Technical Indicators
Indicators | BUY | SELL |
ADX (14) | DMI+ over DMI- ADX line cross 20 level ADX and DMI+ rising and DMI- falling | DMI+ lower than DMI- ADX line cross 20 levels and rising where DMI+ falling and DMI- rising |
Bollingerbands (2, 20) | When the price below the lower band of Bollinger (20, 2) | When the price above the upper band of Bollinger (20, 2) |
Commodity Channel Index, CCI (14) | When the CCI go below -100 line it means it’s an oversold mood and the trader have to wait the reversal of the trend and the CCI must went to above -100 line in order to take long. | When the CCI go above +100 line it means it’s an overbought mood and the trader have to wait the reversal of the trend and the CCI must went to below +100 line in order to take short. |
MACD (12, 26, 9) | When the MACD rises above the Signal line & above Zero MACD bar is over 0 level and rising, signal line below bars end and rising | When the MACD falls below the Signal line & is below zero MACD bars is below 0 level and falling, signal line over bars end and falling |
Parabolic Systems (0.02, 02) | SAR dots below the price chart | SAR dots over the price chart |
RSI (14) | When the RSI cross 30 and rising up | When the RSI crosss 70 and falling down |
Stochastics (5, 3) | When either %K or %D falls below the line, and then again crosses the bottom level upwards or when the curve %K crosses the curve %D from below upward. | When oscillator grows above the line, and then crosses the top level downwards or when the curve %K crosses a curve %D from top to downward. |
Williams %R (14) | BUY when it reaches 80% or higher (the market is oversold). | SELL when %R reaches 20% or lower (the market is overbought) |
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