The Average True Range, by definition, is a simple and fantastic measure of volatility and market noise. Interestingly, the average true range (ATR) tells you a security’s volatility over a given period. In other words, it gives you the tendency of a security to move, in either direction. The average true range, more specifically, is the (moving) average of the true range … [Read more...]
Application Of Aroon Indicator(Stock Market)
While "Aroon up" and "Aroon down" are changing simultaneously, the trend isn't clear. The price then moves sideways, or is going to move sideways. When "the Aroon up" is under 50, it's a signal that the uptrend is giving up its momentum. And when "the Aroon down" is under 50; it's a signal that the downtrend is giving up its momentum. When "the Aroon up" or "Aroon down" exceed … [Read more...]
Aroon Oscillator : Basic Concept
OVERVIEW The Aroon indicator anticipates when a security is changing from an impulsive move to a trading range and vice versa. The Aroon indicator was developed by Tushar Chande, who also created the Chande Momentum Oscillator and the Qstick. The aroon indicator displays two plots: (1) Aroon Up and (2) Aroon Down. The standard period for the Aroon Up and Aroon Down is … [Read more...]
Application Of Accumulation /Distribution Index
How Accumulation & Distribution is Calculated in Stock Market ? To calculate Williams' Accumulation/Distribution indicator, first work out the True Range High ("TRH" - the higher of yesterday's close or todays high) and True Range Low ("TRL" - the lower of yesterdays close or todays low). Williams' Accumulation/Distribution is a cumulative total of "X" … [Read more...]
Accumulation/Distribution -Technical Indicator
Overview Accumulation/Distribution Technical Indicator is determined by the changes in price and volume. The volume acts as a weighting coefficient at the change of price — the higher the coefficient (the volume) is, the greater the contribution of the price change (for this period of time) will be in the value of the indicator. In fact, this indicator is a variant of the … [Read more...]