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Indicators A ~ Z

Indicators A ~ C

  • Accumulation Distribution
    Accumulation Distribution tracks the relationship between price and volume and acts as a leading indicator of price movements. The strongest signals are divergences.
  • ADX
    ADX is part of the Directional Movement System developed by J. Welles Wilder. It is used to warn of trend changes and to identify whether a stock is trending or ranging.
  • Aroon Oscillator
    The Aroon Oscillator was developed by Tushar Chande to identify the start of a new trend and measure trend strength.
  • ATR Bands
    Average True Range (ATR) Bands are used to signal exits in a similar fashion to ATR Trailing stops, but without the stop-and-reverse (SAR) of trailing stops.
  • ATR Trailing Stops
    ATR Trailing Stops are primarily used to protect capital and lock in profits on individual trades but they can also be used, in conjunction with a trend filter, to signal entries.
  • Average True Range
    Average True Range are used to measure commitment. Expanding ranges signal increased eagerness and contracting ranges, a loss of enthusiasm.
  • Bollinger Bands
    Bollinger Bands are powerful signals. Here are two great strategies, for Bollinger Band Squeezes and Bollinger Band Trends.
  • Chaikin Money Flow
    Developed by Marc Chaikin, the Chaikin Money Flow indicator often warns of breakouts and provides useful trend confirmation.
  • Chaikin Oscillator
    Marc Chaikin's oscillator monitors the flow of money in and out of the market.
  • Chaikin Volatility
    Developed by Marc Chaikin. Look for sharp increases in volatility prior to market tops and bottoms, followed by low volatility as the market loses interest.
  • Chandelier Exits
    Chuck LeBeau's Chandelier Exits are primarily used as a stop loss mechanism to time exits from a trending market.
  • Commodity Channel Index
    Donald Lambert's Commodity Channel Index (CCI) highlights overbought and oversold markets and likely turning points.
  • Compare Prices
    Compare stock and/or index prices. Overlays can be plotted unadjusted, or to intercept on a selected date.
  • Coppock Indicator
    Edwin Coppock designed this oscillator with one sole purpose: to identify the commencement of bull markets.
  • Chande Momentum Oscillator
    Chande Momentum Oscillator uses Overbought and Oversold levels, as well as Divergences, to identify reversals.
  • Choppiness Index
    The Choppiness Index is a volatility indicator developed by Australian commodity trader Bill Dreiss to indicate whether a market is trending or ranging.
  • Candlestick Patterns
    Candlestick chart patterns highlight trend weakness and reversal signals that may not be apparent on a normal bar chart.
  • Bollinger %b
    Bollinger %b is used to signal subtle entry and exit opportunities that may be overlooked in a trend.
  • Bollinger Band Width
    Bollinger's Bandwidth Indicator is used to warn of changes in volatility. A squeeze, where the bands converge into a narrow neck, often precedes a sharp price rise or fall.

D ~ L

  • Detrended Price Oscillator
    The Detrended Price Oscillator isolates the short cycle, providing powerful trend signals on divergences.
  • Directional Movement
    Welles Wilder's Directional Movement is one of few indicators that not only provides trend signals but indicates whether a trend is suitable to trade.
  • Displaced Moving Average
    Displaced Moving Averages are useful for trend-following purposes, reducing the number of whipsaws compared to an equivalent Exponential or Simple Moving Average.
  • Donchian Channels
    Richard Donchian's Channels are used in a number of trading systems to identify entry and exit points in trends.
  • Ease of Movement
    Richard W Arms' powerful Ease of Movement indicator highlights the relationship between volume and price changes; useful for assessing the strength of a trend.
  • Elder Ray Index
    Developed by Dr Alexander Elder, the Elder-Ray indicator measures buying and selling pressure in the market and is often used as part of the Triple Screen trading system.
  • Equivolume Charts
    The greatest advance in the last decade, equivolume exposes price and volume interaction.
  • Exponential Moving Average
    Exponential moving averages are more sophisticated than simple moving averages and do not suffer from the same distortions.
  • Fibonacci Extensions
    Project Fibonacci extension levels from a present trend.
  • Fibonacci Retracements
    Project Fibonacci retracement levels from an existing trend.
  • Force Index
    Developed by Dr Alexander Elder, the Force index combines price movements and volume to measure the strength of bulls and bears in the market.
  • Heikin-Ashi Candlesticks
    Heikin Ashi candlesticks filter out market noise from the traditional Japanese candlestick chart and highlight trend and/or consolidation patterns
  • Ichimoku Cloud
    Ichimoku Cloud is a complete trend trading system, combining leading and lagging averages with traditional candlestick charts.
  • Keltner Channels
    Linda Bradford Raschke popularized Keltner bands, plotted at an ATR multiple around an exponential MA, to filter trend entries.
  • KST Indicator
    Martin Pring's KST Indicator identifies major trend changes when KST crosses its signal line.
  • Linear Regression
    Linear regression fits a straight line to the selected data using a method called the Sum Of Least Squares.
  • Linear Regression Indicator
    The Linear Regression Indicator is used for trend identification and trend following in a similar fashion to moving averages, but reacts faster than an MA to trend changes.
  • Hull Moving Average
    Alan Hull developed Hull Moving Average in 2005 in his quest to create a moving average that is "responsive to current price activity while maintaining curve smoothness". Hull claims that his moving average "almost eliminates lag altogether and manages to improve smoothing at the same time".
  • Inverted Axis
    You can invert the vertical price axis, to descending order, from the View menu.

