Kise FX

02/07/2022

09/02/2017

"Make Traders Great Again"

17/08/2016

Improves your trading with a journal, it will help a lot.

17/06/2016

Average True Range

Last but not least, one of my favorite indicators, the Average True Range or ATR for short. Unlike the other two Oscillators the ATR is useful in anticipating potential rises or falls in volatility. Also unlike the other two, there is no oversold or overbought levels. If the ATR is high it suggests volatility is high. Conversely, if the ATR is low it suggests volatility is low.

How can we use this to predict volatility? We know, of course, that volatility is cyclical. Thus we can assume that when the ATR is at record lows for a prolonged period (point F) it’s a signal that a spike in volatility is coming. And, indeed, we can see volatility did come and we got the big spike.

If we decide to use the support as an entry signal we can ATR to gauge whether there’s a chance our buy trade will have a strong momentum. If the ATR was at a record high when we decide to buy that would have been a cautionary note. Not to entry but because it signals that volatility might fall and that means momentum might have been weak. The same principle, of course, works for a sell signal.

Average True Range

17/06/2016

Fibonacci Indicator

The Fibonacci indicator (aka Fib or Fibo in the forex jargon) is at the top of the platform on the indicators tab and has a little ‘F’ on it. It is based on the Fibonacci sequence theory that starts with 0 and 1. The following numbers are a sum of the last two numbers, so it continues with 1, 2, 3, 5, 8, 13, 21, 34 and so on. The MT4 has made it simple so you don’t have to do any calculations - you just need to know to use it. When there is an uptrend in a forex pair but the price makes a retrace down, such as in the chart below, you think that the retrace is over and you apply the Fibonacci indicator.

The Fibonacci indicator is one of the great tools!

17/06/2016

MACD Indicator

Perhaps the most widely used Oscillator in Forex, the MACD needs no special introduction. What it does need is a proper explanation of how to use it and when.

The idea of MACD is to signal your entry point when you’ve already figured out where the trend is going. It’s not going to alert you to a trend. What that means is that you first have to perform your technical analysis. Once you reach a conclusion, then you can use the MACD.

On MT4, the MACD comes with default parameters (12, 26, 9). 12 represents the fast Exponential moving average, 26 the slow exponential moving average and 9 the Simple MACD average. Usually, when you trade on a daily basis, those parameters are fine.

Now in the chart below we see two points, A and B. In point A, the histogram moved above the average and that is supposed to be a buy signal. But, technical common sense says that a pronged bearish trend cannot end abruptly without some form of double bottom. Hence, one should ignore that signal.

But in point B, that’s a different story. After a double top that hits a resistance level and hits the trend average, there’s a case for a short. But we need to know when. Notice how after the second top the histogram in the MACD falls again below the average? That’s our mark and that is how you use MACD to time your trade. Once again, the lesson here is that Oscillators are for timing, not for point to the pair’s direction.

MACD Indicator

11/10/2015

25/03/2015

1080p Resolution: Only 1920x1080

25/03/2015

Resolution: 3111 x 1928 Clean without watermarks. 6 MP

25/03/2015

Resolution: 1920x1080