Plain-English guides to technical indicators, settings, chart behavior, and practical trading rules for trend following and breakout strategies.
TSLA closed at $242.84 on 4 November 2024. The $248-$250 zone had capped the stock for two sessions, with highs of $248.90 on 4 November and $255.28 on 5 November…
You open your chart at 9:30 AM and price is hovering at a level you did not draw. It bounces off that level twice, then breaks through and accelerates. You…
You draw a support line on your chart. Price touches it, and you feel clever. Then it slices through like the line was never there. The next day, price stalls…
AAPL sells off 12% in three weeks during September 2023. A trader draws Fibonacci retracements from the July high to the August low. The 61.8% level lines up with a…
Most volatility indicators tell you that a big move happened. Bollinger Band Width tells you one is coming. That is the distinction that makes this indicator worth learning. Traders who…
Aroon Oscillator is a trend-focused indicator built from the Aroon Up and Aroon Down lines. Its job is to show whether recent price action is being driven more by fresh…
TRIX is a momentum oscillator built from a triple-smoothed exponential moving average. Its main purpose is to measure the rate of change of that smoothed average rather than the raw…
Vertical Horizontal Filter, usually shortened to VHF, is a trend-strength indicator built to separate directional movement from noisy back-and-forth movement. It does not try to predict the next bar. Instead,…
Choppiness Index is a volatility structure indicator used to judge whether price is moving in a directional way or spending more time chopping sideways. Its main job is not to…
The RMO Indicator, short for Rahul Mohindar Oscillator, is a trend-following tool built to separate long-term market bias from shorter-term timing signals. Its main job is to show whether the…