Ichimoku Scanner: Automating Trend Detection for Better Trading Decisions
Introduction The Ichimoku Cloud Scanner is a technical analysis tool that helps traders identify trend signals, support/resistance levels, and market momentum in real time. By automating Ichimoku Cloud analysis, a scanner allows traders to filter stocks, forex pairs, or cryptocurrencies that meet specific bullish or bearish conditions. What is an Ichimoku Scanner? An Ichimoku Scanner […]
Awesome Oscillator
Introduction to the Awesome Oscillator The Awesome Oscillator (AO) is a flexible momentum indicator. Technical traders use it to forecast trends and reversals. Bill Williams created the AO. It measures the difference between a 34-period and a 5-period median price. The AO oscillates around a zero line. This helps traders identify bullish and bearish moves. […]
Simple Moving Average
Introduction to Simple Moving Average The Simple Moving Average (SMA) is a basic tool in trading and analysis. Beginners and professionals use it. What is an SMA? It is a statistical measure. It analyzes data points by averaging subgroups. The name says it all – it is simple. An SMA is an average of data […]
Bollinger Bands
Introduction to Bollinger Bands Bollinger Bands, developed by John Bollinger in the 1980s, are a popular technical analysis tool used to track market volatility. They consist of a simple moving average (SMA) and two standard deviation lines that bracket an asset’s price. Typically, the moving average is set to 20 periods. Since Bollinger Bands adjust […]
52-Week High/Low
Introduction to 52-Week High/Low The 52-week high/low is an important financial measure. It refers to the highest and lowest price a security has traded at in the past 52 weeks. This period gives investors a snapshot of the past year. It shows the security’s volatility, trend direction, and trend strength. The 52-week high/low is one […]
P/E Ratio
Understanding the Price-to-Earnings (P/E) Ratio The Price-to-Earnings (P/E) ratio is a widely used valuation measure that helps investors assess a company’s stock price relative to its earnings. It indicates how much investors are willing to pay for each dollar of earnings per share (EPS). For example, if a company’s stock price is $50 and its […]
Keltner Channels
Introduction Keltner Channels are a widely used technical analysis tool that measures market volatility and trends. Originally introduced by Chester W. Keltner in his 1960 book How To Make Money in Commodities, they have since been refined and adapted by modern traders across different markets. Keltner Channels consist of three lines: a central moving average […]