Welles Wilder is the biggest figure in the world of modern trading. He actually “digitized” the existing technical analysis tools, and also developed a large number of new indicators. There are dozens of developed solutions credited to him. In Binomo’s range of tools, there are 5 indicators from Welles Wilder. In this article, we will look at a simple two-line strategy for beginners Moving Average Welles Wilder.
The Bollinger Bands (BB) is a trend indicator created by John Bollinger based on the Moving Average. When the tool is added to the chart, a price channel is formed which shows the factor of price deviation from the “normal range,” calculated using a certain formula. Bollinger Bands is a multifunctional solution that can be used to determine the level of market volatility, find reversal points, and filter the signals of other instruments. In this article, we will review the tool, its history, and different approaches to its practical application.
The Alligator is a classic trend indicator which is included in the top 5 most popular tools for market analysis. It works well with the Awesome Oscillator, since its developer Bill Williams created it specifically for use with the Alligator and Fractals. In our case, the strategy is complemented by the most popular oscillator – the Relative Strength Index (RSI). The system is suitable for Binomo and allows you to trade 1-minute fixed contracts.
There are thousands of various indicators of technical analysis, but if we want to look at just the main tools, we can literally count them on our fingers. The main tool is the Moving Average and it serves as the basis of the overwhelming majority of other indicators, including both trend ones and oscillators as well. In this article we will consider this tool from the point of view of theory and practice.