Cup and Handle Pattern
Mario Sant Singh at Ask Mario Singh Blog
What is a Cup and Handle Pattern? The cup with handle formation seems pretty common at first glance, but once we apply certain filtering criteria in order to get an acceptable trade success rate, the actual number of “true” cup with handle patterns drops off considerably. As a result, many of the implied relationships have [ Read More ]
Symmetrical Triangle Pattern
Mario Sant Singh at Ask Mario Singh Blog
What is a Symmetrical Triangle Pattern? This pattern shows two converging trendlines (support levels & resistance levels) and is (1) a bearish formation that usually forms during a currency pair downtrend as a continuation pattern (downtrend will continue) or (2) a bullish formation that usually forms during a currency pair uptrend as a continuation pattern [ Read More ]
Awesome Oscillator
Mario Sant Singh at Ask Mario Singh Blog
What is Awesome Oscillator? Awesome Oscillator Technical Indicator (AO) is a 34-period simple moving average, plotted through the middle points of the bars (H+L)/2, which is subtracted from the 5-period simple moving average, built across the central points of the bars (H+L)/2. It shows us quite clearly what’s happening to the market driving force at [ Read More ]
Moving Average of Oscillator
Mario Sant Singh at Ask Mario Singh Blog
What is Moving Average of Oscillator? Moving Average of Oscillator is actually the histogram of the traditional MACD. Click the image to enlarge In summary, the combination of the MT4 version of MACD and the Moving Average of Oscillator is the traditional MACD. Get FREE 1-on-1 coaching by Mario's teamwith your FXPRIMUS Live Account: Related posts: 1. Moving Average Convergence/Divergence (MACD) 2. Question from Lourdes: I use Parabolic SAR, the Stochastic Oscillator, Moving Average Convergence/Divergence (MACD), etc. Could you please advise me on what I am lacking? ... more »
Ichimoku Kinko Hyo
Mario Sant Singh at Ask Mario Singh Blog
What is Ichimoku Kinko Hyo? Ichimoku Kinko Hyo Technical Indicator is predefined to characterize the market Trend, Support and Resistance Levels, and to generate signals of buying and selling. The Ichimoku indicator is comprised of five lines called the Tenkan-sen, Kijun-sen, Senkou span A, Senkou span B and Chikou span. • Tenkan-sen (red line) is [ Read More ]
Force Index
Mario Sant Singh at Ask Mario Singh Blog
What is Force Index? Force Index Technical Indicator was developed by Alexander Elder. This index measures the Bulls Power at each increase, and the Bulls Power at each decrease. It connects the basic elements of market information: price trend, its drops, and volumes of transactions. This index can be used as it is, but it [ Read More ]
Envelopes
Mario Sant Singh at Ask Mario Singh Blog
What are Envelopes indicator? Envelopes Technical Indicator is formed with two Moving Averages one of which is shifted upward and another one is shifted downward. The selection of optimum relative number of band margins shifting is determined with the market volatility: the higher the latter is, the stronger the shift is. Envelopes define the upper [ Read More ]
DeMarker
Mario Sant Singh at Ask Mario Singh Blog
What is a DeMarker indicator? Demarker Technical Indicator is based on the comparison of the period maximum with the previous period maximum. If the current period (bar) maximum is higher, the respective difference between the two will be registered. If the current maximum is lower or equaling the maximum of the previous period, the naught [ Read More ]
Bullish Engulfing Pattern
Mario Sant Singh at Ask Mario Singh Blog
What is a Bullish Engulfing Pattern? Bullish Engulfing Pattern is a pattern characterized by a large white real body engulfing a preceding small black real body, which appears during a downtrend. The white body does not necessarily engulf the shadows of the black body but totally engulfs the body itself. The Bullish Engulfing Pattern is [ Read More ]

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