1. Bollinger Bands Indicators
Bollinger Bands (BB) is similar to the Envelopes. The only difference means that the distance(%)between the band line of the Envelopes and moving average line is fixed, while BB uses one critical standard deviation figure for drawing the chart. The standard deviation is a measure of volatility, thus BB could adjust itself to adapt to the market conditions. When the markets become more volatile the bands widen; during less volatile periods, the bands contract. BB generally is drawn on the price chart, but it can be added to the indicator chart as well.
2. Average Directional Movement Index
Average Directional Movement Indicator(ADX) is a technical analysis indicator used by some traders to determine the strength of a price trend. It is developed by the Welles Wilder and it is introduced in the New Concept of the Technical Trading System.
The simplest trading method of the Average directional movement system is to make a comparison on two accompanying indicators, the Positive Directional Indicator 14-cycle (+DI) and the Negative Directional Indicator 14-cycle(-DI). For this reason, one of the indicator charts is placed above another or –DI minus +DI. W.Wilder suggests to buy in when +DI is higher than –DI; when +DI is lower than –DI, then sell out.
3. Envelope Technical Indicators
The Envelope technical indicator is created using two moving averages that define upper and lower price range levels. The best relative figure of the band margin deviation is determined by the market volatility: higher latter, stronger deviation
Envelope technical indicator defines the upper and lower margins within the price range. When the price arrives in the upper edge of the band, there is a sell-out signal. When the price arrives in the lower edge, there is a buy-in signal.
4. Ichimoku Kinko Hyo
Ichimoku Kinke Hyo is a technical indicator that is used to forecast the market trends, the level of support and resistance, and generate the signal of buy-in and sell-out. This indicator performs best in the weekly and daily charts.
While defining the parametric dimensions, there are four different lengths of time intervals will be used. The dedicated line values that make up this indicator are based based on these intervals:
Tenkan-sen is calculated by adding the highest high and the highest low over the past nine periods and then dividing the result by two.
Kijun-sen stands for the average price of the second time interval period.
Senkou Span A refers to the distance of two curves with forward movement driven by the second time interval.
Senkou Span B represents the average price level of third time interval pushed forward by the second time interval.
Chikou Span stands for the closing price of the current period with forward movement driven by the second time interval.
5. Moving average
Moving average refers to the average price of products within a time period. As calculating moving average, the product price in this time period is equalised. Due to the price changes, moving average will increase or decrease as well.
There are four types of moving average: simple moving average(or arithmetic), exponential moving average, EMA and weighted moving average. Moving average can target at any continuous data set to do the calculation, including opening price and closing price, maximum price and minimum price, volume or any other indicators. The dual moving average is often used as well.
6. Parabolic sar
The development of parabolic sar technical indicators is used to analyze the trend market. This indicator is constructed on the price chart. The indicator is similar to the moving average, and the only difference is that the movement of parabolic sar has a higher acceleration, and it can change its position according to the price position. The indicator is lower than price in bull market (upward trend) and higher than price in bear market (downward trend).
7. Standard Deviation
Standard deviation is a measure of volatility. The indicator is a description of the fluctuation of the moving average price. Therefore, if the value of the indicator is high and the market is unstable, the price column will fluctuate with the moving average. If the value of the indicator is low, the fluctuation of the market will decrease and the price column will fluctuate with the moving average.
1. Average True Range
Average True Range Indicator (ATR) is an indicator showing the market change rate. This indicator is elaborated by Welles Wilder in his book "New Concept of Technology Trading System". This indicator is the constituent part of countless other indicators and subsequent trading systems.
After a sharp drop in prices due to the panic selling, the average true range indicator generally reaches a higher value at the bottom of the market. Lower indicators usually correspond to long-term cross-sections observed at the top of the market and during consolidation period. It can be explained by using the same rules as other volatility indicators.
2. Bears Power Indicator
Daily trading is like a battle between a buyer who pushes up prices ("bull ") and a seller who pulls down prices ("bear"). The victory depends on which side gets the upper hand, the price at the end of the day will be higher or lower than the closing price of the previous day. The intermediate result, which takes precedence over the highest price and the lowest price, can determine how the daytime battle develop.
