How to use Accumulation/Distribution Indicator

Accumulation/Distribution is a volume-based technical analysis indicator designed to reflect cumulative inflows and outflows of money for an asset by comparing close prices with highs and lows and weighting the relation by trading volumes. How to Use Accumulation/Distribution The Accumulation/Distribution line is used for trend confirmation or possible turning points identification purposes. Trend confirmation: An …

How to Use Relative Vigor Index (RVI) Indicator

Relative Vigor Index Indicator Definition Relative Vigor Index, developed by John Ehlers, is a technical indicator designed to determine price trend direction. The underlying logic is based on the assumption that close prices tend to be higher than open prices in a bullish environment and lower in a bearish environment. How to Use Relative Vigor …

How to Use Ichimoku Kinko Hyo Indicator

Ichimoku Definition The Ichimoku Kinko Hyo (Equilibrium chart at a glance) is a comprehensive technical analysis tool introduced in 1968 by Tokyo columnist Goichi Hosoda. The concept of the system was to provide an immediate vision of trend sentiment, momentum and strength at a glance perceiving all the Ichimoku’s five components and a price in …