Support and resistance indicators are tools used in technical analysis to identify levels at which the price of an asset is likely to encounter support or resistance. Support levels are levels at which buying pressure is expected to be sufficient to prevent the price of an asset from falling further, while resistance levels are levels at which...

Rate of Change (ROC) is a technical indicator that measures the percentage change in price between the current price and a past price. It is also known as Price Rate of Change (PROC).The formula for calculating the ROC is:ROC = (Current price - Price n periods ago) / (Price n periods ago) x 100Where "n" is the number of periods chosen by the t...

Momentum indicators are technical analysis tools used to measure the rate of change or the strength of the price movement of an asset over a given period. These indicators help traders identify potential trend reversals and market entry/exit points.Some of the popular momentum indicators used in Forex trading include:Relative Strength Index (R...

The Money Flow Index (MFI) is a momentum indicator that measures the flow of money into and out of a security over a specified period. It was developed by Gene Quong and Avrum Soudack, and is based on the concept of the Relative Strength Index (RSI).The MFI uses both price and volume data to determine buying and selling pressure. It calculates...

The Chaikin Oscillator is a volume-based technical analysis indicator that measures the accumulation/distribution line of a security. It is named after its creator, Marc Chaikin.The Chaikin Oscillator calculates the difference between two moving averages of the Accumulation/Distribution Line. The Accumulation/Distribution Line is a volume-base...

The Volume Price Trend Indicator (VPT) is a technical analysis tool used to analyze the relationship between volume and price movements in the financial markets. It is based on the principle that changes in volume precede changes in price.The VPT is calculated by multiplying the volume of a given period by the percentage change in price from t...

On-Balance Volume (OBV) is a technical analysis indicator that measures buying and selling pressure by adding the volume on up days and subtracting the volume on down days. It is based on the premise that changes in volume can be used to predict price movements. OBV is calculated by adding the volume to a running total when the price closes hi...

Volume indicators are technical analysis tools that use the trading volume of an asset to provide insights into the strength of a trend or the likelihood of a reversal. These indicators can be used in any market, including the forex market, and can provide valuable information to traders looking to make informed decisions.There are several vol...

Donchian Channels are a technical indicator used in trading to measure market volatility and identify potential trends. They are named after Richard Donchian, who is often referred to as the father of trend following.The Donchian Channel consists of three lines: an upper line, a lower line, and a middle line. The upper line represents the high...

Bollinger Bands is a technical analysis tool that is used to measure the volatility of a financial asset, such as a currency pair in Forex trading. It was developed by John Bollinger in the 1980s and consists of a set of three lines, typically plotted on top of the price chart.The middle line is a moving average, typically a 20-period simple m...