AwesomeOC Modification of the standard Awesome Oscillator by Bill Williams. Recommended timeframe – М15. It is more suitable for capturing small movements (about 100 points) on volatile pairs. The addition lies in consideration of the current and the previous median average price. As it can be seen from the figure, consideration of two periods resulted in…
Williams’ Percent Range Williams’ Percent Range Technical Indicator (%R) is a dynamic technical indicator, which determines whether the market is overbought/oversold. Williams’ %R is very similar to the Stochastic Oscillator. The only difference is that %R has an upside-down scale and the Stochastic Oscillator has internal smoothing. To show the indicator in this upside-down fashion,…
Stochastic Oscillator The Stochastic Oscillator Technical Indicator compares where a security’s price closed relative to its price range over a given time period. The Stochastic Oscillator is displayed as two lines. The mainline is called %K. The second line, called %D, is a Moving Average of %K. The %K line is usually displayed as a…
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…
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
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…
Gator Oscillator Gator Oscillator is based on the Alligator and shows the degree of convergence/divergence of the Balance Lines (Smoothed Moving Averages). The top bar chart is the absolute difference between the values of the blue and the red lines. The bottom bar chart is the absolute difference between the values of the red line and the…
Envelopes Envelopes Technical Indicator is formed with two Moving Averages one of which is shifted upward and another one is shifted downward. The selection of the optimum relative number of band margins shifting is determined with the market volatility: the higher the latter is, the stronger the shift is. Envelopes define the upper and the lower…