Table of Content
- Absolute Price Oscillator (APO)
- Acceleration Bands
- Accumulation/Distribution Line (ADL)
- AlphaTrends Anchored VWAP (AVWAP)
- Arnaud Legoux Moving Average
- Aroon, Oscillator
- Average Directional Index (ADX)
- Average True Range (ATR), Trailing Stops
- Awesome Oscillator
- Balance of Power
- Bollinger Bands (R), %B, Width
- Chaikin Money Flow, Oscillator, Volatility
- Chande Kroll Stop, Momentum Oscillator
- Chandelier Exit
- Choppiness Index (CHOP)
- Commodity Channel Index (CCI)
- Connors RSI (CRSI)
- Coppock Curve
- Departure Chart
- Detrended Price Oscillator (DPO)
- Directional Movement Index (DMI)
- Donchian Channels, Channel Width
- Ease of Movement (EMV)
- Elder Ray, Elder's Force Index
- Exponential Moving Average, Double, Triple (EMA)
- Fisher Transform
- Forecast Oscillator
- Hilbert Transform
- Historical Volatility Ratio
- Hull Moving Average (HMA)
- Ichimoku Cloud
- Intraday Intensity Index, Percent
- Kaufman Adaptive Moving Average (KAMA)
- Keltner Channel
- Klinger Oscillator
- Know Sure Thing (KST)
- Lane's Stochastic Oscillator
- Least Squares Moving Average (LSMA)
- Linear Regression Line
- Moving Average Convergence-Divergence (MACD)
- MESA Adaptive Moving Average
- MidPoint Over Period
- Money Flow Index (MFI)
- Moving Average with Variable Period (MAVP)
- Moving Standard Deviation
- On Balance Volume (OBV)
- Parabolic SAR
- Percentage Price Oscillator (PPO)
- Pivot Points Daily
- Range, Previous Session, Today's Opening
- Rate of Change (ROC)
- Relative Strength Index (RSI)
- Relative Vigor Index (RVI)
- Relative Volatility Index (RVI)
- Simple Moving Average (SMA)
- SMI Ergodic Oscillator
- Smoothed Moving Average
- Stochastic, Momentum Index, RSI
- Super Trend
- Triangular Moving Average
- True Strength Index (TSI)
- TTM Squeeze
- Ultimate Oscillator
- Volatility Stop
- Volume, Lower, By Price, WMA
- Vortex Indicator (VI)
- Weighted Moving Average
- Wilder's Moving Average
- Williams %R, Alligator, Fractals
- Woodies CCI
- Zero-Lag Exponential Moving Average
Absolute Price Oscillator (APO)
The Absolute Price Oscillator displays the difference between two exponential moving averages of a security’s price and is expressed as an absolute value. Trading signals are generated when the indicator crosses the zero-line or when there is a divergence between the stock price and the indicator value.
Acceleration Bands measure the volatility over a specified period of time by plotting a simple moving average as a midpoint with equidistant upper and lower bands. Trading signals are generated when the price breaks out from a band or turns lower from an upper or lower maximum.
Accumulation/Distribution Line (ADL)
The Accumulation/Distribution Line is a volume-based indicator that measures underlying supply and demand by calculating a running total of each period’s Money Flow Volume. If the ADL is falling, it can be a sign that traders are turning bearish and vice versa when the indicator is rising.
AlphaTrends Anchored VWAP (AVWAP)
The AlphaTrends Anchored VWAP is a volume-weighted moving average that responds to ‘anchoring events’, such as an earnings release or Presidential election. The indicator is commonly used to show areas of potential support and resistance while accounting for these one-off events.
Arnaud Legoux Moving Average
The Arnaud Legoux Moving Average attempts to remove small price fluctuations and enhance trend detection by applying a moving average from left to right and right to left. The indicator shows areas of potential support and resistance without as much noise as other moving averages.
The Aroon-Up and Aroon-Down Indicators measure the number of periods since a X-day high or low. They are commonly combined to create the Aroon Oscillator. Readings above zero suggest that there are more new highs than new lows, suggesting a bullish move higher, and vice versa for readings below the zero line.
Average Directional Index (ADX)
The Average Directional Index is a momentum indicator that measures trend strength. Values above 25 suggest that a strong trend is present, while values below 20 suggest that there’s no trend, assuming the default ADX(14) is set. Trend traders can use these readings to determine when to jump in and out of trend trades and avoid sideways markets.
