Olymptrade Guide

  About the Rate of Change indicator The technical indicator which is called the Rate of Change (ROC indicator) measures the change in the price in percentages. This change is being monitored from a determined number of periods in the past up to the present price. The indicator oscillates around 0 value. It enters the upper positive area when the change in the price has an upward direction. It moves into the lower negative zone when the change is to the downside.   Thanks to the ROC indicator we can detect divergences, local oversold and overbought areas and centerline crossovers. Setting up the ROC indicator When you have your platform opened for a particular asset with a Japanese candlesticks chart typeset, you will see the indicators feature icon in the down left corner. After you click on it the list of indicators will appear. Find the Rate of Change indicator and attach it to your chart. It will be displayed below your price chart.   How to attach the ROC indicator to the chart on

  Having a trading plan is of great importance, yet it is not always an easy task for new traders. Sometimes they try their luck without having one, but this is not the best idea. It is like shooting blindly in the dark. I have made the research and discovered that there are some trading plans available online. They do talk about the amounts of money you should put in the trade. However, they do not include other major factors. This ultimate guide was created to teach you all about your trading plan. What features your trading plan should cover? The length of using the plan The very basic thing is to decide how long you will use the trading plan. You can design it for a day, or for a week, or even a month. What I usually do, is making a plan for one week. During this time I examine and evaluate its performance. If everything works how I wanted, I will use the same plan for about one month. All the time I am using a particular trading plan, I keep records of all my trades. It will help