The concepts of trend and flat can be clearly and fully defined. Besides, it is possible to compare the trendiness degree of different instruments as well as of a single instrument on different scales. Such an analysis allows us to evaluate characteristics and features of instruments and construct trading algorithms considering individual behavior of each instrument. Knowing statistical characteristics of an instrument and their change ...
Table of Contents IntroductionGeneral What Are Overbought/Oversold Zones in terms of the Process DynamicsOn Accuracy in Detecting the Overbought/Oversold ZonesConsequences of Entering the Market When in the Overbought/Oversold ZoneEvaluating Losses Related to the Risk of Opening a Position in Overbought/Oversold ZonesConsequences of Exiting the Market When in the Overbought/Oversold Zone Pros and Contras of Using Conventional Indicators to Detect Overbought/Oversold Zones ...
H4 price is on the primary bearish market condition located below Ichimoku cloud: the price is ranging within the following key reversal support/resistance levels: 1.4325 resistance located inside Ichimoku cloud on the border between the primary bearish and the primary bullish on intra-day chart, and1.3947 support located far below Ichimoku cloud in the bearish area. Absolute Strength indicator is estimating the ranging condition, and Trend Strength indicator is forecasting ...
Weekly price is on bearish market condition for ranging between Central Pivot at 10807 and S1 Pivot support at 9190: the price was on breakdown with the bearish reversal in the beginning of this year by Central Pivot crossing from above to below so the price was fully reversed to the primary ebarish market condition. If the price breaks S1 Pivot at 9190 so the bearish breakdown will be continuing, otherwise - ranging bearish within the levels. ...
Daily price located below Senkou Span line which is the border between the primary bearish and the primary bullish trend on the chart: price was inside Ichimoku cloud for the ranging bearish market condition. It was good breakdown movement in the end of the week, and the price is breaking Ichimoku cloud to be reversed from the ranging bearish to the primary bearish condition with 1.0777 support level as the nearest bearish target in this case. If D1 price will break 1.0777 support ...