The Forex Guy

The Aroon indicator is a tool that was created to help traders identify trends. The Aroon indicator can be used in two ways: to measure the strength of a trend, or to predict when a trend might change. In this article, we'll take a look at how to use the Aroon indicator in fixed time trading on the Olymp Trade platform.   How To Use The Aroon Indicator? The Aroon indicator is comprised of two lines, the Aroon Up line and the Aroon Down line. These lines fluctuate between 0 and 100, with readings near 100 indicating a strong trend, and readings near 0 indicating a weak trend. Crossovers between the two lines can also be used to generate buy and sell signals.   For example, if the Aroon Up line crosses above the Aroon Down line, it indicates that a new uptrend might be forming. Similarly, if the Aroon Down line crosses above the Aroon Up line, it indicates that a new downtrend might be forming. These crossovers can be used as potential trade signals.   In addi...

The Williams %R is a momentum oscillator that measures overbought and oversold conditions in an asset. It is very similar to the Stochastic oscillator, with the main difference being that the Williams %R uses a Simple Moving Average (SMA) instead of an Exponential Moving Average (EMA). How to Use the Williams %R Indicator in Your Fixed Time Trading on Olymp Trade Platform When trading with the Williams %R indicator on the Olymp Trade platform, you should look for crossovers of the signal line and extremes in overbought/oversold conditions. TheWilliams %R can be used as a leading or lagging indicator, depending on the trader’s preference.    If you want to use it as a leading indicator, you should look for situations where the signal line crosses above or below the 50 level – this indicates a possible change in direction. In overbought conditions, prices are thought to be unsustainable and ripe for a correction lower; in oversold conditions, prices may be due for a reboun...