Power of USD with average Power of XXX with average indicator Version 229.201 The indicator is a new version of a previously published indicator showing the relative actual strength of currency XXX. Zero lines (0.0) presents average with a chosen period (AveragePeriod variable). The indicator calculates its value of close prices of 7 pairs containing currency…
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…
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Money Flow Index (MFI) is the indicator, which indicates the rate at which money is invested into a security and then withdrawn from it.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…
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…
Force Index The force index is a technical indicator that measures the amount of power used to move the price of an asset. The force index uses price and volume to determine the amount of strength behind a price move. The index is an oscillator, fluctuating between positive and negative territory. It is unbounded meaning…
Commodity Channel Index The CCI was developed by Donald Lambert, a technical analyst who originally published the indicator in Commodities magazine (now Futures) in 1980. Despite its name, the CCI can be used in any market and is not just for commodities. The Formula for CCI is: (Typical Price – Simple Moving Average) / (0.015…