From "Cyclical Characteristics of Performance Indicators", IFTA Journal 2020.
"Linear Momentum and Performance Indicators", IFTA Journal 2019.
Indicators
Integral Force Index (Linear Momentum Index)
Integral Pressure Index
Integral Strength Index
Phase 4
It is not necessary that price levels increase till the end of the phase.
* This technique...
As the name of the Elder trading system suggests there are three “screens” that we apply to every trade. The three screens used by Alex Elder can be summarized as follows:
First Screen used for establishing a trading bias.
The second Screen applies technical indicators to identify retracements against the trading bias established earlier.
The third Screen is...