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12 min readThe Chandelier Exit is a popular technical analysis tool used in trading. It is essentially a volatility-based exit strategy that helps traders determine when to exit a trade or place a stop-loss order. The concept behind the Chandelier Exit is to protect profits and limit losses by following price movements.The Chandelier Exit indicator was developed by the renowned trader Chuck LeBeau.
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6 min readWhen it comes to refilling a hydration pack during an activity, you will need to follow a few steps to ensure a smooth and efficient process. First, find a suitable water source such as a stream, river, or water fountain. Ensure that the water source is clean and safe for consumption.Next, remove the hydration pack from your back using the straps or clips. Lay it flat on a clean surface, making sure that the opening is easily accessible.
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7 min readTo properly clean a hydration pack, follow these steps:First, empty the pack completely and detach any removable components like the reservoir, bite valve, and hoses.Pour out any remaining water from the reservoir and rinse it with warm water to remove any dirt or residue. Avoid using hot water as it may damage the reservoir.To clean the reservoir, use a mild soap or a specialized cleaning tablet made for hydration packs.
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14 min readThe Detrended Price Oscillator (DPO) is a technical indicator used in financial markets to identify the underlying trend of an asset's price. It calculates the difference between a specific price point and a moving average of the price. Unlike other oscillators, the DPO aims to eliminate the short-term price fluctuations and noise caused by market volatility and focus solely on the longer-term trends.
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13 min readThe Chaikin Oscillator is a technical analysis tool used in trading to measure and predict possible changes in a financial asset's price momentum. It was developed by Marc Chaikin, an American stockbroker, in the 1980s.The Chaikin Oscillator is derived from the Accumulation Distribution Line (ADL), which measures buying and selling pressure by considering the relationship between the asset's price change and volume.
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16 min readFibonacci retracements are a popular tool used in technical analysis by traders to identify potential levels of support and resistance in financial markets. These levels are calculated based on Fibonacci ratios, which are derived from the Fibonacci sequence—a series of numbers where each number is the sum of the two preceding numbers (e.g., 0, 1, 1, 2, 3, 5, 8, 13, 21, and so on).
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14 min readWilliams %R, also known as the Williams Percent Range, is a popular technical indicator used by traders to identify overbought and oversold levels in a market. Developed by Larry Williams, this oscillator measures the potential strength of a price movement within a specific period of time. By using Williams %R, traders can gain insights into the momentum of a security and make informed trading decisions.
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11 min readThe Force Index (FI) is a technical analysis tool used by traders to gauge the strength of price movements and identify the potential reversal points in the market. It was developed by Dr. Alexander Elder.To trade with the Force Index, traders typically follow these steps:Calculation: The Force Index is calculated using three components - price change, trading volume, and a time period.
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18 min readThe Mass Index (MI) is a technical indicator used in stock trading to identify potential reversals in trends. Developed by Donald Dorsey in the 1990s, it is primarily used to detect range expansions and reversals in price movements. The Mass Index measures the volatility within a specific time period and provides valuable insights into potential price reversals.
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11 min readRate of Change (ROC) is a fundamental concept in mathematics and physics that measures the ratio at which one quantity changes in relation to another quantity. Specifically, it calculates the percentage change in a variable over a specified time period.ROC is widely used in various fields, including finance, economics, physics, and engineering. In finance and economics, it is a popular tool for analyzing price movements in stocks, commodities, and other assets.
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15 min readAcceleration Bands are a technical analysis tool that can be used in swing trading to identify potential price reversals and momentum shifts. These bands are based on the concept of volatility and are designed to capture the acceleration or deceleration in price movements.To use Acceleration Bands in swing trading, first, you need to calculate the High and Low range bands. These bands represent the upper and lower boundaries within which the price movement is expected to stay.