A 'Supertrend' indicator is one, which can give you precise buy or sell signal in a trending market. As the name suggests, 'Supertrend' is a trend-following indicator just like moving averages and MACD (moving average convergence divergence). It is plotted on prices and their placement indicates the current trend.The buy and sell signals are generated when the indicator starts plotting either on top of the closing price or below the closing price...
This outstanding reference has already taught thousands of traders the concepts of technical analysis and their application in the futures and stock markets.Covering the latest developments in computer technology, technical tools, indicators, the second edition features new material on candlestick charting and inter-market relationships (including the-art examples and figures).From how to read charts to understanding indicators and the crucial ro...
If you are looking for a technical tool reference book for your investing/trading library this is the one. This book covers (in alphabetical order) every trading tool like, trend lines, volume, stochastics, Williams %R, every kind of moving average, candlestick charting, decline/advance, oscillators and just about everything else you will run across in trading stocks.The author gives an overview of the indicator, the interpretation, an example, a...