Average True Range (ATR), Trailing Stops
The Average True Range measures volatility by decomposing prices over a period of time. Unlike other indicators, ATR is not a directional indicator, but rather, a measure of the degree of interest or disinterest in the market. ATR Trailing Stops are commonly used by trend traders to set stop-loss levels that move alongside the trend.
The Awesome Oscillator is a momentum indicator that calculates the difference between two moving averages using each bar’s midpoints. Trading signals are generated when the value crosses above or below the zero line, while traders can also look for peaks, valleys or saucers in the indicator itself.
Balance of Power
The Balance of Power indicator measures the market strength of buyers versus sellers by determining the ability of each side to affect extreme price levels. Trading signals are generated when the indicator value diverges from the price.
Bollinger Bands (R), %B, Width
Bollinger Bands (R) are moving average envelopes with upper and lower bounds that are typically two standard deviations from a 20-day simple moving average. Trading signals are generated when the price reaches the upper or lower bounds or breaks out from the upper or lower bounds. The Bollinger Band (R) %B is an indicator that measures the percentage bandwidth between the upper and lower bounds, while the Bollinger Band (R) Width measures the absolute price difference.
Chaikin Money Flow, Oscillator, Volatility
The Chaikin Money Flow indicator is a volume-weighted average of accumulation and distribution over a specified period of time. Trading signals are generated when the indicator’s value crosses above or below the zero line, as well as when the indicator’s value diverges from the price.
Chande Kroll Stop, Momentum Oscillator
The Chande Kroll Stop is a trend-following indicator that’s calculated using the Average True Range and commonly used as a stop loss point. Sell signals are generated when the price crosses below goth lines and buy signals are generated when the prices crosses above both lines. The Chande Momentum Oscillator uses the same indicator in an oscillator format.
The Chandelier Exit is an indicator used to set a trailing stop-loss based on the Average True Range. Using a period high or low, the ATR, and a multiplier, the indicator is designed to keep traders in a trend and prevent early exits. Stop-loss levels are trigged when the price touches the indicator’s line from above (sell long) or below (cover short).
Choppiness Index (CHOP)
The Choppiness Index is a volatility indicator that’s designed to determine if the market is choppy or trending. While it’s not meant to predict price direction, it’s helpful for traders looking to avoid instances where they may be stopped out due to rising volatility. Values closer to 100 suggest a choppy market, while those closer to zero suggest a trending market.
Commodity Channel Index (CCI)
The Commodity Channel Index measures the current price relative to the average price over a period of time to determine if there’s an uptrend or downtrend. Buy signals are generated when the value moves above +100 while sell signals are generated when the value moves below -100. Traders also look for convergences or divergences with the price.
Connors RSI (CRSI)
The Connors RSI is a composite momentum indicator consisting of the RSI, UpDown Length, and Rate of Change. Values over 90 are considered overbought and values below 10 are considered oversold. Traders also look for divergences between the price and CRSI to determine potential inflection points.
The Coppock Curve is a long-term price momentum indicator used to identify major bottoms in the market. While the indicator has proven accurate on monthly charts, there have only been a handful of signals since the 1980s using the original indicators. Many traders use it on daily to minute charts to generate signals when crossing the zero line.
The Departure Chart is one of the oldest technical indicators that measures the difference between two moving averages (one short and one long). While it’s primarily used to identify trends, it’s also helpful for pinpointing overbought and oversold conditions.
Detrended Price Oscillator (DPO)
The Detrended Price Oscillator attempts to eliminate the long-term trends in prices. Using a displaced moving average, it avoids reaction to the most recent price action to better show intermediate overbought or oversold conditions. Traders often look for peaks or troughs to determine intermediate cycles.
Directional Movement Index (DMI)
The Directional Movement Index determines the strength of a trend vey looking at differences between highs and lows. Unlike other momentum indicators, it doesn’t show trend direction. Rising indicator lines suggest a strong trend (either up or down) with readings above 25 indicating a strong trend.
Donchian Channels, Channel Width
Donchian Channels are moving average envelopes created using the highest high and lowest low over a specified period of time. Traders use the indicator to assess the volatility in a market (e.g. the Donchian Channel Width), where breakouts represent periods of rising volatility.
Ease of Movement (EMV)
The Ease of Movement indicator helps traders see the relationship between price and volume. Higher values suggest that the price is increasing on low volume, while lower values suggest that the price is falling on low volume. Traders often use a moving average of the indicator as a trigger line.
