Technical analysis
IMI - Intraday Momentum Index
Technical Analysis - Indicators of Technical Analysis

Intraday Momentum Index was created by Tushar S. Chande and Stanley Kroll. They described it in the "New Technical Trader" book (1994). It's quite similar to RSI and its aim is to reveal the oversold and overbought levels.

Read more...
 
DYMOI - Dynamic Momentum Index
Technical Analysis - Indicators of Technical Analysis

Dynamic Momentum Index (DYMOI) was made by Tushar Chande and Stanley Kroll. They described it in their book "The New Technical Trader". Its aim is to reveal the oversold and overbought levels. The number of days for its calculation depends on the market volatility. As days for its calculation are being changed everyday the indicator is called "dynamic".

Read more...
 
STC - Schaff Trend Cycle
Technical Analysis - Indicators of Technical Analysis

STC - Schaff Trend Cycle was created by Dough Schaff. STC combines the advantages of trend-following indicators, cyclic and counter-trend oscillators into one single indicator. Schaff Trend Cycle is not based on Close price as it is usual, but its calculation is based on another indicator. So we can get Buy and Sell signals excluding many false whipsaws. Moreover STC generates signals soon enough, even before the trend changes. That's the reason why it is considered to be one of the best indicators ever.

Read more...
 
RWI - Random Walk Index
Technical Analysis - Indicators of Technical Analysis

Random Walk Index (RWI) was created by Michael Poulos and published in September 1992 in "Technical analysis of Stocks and Commodities". It is a trend indicator - similar to ADX or Aroon. Its aim is to find out whether the price move is just random and choppy or a significant trend is just being formed. It separates the ranging market from the trending one.  The indicator takes into consideration the real price movement during "n" time periods and compares it to a "random walk" movement where no significant trend is prevailing.

Read more...
 
FRAMA - Fractal Adaptive MA
Technical Analysis - Indicators of Technical Analysis

Fractal adaptive moving average (abbreviation FRAMA aka FAMA) was created by John Ehlers. The aim of FRAMA is to identify the price fractals. Fractals are a geometrical shapes that can be devided into smaller parts. These parts are just a smaller copy of the whole geometrical shape.

Read more...
 
KAMA - Kaufman Adaptive Moving Average
Technical Analysis - Indicators of Technical Analysis
KAMA - Kaufman Adaptive Moving Average was created by Perry Kaufman and first described in his "Smarter Trading "(1995). Kaufman created KAMA to take into consideration the noise of the market. If there is an Uptrend with some small swings prevailing on the market, the market noise is just marginal and KAMA follows the price very closely. On the other hand if the market moves sideways (Ranging market) – it means Close price closes some days up some days down, the market noise is very High. KAMA follows the price with larger distance to lessen the number of false signals then.
Read more...
 
T3 Moving Average
Technical Analysis - Indicators of Technical Analysis
Tillson's T3 is a kind of Moving average. Tim Tillson described it in "Technical Analysis of Stocks and Commodities", January 1998. He named his article "Better Moving Averages".

Tillson’s moving average becomes a popular indicator of Technical analysis. Its advantage is that it gets less lag with the price chart and its curve is considerably smoother. By using it, the trader can get early entry and less number of false signals.

Read more...
 
GDEMA - Generalized Double EMA
Technical Analysis - Indicators of Technical Analysis
Generalized DEMA isn't any stand-alone indicator. It's just a combination of 2 moving averages with the possibility to modify their weight in the final indicator.

First of the two indicators implied is well-known EMA (Exponential moving average). EMA as such is a very good trading tool. It can emphasize the last prices and adapt to the prevailing market conditions very fast, too.
The second indicator, implied to the calculation of GDEMA is Double Exponencial Moving Average. This type of moving average has almost the same advantages as EMA has, but in adition it is also much smoother, so we can get less false trading signals. (Beware: this is not DEMA according to Mulloy, but just EMA of EMA - i.e. Exponential moving average of Exponential moving average).

 

Read more...
 
