Dollar trend line, Here are some important things to remember using trend lines in forex trading:
Over assets You can choose between different assets: all Forex crosses and their reverse too - see belowbut also main commodities and indices. How to select your asset You can also directly type the asset in the search asset field.
Note that you must put a slash between the two currencies of the pair. All currency crosses exist in both direction How to find reverse crosses 1. How to select the time frame 1. Extensive historic data On our forex charts you can display historic data of periods minutes, hours or daysa valuable data you get for free here!
You can use this history to make price behavior studies. How to show more historic data? Use the zoom-out option.
The Stages of a Forex Trend
How to zoom out 1. How to select technical indicators 2. How to change the diagram type 2. Unique Types Heikin Ashi Heikin Ashi graph helps you detect trend - a feature you will only find on professional platforms. The Heikin-Ashi technique helps you identify a trend more easily and detect trading opportunities.
Also you can use our Forecast Poll. This forex plot type is not considered to be valid to take positions but rather to perform a follow-up of your trading positions. How to change your board into Heikin Ashi Equivolume With Equivolume, you can plot dollar trend line and volume activity on a single graph, instead of having volume added as an indicator on the side.
This tool draws the bars following their traded volume at a precise point in time the wider the bar, the bigger the volume.
- The Stages of a Forex Trend
- By Selwyn M.
A very handy feature for those strategies whose key factor is volume. How to change your table into Equivolume 3.
Another available option to benefit from is the one that allows to configure the color of each of the drawing you put on the board, as well as the line weight thin, regular or bold. How to draw on your diagram 3.
Live Forex Charts
Exclusive drawing tools Andrew Pitchfork Establish profitable opportunities and swing possibilities with it. These tools let you draw studies about the possible developments of a price based on its previous move.
It can be calculated following different mathematical concepts Fibonacci, Gann…. While retracements are concerned with just the magnitude of moves, Arcs factor both magnitude and time, offering areas of future support or resistance that will move as time progresses.
How to add Retracements and Arcs Linear Regression lines Determine trend direction with Linear Regression lines: linear regression analyzes two separate variables, price and time, in order to define a single relationship and predict price trends. How to add Regression lines 4.
Compare assets We offer a tool to compare graphs so you can analyze the price history of two assets and analyze relative performance over a period of time. The graph of both assets will be displayed in the same table, with the percentage of deviation in dollar trend line left vertical axis. The starting point of both lines is zero. You can edit the color and weight of each currency.
How to compare assets 4. Automatic signals generators Our platform integrates two tools that automatically generate signals that highlight patterns on your diagram as soon as they occur.
US Dollar Index
Candlestick Patterns Recognition Indicators Our Interactive plot offers you indicators to detect patterns on Japanese Candlesticks see the list of Candlestick Patterns below. This tool is very useful to get an immediate notification being displayed as soon as the pattern occurs. The Japanese candlestick theory establishes a series of patterns which are statistically previous to potential change or interruption of trends, a turning point in a current trend, etc.
How to add a Candlestick Patterns Recognition indicator Significative line crosses indicators system Another tool you can use is our significative line crossing systems, including crossing averages, MACD cross and over zero signal.
Such as the indicators that detect patterns in Japanese Candlesticks see abovethe correct selection of your parameters are vital to avoid to be guided in your decisions by misleading signals. How to add crosses indicators 5.
Save your configuration Once you have customized with all the options you need to analyze and trade the asset, you can save it. How to detach your board 5. Export images In just one click, you can export and save images. Dollar trend line to export images of your plot.