Is it possible? Can we really measure whether a currency pair, or anything trade-able for that matter, is trending? I have tried many different Trend Strength Indicators in the past, such as Average Directional Index or ADX, Moving Average Convergence Divergence or MACD, Moving Average Crossovers, Relative Strength Index or RSI and a few other…
Category: ZScore Indicator Suite
Volume ~ The Fuel of Price
Surfing and Trading have a lot in common. In order for decent size, rideable waves to arrive at the shore, a swell must be in the outer seas, only then gives surfers a guarantee of finding good waves at the beach. Similarly in order for price to sustain a decent move worth riding, volume must…