Taking A Technical Approach To Forex Trading

Graphing Features

Real-time Graphical Technical Analysis

Currency Price Graphs

Depending on the situation, traders need to focus on particular aspects of a currency's price movement. These price curve styles show some combination of opening, closing, high, low or average prices over a time interval, and can show one or both of the buy and sell price.

• Ask Price, Average Price, Bid Price
• Candlestick
• Closing Price

• Heikin-Ashi
• HLC (High-Low-Close)

• OHLC (Open-High-Low-Close)
• Min/Max

Indicators

Indicators are separate graphs shown below the price curve graph that show overall market trends.

• AO: Awesome Oscillator
• ADX: Average Directional Index
• ATR: Average True Range
• CCI: Commodity Channel Index
• MACD: Moving Average Convergence/Divergence

• Momentum
• ROC: Rate of Change
• RSI: Relative Strength Index
• Standard Deviation
• Stochastic RSI

• Fast Stochastic
• Slow Stochastic
• Full Stochastic
• Ultimate Oscillator
• Williams %R

Overlays

Overlay curves are plotted directly on top of the price curve. Traders use them to compare the price curve with perceived market trends, and may react when the price curve intersects particular overlay curves.

• Bollinger Bands
• EMA: Exponential Moving Average
• Ichimoku Kinko Hyo

• Parabolic SAR
• Pivot Points
• SMA: Simple Moving Average

• STARC
• WMA: Weighted Moving Average

Trend Lines

Trend lines are added by traders to zero in on perceived price movement trends.

• Draw Simple Trend Lines
• Draw Advanced Trend Lines

• Fibonacci Trend Lines
• Pivot Point Trend Lines

• Speed Lines