In this post, we’ll go through a Balance of Power Indicator Amibroker AFL Code. The AFL code can be downloaded free of cost and imported into Amibroker. Balance of Power Indicator Overview The Balance of Power is a technical indicator that measures… Continue Reading
The Weekly Breakout Trading Strategy is a popular technical analysis trading strategy that aims to take advantage of the market’s tendency to experience a significant price movement following a period of consolidation. This strategy involves identifying key price levels where… Continue Reading
Master Candle is a proven price action pattern that accurately identifies the possible breakouts in the chart. It’s used by professional traders to speculate market movements and enter long or short trades. We have developed a master candle exploration AFL… Continue Reading
Central Pivot Range (CPR) is one of the most popular indicators for intraday trading. Similar to traditional pivot points, it shows support/resistance levels for the day along with the pivot point. However, the pivot point in the case of CPR… Continue Reading
Breakout of a trading range is considered as one of the most accurate methods for taking positions in the market. It implies strengthening of the momentum and heavy participation in the direction where breakout happens. In this post, we’ll explore… Continue Reading
Ichimoku Cronex Taichi is a modified (read improved) version of the classical Ichimoku indicator. It helps in identifying trends with better accuracy than most of the other trend-following indicators. The Cronex Taichi indicator doesn’t have a cloud envelope similar to… Continue Reading
Fallen Angel Screener is a method to find highly oversold stocks on daily or weekly charts. The stocks filtered through this scanner offers a great buying opportunity. The oversold stocks are scanned by comparing the current close price with the… Continue Reading
Trend Intensity Index (TII) is an oscillator that measures the strength of the current trend for any financial instrument. It can be used independently or in conjunction with other trend-following indicators to accurately gauge the price movements during trending markets.… Continue Reading