Let us show you the most basic and simple strategy for trading using Renko Chart. Personally I prefer to use candlesticks because there are open high low close data, while Renko charts are not available. Finally back to each trader, because there are also easier and more profitable with Renko charts. In addition, Renko charts also can be easily integrated with othertechnical indicatorsto help confirm trading signals. Finally, Renko charts are extremely useful for identifying trend reversals. Renko charts are price charts that show price movements in bricks of a fixed size. If the price crosses support and resistance levels, …

The Klinger Oscillator is a technical indicator that combines prices movements with volume. The indicator uses divergence and crossovers to generate trade signals. It’s a good idea to use the RVI indicator in conjunction with other forms of technical analysis in order to find the highest probability outcomes. First, the crossover occurs as the RVI indicator moves above the signal line , signaling that the trend is likely to change from bearish to bullish. As you can see from the formula the RVI also has a signal line that interacts with the indicator. The red arrows show how the pair …

Stay on top of upcoming market-moving events with our customisable economic calendar. Discover the range of markets and learn how they work — with IG Academy’s online course. Full BioMichael Boyle is an experienced financial professional with more than 10 years working with financial planning, derivatives, equities, fixed income, project management, and analytics. The relative purchasing power parity theory states that the exchange rate between two nations is driven mostly by the different rates of inflation and the cost of products in both nations. This theory is based on the idea of purchasing power theory and propels the absolute purchasing …

Reflexivity includes both a subjective process of self-consciousness inquiry and the study of social behavior with reference to theories about social relationships. In a social theory context, reflexivity is an act of self-reference where examination or action ‘bends back on’, refers to, and affects the entity instigating the action or examination. In anthropology, reflexivity has come to have two distinct meanings, one that refers to the researcher’s awareness of an analytic focus on his or her relationship to the field of study, and the other that attends to the ways that cultural practices involve consciousness and commentary on themselves. For …

The automotive aftermarket business does well even in challenging times because people still have a need to repair their aging vehicles as they break down over time. While Manhattan needs reliable power, the city has experienced several years of population losses as residents seek cheaper options. Regulators have also been less agreeable to raising electricity and gas rates given the city’s high cost of living and already pricey power. This results in a stable and predictable industry with a slow pace of change – all good things for dividend growth investors worried about the next economic slowdown. Increased fuel efficiency …

Those interested in learning more about the trading ranges and other financial topics may want to consider enrolling in one of the best technical analysis courses currently available. Every financial market has periods when prices display sideways price action. Range trading is a strategy used by traders to take advantage of opportunities in markets with no clearly defined trends. When a stock breaks through or falls below its trading range, it usually means there is momentum building. A breakout occurs when the price of a security breaks above a trading range, while a breakdown happens when the price falls below …