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Forex can be traded 24 hours a day on weekdays. The reason is that Forex is an investment product that targets foreign currency trading. Some foreign exchange market is always moving due to the time difference. New York, London, Tokyo, Hong Kong, Singapore, etc. Therefore, it is possible to trade almost 24 hours a day. Financial institutions are closed on Saturdays and Sundays on weekends, so Forex trading is not possible, but in reality, the exchange rate is moving slightly. The reason is
RCI is one of the technical charts and is an abbreviation that stands for "Rank Correlation Index". It is an index to judge overbought or oversold based on how much the latest stock price has risen or fallen. RCI ranks dates and prices over a period of time and indexes the correlation between -100% and + 100%. For example, if the calculation period is 9, it will be + 100% if the price continues to rise for 9, and -100% if the price continues to fall for 9. Generally, it is judged that it is
This indicator judges current trend, with Linear regression and the angle. Each parameters setting contents below. Period Period from current Angle The angle of judging the trend Width of Lines Width of Linear regression
This indicator's formula is quoted from that [NEW MARKET TIMING TECHNIQUES] by Thomas R. DeMark It consists of setup phase & countdown phase. But not Intersection & TDST. Countdown starts from the first of setup bar. It shows setup count number under the price & countdown number above the price on charts. SETUP: For buy first of setup bar; Close(4 bars ago)> Close(current)&Close(4 bars ago)< Close(previous bar). For sell first of setup bar follows opposite process. From the