Bollinger Bands | SigmaForex

Filed under: , , , , , , , , , ,
Bollinger Bands PDF
Developed by John Bollinger, Bollinger Bands are an indicator that allows users to compare volatility and relative price levels over a period time. The indicator consists of three bands.
The middle line is the simple moving average, normally set as a period of 20 (number of bar/ticks in a given time period), and is used as a base to create upper/lower bands. The upper band is the middle band added to the given deviation multiplied by a given period moving average. The lower band is the middle band subtracted by the given deviation multiplied by a given period moving averages.
It used for determining whether current values of a data field are behaving normally or breaking out in a new direction also for identifying when trend reversals may occur.
Using Bollinger Bands
1) Trend – When price moves outside of the bands, it is believed that the current trend will continue.
2) Volatility- The band will expand/contract as the price movement becomes more volatile/or becomes bound into tight trading patterns, respectively.
3) Determine Oversold/Overbought Conditions – When price continues to hit upper band, the price is deemed overbought (may suggest sell). When price continues to hit lower band, the price is deemed oversold (may suggest buy).



SigmaForex Latest Offers
SigmaForex Latest Offers
SigmaForex Is Appreciating Advanced, Professional And Beginner Forex Traders With Unique And Ultimate Promotions. SigmaForex has come up with different promotions to meet new clients with rewards.



Reblog this post [with Zemanta]

Average Directional Movement Index | SigmaForex

Filed under: , , , , , , , , , ,
J Welles Wilder has developed the Average Directional Index (ADX) to define trend force, whether the trend will develop further or will gradually weaken.

The simplest trading method based on the system of directional movement implies comparison of two direction indicators: the 14-period +DI (yellow) one and the 14-period –DI (Green). To do this, one either puts the charts of indicators one on top of the other, or +DI is subtracted from -DI. W. Wilder recommends buying when +DI is higher than -DI, and selling when +DI sinks lower than -DI.
To these simple commercial rules Wells Wilder added "a rule of points of extreme". It is used to eliminate false signals and decrease the number of deals. According to the principle of points of extreme, the "point of extreme" is the point when +DI and -DI cross each other.

- If +DI raises higher than -DI, this point will be the maximum price of the day when they cross.
- If +DI is lower than -DI, this point will be the minimum price of the day they cross.

The point of extreme is used then as the market entry level.
Thus, after the signal to buy (+DI is higher than -DI) one must wait till the price has exceeded the point of extreme, and only then buy.
However, if the price fails to exceed the level of the point of extreme, one should retain the short position.

Reblog this post [with Zemanta]

Characteristics Of Forex Charting In SigmaForex

Filed under: , , , , , , , , ,




Forex charts play a very important tool for your success on the foreign exchange market. To fully understand the ever-changing market rates, currency charts offers a comprehensive snapshot that will help you do your trading partners in an effective manner. If you are unsure of the various advantages of this type of charts, read on and get ready to be convinced.


Why is Forex Charting so important?


Completing trades on the currency market with foreign exchange charts is almost like playing on the highway, where things move very quickly and you have the Fang of market measures in the blink of an eye stroke. If you are in a position to the Fang of a financial trend may bring new financial rewards whereas if you miss some of the key data points can leave stranded.


Forex charts can be used in spite of your trading partner's style or skill level. Can you imagine a greater picture of where the market is heading, then you can expect that the various events can bring some pretty big financial rewards.


Generally, the foreign exchange market on the day to day, not in a position to define the long range trends. But through the use of forex charts, you can see the changes in the recent market developments and allow you to predictions for the future currency movements. To get a step ahead of market development, can lead to financial profits.


characteristics of SigmaForex Charting


The best feature of this type of charts, it was easy to use, and it brings you the recent real-time data. However, the view is significantly greater than the daily movements of the market or even a specific share. This type of charts are especially value on the observation of the market, the really control the ultimate impact on the performance of each stocks.


This will help you to see why even the best stocks at some point suffer from adverse movements in a bear market. This kind of charting software helps in the planning of large amounts of historical data and presents the information in a manner arranged to give you a general idea of what is now happening, what has happened in the past, and hopefully, was in all likelihood happen in the near future.


The data, which, quite well that the analysis functions easier to help you find the right market timing determination. Forex charts provide a wealth of information and advice to your fingertips. The projects are based on figures unbiased, hard facts and trends, which are then translated at a later date for profit.

Make Expert Trades with SigmaForex

Filed under: , , , , , , , , , , ,



If you are looking for some Forex day trading strategies, then you should continue reading this article to find out why the Forex experts can win in the Forex market even with a very common Forex trading strategy. In this article, SigmaForex will discuss about 3 major points, mentality of an Expert, the way an Expert trades, and how you can become an expert.


After reading this article, you should be able to understand why the experts are so successful and what are the differences between the experts and a common trader.Firstly, we should explore the mentality of a Forex expert. A Forex expert already has an extensive knowledge in Forex trading and the market.


The difference between an expert and a common trader is discipline. Unlike a common forex trader who seeks fast return in a day, an expert is able to identify which currency will be profitable in the long run and can afford to place his position for few days before seeing profit. With strong discipline, the expert is able to apply any common Forex day trading strategy to yield profit.Generally, an expert trades with patience and calm. Many new Forex traders will just rush towards certain signals. But an expert will not do so. An expert is very patient and calm when deciding his investment.


This is to ensure most of his investment will yield a profit instead of loss. When it comes to an urgent decision, he will be able to make the decision calmy and accurately.If you want to become an expert in Forex market. Besides learning how to apply the Forex day trading strategy, you should have the following virtues - discipline, patience and calm. Forget about different sophisticated day trading strategy. By applying these virtues and slowly developing your trading experience, in no time, you will be an expert in this high liquidity market and win even with a simple and easy strategy.

SigmaForex|Forex Trading Online

Filed under: , , , , , , , , , , , , ,


Sigma Forex is leading European professional online trading Brokers registered in the UK and most of the EU countries. It was founded by professional private investors including (banks, traders, brokers, and software developers), which enabled Sigma to identify the essential needs of the Forex participants from the start.

Since 2003, Sigma’s aim has been to provide the best, powerful and most suitable currency trading technology along with superiority in execution, competitive services, and dependable customer service. Over the past years, Sigma has quickly become one of the world’s leading online retail currency trading institutions, providing integrated global trading systems, analysis techniques and the most reliable and sophisticated online trading software. We offer internet trading through Meta Trader. This trading platform is very stable and reliable. It is highly regarded and very popular among traders.

Sigma devotes serious effort to serve the emerging retail segment of the Forex community. Its commitment to providing an excellent customer service, innovative currency trading technology, and dealing practices, establishes Sigma as a notable force that traders look forward to for an advanced Forex charting, Forex news, and fund safety.

Customers funds deposited with Sigma, are held and maintained separately in separated trading accounts at our partner banks. Sigma also provides its customers a variety of account plans, and services to choose from when creating or adjusting a profile.

The professionals at Sigma are dedicated to providing the guidance you need to accomplish your investment objectives.