M ~ N

  • MA Oscillator
    The Moving Average Oscillator simply compares closing price to the moving average.
  • MACD Indicator
    The problem with oscillators is that they often whipsaw. Trading MACD large swings and divergences provides more reliable signals.
  • MACD Histogram
    The MACD Histogram (Moving Average Convergence Divergence Histogram) provides far earlier and more responsive signals than the original MACD, but is also more volatile.
  • Mass Index
    Donald Dorsey's Mass Index predicts trend reversals by comparing trading range over a 9 day period.
  • Median Price
    Median price measures the mid-point of the trading range for each period.
  • Momentum
    Momentum measures trend strength and identifies likely reversal points: on divergences or when Momentum crosses the overbought/oversold line.
  • Money Flow Index
    Money Flow Index measures trend strength and warns of likely reversal points.
  • Moving Average
    The Moving Average smooths price data to create a powerful measure of trend direction. Simple, weighted and exponential moving averages are most popular.
  • Moving Average Filters
    Filters are employed to reduce the number of whipsaws when using moving average systems.
  • Moving Average High/Low/Open
    Calculates moving averages using daily, weekly or monthly Highs/Lows/Opens.
  • Multiple Moving Averages
    Daryl Guppy introduced multiple moving averages to measure trends and identify likely reversals. The indicator compares multiple short-term and long-term exponential moving averages.
  • Negative Volume
    Norman Fosback uses Negative Volume Index (NVI) with Positive Volume Index (PVI) to identify bull markets.
  • MACD Percentage
    MACD Percentage Price Oscillator is a variation of theMACD indicator. The major difference is the percentage scale which enables comparison between stocks.

O ~ P

  • On Balance Volume
    Developed by Joseph Granville, OBV provides a powerful measure of accumulation and distribution by comparing volume to price movements.
  • Parabolic SAR
    Developed by J. Welles Wilder, the Parabolic SAR indicator provides excellent short/medium-term entry and exit points in trending markets.
  • Percentage Trailing Stops
    Percentage Trailing Stops are a simple but effective method for locking in profits
  • Pivot Points
    Pivot Points are used for calculating support and resistance for short-term trading.
  • Positive Volume
    Introduced by Norman Fosback, Positive Volume Index identifies bull and bear markets by measuring activity on days when volume is higher.
  • Price Comparison
    Price Comparison plots the performance of a stock against an index or a related stock.
  • Price Differential
    Similar to Price Comaprison, you can compare bond yields or interest rates that share the same price axis.
  • Price Envelope
    Sometimes referred to as Percentage Bands, Price Envelopes are plotted at a set percentage above and below a moving average.
  • Price Ratio
    A powerful tool for stock selection, Price Ratio is also referred to as Relative Strength and compares the performance of a stock relative to an index or a related stock.
  • Price Volume Trend
    The Price Volume Trend indicator measures the strength of trends and warns of reversals.

