Taichi Indicator

Introduction What forced the creation of the indicator Taichi and a trading system based on this indicator? Let me start with a small prehistory. First I invested much time into reading special literature and analyzing a large number of indicators...

read more...

Flat Bollinger Band System

,ArticleFlat Bollinger Band (BB) System. For the basic we use TF H1. Parameters for H1 as below: Bollinger Band 24 (24 hour) for daily apply HLCC/4 Bollinger Band 120 (120 hour) for weekly apply HLCC/4 Bollinger Band 480 (480 hour) for monthly apply...

read more...

The 123 chart pattern.

The 123 chart pattern (by Sunil Mangwani) The 123 pattern is a reversal chart pattern which occurs very frequently and has a very high success ratio. 123’s occur at the end of trends and swings, and they are an indication of a change in trend. They...

read more...

Understand & Use Fibonacci Ratio’s Understand & Use Fibonacci Ratio’s Part.4

Fib Fans by Sunil Mangwani • The Fibonacci fans are a charting technique consisting of diagonal lines that use Fibonacci ratios to help identify key levels of support and resistance. • Fibonacci fans are created by first drawing a trend line through...

read more...

Understand & Use Fibonacci Ratio’s Understand & Use Fibonacci Ratio’s Part.3

FibonacciExpansions by Sunil Mangwani Fib Expansions – Fib Expansions – The Fibonacci expansion is a great tool for establishing profit targets. • It offers a distinct advantage over the other usual fib ratios, since it isn’t as widely used by traders. •...

read more...

Understand & Use Fibonacci Ratio’s Part.2

Retracements & Projections Retracements & Projections by Sunil Mangwani • The basic use of Fibonacci retracements is to find potential levels of support or resistance “behind” the market. If the market is moving up and making new highs, Fib...

read more...

Understand and Use Fibonacci Ratio`s

Understand and Use Fibonacci Ratio`s (part 1) Basic Ratio by Sunil Mangwani Fibonacci ratios • Fibonacci ratios are a very popular tool among technical traders and are based on a particular series of numbers identified by mathematician Leonardo...

read more...