The Average True Range is a volatility indicator. It is
calculated as Modified Moving Average of the True Range.
Chaikin's Volatility indicator compares the spread between a
security's high and low prices. It quantifies volatility as a widening of the
range between the high and the low price.
The Commodity Channel Index (CCI) measures the variation of a
security's price from its statistical mean. High values show that prices are
unusually high compared to average prices whereas low values indicate that
prices are unusually low. Contrary to its name, the CCI can be used effectively
on any type of security, not just commodities.
The Detrended Price Oscillator attempts to eliminate the trend
in prices. Detrended prices allow you to more easily identify cycles and
overbought/oversold levels.
The Moving Average Convergence Divergence (MACD) is a trend
following momentum indicator that shows the relationship between two moving
averages of prices. It is calculated by subtracting the value of a 26-day
exponential moving average from a 12-day exponential moving average. The MACD
proves most effective in wide-swinging trading markets.
The Mass Index was designed to identify trend reversals by
measuring the narrowing and widening of the range between the high and low
prices. As this range widens, the Mass Index increases; as the range narrows
the Mass Index decreases.
The Momentum indicator measures the amount that a security's
price has changed over a given time span. It can be used as a trend-following
oscillator similar to the MACD or as a leading indicator. The formula of the
momentum is:
Momentum[n] = A1[n] - A1[n - period]
The Momentum Division function is similar to the Momentum
indicator. It calculates the ratio of a value compared to the N-th
previous value. The formula is:
MomentumDiv[n] = 100 * A1[n] / A1[n - period]
The Performance indicator displays a security's price
performance as a percentage. This is sometimes called a "normalized" chart.
Rate of Change indicator is measuring the rate at which price
is changing.
The RSI is a price-following oscillator that ranges between 0
and 100. The formula of the RSI is:
RSI[n] = 100 - (100 / (1 + U[n] / D[n]))
U[n] - average value of the upward price change for the given period. D[n] -
average value of the downward price change for the given period.
Standard Deviation is a statistical measure of volatility.
Standard Deviation is typically used as a component of other indicators, rather
than as a stand-alone indicator. For example, Bollinger Bands are calculated by
adding a security's Standard Deviation to a moving average.
The Stochastic Oscillator compares where a security's price
closed relative to its price range over a given time period. Closing levels
that are consistently near the top of the range indicate buying pressure. Those
near the bottom of the range indicate selling pressure.
LL is the current lowest low value for the given time period. HH is the current
highest high value for the given time period.
TRIX is a momentum indicator that displays the percent
rate-of-change of a triple exponentially smoothed moving average of the
security's closing price. It is designed to keep you in trends equal to or
shorter than the number of periods you specify.
Williams %R is a momentum indicator that measures
overbought/oversold levels. This indicator was developed by Larry Williams.
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