Author: <span>backcom_webt</span>

The Alligator Indicator (Williams Alligator): “Awakening the Alligator?”

The Williams Alligator is a technical indicator invented by legendary trader Bill Williams, inspired by observing the behavior of alligators and drawing parallels to market dynamics. This fascinating indicator can help you navigate the market and is one of the essential tools to know when learning about technical analysis. So, what is the Alligator indicator? […]

What is the Relative Strength Index (RSI)?

The Relative Strength Index (RSI) is a popular indicator developed by technical analyst J. Welles Wilder, designed to help traders assess the strength of the current market. The RSI indicator is similar to the Stochastic indicator in that it identifies overbought and oversold conditions in the market. It also has a value range from 0 […]

Using MA Lines as Dynamic Support and Resistance Levels

I get this question quite often – Why do you use moving averages (MAs) as dynamic support and resistance levels? After all, if you’re trading price action, why would you need them? They seem pretty useless. My answer has two parts: I use moving averages for more purposes than just dynamic support and resistance. Because […]

Bollinger Bands and MACD Trading Strategy

Bollinger Bands can provide useful signals for technical traders, and when combined with Bollinger Band and MACD, it provides traders with insights into both volatility and momentum in the forex market. 1. COMBINING BOLLINGER AND MACD As the title suggests, traders can combine Bollinger Bands and MACD to support trade setups. Bollinger Bands allow traders […]

What is ICO Investment? List of the Best ICOs in 2022

One of the five types of super-profitable crypto investments that cannot be ignored is ICO investment. So, do you understand what ICO investment is? Should you invest in ICO to earn profits or not? How to invest in ICO? The article below from TradaFX will help you answer all these questions in the easiest way […]

What is Fibonacci Retracement?

What is Fibonacci Retracement? A popular tool for traders is Fibonacci Retracements, also known as Fibonacci retracement, developed from the ideas of the Fibonacci sequence. The Fibonacci sequence follows the rule that each number is the sum of the two preceding ones. This article will help traders better understand the concept of Fibonacci retracement and […]