Theory: In his article "The Derivative Moving Average" (back in 1996), Adam White describes what he called TAI (Trend Analysis Index) indicator as a basis for trade entries. Quite ...
Theory: BB stops is using Bollinger bands as a criteria for determining if the trend is changing as well as determining the trend direction. The usual way how it finds out the stop...
Theory: BB stops is using Bollinger bands as a criteria for determining if the trend is changing as well as determining the trend direction. The usual way how it finds out the stop...
Theory: The original indicator was described by B. Williams as fourth dimension - Trading Zone:If the current bars of AC and AO are trending up, it shows that the zone is upIf the ...
Basics: The Chande Momentum Oscillator is a technical momentum indicator invented by Tushar Chande. Chande introduced the indicator in his 1994 book "The New Technical Trader". It ...
Basics: Originally this indicator was developed for MetaTrader 4 by ANG3110 (it was originally posted here : )From the original description:Usage: You can either use color changes ...
Basics: The "eternal" question is if the fixed period smoothing / filtering / adapting should be improved or not. Probably the best question is what is it using for adapting and th...
Basics: Variable Index Dynamic Average (VIDYA) technical indicator was developed by Tushar Chande.It is an original method of calculating the Exponential Moving Average (EMA) with ...
The theory: The indicator is made after the original work and idea of Francesco G. Cavasino (described in his published article "Stochastic volatility").Original stochastic (Origin...
Basics: We are all using averages for market assessment. One of the ways averages are used is using the change of the slope of the average as a signal. But that way tends to produc...
Basics: We are all using averages for market assessment. One of the ways averages are used is using the change of the slope of the average as a signal. But that way tends to produc...
Basics: We are all using averages for market assessment. One of the ways averages are used is using the change of the slope of the average as a signal. But that way tends to produc...
Basics: The Efficiency Ratio (ER) was first presented by Perry Kaufman in his 1995 book ‘Smarter Trading‘. It is calculated by dividing the price change over a period by the absolu...
Basics:Instead of using fixed periods for Laguerre RSI calculation it is using ATR (Average True Range) adapting method to adjust the calculation period. It makes the RSI more resp...
Basics:Usage: You can use it (in combination with adjustable levels) for signals when color of the Laguerre RSI changes.The "big picture" example: Comparing the non-smoothed (upper...
The arc is drawn according to the formula:where a, b, c are the coefficients, and n is the bar number.In fact, it is a polynomial of degree 2. Three points are sufficient to calcul...
Basics : The true strength index(TSI) is a technical indicator used in the analysis of financial markets that attempts to show both trend direction and overbought/oversold conditio...
Basics: The true strength index(TSI) is a technical indicator used in the analysis of financial markets that attempts to show both trend direction and overbought/oversold condition...
Basics: The commodity channel index(CCI) is an oscillator originally introduced by Donald Lambert in 1980.CCI measures a security’s variation from the statistical mean.The CCI is c...
Definition(s): The Momentum Technical Indicator measures the amount that a security’s price has changed over a given time span. There are basically two ways to use the Momentum ind...
Theory: The indicator was created as an experiment. The experiment was how simple one oscillator can get and still be usable. And it turned out that it is enough to sum prices in a...
The standard Heikin Ashi candle representation has an open value that is equivalent to an Exponential Moving Average (EMA) of the Total Price, of which the alpha value of the EMA i...
Theory: MACD, short for moving average convergence/divergence, is a trading indicator used in technical analysis, created by Gerald Appel in the late 1970s. It is supposed to revea...
Theory: The Hilbert Transform itself, is an all-pass filter used in digital signal processing. By using present and prior price differences, and some feedback, price values are spl...
Theory: The Hilbert Transform itself, is an all-pass filter used in digital signal processing. By using present and prior price differences, and some feedback, price values are spl...
Theory: Giorgos E. Siligardos, as a part of the leader of the MACD indicator, constructed a kind of a new moving average which we can call "leader EMA" (he calls it "a kind of a Ze...
In a lot of cases we need some way to measure the volatilityAmong the other ways, here is one simple way : it is a ratio of (sum of price differences) to average of (sum of price d...
RSI is, by definition, a momentum family indicatorPS: it is using custom RSI for calculation. It might seem that i would be faster to use built in RSI, but that would be misleading...
This is volatility adjusted WPR (Williams Percent Range). Volatility used for adjusting is the "simple volatility" (no need for it, it is already incorporated in the code of this i...
CalculationThe calculating method is deviation when compared to usual momentum calculation. Momentum is calculated as a sum of absolute differences of current price to the price 1 ...
Hull moving average is, apart from what is widely know about it as a fast and smooth average, known for two issues that are not too positive (depending on point of view, but in gen...
As it has been explained a couple of times, RSI, in its original form, uses what is sometimes called Wilders EMA for calculation (in values, it is exactly the same as SMMA (Smoothe...
Definition: By definition TSI (True Strength Index) is a double smoothed momentum calculated using the following formula:By further extending his definition, William Blau states th...
Definition: The indicator is taking a series of averages and calculates differences between the fastest of the specified and the rest. The result is taken as a trend.You can use (t...
Theory: VMA (Variable Moving Average) is often mistakenly confused with the VIDYA (Volatility Index Dynamic Average) which is not strange since Tushar Chande took part in developin...
Theory: Usage: The standard deviation ratio (SDR) on its own can be used in a similar mode as the regular standard deviation - as a measure of current market volatility (ie: it is ...
Theory: Based on that, here is an EMA that is using the SDR (Standard Deviation Ratio, published as a standalone indicator here : ) as a way to make it adaptive.Usage:It can be use...
Trading is based on three iMAs (Moving Average, MA). Two different indicators are compared for BUY and SELL. The necessary condition is a distance between indicators (Indentation b...
indicator with the timeframe selection option available in input parameters:For the indicator to operate, the SSL_NRTR.ex5indicator should be added to the <terminal_data_directo...
The trading system based on indicator signals with the possibility to set a fixed position holding time. The signal is formed when a bar is closing if the indicator changes its col...
Exp_XHullTrend_Digit is based on signals generated by trend indicator. The signal is formed when a bar is closing if there is change in cloud color of the indicator.For a correct o...
The trading system based on the indicator signals with an ability to change the volume of a forthcoming trade depending on the results of the previous trades for this trading syste...
Trix oscillator is an oscillator based on the smoothed triple moving average. The indicator was developed in the early 1980's by Jack Hutson, an editor for "Technical Analysis of S...
Tick Based Stochastic with histogram - with the K and D lines difference histogram.It has ten input parameters:%K period- stochastic K line period%D period- stochastic D line perio...
Like , Tick Based Stochastic is a modified stochasticIt has eight adjustable parameters:%K period- stochastic K line period%D period- stochastic D line periodSlowing - slowing%K me...
Stochastic expansion oscillator is a stochastic oscillator with a non-conventional calculation and display.The indicator has three input parameters:%K period- K line calculation pe...