Tag: Technical Indicator
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Bollinger Bands
Bollinger bands are a measurement of volatility. This is a very popular indicator created by John Bollinger. They can be used in many different ways. These are created by measuring the 2 standard deviation from a 20 day moving average of the price.They have three part to this technical indicator: The moving average: This…
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Parabolic SAR Stop loss
As we mentioned earlier the Parabolic SAR Technical Indicator can function as an area where to place your stoploss, this is both to protect your wins while the trend increases or to minimize your loss when the trend goes against you. The Effectiveness of the Parabolic SAR as a stop loss tool: 1) Initial…