Elder Ray, Elder’s Force Index
The Elder Ray is an oscillator that uses ‘bull power’ and ‘bear power’ to calculate the strength of a market trend. Traders often look at the slope of the indicator to determine if bulls or bears and garnering strength. The Elder’s Force Index converts the oscillator into an indicator value with a zero line that traders can use to assess trend strength.
The Envelope indicator attempts to define upper and lower bands for trading by plotting two moving average envelopes on a price chart. One is whited up a certain distance and one is shifted down a certain distance to create an envelope around the price. Traders treat each end of the envelope as an area of support or resistance.
Exponential Moving Average, Double, Triple (EMA)
The Exponential Moving Average is a weighted moving average that gives more weight to recent price data. Unlike the Simple Moving Average (SMA), the EMA assumes that recent prices are more important than distant past prices, so it changes more quickly than the SMA.
The Fisher Transform indicator converts prices into a Gaussian normal distribution to highlight when prices have moved to an extreme relative to recent prices. Traders often use the indicator to spot turning points in the price of an asset by looking for peaks and troughs.
The Forecast Oscillator is a linear regression based indicator that compares the closing price to its time series forecast. A reading above zero suggests that the forecast price is higher than the current price and vice versa if the reading is below zero. Traders may use these readings to bias their opinion of where prices may be statistically headed.
The Hilbert Transform is a complex technical indicator based on the mathematical concept by the same name. The indicator seeks to differentiate between cyclical and trending price activity. Traders use the indicator to signal overbought and oversold conditions in a cyclical market.
Historical Volatility Ratio
The Historical Volatility Ratio is a measure of volatility over a fixed period of time. Traders use the indicator to see how volatility changes changed over a period of time.
Hull Moving Average (HMA)
The Hull Moving Average is a moving average indicator designed to have less lag and more responsiveness, as well as less noise than other moving averages. Many swing and positive traders use the indicator to determine a security’s underlying trend, and less commonly, to identify entry and exit points.
The Ichimoku Cloud is a collection of technical indicators that show support and resistance levels along with the underlying trend and momentum. A price above the ‘cloud’ indicators a bullish uptrend and vice versa for a price below the ‘cloud’. A ‘cloud’ moving in the same direction as the price represents an even more bullish trend. The various moving average also provide areas of support and resistance to watch.
Intraday Intensity Index, Percent
The Intraday Intensity Index is a technical indicator designed to approximate institutional trading volume during a given period. While many indicators show how volume impacts the price, this indicator helps see how large block orders may be affecting the price (e.g. more intense order flow).
Kaufman Adaptive Moving Average (KAMA)
The Kaufman Adaptive Moving Average is a moving average indicator that’s designed to remove market noise and volatility. The indicator closely mirrors prices when there’s low noise and increases in distance during volatile periods. The indicator is used the same way as any other moving average, although it could experience more whipsaw action.
Keltner Channels are moving average bands with lower and upper bands that adapt to changes in volatility using the Average True Range. Traders often look for breakouts from the channels as a sign of an upcoming trend change or look at the overall increase or decrease as a sign of trend strength.
The Klinger Oscillator is designed to capture long-term money flow trends by combining volume with price. Traders watch for divergences between the indicator and the signal price to find potential reversals, while the oscillator’s signal line is also used to generate buy or sell signals.
Know Sure Thing (KST)
The Know Sure Thing is a momentum oscillator that makes rate-of-change readings easier to interpret. As with the MACD and other oscillators, buy signals are generated when KST crosses above the zero-line or makes a crossover above the signal line. The opposite signal occurs if there’s a cross under.
Lane’s Stochastic Oscillator
Lane’s Stochastic Oscillator measures the current price’s location in relative to the period’s high or low. Traders use the oscillator in the same way that they use similar oscillators by looking for crossovers or cross unders with the zero-line and signal line.
Least Squares Moving Average (LSMA)
The Least Squares Moving Average calculates the least squares regression line for preceding time periods, which creates a forward projection for the current period. Traders use the moving average to understand what could happen if the regression line continued into the future, providing valuable hints into support and resistance levels.
Linear Regression Line
The Linear Regression Line is a technical indicator designed to show the direction of a trend by drawing the “best fit” line for a linear regression between a start and end point. Traders may look at the indicator to assess trend direction or to find mean reversion trade opportunities. The slope of the line indicates the strength of the trend.