It is extremely important to be able to evaluate the balance of bear power, because changes in balance may initially indicate a possible reversal of trends. This task can be solved by using a bear power oscillator developed by Alexander Elder.
3. Bulls Power Indicator
Daily trading is like a battle between a buyer who pushes up prices ("bull ") and a seller who pulls down prices ("bear"). The victory depends on which side gets the upper hand, the price at the end of the day will be higher or lower than the closing price of the previous day. The intermediate result, which takes precedence over the highest price and the lowest price, can determine how the daytime battle develop. It is extremely important to be able to assess the balance of bear power, because the changes in the balance may initially indicate a possible reversal of trends.
4. Commodity Channel Indicator
Commodity Channel Indicator (CCI) measures the deviation between commodity prices and their average statistical prices. The higher indicator means higher average price ratio. The lower the price is, the lower the average price ratio is. As the name implies, the commodity channel indicator can be applied to any financial product, not just limited to commodities.
5. De Marker Indicator
De Marker Indicator(DeM) is a technical analysis tool that compares the most recent maximum and minimum prices to the previous period's equivalent price to measure the demand of the underlying asset. If the current cycle (column) value is higher, the difference between them will be registered. If the current maximum value is less than or equal to the maximum value of the previous cycle, the null value will be registered. Summing up the total difference of N cycles, and the final value is taken as the molecule of De Marker. Then the final value is divided by the same value plus the sum of the difference between the previous cycle and the minimum value of the current cycle (column). If the minimum value of the current price is greater than the previous column, then register null value.
6. Force Indicator
The Force Indicator is a technical indicator that measures the amount of power used to move the price of an asset. The term and its formula were developed by psychologist and trader Alexander Elder. The force indicator is used for trend and breakout confirmation, as well as spotting potential turning points by looking for divergences. This indicator can be used as its original sample, but it is better to use the moving average for approximate analysis. Short-term moving average approximation (interval 2 is recommended by the author) is helpful to find the best time for opening and closing the position. If the long moving average (period 13) is used for approximation, the indicator shows trend change.
Moving Average Convergence Divergence (MACD) is a trend-following momentum indicator that shows the relationship between two moving averages of a security’s price. The MACD is calculated by subtracting the 26-period Exponential Moving Average (EMA) from the 12-period EMA. The result of that calculation is the MACD line. A nine-day EMA of the MACD, called the "signal line," is then plotted on top of the MACD line, which can function as a trigger for buy and sell signals. Traders may buy the security when the MACD crosses above its signal line and sell - or short - the security when the MACD crosses below the signal line.
8. Momentum Technical Indicators
Momentum technical indicators measure the price changes of financial products in a given time span. There are two basic ways to use momentum indicators: as an indicator to follow market trends, momentum is similar to the Mobile Average Aggregation/Divergence Indicator (MACD); very high or very low momentum indicators indicate that the current trend will continue; as a leading indicator; when the market approaches its peak, momentum indicators will plummet.
9. Oscillator of a Moving Average
Oscillator of a Moving Average (OsMA) is the difference between the smoothing indicator of oscillator and oscillator. In this case, the MACD baseline is used as an oscillator and the signal line is used for smoothing.
10. Relative Strength Indicator
The relative strength indicator (RSI) is a momentum indicator that measures the magnitude of recent price changes to evaluate overbought or oversold conditions in the price of a stock or other asset. The RSI is displayed as an oscillator (a line graph that moves between two extremes) and can have a reading from 0 to 100. The indicator was originally developed by J. Welles Wilder. The standard is to use 14 periods to calculate the initial RSI value. The 9 periods and 25 periods are very popular as well. The RSI will rise as the number and size of positive closes increase, and it will fall as the number and size of losses increase. RSI indicator can remain in "overbought" territory for extended periods while a stock is in an uptrend. The indicator can stay in "oversold" territory for a long time while a stock is in a downtrend.
