Standard Deviation Standard Deviation – the value of the market volatility measurement. This indicator describes the range of price fluctuations relative to the simple moving average. So, if the value of this indicator is high, the market is volatile, and prices of bars are rather spread relative to the moving average. If the indicator value…
Relative Vigor Index The main point of Relative Vigor Index Indicator (RVI) is that on the bull market the closing price is, as a rule, higher, than the opening price. It is the other way round on the bear market. So the idea behind Relative Vigor Index is that the vigor, or energy, of the…
Relative Strength Index The Relative Strength Index Technical Indicator (RSI) is a price-following oscillator that ranges between 0 and 100. When Wilder introduced the Relative Strength Index, he recommended using a 14-day RSI. Since then, the 9-day and 25-day Relative Strength Index indicators have also gained popularity. A popular method of analyzing the RSI is…
On Balance Volume On Balance Volume Technical Indicator (OBV) is a momentum technical indicator that relates volume to price change. The indicator, which Joseph Granville came up with, is pretty simple. When the security closes higher than the previous close, all of the day’s volume is considered up-volume. When the security closes lower than the…
Moving Average of Oscillator Moving Average of Oscillator is the difference between the oscillator and oscillator smoothing. In this case, the Moving Average Convergence/Divergence base-line is used as the oscillator, and the signal line is used as the smoothing. The Formula for MA of Oscillator is: OSMA = MACD-SIGNAL
Moving Average The Moving Average Technical Indicator shows the mean instrument price value for a certain period of time. When one calculates the moving average, one averages out the instrument price for this time period. As the price changes, its moving average either increases or decreases. There are four different types of moving averages: Simple (also…
Money Flow Index Money Flow Index (MFI) is the indicator, which indicates the rate at which money is invested into a security and then withdrawn from it. Construction and interpretation of the indicator is similar to Relative Strength Index with the only difference that volume is important to MFI. When analyzing the money flow index…
Momentum 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 indicator: You can use the Momentum indicator as a trend-following oscillator similar to the Moving Average Convergence/Divergence (MACD). Buy when the indicator bottoms and turns up and sell…
Market Facilitation Index Market Facilitation Index Technical Indicator (BW MFI) is the indicator that shows the change of price for one tick. Absolute values of the indicator do not mean anything as they are, only indicator changes have sense. Bill Williams emphasizes the interchanging of MFI and volume: Market Facilitation Index increases and volume increases…
Ichimoku Kinko Hyo Ichimoku Kinko Hyo Technical Indicator is predefined to characterize the market Trend, Support, and Resistance Levels, and to generate signals of buying and selling. This indicator works best on weekly and daily charts. When defining the dimension of parameters, 4-time intervals of different lengths are used. The values of individual lines composing…