ADX is part of the Directional Movement System developed by J. Welles Wilder. It is used to warn of trend changes and to identify whether a stock is trending or ranging.
- Elder Ray Index
Developed by Dr Alexander Elder, the Elder-Ray indicator measures buying and selling pressure in the market and is often used as part of the Triple Screen trading system.
- Ichimoku Cloud
Ichimoku Cloud is a complete trend trading system, combining leading and lagging averages with traditional candlestick charts.
- Mass Index
Donald Dorsey's Mass Index predicts trend reversals by comparing trading range over a 9 day period.
Momentum measures trend strength and identifies likely reversal points: on divergences or when Momentum crosses the overbought/oversold line.
- Negative Volume
Norman Fosback uses Negative Volume Index (NVI) with Positive Volume Index (PVI) to identify bull markets.
- Positive Volume
Introduced by Norman Fosback, Positive Volume Index identifies bull and bear markets by measuring activity on days when volume is higher.
- Rate Of Change (Price)
A refinement of Momentum, Rate of Change is designed to fluctuate as a percentage around the zero line.
- Relative Strength Index (RSI)
Developed by Welles Wilder, RSI (Relative Strength Index) is a popular momentum oscillator that compares upward and downward movements in closing price.
- Slow Stochastic
The Slow Stochastic Oscillator provides more reliable signals than the original indicator, applying further smoothing to reduce volatility and improve accuracy.
- Smoothed Rate of Change (SROC)
Smoothed Rate of Change (SROC), introduced by Fred G Schutzman in 1991, gives slower but more accurate signals than other momentum oscillators.
- Stochastic Oscillator
The Stochastic Oscillator tracks market momentum and provides excellent entry and exit signals from crossover of %K and %D lines or overbought/oversold levels.
- TRIX Indicator
Designed for trading trends, TRIX uses a triple-smoothed moving average to eliminate cycles shorter than the indicator period.
- Twiggs Momentum Oscillator
Twiggs Momentum Oscillator is a smoothed version of the Rate Of Change oscillator. Its primary purpose is to identify fast trending stocks.
- Vertical Horizontal Filter (VHF)
Adam White's Vertical Horizontal Filter (VHF) identifies trending and ranging markets.
- Williams %R
Williams %R is similar to Stochastic %K. Entry signals are taken on divergences, failure swings or crossover of the overbought/oversold level.
- Williams Accumulate Distribute
Larry Williams highlights accumulation and distribution by comparing daily trading ranges. Signals are taken on divergences.
- Twiggs Smoothed Momentum
Twiggs Smoothed Momentum is a smoothed version of the proprietary Twiggs Momentum oscillator. Its purpose is to provide a slower, less erratic signal for following long-term trends.
- Chande Momentum Oscillator
Chande Momentum Oscillator uses Overbought and Oversold levels, as well as Divergences, to identify reversals.
- Ultimate Oscillator
Larry Williams' Ultimate Oscillator uses three time frames in order to minimize false signals.
- Stochastic RSI
Stochastic RSI was designed by Tushar Chande and Stanley Kroll to generate more Overbought and Oversold signals than Welles Wilder's original Relative Strength oscillator.
- Bollinger Bands
Bollinger Band filters are calculated using exponential moving averages. Values are compared to Bollinger Bands at 1.0 standard deviation above and below the selected moving average.