Understanding Forex Position Scaling or Lot Scaling
Forex lot scaling or position scaling is an advanced concept in position management, often used by experienced traders. Falling under the purview of risk management, […]
Month: March 2013
What is the Parabolic SAR Indicator
Parabolic SAR, short for Stop and Reverse is a technical indicator developed by J. Welles Wilder. The PSAR indicator is used to primarily determine the […]
Basics of Commitment of Traders Report
Commitment of Traders report or COT report for short is a weekly report published by the CFTC for mandatory disclosure of trade positions from the institutional traders. Often considered to level the playing field, the CoT report is published every Friday for data from the previous Tuesday.
Introduction to Schaff Trend Cycle
The Schaff Trend Cycle was discovered by Doug Schaff and is used to identify cycles within the market. Relatively new, having been discovered in 2008, the STC represents overbought/oversold market conditions and is known to be leading, compared to the MACD to identify potential changes in cycles within a trend.
Introduction to Williams Percent Range Indicator
The Williams Percent Range indicator or %R is a momentum oscillator and works similar to Stochastics, with a small difference and is considered as a leading indicator. The %Range indicator does not have the smoothing factor which can be seen with Stochastics oscillator.
Introduction to Average True Range
The Average True Range is a technical analysis indicator, developed by J. Welles Wilder. It is used to measure market volatility and works as an oscillator. The ATR is calculated based on the price’s true range (the high and the low prices) and represents market noise.