The Average True Range Indicator Strategy Guide
This post is written by Jet Toyco, a trader and trading coach. The Average True Range indicator is one of the most popular technical indicators out there. It’s usually used for setting stop loss and measuring volatility. However, this trading guide will give you a masterclass on how to understand and use the Average True […]
The Definitive Guide to Price Action Backtesting
1. Are your plots relevant to the current price? Alright, look. If the current market price is here: There’s no point in plotting every single support & resistance and trend line you see. Why? Because by the time you get out of your trade, there’s a low chance that price is likely to reach those […]
The Definitive Guide to Trading Breakouts
This post is written by Jet Toyco, a trader and trading coach. Whenever you read or watch a market analysis report… You’ll always hear something like: “This stock is about to breakout!” “Anticipate a breakout here on this currency pair!” “This crypto coin has broken out, hold!” Sounds familiar? Now, of course… Reading those breakout […]
A Complete Guide To Creating And Using A Forex Trading Journal
This post is written by Jet Toyco, a trader and trading coach. Whenever you hear trading interviews, they’ll always say a similar thing at some point: “Get a trading journal” “If you want to know if you have an edge, get a forex trading journal” So… You spend hours polishing your forex trading journal and […]
The Ultimate Guide To Zig Zag Indicator
This post is written by Jet Toyco, a trader and trading coach. Take a look at this chart: Let me ask you… Where are the swing highs and lows? Is it a valid downtrend? Or uptrend? Now… There’s a high chance that you could’ve plotted the highs and lows like this: There’s also a chance […]
Parabolic SAR Indicator Guide: Best Settings & Strategies
2023-01-04 2023-01-04 Parabolic SAR Indicator: Formula, Best Settings & Strategies Michael Hypovhttps://www.litefinance.org/blog/authors/mikhail-hypov/ Dear friends! In this article, we will talk about the Parabolic SAR indicator. Unlike the previously discussed Stochastic and MACD oscillators, it is designed to accurately determine trend direction and the point of reversal with an accuracy of one bar. The parabolic SAR indicator is […]
The Ultimate Guide to Trade Simulator
This post is written by Jet Toyco, a trader and trading coach. I’m sure you’ve heard this a thousand times already… “You must find an edge in the market!” Pretty standard, right? But then how do you find such an edge in the market? “You must backtest your trading strategy, if it works in the […]