The indicator we are going to talk about in today's article was invented by two technical analysts, Tushar Chande and Stanley Kroll. It belongs to the group of trend following indicators. Its function is to detect protective stops thanks to the calculation of the average true volatility range of the markets. Adding the Chande Kroll Stop indicator to your IQ Option trading … [Read more...] about How you can use the Chande Kroll Stop indicator on IQ Option
Strategy
#1 Guide to recognise and trade classic and hidden divergences on IQ Option
This guide is written to help traders use divergences in order to find the best entry points. After reading it, you will know what divergence means, what the difference between the classic and hidden divergence is, and how to use them in trading. What is the divergence? The divergence can be observed when you are using an oscillator on your chart. It can be, for instance, the … [Read more...] about #1 Guide to recognise and trade classic and hidden divergences on IQ Option
How to read trading signals from the Donchian Channel indicator on IQ Option
Richard Donchian was a professional who invented the Donchian Channel indicator in the 1970s. It was successfully applied to the forex market as well as options trading. It is quite a powerful indicator, although many traders underestimate it. The Donchian Channel shows the lower and upper limits of the trend visually and this is why it is adored by professionals. In fact, … [Read more...] about How to read trading signals from the Donchian Channel indicator on IQ Option
Psychological Line (PSY) – another useful oscillator on the IQ Option platform
The indicator that is called the Psychological Line or PSY in short, is an oscillator that can be implemented on any timeframe and for any financial instrument. Basically, the PSY shows the percentage value of the price bars that close beyond the preceding bar over a certain period of time. Let's see how to apply and use the Psychological Line indicator on IQ Option. Adding … [Read more...] about Psychological Line (PSY) – another useful oscillator on the IQ Option platform
Effectively Trading Candle Colors Alongside the Martingale System
Trading based on candle colors is one of the easiest strategies you'll come across. It's a low risk strategy. The reason for this is that your main objective is identifying a real candle (with large body) and placing your trade based on its color. Candles with large bodies indicate strong price momentum in a specific direction. For example, a large … [Read more...] about Effectively Trading Candle Colors Alongside the Martingale System