11. Relative Vigor Indicator
The Relative Vigor Indicator (RVI) is a technical analysis indicator that measures the strength of a trend by comparing a security's closing price to its trading range and smoothing the results. It's based on the tendency for prices to close higher than they open in uptrends and to close lower than they open in downtrends. Traders expect the RVI value to rise as the bullish trend gains momentum because, in this positive setting, a security's closing price tends to be at the top of the range while the open is near the low of the range. With the purpose of successful calculation, the simple Moving Average is used.
12. Stochastic Oscillator
A stochastic oscillator is a momentum indicator comparing a particular closing price of a security to a range of its prices over a certain period of time. Stochastic Oscillator shows in two lines. The principal line is called as %K, while the second line is called as %D. It is a moving average of %K. %K generally shows in full line, while %D line shows in imaginary line. There are lots of methods could explain the Stochastic Oscillator.
13. Williams' Percent Range
Williams’ Percent Range is a dynamic technical indicator(%R) to judge if there has overbought/oversold in the market. William 5R is extremely similar to Stochastic Oscillator. The only difference is the %R scale ranges from top to bottom, while Stochastic Oscillator has internal smoothness. If the indicator value ranges from -80% to -100%, the market belongs to the oversold state.
Accumulation/distribution is a cumulative indicator that uses volume and price to assess whether a stock is being accumulated or distributed. The accumulation/distribution measure seeks to identify divergences between the stock price and volume flow. This provides insight into how strong a trend is. If the price is rising but the indicator is falling this indicates that buying or accumulation volume may not be enough to support the price rise and a price decline could be forthcoming.
2. Money Flow Indicator
Money Flow Indicator(MFI) is a technical oscillator that uses price and volume for identifying overbought or oversold conditions in an asset. It can also be used to spot divergences which warn of a trend change in price. The construction and explanation of this indicator are similar to RSI. The only difference is that volume is extremely important to MFI.
As analysing MFI, the following aspects must be considered: deviation between the indicator and price trend. If the price increasing, while the indicator is decreased(vice versa), there has a high probability of price transition. An MFI reading above 80 is considered overbought and an MFI reading below 20 is considered oversold.
3. On Balance Volume
On-balance volume (OBV) is a technical trading momentum indicator that uses volume flow to predict changes in stock price developed by Joseph Granville. If the closing price of the current column price is higher than the previous column, trading value of the current column line will be added to the previous OBV. If the closing price of the current column line is lower than the previous column line, the previous OBV will minus current trading value.
Volumes: For the foreign exchange market, volumes indicator selects the price alternation times within each cycle in the selected time frame. The stock trading category volumes indicator is the volumes indicator in practical trading(protocol, currency and unit).
1. Accelerator Oscillator
Accelerator Oscillator: Price is the last element of change. Before the price changes, the market driving force changes its direction, and the acceleration of driving force must decelerate and tend to zero. Thereafter, the reverse acceleration began until the price began to change its direction. Acceleration/Deceleration Specification (AC) Measuring Acceleration and Deceleration of Current Driving Thrust
2. Alligator Technical Indicator
The Alligator technical indicator is a combination of equilibrium line (moving average line) using typed set theory and non-linear dynamics. For most of the time, the market remained stable. Only in 15-30% of the time, there will have a trend, and traders who do not participate in the stock exchange could get most of the profits from this trend as well.
3. Awesome Oscillator
Awesome Oscillator: Bill Williams' Momentum Oscillator Specification (AO) is a 34-period simple moving average drawn by subtracting the column midpoint (H+L)/2 from the 5-period simple moving average. It clearly shows us a situation of the market driving forces in the current period.
Fractals: The real feature of all markets is that most prices don't change much, only in a very short period of time (15-30%), there will have trend changes. Most profitable cycles are usually the time when prices change according to specific trends. Fractal is one of the five indicators in Bill Williams trading system. It can detect the bottom or the top.
5. Gator Oscillator
Gator Oscillator: Gator Oscillator is based on Alligator and shows the convergence/divergence of its equilibrium line (smooth moving average). The top histogram is the absolute difference between the blue line and the red line. The bottom histogram is the absolute difference between the red and green lines, but with a negative sign because the histogram is drawn from top to bottom.
6. Market Facilitation Indicator
BW MFI reveals the price change in each quoted price. The absolute value of the indicator does not mean anything, only the change of the indicator is meaningful.