With cryptocurrencies, or rather with everything related in some way to the most famous of them, Bitcoin, as if the bag had literally torn again in recent months.

When the two lines of the Aroon indicator move lower in parallel and are both below 50, it is a sign that consolidation is taking place. That’s because no new highs or lows are being made during the period. When using 25 periods, a reading below 50 indicates that a new high has not been reached in at least 13 days. This consolidation zone can be confirmed simply by looking at the price chart and ensuring that price is moving in a sideways channel.

The new version was named Woodies CCI after its creator - Ken Wood. This instrument, just like the classic CCI, determines the prevailing trend in the market. Based on the received data and found patterns, the indicator gives signals for opening deals and shows the market's optimal exit points.

The Traders Dynamic Index indicator is a hybrid instrument, the main task of comprehensively determining the market's state. With the help of the TDI indicator, a trader can monitor the market situation from different angles.