Introduction to Renko Chart
A Renko chart is a form of a chart, developed by the Japanese. The term “renko” is derived from the Japanese term “renga” meaning “bricks”. Renko is based on movements in price instead of time.
Author: InvestarIndia
How to use Composite Scans in Investar
The Composite Screener can be used to combine multiple pre-defined Technical and Fundamental scans and a number of Fundamental and Technical Parameters to come up with your own scans that are meeting all the criteria.
Investar Drawing Tools
Technical drawing tools play an important role in analyzing charts and are an important part of any Technical Analyst’s tool set. Drawing tools help you in your technical analysis, market timing, locating support and resistance levels in recognizing price patterns, confirming trends and much more. With Investar drawing tools, you may draw Trend Lines, Fibonacci […]
3 years of Modi govt and its impact on stock market
In May 2017, the Narendra Modi government completed 3 years in power, Indian stock markets have been largely on an upwards march, with benchmark indices Sensex and Nifty currently hovering around record highs.
GST and its impact on stocks
The most significant tax reform of India, i.e., the GST or Goods and Services Tax, will eventually become a reality from 1st July 2017. The Lok Sabha passed on 4 significant legislations to introduce a nationwide Goods and Services Tax (GST) bringing India nearer to a uniform tax dominion and while putting an ending uncertainty […]
Commodity Channel Index (CCI)
The commodity channel index (CCI) is an oscillator originally introduced by Donald Lambert in 1980. Since its introduction, the indicator has grown in reputation which is currently a very common tool for traders in identifying cyclical trends not just in commodities, but also equities and currencies.
Accumulation Distribution Line Indicator
The accumulation/distribution line or accumulation/distribution index (ADL), formulated by Marc Chaikin is a technical analysis indicator meant to relate price and volume in the stock market and also works like a leading indicator of price movements.
Understanding On-balance volume (OBV)
On-balance volume (OBV) is a technical analysis indicator which is designed to correlate price and volume in the stock market. OBV measures buying and selling pressure as a cumulative indicator that adds volume on up days and subtracts volume on down days. When the security closes higher than the previous close, all of the day’s […]
What is VWAP? – How to Use a VWAP Indicator in Trading
What is VWAP Indicator? Volume-weighted average price (VWAP) is the average price weighted by volume.
Heikin Ashi Charts – Why Heikin Ashi Candlesticks are better
What are Heikin-Ashi Candlestick Charts? Heikin-Ashi means “average bar” in Japanese. Heikin-Ashi Candlesticks use the open-close data from the previous period and the open-high-low-close data from the current period to create an average candlestick. As a result of the averaging, Heikin-Ashi candlesticks won’t show the exact open, high, low and close for that period like […]