Force Index
Technical Analysis - Indicators of Technical Analysis

Force Index was created byl Alexander Elder. He described this indicator in the "Trading for a Living", 1993. Force index calculation is based on the price, as well as the volume of the asset. Its aim is to reveal prevailing forces on the market - either positive or negative.

Read more...
 
DEMA - Double Exponencial Moving Average
Technical Analysis - Indicators of Technical Analysis
DEMA (Double Exponencial Moving Average) is another type of moving average. I was created by Patrick Mulloy and first described in "Technical Analysis of Stocks and Commodities" magazine in 1994. DEMA follows the price graph closer than most of other moving averages, so the lag is lower and the curve is not so choppy.
Read more...
 
Ease of Movement
Technical Analysis - Indicators of Technical Analysis
Ease of Movement indicator was created by Richard W. Arms, Jr.. As the title says, its aim is to assess "easiness" by which the asset price is changing. It takes into consideration not just the prices but also the volume of trades that have been at those prices realized.
Read more...
 
Vidya - Variable Index Dynamic Average
Technical Analysis - Indicators of Technical Analysis
Vidya – Variable Index Dynamic Average was created by Tushar S. Chande. It is a type of Moving average, that adjusts its length according to the market volatility. The higher the volatility is, the higher importance is given to the actual prices and vice versa.
Read more...
 
CMO - Chande Momentum Oscillator
Technical Analysis - Indicators of Technical Analysis
Chande Momentum Oscillator (CMO) was created by Tushar S. Chande. First time it was described in his book "The new Technical Trader" (Tushar S. Chande, Stanley Kroll). This indicator is similar to RSI and others momentum oscillators. Alike the RSI, its aim is to detect the overbought and oversold conditions.
Read more...
 
HMA - Hull's Moving Average
Technical Analysis - Indicators of Technical Analysis
HMA - Hull’s Moving Average was created by Allan Hull. Hull’s moving average serves mainly to idenfity the prevailing market trend. Unlike an EMA the Hull's Moving Average curve is considerably smoother and follows the price graph much closer. It is used especially for middle-term and long-term trading.
Read more...
 
Open Interest
Technical Analysis - Indicators of Technical Analysis
Open Interest (abbrev. OI) reflects the number of contracts opened in a specific market. If there is an Open Interest of 100 thousand in the Sept. Wheat, i.e. 100 thousand contracts was bought and selled from the time the market had been opened  for trading to present day.
Read more...
 
Volume
Technical Analysis - Indicators of Technical Analysis
Volume means the number of Contracts that were agreed among traders. In other words, if today's Volume is 10,000, it means that 10 thousand contracts were traded today.

While the market Price represents the Demand and Supply Equilibrium, the Volume presents the number of contracts agreed.

Read more...
 
Zig Zag
Technical Analysis - Indicators of Technical Analysis
Zig Zag is used to remove the market noise from the price chart, so the prevailing trend can be more clear. It belongs to the indicators of Technical analysis.
Read more...
 
WAD - Williams Accumulation Distribution
Technical Analysis - Indicators of Technical Analysis
Williams Accumulation/Distribution was created by Larry Williams.

This indicator measures the preasure to Sell/Buy. That is also the reason why it's called Accumulation (Bulls control the market) and Distribution (the market is controlled by Bears).

Read more...
 
VHF - Vertical Horizontal Filter
Technical Analysis - Indicators of Technical Analysis
Vertical Horizontal Filter (VHF) was created by Adam White. He described it in "Futures" magazine, August 1991.


Its aim is to determine whether the asset prices are trending or not. If the VHF values begin to rise, it means a new trend just forms. If the VHF values fall, the trend is about to cease.

Read more...
 
VAMA - Volume Adjusted Moving Average
Technical Analysis - Indicators of Technical Analysis
Volume Adjusted Moving Average – VAMA. It is a special type of Moving Average that takes into account not just the time period, but also the Volume of single days. Days with higher Volume are more important than the others.
Read more...
 
<< Start < Prev 1 2 3 Next > End >>

Page 1 of 3

Forex Trading

Advertising