Moving Average Convergence-Divergence (MACD)
The Moving Average Convergence-Divergence is one of the most popular oscillators showing the interplay between two moving averages. If a short-term trend is rising or falling more quickly than a long-term trend, it could be a sign that the trend is gaining momentum. Traders look at the direction of these trends, crossovers with the zero-line, and any divergences or convergences with the price.
MESA Adaptive Moving Average
The MESA Adaptive Moving Average is attempts to adapt to price movements based on the rate change of phase as measured by the Hilbert Transform Discriminator. Traders use the moving average in the same way as other moving averages, looking for the overall trend and crossovers that could suggest a breakout or breakdown.
MidPoint Over Period
The MidPoint OverPeriod indicator looks at the highest and lowest points over a period and plots the midpoint between the two over a period of time. By looking at the midpoint, traders can see the an average price movement rather than looking at the highs and lows that can be choppy.
The Momentum oscillator measures the magnitude of price change in a given direction over time. Values above 100 indicate positive momentum (e.g. increasing price) and values below 100 indicate negative momentum (e.g. decreasing price). Traders often draw trend lines on the oscillator to determine periods where the price may be overbought or oversold.
Money Flow Index (MFI)
The Money Flow Index is an oscillator that measures the flow of money into and out of a security over time. While the Relative Strength Index (RSI) lookout price, the MFI looks at both price and volume to identify overbought or oversold conditions. Readings below 20 indicate oversold levels and readings above 80 indicate overbought conditions.
Moving Average with Variable Period (MAVP)
Moving Standard Deviation
The Moving Standard Deviation is a measure of market volatility. By calculating the standard deviation of moving averages over a period of time, traders can quickly see the expected volatility based on historical price action. Traders look for an increase in value when markets become more unstable, suggesting a possible breakout or breakdown.
On Balance Volume (OBV)
On Balance Volume is a cumulative indicator that measures buying and selling pressure. The indicator rises when volume on up days outpaces volume on down days and vice versa. Traders often confirm trends by looking for rising or falling values, while divergences could indicate a near-term trend reversal.
The Parabolic SAR (Stop And Reverse) is a trend following indicator that attempts to identify trends and ideal stop-loss points. Traders often use the indicator when placing trailing stop-loss points, while it can also be helpful for determining when trends reverse direction.
Percentage Price Oscillator (PPO)
The Percentage Price Oscillator is a momentum oscillator that measures the difference between two moving averages and expresses the difference as a percentage of the larger moving average. A move into positive territory reflects strong bullish momentum, while a move into negative territory reflects strong bearish momentum. Traders also look for divergences between the indicator and the price as a reversal sign.
Pivot Points Daily
Pivot Points are widely used daily calculations of support and resistance levels. Many traders plot pivot points on a chart to show potential areas of support and resistance, while relying on other technical indicators for confirmation.
Range, Previous Session, Today’s Opening
The Range simply shows the price range over a specified period of time. While most traders use the Average True Range (ATR), the raw price range can be helpful for assessing volatility in some cases.
Rate of Change (ROC)
The Rate of Change indicator is a momentum oscillator that measures the percentage change between the current price and a past price. As with other oscillators, traders look for overbought or oversold readings, as well as crossovers with the centerline and divergences with the price chart for signals.
Relative Strength Index (RSI)
The Relative Strength Index is one of the most popular momentum oscillators that measures the speed and change of price movements. Readings above 70 indicate overbought conditions, while readings below 30 suggest oversold conditions. Divergences with the price chart could suggest that a reversal will occur over the coming sessions.
Relative Vigor Index (RVI)
The Relative Vigor Index is an oscillator that measures the strength of a trend by comparing its closing price to its trading range and smoothing the results. As with other oscillators, traders usually look for overbought or oversold conditions, as well as divergences with the underlying price chart for signs of an upcoming reversal.
Relative Volatility Index (RVI)
The Relative Volatility Index is an oscillator that measures the standard deviation of price changes over a period of time rather than absolute price changes (like the RSI). Many traders use the RVI in conjunction with moving average crossover strategies as confirmation rather than as a standalone indicator.
Simple Moving Average (SMA)
The Simple Moving Average is, as its name implies, the most basic moving average calculation. Unlike the exponential moving average or weighted moving averages, it does not account for the recency of price movements. However, it remains an important indicator of potential support and resistance levels, as well as a popular part of trading systems.
SMI Ergodic Oscillator
The SMI Ergodic Oscillator is a double smoothed stochastic oscillator designed to clearly show trends by reducing compression in overbought and oversold areas. Traders look instead toward the trigger line for buy and sell signals when it falls below -20 or above +20.
