RAVI (Range Action Verification Index) It is developed on the other principle, not on ADX’s. Chand suggests 13-weeks SMA as a basis of the indicator. It represents the quarter (3 months = 65 working days) behaviour of the market populace about price. The short average is 10% of the long one and is roughly equal…
Daily range forecasting of price daily ranges. This indicator shows the resistance and support levels of the current day, the levels are forecasted on the basis of the price levels of the previous day.
Indicator Impulse CD Indicator Impulse CD, an extension of the impulse approach to the trading and the elaboration of the Impulse MACD indicator. The idea of further development has originated after the visual observing the above-mentioned indicator. It’s rather difficult to determine the moment when the signal line of the indicator begins to deviate from the…
Chande QStick v1 Indicator QStick represents a simple n-period moving average for the difference of the close and open prices. QStick = MA(n, (Close – Open)), QStick can be used as a simple substitution or as the candlesticks determinant. The positive values of QStick denote the domination of the “white” candlesticks in the n-period interval,…
Large Time Frame Indicator LargeTimeFrame. It draws the candlesticks of a larger timeframe on the chart.
Indicator Raznost2 The indicator shows the difference between the open price of the last bar and the close price of the previous bar.
Will-Spread Larry Williams indicator. It considers the influence of the secondary market on the trading market.
Lagrange’s Interpolation Polynomial Lagrange’s interpolation polynomial is used for the determination of the function on the basis of the given points. In point of fact, the indicator takes the coordinates of the points located between extern int begin and extern int end (marked with the red and blue lines on the chart), and calculates the coordinates of the next…
Murrey Math Lines (Support and Resistance) MM Lines are drawn where support and resistance is. Characteristics of MMLs Since, according to Gann, prices move in 1/8’s, these 1/8’s act as points of price support and resistance as an entity’s price changes in time. Given this 1/8 characteristic of price action, Murrey assigns properties to each…