The Keltner Channel is a moving average band indicator whose upper and lower bands adapt to changes in volatility by using the average true range. The Keltner Channel is used to signal possible price breakouts, show trend, and give overbought and oversold readings. There are many variations to calculating the Keltner Channel, but generally speaking a moving...
MACD is an acronym for Moving Average Convergence Divergence. This tool is used to identify moving averages that are indicating a new trend, whether it’s bullish or bearish. After all, our top priority in trading is being able to find a trend, because that is where the most money is made. MACD With an MACD chart, you will usually see three numbers that are used...
The parabolic SAR, or parabolic stop and reverse, is a popular indicator that is mainly used by traders to determine the future short-term momentum of a given asset. The indicator was developed by the famous technician J. Welles Wilder Jr. and can easily be applied to a trading strategy, enabling a trader to determine where stop orders should be placed. (The...
S The stochastic oscillator is a momentum indicator that can be used the time entry and exits based on the overbought or oversold condition of the underlying financial instrument. Originally developed by Dr. George Lane in the 1950s, the concept was to compare the current price relative to the price range for a segment of time. The indicator has three inputs based...
What is the 'StochRSI' The StochRSI is an indicator used in technical analysis that ranges between zero and one and is created by applying the Stochastic Oscillator formula to a set of Relative Strength Index (RSI) values rather than standard price data. Using RSI values within the Stochastic formula gives traders an idea of whether the current RSI value is...
The triple exponential average (TRIX) indicator is an oscillator used to identify oversold and overbought markets, and it can also be used as a momentum indicator. Like many oscillators, TRIX oscillates around a zero line. When it is used as an oscillator, a positive value indicates an overbought market while a negative value indicates an oversold market. When...
The vortex indicator plots two oscillating lines, one to identify positive trend movement and the other to identify negative price movement. Crosses between the lines trigger buy and sell signals that are designed to capture the most dynamic trending action, higher or lower. There’s no neutral setting for the indicator, which will always generate a bullish or...
Indicators based on channels, bands and envelopes are designed to encompass most price action. Therefore, moves above or below the envelopes warrant attention. Trends often start with strong moves in one direction or another. A surge above the upper envelope shows extraordinary strength, while a plunge below the lower envelope shows extraordinary weakness. Such...
Technical Analysis: The Zig Zag Indicator The Zig Zag indicator is what is known as a filtering or smoothing indicator. Its primary purpose is to filter out insignificant fluctuations in the price of a security and accurately track whatever the existing trend is. It can also be used to identify support and resistance price levels in a market. It’s also sometimes...
Moving averages smooth the price data to form a trend following indicator. They do not predict price direction, but rather define the current direction with a lag. Moving averages lag because they are based on past prices. Despite this lag, moving averages help smooth price action and filter out the noise. They also form the building blocks for many other...
Retraction can be expected up to the support channel where OBO is formed in the log. Another important factor is the significant decline in long positions in oil contracts over the past two months. According to CFTC data, long positions in futures oil contracts have experienced a decrease of about 40% since April. My analysis is not an investment recommendation,...
A stock's volume refers to the number of shares that are sold, or traded, over a certain period of time (usually daily). A high daily volume is common when stock-specific news items are released or when the market moves significantly, while a low daily volume can occur on light-news days and calm days for the stock market. What is volume? Broadly speaking, volume...
Hello friends; BTC is having a hard time, it can not show the expected output of the market (I'm not expecting it in the next phase of my BTC analysis. We reconsider the value of the band of 4500-6000 which is the support channel first. Supporting this band is support resistance conversion and AB = CD expectancy. Targets and Stop graphic. It is slavery that...
What is the 'Chaikin Oscillator' Named after its creator, Marc Chaikin, the Chaikin oscillator is an oscillator that measures the accumulation/distribution line of the moving average convergence divergence (MACD). The Chaikin oscillator is calculated by subtracting a 10-day exponential moving average (EMA) of the accumulation/distribution line from a three-day...
Bollinger Bands indicate relative high and low prices, using this information you can buy relatively low and sell relatively high. With this strategy you can configure at which percentage from the lower Bollinger Band Gunbot should buy, and at which percentage from the upper Bollinger Band a sell order should be placed. Combined with RSI, Stochastic or MFI, this...