Accumulative Swing Index

The Accumulative Swing Index is a cumulative total of the Swing Index, which calculates the strength of a security by comparing the open, high, low and close prices with previous values.

Aroon

The Aroon indicator is used to help identify if a stock is trending or not.

Aroon Oscillator

Price Volume Trend (sometimes referred to as Volume Price Trend) is a technical indicator that compares price to volume. Price Volume Trend is closely related to the On Balance Volume index

Bollinger Bands

Bollinger Bands were invented by John Bollinger in the 1980s. Bollinger Bands measure a high and low trading range using a calculation based on standard deviation

Center of Gravity

The Center Of Gravity oscillator, by John Ehlers, shows a comparison of recent prices versus older prices within a sliding window.

The prices can be thought of as being placed on two ends of a beam that is supported in the center. The oscillator represents the balance point or center of gravity on the beam

Chaikin Money Flow

The Chaikin Money Flow oscillator is a momentum indicator that identifies areas of buying and selling in the market by observing price in relation to volume. This indicator is based upon Chaikin Accumulation/Distribution, which is based upon the premise that if a stock closes above its midpoint [(high+low)/2] for the day then there was accumulation. Conversely, if it closes below its midpoint, then there was distribution.

Chaikin Volatility

The Chaikin Volatility Oscillator is a moving average derivative of the Accumulation/Distribution index.

Chande Forecast Oscillator

The Chande Forecast Oscillator calculates the deviation between the current bar’s price and an n-bar linear regression forecast value.

Chande Momentum Oscillator

The Chande Momentum Oscillator (CMO) is an advanced momentum oscillator derived from linear regression.

Commodity Channel Index The CCI was developed by Donald Lambert. The purpose of this indicator is to identify cyclical turns in commodities. The indicator is also frequently used with equities and currencies.

Comparative Relative Strength

The Comparative Relative Strength index is a computation between two input series. The values of one time series are divided by the other.

Coppock Curve

The Coppock Curve, developed by Edwin Coppock and published in Barron’s Magazine in 1962, is based on a 14-month and 11-month rate of change, smoothed by a 10-period weighted moving average.

Detrended Price Oscillator

The Detrended Price Oscillator is used when it is desirable to remove long-term trends or outliers from price data

Directional Movement System

The Welles Wilder Directional Movement System is composed of ADX, DI+ and DI-. The indicators gauge how much the market is trending, either up or down.

The higher the ADX line, the more the market is trending and the more suitable it becomes for a trend-following system.

DI+ represents a measure of uptrend strength and DI- represents a measure of downtrend strength.

Detailed information about this indicator can be found in Welles Wilder’s book, “New Concepts in Technical Trading Systems”.

Ease of Movement

The Ease of Movement oscillator shows a unique relationship between price change and volume.

Ehlers Fisher Transform

Ehlers Fisher Transform is an oscillator that is based on the principle that security prices do not have a Gaussian probability distribution function.

The Fisher Transform makes the probability distribution function nearly Gaussian, creating turning points that are sharply peaked for easier identification of trend changes.

Elder Force Index

The Elder Force Index is calculated by the change in price from the previous to the current day, multiplied by volume.

Elder Ray Bear Power

The Elder Ray indicator, developed in 1989 by Dr. Elder, measures bullish and bearish “power” by comparing the daily high and low to a moving average

Elder Ray Bull Power

The Elder Ray indicator, developed in 1989 by Dr. Elder, measures bullish and bearish “power” by comparing the daily high and low to a moving average

Elder Thermometer

The Elder Thermometer indicator is described in Dr. Alexander Elder’s book “Come into my trading room” on page 162.

This indicator measures the “temperature” of the market, indicated by greater or lesser intraday ranges.

Exponential Moving Average

The Exponential Moving Average is a type of Moving Average that applies more weight to recent values by adding a small percentage of the current value to the previous value.

Flipit

Stop and reverse indicator based on the highs and lows of a given period. It will flip if the bar takes out the previous step in real time or

closes crossing the own step.

Fractal Chaos Bands

The chaotic nature of stock market movements explains why it is sometimes difficult to distinguish hourly charts from monthly charts if the time scale is not given.

The patterns are similar regardless of the time resolution. Like the chambers of the nautilus, each level is like the one before it, but the size is different.

Fractal Chaos Bands can be used to examine these patterns.

Fractal Chaos Oscillator

The chaotic nature of stock market movements explains why it is sometimes difficult to distinguish hourly charts from monthly charts if the time scale is not given.

The patterns are similar regardless of the time resolution. Like the chambers of the nautilus, each level is like the one before it, but the size is different.

The Fractal Chaos Oscillator can be used to examine these patterns.

