THE TURTLE DONCHIAN CHANNEL: The FASTEST & Most AGGRESSIVE Trending Indicators Alternatives to the Moving Average. Turtle Channel systems are based on the method made famous by Richard Dennis in the Turtle Trader experiment of the 1980’s. Turtle Channels look very similar to the ATR Stops. They will provide similar information much of the time, but[…]
The MACD is one of the most powerful trend following and momentum indicator. The MACD is a commonly used technical indicator. As stated, the acronym stands for Moving Average Convergence Divergence. Let’s move forward to the most important part of this trading strategy. the buy, or sell rules of the MACD Trendline Breakout Strategy.[…]
Unlike the STOCHASTICS, RSI, or CCI, there are no predetermined overbought or oversold levels in the MACD oscillator. However, the trick is to compare the highs and lows in MACD to price action in relation to previous high and lows. In doing so, you can easily find convergence and divergence. The best way to use[…]
Super Woodies CCI is based on the the standard Commodity Channel Index. The CCI is an indicator which comes pre-installed on metatrader platforms and is an oscillator originally introduced by Donald Lamber in the 80s. It is a typical oscillating indicator where above a certain level it is considered overbought and below, oversold. DOWNLOAD INDICATOR[…]
