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MACD Trading part 2MACD full form: Moving Average Convergence Divergence and is one of the most widely used momentum indicators in technical analysis. Gerald Appel was the creator of this indicator at the end of the 1970s. By computing the distinction between two time period intervals, which are a compilation of historical time series, this indicator is used to define momentum and its directional resilience. MACD uses moving averages of two distinct time intervals (most commonly historical closing prices of securities), and a momentum oscillator line is calculated by deducting the two moving averages, which is also known as 'divergence.'
NSE:COALINDIAEducation
by SkyTradingZone
Are You Using RSI The Right Way ? Most Traders Don't !!!🧠 Are You Using RSI the Right Way? Most Traders Don't! When we talk about the RSI (Relative Strength Index), most traders only look at the traditional levels — overbought at 70 and oversold at 30. But that’s only scratching the surface. 💡 Here’s the real power of RSI: ✅ Bullish Bias Above 50 ❌ Bearish Bias Below 50 Let me explain 👇 📊 Traditional Way (Often Misleading): Most beginners buy when RSI is below 30 (thinking it’s oversold) and sell when RSI is above 70 (thinking it’s overbought). But markets can stay oversold or overbought for a long time — leading to early entries or false signals. ⚡ Smarter Way — Focus on the RSI Mid-Level (50): * When RSI is above 50, momentum favors the bulls — it’s better to look for long setups. * When RSI is below 50, momentum favors the bears — better to focus on short opportunities. This approach helps you stay in sync with the dominant market trend and improves your trading timing. 🎯 Tip: Use RSI 50-level as a trend filter for your strategy. Combine it with price action or moving averages for stronger entries. 📌 Try it out on your favorite stock, crypto, or forex pair and see the difference for yourself. 💬 Let me know in the comments: Were you using RSI the right way before this? Disclaimer : This post is not financial advice, it's for educational purposes only highlighting the power of indicators and tools available in TradingView.
OANDA:XAUUSDEducation
by Shivam_Mandrai
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