price and the indicator agree. Heres an example: So, youre probably thinking: How can I better define a trend objectively? Bugatti Veyron or Toyota Vios. ETFs can be bought and sold like common stock on a stock exchange. In the money Calls are in the money if the price of the underlying instrument is higher than the strike price. When price swings down, RSI also swings down.
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