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Pin Bar candlestick Quick Guide

Pin bar pattern Pin bar is a candle with a small body and a long spike or wick directed upwards or downwards depending on the direction of the market. Meaning of pin bar on the chart For those who follow the candlestick analysis, this pattern is a strong signal of a future trend reversal. If the wick of a pin bar points up the price is predicted to go down Continue Reading

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Moving average indicator explained on IQ Option

A moving average indicator is a main indicator that shows price movement direction. When processing moving averages the mathematical pricing average of a particular period as measured by candlestick quantity. For example, in order to calculate the value of a five candlestick period the indicator divides the sum of their closing values by five. Then the indicator moves one candlestick forward and makes the same calculations in this manner. Continue Reading