If You Haven’t Heard About Keltner Channel and TT Cumulative Volume Data Then Read This
One of the famous active trading strategies is day trading. Some of the traders and technical analysts think day trading and active trading is the same thing. Day trading is the act of buying and selling the stocks within the same day before the closure of the market without holding the position overnight. The experts generally do not advice to the novice traders to practice day trading as they may not understand the market like pro. But these days electronic trading has helped noob traders to be a successful trader in day trading. One of the frequently used technical tools that allow you generate free intraday tips is TT Cumulative volume data, which is also known as TT CVD. It uses the bid and asks volume data of the stock. Its value is calculated with the help of bid and ask volume data by displaying the running difference between the ask volume and the bid volume. Here the ask volume means the market buying pressure while the bid volume means the market selling pressure. This technical indicator is said to be a leading technical indicator to calculate the best stock future tips. The technical analysts of Money Classic Research use this indicator frequently as other indicators does not have the potential to calculate the accurate Intraday tips. The TT CVD can also compliment any other trading strategy successfully. Another well known technical indicator is Keltner Channel. Three lines are plotted in the Keltner Channels, which consists of Simple Moving Average with upper bands and lower bands. These bands are plotted above and below the moving average. The user-defined factor of average true range decides the width of the bands. Traders and technical analysts use keltner Channel to obtain the accurate intraday cash tips. Money Classic Research is one of the leading advisory firms, which provides best intraday cash tips to their customers.