In this overview, we will discuss an interesting and useful indicator called High_Low. It helps the trader to find important support/resistance levels on the chart.
Tag: false breakouts
In this review, we will get acquainted with a quite simple and useful indicator called Donchian Channel. This is the indicator that the famous Turtle trend strategy is based on.
In this post we'll try to make it clear why false signals appear that make the trading strategy to give a false signal, and the trade turnes out losing.
Hi everyone, today I'm going to talk about false breakouts. In certain cases, it might be unclear to the trader whether there has happened a breakout of the resistance level and, hence, the bullish trend will continue. Such a breakout might be false so that the price will reverse quite soon and go in the […]