IntroductionMACD and Stochastic Oscillator are two of the most widely used momentum indicators in technical analysis. When combined with chart patterns, they can help filter out weak setups and provide clearer entry and exit signals. In this post, you’ll learn how combining MACD and Stochastic enhances your pattern-based trading strategy across stocks, forex, crypto, and…
IntroductionThinkorSwim (TOS) by TD Ameritrade is one of the most advanced trading platforms available. It offers powerful scanning capabilities, including ways to scan chart patterns across multiple stocks and ETFs. Whether you’re looking for flags, triangles, or double bottoms, this guide shows you how to set up custom and built-in scans for pattern-based trading in…
IntroductionChart patterns offer a solid visual roadmap for price movements, but when paired with powerful indicators like RSI and MACD, their effectiveness improves significantly. These combinations help filter out false breakouts and provide confirmation for higher-probability trades. In this guide, you’ll learn how to use RSI and MACD with chart patterns to enhance trade entries…
IntroductionChart patterns can be powerful tools for predicting price movements—if used correctly. However, many traders fall into the trap of misidentifying setups, rushing entries, or ignoring confirmations. In this guide, we’ll highlight the most common chart pattern trading mistakes and how to avoid them so you can increase your success rate in stocks, crypto, forex,…
IntroductionManually spotting chart patterns can be time-consuming, especially when tracking multiple assets. That’s where chart pattern recognition tools come in—they automatically scan charts, identify setups, and help traders act faster. This post highlights the best software and platforms for chart pattern recognition in stocks, forex, crypto, and futures. Why Use Chart Pattern Recognition Tools? Top…
IntroductionFlag and pennant chart patterns are powerful continuation setups that offer traders high-probability entries in trending markets. Known for their speed and clarity, these patterns frequently appear in stocks, forex, futures, and crypto—especially during strong momentum phases. This guide covers how to spot, confirm, and trade flag and pennant patterns like a pro. What Are…
IntroductionBreakout chart patterns signal the start of explosive moves in price, often after a period of consolidation. Identifying these patterns in real-time can give traders an edge across markets—from stocks and forex to crypto and futures. This guide walks you through how to spot and confirm breakout patterns before the move happens, so you can…