Gopalakrishnan Range Index

The Gopalakrishnan Range Index (GAPO) by Jayanthi Gopalakrishnan quantifies the variability of price data based on the log of the price range over an n-bar period.

High Minus Low

The High Minus Low indicator is quite simply a running index of the high price minus the low price

Historical Volatility

Historical volatility is the lognormal standard deviation. Historical Volatility is based on the book by Don Fishback, “Odds: The Key to 90% Winners”.

Historical volatility outputs an n-period index ranging between 1 and 0. The formula is Stdev(Log(Close / Close Yesterday), 30) * Sqrt(365)

Intraday Momentum Index

The Intraday Momentum Index by Tushar Chande is very similar to the RSI except it is based on the relationship between a single bar’s open and close prices instead of referencing the previous bar’s prices.

Keltner Channel

Keltner Channel is a volatility based moving average envelope that shifts a moving average of the True Range indicator by a certain percentage upwards and downwards.

Klinger Volume Oscillator

The Klinger Volume Oscillator by Stephen J. Klinger is based on cumulative volume. The security’s volume is added or subtracted based on the direction of the Typical Price.

Linear Regression Forecast

In statistics, linear regression is an approach to model the relationship between a scalar dependent variable y and one or more explanatory variables denoted X. The case of one explanatory variable is called simple linear regression. For more than one explanatory variable, it is called multiple linear regression

Linear Regression Intercept

In statistics, linear regression is an approach to modeling the relationship between a scalar variable y and one or more explanatory variables denoted X. The y intercept is the y value of the linear regression line when X equals zero.

Linear Regression R Squared

The coefficient of determination R2 measures the proportion of variability in the price data. R2 is simply the square of the sample correlation coefficient between the price and the predicted price.

Linear Regression Slope

In statistics, linear regression is an approach to modeling the relationship between a scalar variable y and one or more explanatory variables denoted X. The slope is b, and a is the intercept (the value of y when x = 0)

MACD

The MACD is a moving average oscillator that shows potential overbought/oversold phases of market fluctuation. The calculation is based on two different moving averages of the price data

MACD Histogram

The MACD is a moving average oscillator that shows potential overbought/oversold phases of market fluctuation. The calculation is based on two different moving averages of the price data.

Market Facilitation Index

The Market Facilitation Index, developed by Dr. Bill Williams, shows prices changes as they relate to volume. The formula is (High – Low) / Volume.

Mass Index

The Mass Index identifies price changes by indexing the narrowing and widening change between high and low prices

Median

The Median Price is simply the running median of the high and low price data.

Momentum Oscillator

The Momentum Oscillator calculates the change in price as a ratio over a specified length of time.

Money Flow Index

The Money flow index (MFI) is an oscillator that ranges from 0 to 100. It is used to show the money flow (an approximation of the dollar value of a day’s trading) over several days.

Moving Average Envelope

Moving Average Envelopes are based on moving averages calculated from the underlying price, shifted up and down by a fixed percentage.

Negative Volume Index

The Negative Volume Index measures the price trend for periods where volume decreases from the previous volume

On Balance Volume

The On Balance Volume indicator is calculated based on a cumulative total of volume to show a relationship between price and volume.

Parabolic SAR

The Parabolic SAR was developed by Welles Wilder. This indicator is always in the market (whenever a position is closed, an opposing position is taken)

Performance Index

The Performance Index calculates price performance as a normalized value or percentage over time.

Positive Volume Index

The Positive Volume Index measures the price trend for periods where volume increases from the previous volume.

Pretty Good Oscillator

The Pretty Good Oscillator by Mark Johnson measures the distance of the current bar’s close price from a moving average, divided by the True Range.

Price Oscillator

The Price Oscillator displays a spread between two moving averages

Price ROC

Price Rate of Change is calculated by dividing the security’s price over the last n-periods by the total price within the last n-periods window.

If the price from the current day is lower than n-periods ago, Price ROC trends lower. The actual formula is ((Close – Close n-periods ago ) / Close n-periods ago) * 100

Price Volume Trend

Price Volume Trend (sometimes referred to as Volume Price Trend) is a technical indicator that compares price to volume. Price Volume Trend is closely related to the On

Balance Volume index.

Prime Number Bands

Prime Number Bands calculates the nearest prime number for the high and low prices.

Prime Number Oscillator

This indicator finds the nearest prime number from either the top or bottom of the series, and plots the difference between that prime number and the price data

QStick

QStick was developed by Tushar Chande as a quantifier for candlestick charts. QStick shows the relationship of the open and close prices

Rainbow Oscillator

The Rainbow Oscillator is based upon moving average of multiple time frames.

