Elliott Wave
A theory that markets move in a five-wave trend followed by a three-wave correction.
Related terms
Fibonacci retracement
Levels at 23.6%, 38.2%, 50%, 61.8% and 78.6% of a prior swing,…
Average daily range (ADR)
The average distance in pips between each day’s high and low over…
Average Directional Index (ADX)
An indicator of trend strength, not direction. Readings above…
Average True Range (ATR)
A volatility indicator that averages the true range, which…
Bollinger Bands
Bands set two standard deviations above and below a moving…
Break of structure (BOS)
When price breaks a prior swing high or low, signalling a trend…