ADX indicator helps traders determine the direction of the main trend, measure its strength so you can be confident when purchasing options.
Indicators
The Zig Zag Indicator
If you ask a question: “How to eliminate market noise to see current price trends,” the answer is “Use the Zig Zag indicator. You can find it among standard tools in the Pocket Option terminal.” The Zig Zag indicator plots points on the chart whenever prices reverse by a percentage greater than a pre-set variable.
Stochastic Indicator
The stochastic indicator is a momentum indicator that trading experts often call “the cornerstone of the strategy,” because it shows the position of the most recent closing price relative to the previous high-low range. The indicator measures momentum by comparing the closing price with the previous trading range over a specific period of time. There are many modifications, however the classic version of Stochastic very popular among traders.
CCI indicator: When, How and Why?
The CCI indicator stands for commodity channel index is a momentum-based indicator and belongs to the oscillator group of technical indicators.
Williams% R Indicator: Definition, Application and Tips
The article is about Williams % R indicator, its definition, application and advice for Pocket Option users.
