To invest in Forex traders must know what the Foreign Exchange Market essentially is. The Foreign Exchange Market, also known as the Forex market, is the world’s largest financial accounting for more than $4 trillion average on traded value every day. The Foreign Exchange market is comprised of banks, commercial …
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Trading with the price Rate of Change indicator: all you need to know about it
The Price Rate of Change indicator is a technical oscillator which is often used in the trading analysis. In our previous articles, we have already discussed what the ROC is. Today we shall talk about its usage. Usage of the ROC Oscillator in Technical Analysis The rate of change indicator …
Read moreWhat is a Moving Average Indicator — Explanation, Examples, Best Indicators
Online trading requires a lot of knowledge about various indicators and the ways to use them. One of the main tools is the moving average indicator MT4. It is useful in many ways. We shall talk about what an MA is and what kinds of averages are there. You can …
Read moreWhat Is a Bollinger Band?
The Bollinger bands is a popular tool in forex trading that is applied on the chart to assess the price movement. It is labelled as a trend-following tool that uses three lines: centerline, upper line, and lower line. These bands record the price deviation from the security’s true value. When …
Read moreWhat is the Rate of Change (ROC)?
May be called Momentum, the Rate of Change (ROC) is a pure momentum oscillator. What the ROC calculation does is compare the present price to the previous prices seen through “n” periods. Easily put, the ROC calculates the average rate of change in percentage in price between specific periods. From …
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