Smoothed Moving Average
Smoothed Moving Averages combine concepts from Simple Moving Averages and Exponential Moving Averages. Using longer periods to determine an average, the indicator assigns a weight to the price data as the average is calculated to smooth out fluctuations and provide a clearer picture of the long-term trend.
Stochastic, Momentum Index, RSI
The Stochastic RSI, StochRSI, applies the Stochastic oscillator to a set of Relative Strength Index values rather than standard price data. The result is an indicator that’s more sensitive and fine-tuned to specific securities. Readings above 80 are considered overbought, while readings below 20 are considered oversold.
The Super Trend is a momentum indicator similar to moving averages or the MACD, except it uses the Average True Range to calculate values. Buy and sell signals are generated when the price crosses above or below the indicator value, while traders also use the line as an area of support or resistance.
Triangular Moving Average
The Triangular Moving Average is a double smoothed moving average that assigns the most weight to the middle segment of the price data. In that way, it’s a mix between a Simple Moving Average with even distribution and an Exponential Moving Average that heavily weights more recent prices. As with other moving averages, traders use the indicator to identify trends or areas of support or resistance.
True Strength Index (TSI)
The True Strength Index is a momentum oscillator that double smoothes price changes to filter out the noise. As with other oscillators, traders look for overbought or oversold levels, crossovers with the centerline, and divergences with the price to indicate potential reversals.
The TTM Squeeze indicator measures the relationship between Bollinger Bands (R) and Keltner’s Channels. By finding sections Bollinger Bands (R) that fall inside of Keltner’s Channels, traders can easily see when a market is experiencing strong momentum. The indicator is plotted along with the Momentum Oscillator to show buy and sell signals.
The Ultimate Oscillator is a momentum oscillator that incorporates momentum across three timeframes. The oscillator rises when buying pressure is strong and falls when buying pressure is weak. While the shortest timeframe carries the most weight, traders can benefit from looking at a wider range of timeframes to inform their analysis. Traders typically look for divergences to identify specific trading signals.
The Volatility Stop indicator uses a multiple of the Average True Range to define potential stop loss points along a prevailing trend. Traders usually look or a crossover as a signal to cover a short position and a cross under to exit a long position. While it’s not designed for entry signals, traders can also look at these levels as buy signals.
Volume, Lower, By Price, WMA
Volume-based indicators provide much-needed context to price action. For example, the Volume Weighted Moving Average (VWMA) incorporates volume into the moving average calculation to provide a better indication of important price levels when creating a smooth average. Volume Lower and Volume by Price can also provide insights into how volume is affecting price.
Vortex Indicator (VI)
The Vortex indicator is a combination of two oscillators that capture positive and negative trends. While the formula is complex, traders look for instances where the positive trend crosses above or below the negative trend as a sign of a bearish or bullish opportunity, respectively. Traders may also look for crossovers or cross under of a centerline.
Weighted Moving Average
Weighted Moving Averages are moving averages that assign more weight to recent data and less weight to past data. Unlike the EMA, the WMA puts linearly decreasing weight to closing prices when moving into the past (e.g. it’s not exponential). Traders use the WMA in the same way as other moving averages — to identify areas of potential support and resistance, as well as to better see the overall trend.
Wilder’s Moving Average
Wilder’s Moving Average is the moving average calculation that’s commonly used in Wilder’s other indicators, including the Average True Range, Relative Strength Index and others in their true form. While the Wilder Moving Average is similar to the Exponential Moving Average, there is a difference in the way that the time period is converted into a fraction that makes it slightly different.
Williams %R, Alligator, Fractals
Williams %R is a momentum oscillator that’s designed to be the inverse of the Fast Stochastic Oscillator. Readings of -20 indicate overbought levels, whereas readings above -80 indicator oversold levels. Traders also look for failed moves into overbought or oversold territory as indications that bulls or bears are losing momentum, respectively.
Woodies CCI is a momentum oscillator based on a 14-period Commodity Channel Index. As an unbounded indicator, traders must look at the oscillator within a given context rather than looking at specific overbought or oversold levels. Traders also look for divergences with the price, which could signal a potential reversal.
Zero-Lag Exponential Moving Average
The Zero-Lag Exponential Moving Average aims to eliminate the lag associated with Exponential Moving Averages by adding a momentum term. The resulting moving average follows the price more closely than a conventional EMA. As with other moving averages, traders look at the indicator as a potential area of support or resistance, as well as to assess the overall trend.