Random Walk Index

Random Walk Index by E. Michael Poulos is shows the variability of price differs from what would be expected by a random walk

RAVI

RAVI (Rapid Adaptive Variance Indicator) by Tushar Chande, measures trend intensity. The formula is based on VIDYA (Volatility Based Index Dynamic Average), also by Tushar Chande

Relative Strength Index

The Relative Strength Index (RSI) is a technical indicator developed by J. Welles Wilder, which measures the velocity and magnitude of price movements within a security. RSI is computed as the ratio of higher closes to lower closes within an n-period sliding window.

Schaff Trend Cycle

The Schaff Trend Cycle, by Doug Schaff, combines both Slow Stochastics and the Moving Average Convergence/Divergence (MACD).

Simple Moving Average

The Simple Moving Average is simply an average of values over a specified period of time.

Standard Deviation

Standard deviation is a measure of variability used in statistics and probability theory. Standard Deviation is used in finance to show how much volatility exists in the underlying data. Low values indicate that the security’s price is very close to the mean, whereas high values indicate that the price is more volatile than normal.

Stochastic Momentum Index

The Stochastic Momentum Index, developed by William Blau, first appeared in the January 1993 issue of Stocks & Commodities magazine. This indicator plots the closeness relative to the midpoint of the recent high/low range

Stochastic Oscillator

The Stochastic Oscillator is a popular indicator that shows where a security’s price has closed in proportion to its closing price range over a specified period of time

Stoller Average Range Channels

Stoller Average Range Channels (STARC) is a volatility based channel system that shifts a moving average of the True Range indicator by a certain percentage upwards and downwards.

Swing Index

The Swing Index calculates the strength of a security by comparing the open, high, low and close prices with previous values.

Time Series Moving Average

Time Series Moving Averages are very different from other types of Moving Averages. The calculation is derived from linear regression forecasts instead of actual data values. For that reason, the Time Series Moving Average can be much greater than or less than the underlying data if the linear regression trend has been increasing or decreasing

Trade Volume Index

Trade Volume Index shows whether a security is being accumulated or distributed over period of time.

Triangular Moving Average

The Triangular Moving Average is similar to the Simple Moving Average in that it averages the underlying data over a specified number of previous values.

However, the Triangular Moving Average differs in that it is calculated and averaged n-times. The actual formula is TMA = (SMA1 + SMA2 + SMA3 + SMA4 + … SMAn) / n.

Variable Moving Average

The Variable Moving Average is similar to an Exponential Moving Average with the added benefit of being able to adjust to market volatility. For this reason, the Variable Moving Average may be useful in sideways moving markets.

VIDYA

The Volatility Index DYnamic Average (VIDYA) indicator is a type of Moving Average derived from the coefficient of determination.

Weighted Moving Average

The Weighted Moving Average is a type of Moving Average that assigns more weight to the most recent data points. The formula is P0 + αP1 + α2P2 + α3P3 + ⋅⋅⋅ + αnPn +

Welles Wilder Smoothing

Developed by J. Welles Wilder, Jr. this indicator is similar to the Exponential Moving Average. It is rather slow to reflect changes in the underlying data when compared with other Moving Averages. This indicator is also used as the basis of Wilder’s Relative Strength Index.

William Accumulation Distribution

Williams Accumulation Distribution shows a relationship of price and volume over time.

TRIX

TRIX is a momentum oscillator that shows the rate of change of an exponentially averaged closing price.

True Range

True Range is an indicator developed by Welles Wilder, which measures market volatility.

Twiggs Money Flow

Twiggs Money Flow by Colin Twiggs is based on the Chaikin Money Flow index. The indicator warns of breakouts and provides trend confirmations.

The indicator is based on the observation that bullish markets are normally signaled by increased volume along with bar closes above the median of each bar. Likewise, bearish markets are normally signaled by increased volume along with bar closes below the median of each bar.

Typical Price

Typical Price (also known as Pivot Points) is a running average of the high, low and close values.

Ultimate Oscillator

Ultimate Oscillator was developed by Larry Williams. The indicator is based buying and selling “pressure” represented by when a bar’s closing price falls within the bar’s true range

Vertical Horizontal Filter

The Vertical Horizontal Filter (VHF) identifies whether a market is in a trending or choppy movement phase.

Volume Oscillator

The Volume Oscillator shows a spread of two different moving averages of volume over a specified period of time

Volume ROC

Volume Rate of Change is calculated by dividing the security’s volume over the last n-periods by the total volume within the last n-periods window.

If the volume from the current day is lower than n-periods ago, volume ROC trends lower. The actual formula is ((Volume – Volume n-periods ago ) / Volume n-periods ago) * 100

Williams PcTR

Williams %R shows overbought and oversold levels by calculating the current closing price in relation to the high and low prices over the past n-periods.

Source: Market Traders Institute – MTI

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