Exponential Moving Average

Pro-Real Time (Charting software provided by IG Index)

At Trading College we tend to use 4 Moving Averages. Each one is calculated over a different period of time e.g. the 15ema shows the average price over the last 15 candles whilst the 200ema shows the average price over the last 200 candle period. (EMA stands for Exponential moving average) 

This is an indicator that you input on your chart that measures the average price over a set period of time. A moving average is shown as a curved line on the chart demonstrating the average price of the market over a set period of time. E.g. a ten day moving average.

Follow the setup videos providing with your Trading Software or contact Tech Support for help at [email protected]

From the highest to the lowest we use: Monthly, Weekly, Daily, 4hr, 1hr, 15min and 5min charts.

Indicators are technical analysis tools creating programming software with mathematical calculations.

Yes we do sometimes use Fibonacci to complement our core trading strategies, however it is not a requirement to understand Fibonacci to be a successful trader. Some would consider this to be a specialist area of technical analysis.

Fibonacci Retracements and Money Lines are Technical analysis tools. They are based on the key numbers identified by mathematician Leonardo Pisano in the 13th Century as important numbers in nature.

There are seven colours used for candles: light and dark green mean Long, light and dark red mean short, blue means a retracement in a short move, yellow means a retracement in a long move and white means price action is choppy.

Candlestick Charts refers to the style of financial chart we use to analyse market price movement. Alternatives would be line charts or bar charts.

ProRealTime is a charting software and trading platform comprising high quality charts and market data.