Q ~ U

  • Rainbow 3D Moving Averages
    Ivan Ballin's colorful variation of Daryl Guppy's Multiple Moving Averages.
  • Rate Of Change (Price)
    A refinement of Momentum, Rate of Change is designed to fluctuate as a percentage around the zero line.
  • Rate of Change (Volume)
    The Rate of Change formula can also be applied to volume, where it highlights changes in volume activity.
  • Relative Strength (Compare)
    Relative Strength calculates the strength of one stock/index compared to a second stock/index, either with/without a specified intercept date.
  • Relative Strength Index (RSI)
    Developed by Welles Wilder, RSI (Relative Strength Index) is a popular momentum oscillator that compares upward and downward movements in closing price.
  • Safezone Indicator
    Alexander Elder's Safezone Stops use Directional Movement to signal exits from a trend.
  • Simple Moving Average
    Simple moving averages are easy to construct, but prone to distortion: they tend to "bark twice".
  • Slow Stochastic
    The Slow Stochastic Oscillator provides more reliable signals than the original indicator, applying further smoothing to reduce volatility and improve accuracy.
  • Smoothed Rate of Change (SROC)
    Smoothed Rate of Change (SROC), introduced by Fred G Schutzman in 1991, gives slower but more accurate signals than other momentum oscillators.
  • Standard Deviation Channels
    Standard deviation channels, plotted at a set number of standard deviations around a linear regression line, provide useful entry and exit signals for trading trends.
  • Stochastic Oscillator
    The Stochastic Oscillator tracks market momentum and provides excellent entry and exit signals from crossover of %K and %D lines or overbought/oversold levels.
  • Trend Lines
    The trend line is a powerful momentum indicator, alerting you to any acceleration or deceleration of the trend.
  • TRIX Indicator
    Designed for trading trends, TRIX uses a triple-smoothed moving average to eliminate cycles shorter than the indicator period.
  • True Range
    Welles Wilder's True Range adjusts the normal High - Low daily range when there is an opening gap.
  • Twiggs Momentum Oscillator
    Twiggs Momentum Oscillator is a smoothed version of the Rate Of Change oscillator. Its primary purpose is to identify fast trending stocks.
  • Twiggs Money Flow
    Colin Twiggs' Money Flow is a derivation of the Chaikin Money Flow indicator. Position above/below the zero line gives advance indication of breakouts, while divergences warn of reversals.
  • Typical Price
    Typical price, calculated as (High Low Close) / 3, is a useful filter for moving average systems.
  • Twiggs Smoothed Momentum
    Twiggs Smoothed Momentum is a smoothed version of the proprietary Twiggs Momentum oscillator. Its purpose is to provide a slower, less erratic signal for following long-term trends.
  • Ultimate Oscillator
    Larry Williams' Ultimate Oscillator uses three time frames in order to minimize false signals.
  • Stochastic RSI
    Stochastic RSI was designed by Tushar Chande and Stanley Kroll to generate more Overbought and Oversold signals than Welles Wilder's original Relative Strength oscillator.
  • Twiggs Volatility
    Twiggs Volatility is a proprietary volatility indicator used to flag elevated market risk.
  • Stochastic RSI
    Stochastic RSI was designed by Tushar Chande and Stanley Kroll to generate more Overbought and Oversold signals than Welles Wilder's original Relative Strength oscillator.

V ~ Z

  • Vertical Horizontal Filter (VHF)
    Adam White's Vertical Horizontal Filter (VHF) identifies trending and ranging markets.
  • Volatility
    Volatility is a statistical measure of risk called the coefficient of variation.
  • Volatility Ratio
    Jack Schwager, in his book Schwager on Futures, uses the Volatility Ratio to identify wide-ranging days.
  • Volatility Stops
    Welles Wilder's original Volatility Stops uses Average True Range in a trend-following system.
  • Volume
    Volume highlights unusual trading activity and provide powerful confirmation of price signals.
  • Volume Oscillator
    Volume Oscillator is an easy to use indicator that highlights changes in volume activity.
  • Weighted Close
    Weighted Close, calculated as (High Low Close * 2 ) / 4, is a simple but effective filter for moving average systems.
  • Weighted Moving Average
    Weighted moving averages eliminate the distortion common to simple moving averages, but are more difficult to construct than exponential moving averages.
  • Wilder Moving Average
    Wilder moving averages are used mainly in indicators developed by J. Welles Wilder. Essentially the same as an exponential moving average, they use different weightings, for which users need to make allowance.
  • Williams %R
    Williams %R is similar to Stochastic %K. Entry signals are taken on divergences, failure swings or crossover of the overbought/oversold level.
  • Williams Accumulate Distribute
    Larry Williams highlights accumulation and distribution by comparing daily trading ranges. Signals are taken on divergences.
  • Williams Accumulation Distribution
    Williams Accumulation Distribution is traded on divergences. When price makes a new high and the indicator fails to exceed its previous high, distribution is taking place.





 
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