RSI is an indicator and just follow the price. You should be patient and wait for a clear break of its trend line. Maybe sometimes, you should wait to see how the first candle acts after the breakout and after that take your trade. But remember that we only use indicators to support what we[…]
Heiken Ashi is a modified candlestick charting technique that rearranges how the price is displayed. Basically, Heiken Ashi charts make candlestick charts more readable for traders who want to know when to stay in a trade and ride a strong trend, and when to get out when the trend weakens. 0. Heiken Ashi Smoothed[…]
There are some awesome features in the Bollinger Bands that can not be found in any other indicator. Before talking about the the way we can use Bollinger Bands, lets see what kind of indicator it is, and how it looks like. If you don’t have Bollinger Bands on your chart, please add them and[…]
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