Random Walk Index (RWI) Indicator ka Introduction
Asalam.o.alikum.mery aziz dosto Dear friends, forex main trading kay liay mukhtalif indicators aur tools sa guidance li jati hay, ye indicators traders ko market ki ongoing aur upcoming moments kay baray main information daitay hain, indicators mainly two types kay hotay hain jin ko leading aur lagging kaha jata hay, inki further classification hoti hay jin main aik indicator 'Random Walk Index' bhi hota hay,
Technically Important Points
ye aik technical indicator hay, jis ko Michael Poulos na develop kia, ye pairs ki current moments ko random moments sa compare kar kay trend kay significant honay ko janchta hay, ye ongoing price trend ki strength ki base par signal generate karta hay,
Features and working principle of indicator
Random walk index normaly two say seven periods short term trading kay liay use hota hay, ya long term trading main scalping kay liay 8 sa 64 periods use hotay hain, random walk index aur Average directional moment index kafi similar hotay hain, kiun kay ADX DI+ aur DI- moment lines sa mil kar bana hota hay, jab kay random walk index high aur low lines sa bana hota hay,
Formula Calculation of random walk index
jaisa kay ye indicator uptrend aur downtrend dono ki strength ko measure karta hay, is liay iski two lines ki alag calculation hoti hay, RWI High kay liay calculation karnay main ye formula use hota hay,
RWI High = High - nLow / ATR x √n
yahan 'n' aik period main number of days hain aur ATR Average True Range, RWI ki high value last five days ki highest value hoti hay, isi tarah RWI Low ki calculation kay liay ye formula use hoga,
RWI Low = nHigh - low / ATR x √n
jab RWI High ki value 1 sa above hoti hay to traders long term main buy ki trade kartay hain aur ye strong uptrend ki indication hoti hay, isi tarah jab RWI Low 1 sa below hoti hay to short term main prices kay fall karnay ka signal milta hay, kuch traders dono lines kay crossovers ko potential trade kay liay use kartay hain, ye crossover strong trend main achay results da sakta hay,
Asalam.o.alikum.mery aziz dosto Dear friends, forex main trading kay liay mukhtalif indicators aur tools sa guidance li jati hay, ye indicators traders ko market ki ongoing aur upcoming moments kay baray main information daitay hain, indicators mainly two types kay hotay hain jin ko leading aur lagging kaha jata hay, inki further classification hoti hay jin main aik indicator 'Random Walk Index' bhi hota hay,
Technically Important Points
ye aik technical indicator hay, jis ko Michael Poulos na develop kia, ye pairs ki current moments ko random moments sa compare kar kay trend kay significant honay ko janchta hay, ye ongoing price trend ki strength ki base par signal generate karta hay,
Features and working principle of indicator
Random walk index normaly two say seven periods short term trading kay liay use hota hay, ya long term trading main scalping kay liay 8 sa 64 periods use hotay hain, random walk index aur Average directional moment index kafi similar hotay hain, kiun kay ADX DI+ aur DI- moment lines sa mil kar bana hota hay, jab kay random walk index high aur low lines sa bana hota hay,
Formula Calculation of random walk index
jaisa kay ye indicator uptrend aur downtrend dono ki strength ko measure karta hay, is liay iski two lines ki alag calculation hoti hay, RWI High kay liay calculation karnay main ye formula use hota hay,
RWI High = High - nLow / ATR x √n
yahan 'n' aik period main number of days hain aur ATR Average True Range, RWI ki high value last five days ki highest value hoti hay, isi tarah RWI Low ki calculation kay liay ye formula use hoga,
RWI Low = nHigh - low / ATR x √n
jab RWI High ki value 1 sa above hoti hay to traders long term main buy ki trade kartay hain aur ye strong uptrend ki indication hoti hay, isi tarah jab RWI Low 1 sa below hoti hay to short term main prices kay fall karnay ka signal milta hay, kuch traders dono lines kay crossovers ko potential trade kay liay use kartay hain, ye crossover strong trend main achay results da sakta hay,