A sell signal occurs when the indicator crosses below zero. Here prices are moving downward more easily. A purchase signal occurs when it crosses above zero. In this case prices are more easily moving upward. Low values occur when prices are moving downward on light volume. High Ease of Movement values is produced when prices are moving upward with light volume. In case if … [Read more...]
Ease of Movement : The Basic Concept
What Does Ease Of Movement Mean? A technical momentum indicator that is used to illustrate the relationship between the rate of an asset's price change and its volume. This indicator attempts to identify the amount of volume required to move prices. Generally a value greater than zero is an indication that the stock is being accumulated (bought) and negative values are used to … [Read more...]
Forecast Oscillator : Application and Chart
Concept The Forecast Oscillator is an extension of the linear regression based indicators developed by Tushar Chande. The Forecast Oscillator plots the percentage difference between the forecast price (generated by an x-period linear regression line) and the actual price. The oscillator is above zero when the forecast price is greater than the actual price. Conversely, it's … [Read more...]
Forecast Oscillator : The Concept
The Forecast Oscillator was developed by Tushar Chande. The Forecast Oscillator is an extension of the linear regression based indicators, by definition. It is a percentage comparison of the price of an issue and the price as indicated by the Time Series Forecast Oscillator. The oscillator is above zero when the forecast price is greater than the actual price. Conversely, … [Read more...]
Dynamic Momentum Index : Application and Chart
Simply speaking, The Dynamic Momentum Index is an adaptive RSI. This means it adjusts itself according to the current volatility of the market. Accordingly, the period length will be shortened during volatile phases and lengthened during calmer market phases, unlike RSI. RSI usually uses 14 periods but the length of periods in DMI changes according to the conditions of the … [Read more...]