What is ADX Indicator? The Average Directional Movement Index (ADX) was developed by famed technical analyst Welles Wilder as an indicator of trend strength. As a commodity trader, Wilder developed the indicator for trading commodity futures. However, it has since been widely applied by technical analysts to virtually every other tradeable investment, from stocks to...
What is the MACD Oscillator? The Moving Average Convergence Divergence (MACD) oscillator is one of the most popular and widely used technical analysis indicators that traders and analysts use to gauge momentum in markets. Traders and analysts use a variety of technical indicators to spot trends in the market, anticipate potential shifts in trading, and, ultimately to...
What are Speed Lines? The technical analysis tool of speed lines was developed by Edson Gould, a technical analyst who became quite well-known for making several accurate stock market calls during the 1960s and 1970s. They are sometimes referred to as “speed resistance lines,” however, that moniker is somewhat misleading since the lines are designed...
The McClellan Oscillator Every trader and analyst relies on, or studies, different technical indicators to help them play the market to their advantage. Indicators are often grouped into different categories according to how they measure different things. In the case of the McClellan Oscillator, it belongs to a group known as momentum indicators, which are...
What is a Trading Floor? A trading floor refers to a literal floor in a building where equity, fixed income, futures, options, commodities, or foreign exchange traders buy and sell securities. Traders buy and sell securities on behalf of clients, or on behalf of the financial firm which employs them. The trading floor of an exchange...