Background : The PSO (Premium Stochastic Oscillator) was first introduced by technical analyst Lee Leibfarth in the August 2008 issue of the journal Technical Analysis of Stocks &a...
Background : For some time one Laguerre RSi is floating around with the strange name used : the "Time Fractal Energy adaptive Laguerre RSI". More or less it is an ATR (Average True...
Basics : The Force Index (sometimes referred to as “the index”) is another technical analysis concept introduced by Alexander Elder in his book Trading For A Living.The calculation...
Background : This is a variation of DSL synthetic ema momentum indicator (originally published here : )Instead of using EMA for momentum and DSL (Discontinued Signal Line) calculat...
Basics : Laguerre filter was described long time ago by John Ehlers in the "Time Warp - without Space Travel" document. It is not used a lot probably due to one "cryptic" parameter...
Basics : Usage : You can use the color changes as signals for entries or exits. Also some experimenting with the levels period is advised before using it for trading decisionsPS: t...
Basics: The Laguerre RSI indicator created by John F. Ehlers is described in his book "Cybernetic Analysis for Stocks and Futures". It's a responsive RSI successor constructed usin...
Basics: RSI indicator is frequently used in trading decisions coupled with levels checking. Levels are supposed to show if there is overbought or oversold condition. But frequently...
Basics: The QQE (Quantitative Qualitative Estimator) indicator consists of a smoothed Relative Strength Index (RSI) indicator and two volatility-based trailing levels (fast and slo...
Basics: The original ATR adaptive Laguerre filter (originally published here : ) uses slope/color changes for signals. Here we are changing that.Usage: You can use the color change...
Theory: According to idea, Bollinger bands squeeze detect the periods of "no entry" zones by using the Bollinger bands and Keltner combined. When the Bollinger bands are within Kel...
Basics: Original Ehlers fisher transform is using an adjusted RSI in a fisher transform calculation in order to further normalize and emphasize the RSI values in order to be able t...
Basics: Original Ehlers fisher transform is using an adjusted RSI in a fisher transform calculation in order to further normalize and emphasize the RSI values in order to be able t...
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...