Forex encyclopedia

Random article: Mass Index

Mass Index is the tool for technical analysis applied to inform about a possible reversal of trend. Concept of Mass index implies that price change between High and Low makes the trend to changes its direction. The longer distance between lowest and highest points of price is, the higher volatility of finance instrument is observed. Mass Index is a rather sensitive indicator and is able to generate alerts on change of price direction when other indicators are not able to predict those reversals. Embossment of the indicator line acts as an alert of reversal of price movement.

Popular article: Kagi charts

Kagi chart is one of the ways how quotes of financial instrument (currency, good, security) may be rendered. Kagi chart line follows the price in one direction until the tendency changes. Upon breakup of tendency, price moves to the right and a new Kargi line is built in the opposite direction, the second line is connected with the previous, horizontal bridge in the reversal point.

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19.07.2019 New article added «Trade»

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