Bollinger Bands were introduced by John Bollinger, a technical analyst. It is a combination of fundamental and technical analysis called as relative analysis. Bollinger Bands consists of a 20-day simple …
How to interpret MACD? As discussed in the previous article, MACD has 3 parts MACD Line – Difference of SLOW and FAST Averages. I.e; (12-Day – 26-Day) Signal Line – …
MACD: MACD stands for Moving Average Convergence Divergence and was created by Gerald Appel in 1970’s. MACD uses Exponential moving average for its calculation purpose. Instead, it uses the difference …
You can download the following excel sheet, to take a look at how RSI is calculated. RSI calculation uses close price of a stock. “Column E” has all closing prices. …
1.1 Introduction to Relative Strength Index: Relative Strength Index most commonly known as RSI was first introduced by J. Welles Wilder in his book “New Concepts in Technical Trading Systems”. …